treasury

U.S. Budget Deficit Hits $193.5 Billion

The U.S. government is running a deficit that is 23.6 percent lower than in the same period a year ago through the first five months of this budget year.

Treasury Sells Last of GM Shares

The U.S. government sells its last shares of automaker General Motors, marking an end to a historic bailout of one of America's most storied companies.

Where Are Treasurys Heading? Just Watch Gold

The spot gold price may have baffled investors since its move south last December, but analysts at Citi now see the precious metal being a leading indicator of U.S. Treasurys.

Treasury Cuts Stake in GM to 7.3%

Treasury has sold another block of shares in General Motors, reducing its stake to 7.3 percent as it moves toward exiting its holdings in the automaker by the end of March.

Obama: Decision by Fall on Next Fed Chief

Obama says he's still considering a range of candidates to be the next chairman of the Federal Reserve and whoever he chooses will need to focus on reducing unemployment.