• National Debt Sep 5

    AP Explains: US Debt Will Soon Exceed Size of Entire Economy

    The U.S. government’s war against the coronavirus is imposing the heaviest strain on the Treasury since America’s drive to defeat Nazi Germany and imperial Japan three-quarters of a century ago

  • coronavirus stimulus Jul 14

    IRS Cancels $1.4 Billion to Stimulus Checks Sent to Dead Americans

    The Internal Revenue Service is canceling over 1.1 million coronavirus stimulus checks it sent to deceased Americans in April.

  • U.S. Treasury Jul 9

    Coronavirus Causes US Coin Shortage

    Your spare change is in high demand right now: U.S. businesses are facing a nationwide coin shortage after the coronavirus pandemic has all but stopped cash transactions.

  • small business loan Jun 21

    Watchdogs: Treasury Too Secretive on Small Business Loans

    The Trump administration has relented to public pressure and pledged to provide more details about which small businesses received loans from a $600 billion-plus coronavirus aid program

  • airlines Apr 12

    ‘This Will Lead to Airline Bankruptcies': Flight Attendant Union Furious With Treasury Bailout Offers

    Less than 24 hours after the Treasury Department formally extended cash grant offers to the six largest airlines in the U.S., the union representing 120,000 flight attendants is blasting the move with a dire warning.

  • Donald Trump Jul 30, 2019

    Iranians Say US Sanctions Blocking Access to Needed Medicine

    Taha Shakouri keeps finding remote corners to play in at a Tehran children’s charity hospital, unaware that his doctors are running out of chemo medicine needed to treat the eight-year-old boy’s liver cancer. With Iran’s economy in free fall after the U.S. pullout from the nuclear deal and escalated sanctions on Tehran, prices of imported medicines have soared as the...

  • NBC Jun 12, 2019

    Reps of 22 Foreign Governments Spent Money at Trump Properties

    Representatives of at least 22 foreign governments appear to have spent money at Trump Organization properties, an NBC News review has found, hinting at a significant foreign cash flow to the American president that critics say violates the U.S. Constitution. The extent and amount of foreign spending at Trump’s hotels, golf clubs and restaurants is not known, because the Trump...

  • New York Oct 17, 2018

    Treasury Employee Arrested, Accused of Leaking Secret Information to Media

    A U.S. Treasury employee has been arrested on charges that she leaked to BuzzFeed News multiple reports about suspicious financial transactions involving ex-Trump campaign chief Paul Manafort, law-enforcement officials said. The highly confidential documents allegedly leaked by the employee also were related to former Trump campaign official Richard Gates, accused Russian agent Maria Butina, a suspected Russian money launderering entity...

  • United States Oct 4, 2018

    Mortgage Rates Edge Lower; 30-Year Rate at 4.71 Percent

    Long-term U.S. mortgage rates edged slightly lower this week, taking a pause after five straight weeks of increases. Costs for would-be homebuyers have been climbing, and the key 30-year rate has been running at its highest levels in more than seven years. Mortgage buyer Freddie Mac said Thursday the average rate on 30-year, fixed-rate mortgages ticked down to 4.71 percent...

  • Daniel Macht Sep 26, 2018

    Here's How the Fed Rate Hike Will Impact You

    With the Federal Reserve’s latest quarter-point interest rate increase (and still more likely to come), the pressure is mounting for consumers. The Fed’s eighth hike in two years pushes the federal funds rate target to a new range of 2 to 2.25 percent. That rate is closely tied to consumer debt, particularly credit cards, home equity lines of credit and...

  • United States Aug 2, 2018

    Average US Mortgage Rates Rise; 30-Year at 4.60 Percent

    Long-term U.S. mortgage rates rose for the second straight week, continuing to dampen prospects for potential homebuyers. Mortgage buyer Freddie Mac said Thursday the average rate on 30-year, fixed-rate mortgages jumped to 4.60 percent this week from 4.54 percent last week. Long-term loan rates have been running at their highest levels in seven years. The average benchmark 30-year rate reached...

  • Donald Trump Aug 1, 2018

    The Fed Didn't Raise Rates This Time, But Will Again. Here's How to Prepare for the Next Hike

    The Federal Reserve did not raise interest rates Wednesday, but it did set the stage for a September hike. That gives consumers time to firm up their finances. Fed officials, including Chairman Jerome Powell, have already raised interest rates twice this year and pointed to two more increases before the end of 2018. Yet just last month, President Donald Trump...

  • United States Jul 5, 2018

    Average US 30-Year Mortgage Rates Fall to 4.52 Percent

    Long-term U.S. mortgage rates fell this week, offering a slight degree of relief to would-be homebuyers. Mortgage buyer Freddie Mac said Thursday that the average rate on 30-year, fixed-rate mortgages dropped to 4.52 percent from 4.55 percent a week ago. Rates have declined in five of the past six weeks. Still, the average rate has increased from a year ago...

  • Donald Trump May 17, 2018

    Trump Plays Down Prospect of Successful US-China Trade Talks

    President Donald Trump on Thursday cast doubt on the prospect of successful trade talks with China, saying the Asian economic powerhouse has become “very spoiled” because it usually gets its way with the U.S. Trump, in response to questions from reporters during a meeting with NATO’s secretary-general, said the United States has been losing $500 billion a year on trade...

  • Donald Trump Apr 19, 2018

    Average US 30-Year Mortgage Rate Rose to 4.47 Percent

    Long-term U.S. mortgage rates climbed upward this week, slightly worsening affordability for homebuyers. Mortgage buyer Freddie Mac said Thursday that the average rate on 30-year, fixed-rate mortgages rose to 4.47 percent from 4.42 percent last week. This benchmark rate averaged 3.97 percent a year ago. With the start of the traditional spring homebuying season, people shopping for homes are dealing...

  • NBC Jan 18, 2018

    Lawmakers Would Pay for Sexual Harassment Settlements Under Proposed Bill

    Lawmakers would be required to pay for sexual harassment settlements themselves under a new bipartisan legislation introduced Thursday, part of an effort to overhaul Capitol Hill’s decades-old secretive system, NBC News reported. The legislation, known as the Congressional Accountability Act of 1995 Reform Act, would give victims more rights and resources when they file a sexual harassment complaint, simplify the...

  • Donald Trump May 24, 2017

    Trump Failing to Track Foreign Cash at His Hotels

    Just before taking office, President Donald Trump promised to donate all profits earned from foreign governments back to the U.S. Treasury. But MSNBC has learned the Trump Organization is not tracking all possible payments it receives from foreign governments, according to new admissions by Trump representatives. By failing to track foreign payments it receives, the company will be hard-pressed to...

  • United States Jul 14, 2016

    Average US Mortgage Rates Still at Historic Lows

    Long-term U.S. mortgage rates moved little this week, remaining near historically low levels in the wake of financial disarray in Europe. Mortgage giant Freddie Mac said Thursday the average for the benchmark 30-year fixed-rate mortgage ticked up to 3.42 percent from 3.41 percent last week, staying close to its all-time low of 3.31 percent in November 2012. The average rate...

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