House Democrats unveil budget matching Obama's tax increases, deficit path
House Democrats have unveiled a $3.7 trillion budget plan for next year.
Federal debt limit returns at $18.1 trillion with Treasury making moves to stay under cap
After a year with no cap on government borrowing, the federal debt limit has come back into force.
Rates at weekly US Treasury auction rise to highest levels since late December
Interest rates on short-term Treasury bills rose in Monday's auction to their highest levels since late December.
Foreign holdings of US Treasury debt hit record in January despite decrease by China
Foreign holdings of U.S. Treasury securities rose to a record level in January despite a cutback by investors in China, the largest foreign owner of Treasury debt.
Lew provides details to Congress of emergency measures he will employ to avoid debt limit
Treasury Secretary Jacob Lew is telling Congress the steps he will be taking once the federal government hits the debt limit on Monday.
US Treasury bills mixed at weekly auction with 6-month bills rising to highest in 2 months
Interest rates on short-term Treasury bills were mixed in Monday's auction with rates on six-month bills climbing to the highest level since January while rates on three-month bills were unchanged.
Lew tells Congress he will start using emergency measures to avoid debt limit next week
Treasury Secretary Jacob Lew is telling Congress that he will start using the package of emergency measures he has used in the past to keep the federal government from going over the debt limit next week.
Despite rollback on election pledges, Greece's new government enjoys massive popularity
Cleaning ladies who have waged Greece's longest-running anti-austerity protest have camped outside a finance ministry building in Athens for nearly two years with one goal — getting their state-paid jobs back.
Rubio-Lee tax plan rewards investors, parents, businesses but likely adds billions to deficit
With an eye toward a possible run for the White House, Republican Sen. Marco Rubio is signing onto an ambitious plan to cut taxes for investors, parents and businesses in an effort to spur economic growth and create jobs.
Brazilian oil firm Petrobras downgraded to junk status by Moody's
Brazilian oil firm Petrobras has now been downgraded to junk bond status by Moody's.
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.