US Treasury bills mixed at auction with rates on 3-month bills rising to highest in 5 weeks
Interest rates on short-term Treasury bills were mixed in Monday's auction with rates on three-month bills rising to the highest level in five weeks while rates on six-month bills were unchanged.
Moody's downgrades $48B of Puerto Rico's debt, following S&P's downgrade last week
Moody's Investors Service has downgraded $48 billion worth of Puerto Rico debt as the U.S. territory struggles to generate more revenue.
Average US rate on 30-year mortgage rises to 3.76 percent; 15-year rate up to 3.05 percent
Average long-term U.S. mortgage rates have risen for a second straight week yet remained near historically low levels.
Foreign holdings of US Treasury debt rose 0.7 percent to record $6.15 trillion in December
Foreign holdings of U.S. Treasury securities rose to a record level in December despite investors in China and Japan, the two biggest foreign owners of Treasury debt, cutting back on their holdings.
Rates at US Treasury bill auction decline with 3-month rates dipping to lowest since October
Interest rates on short-term Treasury bills fell in Tuesday's auction, with rates on three-month bills falling to the lowest level since mid-October.
Interest rates rise at weekly US Treasury bill auction; 6-month bills highest in over a month
Interest rates on short-term Treasury bills rose in Monday's auction with rates on six-month bills reaching their highest level in over a month.
S&P paying about $1.38B to settle gov't allegations it knowingly inflated some ratings
Standard & Poor's is paying about $1.38 billion to settle government allegations that it knowingly inflated its ratings of risky mortgage investments that helped trigger the financial crisis.
Australia stocks jump on rate cut, China index bounces to lead most global indexes higher
Australian stocks jumped to a near-seven-year high after an interest rate cut Tuesday and Chinese stocks rebounded from a losing streak, leading most other global markets higher as jitters about Greece's new government subsided.
US Treasury bill rates fall at weekly auction with 3-month bills down to lowest since October
Interest rates on short-term Treasury bills fell in Monday's auction with rates on three-month bills dropping to the lowest level since October.
Obama sending $4 trillion spending plan to Congress, pledging to address middle-class squeeze.
President Barack Obama is sending Congress a $4 trillion budget that seeks to raise taxes on wealthier Americans and corporations and use the extra income to lift the fortunes of families who have felt squeezed during tough economic times.
World stock markets uneven ahead of quarterly US economic growth report
World stock markets were uneven Friday and Wall Street futures slid ahead of quarterly growth figures that will show whether weakness in China, Japan and Europe has hit the U.S. economy.
Fitch: Greece deal possible, but risks high if it's drawn-out; eurogroup leader in Athens
The ratings agency Fitch says an agreement between Greece's new left-wing government and rescue lenders is still possible but is warning that drawn-out negotiations pose a "high risk" to the country's fragile economy.
Rates on US Treasury bills mixed at weekly auction with 3-month bills dipping to 3-month low
Interest rates on short-term Treasury bills were mixed in Monday's auction with rates on six-month bills unchanged while rates on three-month bills dropped to the lowest level since October.
Greek election result reflects growing European backlash against austerity policies
The election result in Greece reflects a growing European backlash against austerity policies.
Success of ECB's stimulus plan requires risk-taking from the eurozone's 340 million people
The fate of the European Central Bank's aggressive plan to stimulate the economy out of stagnation lies with the 340 million people in the 19-country euro alliance.
Moody's drops Atlantic City bond rating 6 notches after New Jersey appoints emergency managers
Wall Street is giving a big thumbs-down to New Jersey's effort to tame Atlantic City's finances.
Average rate on 30-year mortgage falls to 3.63 pct.; lowest since May 2013
Average long-term U.S. mortgage rates fell for the fourth straight week, with the benchmark 30-year rate again marking its lowest level since May 2013.
Standard & Poor's Ratings settled with the government, 2 states on mortgage-backed bonds
Ratings company Standard & Poor's will pay $77 million to settle with the U.S. government and two states to resolve an investigation into mortgage-backed securities.
Romney calls climate change a big challenge for US, says it needs global solutions
Mitt Romney says one of the biggest challenges facing the country is climate change and that global solutions are needed to combat it.
US Treasury bill rates mixed at auction with 6-month bills falling to lowest in 2 months
Interest rates on short-term Treasury bills were mixed in Tuesday's auction with rates on three-month bills unchanged while rates on six-month bills dipped to the lowest level since late November.