WASHINGTON (AP) — The Treasury Department is seeking to borrow $444 billion in the current quarter through September as the Federal Reserve tightens its portfolio.
Figures released Monday by the department show that to be a $262 billion increase compared to estimates announced in May, a sign that the federal government will need to be more reliant on debt.
WASHINGTON (AP) — President Joe Biden on Monday urged Republican senators to “get out of the way” and let Democrats suspend the nation’s debt limit, hoping to keep the U.S. government from bumping dangerously close to a credit default as Senate Republican Leader Mitch McConnell refuses to lend his party’s help.
Shares were higher in Asia on Friday as investors stepped up buying despite another decline on Wall Street that kept the S&P 500 and the Nasdaq on track for their first weekly losses in three weeks.
WASHINGTON (AP) — The Treasury Department announced Wednesday it will raise $126 billion to finance the government in a series of auctions next week by employing emergency measures to keep from broaching the newly imposed debt limit.
Bond yields rebounded solidly and stock indexes notched new highs Friday as Wall Street closed out a choppy, holiday-shortened week of trading with the market's third straight weekly gain.
The S&P 500 index rose 1.1% to an all-time high for the second time this week.
BANGKOK (AP) — Shares were mostly lower in Asia on Friday after stocks pulled back from their recent record highs on Wall Street as bond yields fell and investors turned cautious.
TOKYO (AP) — Global shares advanced Friday after China reported its economy expanded at an 18% annual pace in the first quarter of the year...
WASHINGTON (AP) — U.S. long-term mortgage rates declined this week as growing concern over the economic impact of China's viral outbreak spurred a steep downturn in global stock markets...
WASHINGTON (AP) — U.S. mortgage rates rose slightly this week but they remain far below year-ago levels, which has provided a boost to home sales...
Stocks on Wall Street notched modest gains Friday, erasing some of the market's steep losses from a day earlier...
NEW YORK (AP) — The latest on developments in financial markets (all times local):
4 p.m.
Strong results from major companies including Microsoft and Visa helped U.S. stocks bust out of another losing streak.
WASHINGTON (AP) — Long-term U.S. mortgage rates edged lower this week.
Mortgage giant Freddie Mac said Thursday the average for the 30-year fixed-rate mortgage declined to 3.48 percent from 3.50 percent last week.