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.
US Federal Deposit Insurance Corporation has sued HSBC and 14 other global banking heavyweights for manipulation of the Libor rate.
U.S. Secretary of State John Kerry, right, and Russian Foreign Minister Sergey Lavrov... Read More. U.S. Secretary of State John Kerry, right, and Russian Foreign Minister Sergey Lavrov shake hands before a meeting at the residence of the U.S.
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.