Yellen says women face many obstacles in economics careers
Janet Yellen, the first woman to head the U.S. Treasury Department, says women seeking to pursue careers in economics face a number of obstacles.
U.S. sent $1.4 billion in virus relief payments to dead people
A government watchdog says nearly 1.1 million relief payments totaling some $1.4 billion went to dead people in the government’s coronavirus aid program.
Treasury announces record borrowing of $2.99 trillion
The Treasury Department says it will need to borrow a record $2.99 trillion during the current April-June quarter to cover the cost of various rescue efforts dealing with the coronavirus pandemic.
Treasury: Major airlines to take $25 billion in aid to meet payroll
The deals aren't final, but the assistance is almost certain to be a mix of cash and loans, and the government could take a small ownership stake in the leading airlines.
Faced with financing budget deficits topping $1 trillion annually, the Treasury is introducing a new 20-year bond.
In our news wrap Wednesday, U.S. and Chinese officials have concluded their latest trade talks without visible signs of progress. A Chinese Foreign Ministry spokeswoman called President Trump’s Tuesday accusations that China had reneged on trade promises “laughable.” Also, the…
Is the Fed solely responsible for driving down interest rates? There's plenty of reason to think the answer is no.
Market borrowing for this budget year is projected to total $1.27 trillion, a 6.5% increase from the 2018 budget year.
The U.S. accused them of forming part of a sophisticated scheme that stole hundreds of millions in dollars from food import contracts.
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