
$4.8 trillion - Interest on U.S. debt
NEW YORK (CNNMoney.com) -- Here's a new way to think about the U.S. government's epic borrowing: More than half of the $9 trillion in debt that Uncle Sam is expected to build up over the next decade will be interest. Read articleGeithner confident China will let yuan rise
WASHINGTON (AFP) – US Treasury Secretary Timothy Geithner said Thursday he was confident China would allow its tightly controlled currency to be more flexible and reflect market expectations. Read articleBernanke Clout to Be Tested in House Vote on Audits
Nov. 19 (Bloomberg) -- The House Financial Services Committee is considering today how much to expand audits of the U.S. central bank in a test of Federal Reserve Chairman Ben S. Bernanke’s clout among lawmakers. Read articleU.S. recovery seen subdued, jobless rate high: OECD
WASHINGTON (Reuters) – The U.S. economic recovery will be weaker than after previous deep recessions, and the high jobless rate will decline only slowly, the OECD said on Thursday. Read articleStocks Plunge as Treasury Three-Month Bill Yields Turn Negative
Nov. 19 (Bloomberg) -- U.S. stocks extended a global drop as concern grew that the rally has outpaced the prospects for economic growth. The yen and the dollar strengthened, oil tumbled and yields on Treasury three-month bills turned negative for the first time since financial markets froze last year. Read articleUS gold ends higher on strong investor sentiment
NEW YORK, Nov 19 (Reuters) - U.S. gold futures ended a shade higher on Thursday, rebounding from losses early in the session as strong demand by investment funds more than offset a higher dollar and risk-aversion. Read article ![]() |
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