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The U.S. government is on course for an unprecedented borrowing binge in coming months, a development that could constrain President-elect Barack Obam...
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SELMA, Alabama (Reuters) - If Democratic candidate Barack Obama wins Tuesday's presidential election, he will owe a debt to this Alabama town whe...
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GMCA said it plans to refinance its debt and is in discussions with federal regulators
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WASHINGTON (Reuters) - The long road to U.S. financial oversight reform began to take shape on Tuesday at a congressional hearing where many lawmakers...
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The Treasury said it is considering other options to handle the financing needs for the biggest government bailout in history
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WASHINGTON (Reuters) - U.S. lawmakers on Sunday were set to sign off on a deal to create a $700 billion government fund to buy bad debt from ailing ba...
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WASHINGTON (Reuters) - U.S. lawmakers on Sunday were set to sign off on a deal to create a $700 billion fund to buy bad debt from ailing banks in a bi...
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By Matthew Bigg
ATLANTA (Reuters) - Resentment is growing on both sides of the U.S. political divide over a plan to use $700 billion of taxpayer m...
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WASHINGTON (Reuters) - The Bush administration and Congress haggled over the details of a $700 billion Wall Street bailout plan on Monday as U.S. stoc...
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WASHINGTON (Reuters) - The government's $700 billion proposal to buy bad debts from financial firms needs tougher oversight and taxpayers' i...