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  • The Treasury Department auctioned $24 billion in three-month bills at a discount rate of 0.095 percent, up from 0.050 percent last week. Another $24 billion in six-month bills was auctioned at a discount rate of 0.270 percent, up from 0.200 percent last week. For a $10,000 bill, the three-month price was $9,997.60, while a six-month bill sold for $9,986.35.

  • US targets Swiss bodega for ties to Colombian rebels Thursday, 27 Aug 2015 | 11:40 AM ET

    BOGOTA, Colombia— The U.S. Treasury Department is levying financial sanctions on four Colombians accused of laundering money for leftist rebels through a speciality grocer and money transfer shop in Switzerland. The four individuals targeted Thursday as foreign narcotics kingpins ran a Zurich- based bodega called the Colombiano Latin Shop that...

  • Aug 26- Presidential candidate Donald Trump on Wednesday said he thought it was "worth the fight" for congressional Republicans to threaten not to raise the U.S. debt limit as a way to pressure the Obama administration to agree to spending cuts. The Treasury Department has said the federal government can stay under its borrowing limit until at least the end of...

  • Rates drop at weekly US Treasury bill auction Monday, 24 Aug 2015 | 6:19 PM ET

    The Treasury Department auctioned $24 billion in three-month bills at a discount rate of 0.050 percent, down from 0.105 percent last week. Another $24 billion in six-month bills was auctioned at a discount rate of 0.200 percent, down from 0.245 percent last week. For a $10,000 bill, the three-month price was $9,998.72, while a six-month bill sold for $9,989.89.

  • MEXICO CITY— The Mexican Treasury Department on Thursday lowered its economic growth forecast for 2015 to between 2 percent and 2.8 percent. Treasury Deputy Secretary Fernando Aportela said the economy was limited in the second quarter by disappointing industrial activity in the United States, which accounts for 80 percent of Mexico's international...

  • Treasuries climbed in June to their highest level in 16 months, data from the U.S. Treasury Department showed on Monday, as worries about Greece and Chinese equities prompted a flight to safe havens. Treasuries totaled $69.8 billion in June, the largest since February 2014, when inflows hit $90.5 billion. As Greece struggled, China was in its own tailspin, courtesy...

  • WASHINGTON, Aug 17- The U.S. Internal Revenue Service said Monday a hacking attack into one of its computer databases revealed in May was much more extensive than previously thought, with nearly three times as many taxpayers hit by data theft. The IRS said in late May the tax return information of about 114,000 U.S. taxpayers had been illegally accessed by cyber...

  • WASHINGTON, Aug 12- The United States posted a budget deficit of $149.2 billion in July, up 58 percent from the same period last year, the U.S. Treasury Department said on Wednesday. Analysts polled by Reuters had expected a $132 billion deficit for July. Receipts last month totaled $225.5 billion, a 5 percent increase from July 2014, while outlays stood at $374.7...

  • U.S. budget deficit widens to $149.2 billion in July Wednesday, 12 Aug 2015 | 2:00 PM ET

    WASHINGTON, Aug 12- The United States posted a budget deficit of $149.2 billion in July, up 58 percent from the same period last year, the U.S. Treasury Department said on Wednesday. Analysts polled by Reuters had expected a $132 billion deficit for July. Receipts last month totaled $225.5 billion, a 5 percent increase from July 2014, while outlays stood at $374.7...

  • Costly tax scams increasing: How to avoid them Friday, 7 Aug 2015 | 10:34 AM ET
    The Internal Revenue Service headquarters in Washington.

    Tax scammers have been getting more sophisticated in their schemes. Here's how to avoid them, The Fiscal Times reports.

  • WASHINGTON, Aug 3- The Obama administration on Monday placed sanctions on a dozen companies and institutions for their role in the ongoing conflict in Syria. The Treasury Department added the names of several shipping and energy companies, including Aqua Shipping and Milenyum Energy S.A. in Turkey, to a sanctions list published online. It also added to the list...

  • These states' retirees are the best prepared Thursday, 30 Jul 2015 | 2:47 PM ET
    Jackson Lake, Wyoming.

    Retirement security takes the right mix of savings, income and job prospects. Here's how the states stack up.

  • NEW YORK, July 23- All it usually takes to borrow money from your 401 are a few clicks on a website, and a check will arrive a few days later. Internal Revenue Service rules say you can borrow up to $50,000 or 50 percent of the account balance, whichever is greater. The problem is with middle-aged workers, who are the heaviest loan users, according data from the Employee...

  • Social Security disability fund could run dry soon Wednesday, 22 Jul 2015 | 6:00 PM ET
    A tray of checks is shown at the U.S. Treasury printing facility in Philadelphia in this July 18, 2011 photo.

    The 11 million people who receive Social Security disability face big benefit cuts next year, unless Congress acts.

  • NEW YORK, July 16- Foreign inflows into U.S. Treasuries in May rose to their highest level in more than a year, data from the U.S. Treasury Department showed on Thursday, as concerns about Greece and the Chinese stock market spurred a flight to safe assets. Treasuries totaled $53.4 billion in May, the largest since February 2014.

  • US would likely block China buying Micron Tuesday, 14 Jul 2015 | 3:31 PM ET
    The headquarters building of Micron Technology Inc. stands in Boise, Idaho.

    China's Tsinghua Unigroup may be making a grab for the last U.S. memory chip maker, but the Chinese bidder for Micron is unlikely to gain U.S. approval.

  • The US businesses that win on the Iran deal Tuesday, 14 Jul 2015 | 1:42 PM ET
    A view of a petrochemical complex in Assaluyeh on Iran's Persian Gulf coast.

    International energy, financial and manufacturing firms all stand to gain from lifted Iranian sanctions.

  • WASHINGTON, July 13- The United States posted a budget surplus of $51.8 billion in June, down 27 percent from the same period last year, the U.S. Treasury Department said on Monday. The government had a surplus of $70.5 billion in June 2014, according to Treasury's monthly budget statement. With the adjustment, the surplus in June 2015 would be $16 billion, or 44...

  • U.S. budget surplus shrinks to $51.8 billion in June Monday, 13 Jul 2015 | 1:59 PM ET

    WASHINGTON, July 13- The United States posted a budget surplus of $51.8 billion in June, down 27 percent from the same period last year, the U.S. Treasury Department said on Monday. Analysts polled by Reuters had expected a $51 billion surplus last month. Receipts last month totaled $342.9 billion, a 6 percent increase from June 2014, while outlays stood at $291.2...

  • WASHINGTON, July 13- The rules for the Treasury market should be reviewed, U.S. regulators said on Monday, as they released a much-anticipated first study into wild price swings on Oct. 15 in that market, an event many have blamed on overly tight regulation. The Treasury Department, the Federal Reserve Board and the Federal Reserve Bank of New York, the Securities and...