Feds to buy up to $6 billion in Treasury bonds in move to ease borrowing costs
U.S. Treasury Secretary Scott Bessent said on Wednesday that the agency will buy up to $6 billion in…
Bond market sell-off threatens higher borrowing costs. Here is what it means for your money.
A bond sell-off driven by investor fears over inflation and rising government debt has rattled markets and threatened…
National debt tops $40 trillion after doubling in less than a decade, Treasury data shows
The national debt topped $40 trillion, according to Treasury Department data released on Wednesday, representing a fiscal milestone…
Bessent touts Trump Accounts as rainy day fund and slams critics as “out of touch”
U.S. Treasury Secretary Scott Bessent on Wednesday touted the benefits of the Trump administration’s new savings program for…
What will companies do without pennies? We asked McDonald’s, Wendy’s, Kroger and other top retailers.
The penny appears to have run out of luck. The U.S. Mint in Philadelphia pressed its last…
U.S. debt tops $38 trillion for the first time, worsened by government shutdown
The U.S. gross national debt has surpassed $38 trillion for the first time, U.S. Treasury Department data shows.…
Treasury Department may issue $1 Trump coin for 250th anniversary of U.S. independence
The Treasury Department said it is working on a $1 coin featuring President Trump’s image to mark the…
How does the Fed influence mortgage rates? Here’s what to know as policymakers consider trimming borrowing costs.
The Federal Reserve is widely expected to lower its benchmark interest rate this week for the first time…
Trump administration sanctions popular hip hop artist “El Makabelico” over alleged ties to Mexican drug cartel
The Trump administration said Wednesday it was sanctioning Mexican musician Ricardo Hernández, known as “El Makabelico,” over allegations…