U.S. Treasury Department

The U.S. Treasury Department is offering up its remaining Citigroup shares, a move that marks the end of one of the federal government's largest bank bailouts. But the Treasury says it will hold out for an "acceptable price" for the 2.4 billion shares.

The U.S. Treasury Department will issue the second-largest quantity of debt ever for the fourth quarter of this calendar year. However, the quality is less than previously forecast because of a higher-than-expected government cash balance.

The federal deficit will amount to the equivalent of approximately 10% of U.S. gross domestic product for the fiscal year, which ended Sept. 30, according to a Treasury official. That's about the same percentage as the previous fiscal year.

American International Group's board of directors is expected to vote Wednesday on a plan to exit the government's bailout program, according to comments made by AIG Chairman Steve Miller during an investment conference.

The financial crisis was produced by a complex set of circumstances, including a massive housing bubble, poor regulation and irresponsible lending on an epic scale. A handful of bankers became the public faces of the crisis, and now, two years later, we take a look at what became of them.

U.S. government budget receipts continue to reflect the contraction effects of the nation's worst recession in more than 25 years. The federal budget deficit increased slightly in May to $189.7 billion as receipts fell while outlays increased for the bailouts and the stimulus program, the U.S....

The numbers are big enough to get the attention of even the most experienced New York Stock Exchange trading specialist or jaded Washington public policy lobbyist: a $192.3 billion federal budget deficit for March and a nearly $1 trillion deficit . . . for just the first six months of fiscal...

The telling stat in the U.S. Treasury Department's February budget report? U.S. government tax receipts, which plummeted 17 percent to a 14-year low of $87.3 billion. Outlays were flat at $280.1 billion, which created a $192.8 billion budget deficit in February. The February total is the second...

High school students are always looking for college scholarships to apply for, but a $1,000 scholarship sponsored by the U.S. Department of the Treasury and the Charles Schwab Foundation looks like it should be required math for anyone wondering how the economy works. It's kind of like the TV show...