The value of U.S. government bonds held by foreign central banks at the Federal Reserve shrank by a record amount this week, causing a stir in the Treasury market.
WASHINGTON -- The Federal Deposit Insurance Corp. has sued 16 big banks that set a key global interest rate, accusing them of fraud and conspiring to keep the rate low to enrich themselves.
THIS could be - should be - Europe's finest hour, the moment of decisive action to defuse mounting tensions between Russia and Ukraine, an excellent opportunity for the 28-nation European Union to prove its credentials as a peacemaker and regional ...
Consumer confidence in the US unexpectedly dropped in March to a four-month low, indicating household spending may be slow to pick up from a weather-related setback earlier this year.
A Senate bill would replace mortgage giants Fannie Mae and Freddie Mac with a new federal agency. * Banks, affordability advocates question measure to dismantle Fannie, Freddie.