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Bell Rings for Bond Bubble

Michael Pento | Posted 02.09.2012 | Business

Michael Pento

They always tell you no one rings a bell when a market top or bottom is reached. But a bell is now ringing for the end of the 30-year bull market in U.S. debt. And ironically, the bell ringer is our very own U.S. Treasury Department.

Leadership That's Right on the Money

Tom Fox | Posted 02.07.2012 | Politics

Tom Fox

There is no other commodity that really chronicles American history better than our currency and coins. So to go through this planning process with them, we can reconnect with their work and showcase why it's important and why they are valued.

U.S. Treasury Building Goes Green

Posted 12.31.2011 | Green

From EarthTechling's Susan DeFreitas: The U.S. Treasury Building dates back to the 19th century and is located right next door to the White House -...

S&P: Despite Supercommittee Fail, U.S. Credit Rating Safe

AP | By MARTIN CRUTSINGER | Posted 11.22.2011 | Business

WASHINGTON -- Credit rating agency Standard & Poor's says it will not downgrade the U.S. government's credit rating because a Congressional committee ...

U.S. Works To Safeguard Itself From European Debt Crisis

Posted 11.14.2011 | Business

(David Lawder and Glenn Somerville) - The United States is ramping up attempts to safeguard its financial system from a worsening of Europe's debt...

China is Not the Problem, It's a Symptom

Georges Ugeux | Posted 12.12.2011 | Business

Georges Ugeux

The vote by the U.S. Senate to proceed with sanctions to "punish" China for its currency policy is hypocritical and is a further sign of Washington's inability to deal with U.S. economic problems.

Geithner To Float Leveraging Euro Rescue Along Lines Of U.S. Program

Posted 11.15.2011 | Business

WROCLAW, Poland (Reuters) - Treasury Secretary Timothy Geithner is likely to suggest to European finance ministers on Friday that they leverage th...

U.S. Companies Could Get Tax Cuts On Foreign Profits

Posted 11.11.2011 | Business

(BRAD DORFMAN, Reuters) - The Treasury is weighing a proposal to eliminate some, but not all, of the taxes on overseas profits of U.S.-based compa...

Hurricane Irene Will Cost Federal Taxpayers $1.5 Billion

AP | By ALAN FRAM | Posted 11.05.2011 | Politics

WASHINGTON -- The White House estimated on Monday that Hurricane Irene will cost federal taxpayers $1.5 billion in disaster relief, further ballooning...

Real Downgrade Is When China Dumps Their Treasury Holdings

Jeffrey Rubin | Posted 10.10.2011 | Business

Jeffrey Rubin

The loss of America's AAA credit rating brings us that much closer to the day when the People's Bank of China doesn't show up at the Treasury auction.

What to Do With the U.S. Treasury Bonds Now?

Irene Aldridge | Posted 10.08.2011 | Business

Irene Aldridge

With the now-lower rating on the U.S. government debt assigned by the major rating agency, the Standard & Poors, the bonds and bills investors find themselves questioning as to what to do with their investments: how to find riskless replacements for the now-risky U.S. bonds?

Debt Ceilings Aren't the Only Way America Can Default

Jeffrey Rubin | Posted 09.19.2011 | Business

Jeffrey Rubin

If Congress does the unthinkable by not raising the debt ceiling, the U.S. government will start defaulting on its debt, of which the People's Bank of China is the single largest holder.

Tim Geithner: Banks' Interests 'Not Aligned' With Those Of American Economy

The Huffington Post | James Sunshine | Posted 09.17.2011 | Business

Despite warnings from JPMorgan Chase CEO Jamie Dimon that the U.S. government may be suffocating the American economy recovery through over-regulation...

Bill Gross: 'Don't Mess With The Debt Ceiling'

Washington Post | Bill Gross | Posted 09.13.2011 | Business

To raise or not to raise the debt ceiling; that is the question: Whether 'tis nobler to suffer the slump and arrows of default today or in some distan...

Five Myths About The Debt Ceiling

The Washington Post | Bruce Bartlett | Posted 09.07.2011 | Business

In recent months, the federal debt ceiling -- last increased in February 2010 and now standing at $14.3 trillion -- has become a matter of national de...

Geithner Considers Leaving Treasury After Budget Deal

Posted 08.30.2011 | Business

This story has been updated. Treasury Secretary Timothy Geithner is said to be considering leaving his position after the budget deal is completed,...

U.S. Has 'Clear Path' To Selling Its Remaining General Motors Stake

Posted 08.22.2011 | Business

DETROIT - The Treasury has a "clear path" to selling its remaining stake in General Motors Co shares, a senior Obama administration official is ex...

Stiglitz: IMF Chief Must 'Continue Along The Reform Path'

Project Syndicate | Joseph E. Stiglitz | Posted 08.03.2011 | Business

NEW YORK – Sooner than expected, the International Monetary Fund will have a new managing director. For more than a decade, I have criticized the Fu...

AIG Share Sale Makes A Profit For U.S. Treasury

Posted 07.25.2011 | Business

NEW YORK/WASHINGTON (Clare Baldwin and Pedro da Costa) - The U.S. Treasury made a small profit when it sold a portion of its shares in American In...

Taxpayers Take Hit On Lower-Priced AIG Stock Sale

Posted 07.11.2011 | Business

NEW YORK: American International Group and the U.S. Treasury will sell nearly $9 billion in AIG stock, they said on Wednesday, a huge offering but...

AIG Shares Fall Low Enough To Threaten Government Loss

Posted 07.09.2011 | Business

Shares in bailed-out insurer American International Group (AIG.N) fell to their lowest levels in nearly eight months on Monday, potentially moving...

Geithner: 'Revenue Neutral' Corporate Tax Reform In The Works

Posted 06.05.2011 | Business

WASHINGTON - The Obama administration is working on a comprehensive proposal for corporate tax reform, U.S. Treasury Secretary Timothy Geithner sa...

The Non-Mandated Society

Janet Ritz | Posted 06.24.2011 | Business

Janet Ritz

If the banks were mandated to stop demonizing the unemployed in unemployment recovery programs, that would allow programs to have a better percentage of success than their current rate of failure.

Private Employers Enjoying 'Reasonable' Job Growth, Processor Shows

Reuters | Posted 05.30.2011 | Business

NEW YORK (Reuters) - U.S. private employers added 201,000 jobs in March, while February's figure was revised down slightly, a report by a payrolls...

Federal Reserve Earns Record Profits, Largely From Investments In Economy, Banks

Reuters | Posted 05.25.2011 | Business

The Federal Reserve earned a record $81.7 billion in 2010, largely on investments made to help the economy and banks weather the 2007-2009 financi...