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2.7%  Q1 GDP    4.57%  avg. 30-year mortgage     9.5%  Unemployment

Economy Watch Archive: Treasury

Top government officials stop work to watch U.S. win World Cup match

It wasn't just your office that came to a standstill during the gripping final moments of the dramatic 1-0 U.S. World Cup victory over Algeria this afternoon. The people who run your government and its economy were watching, too, according...

By Frank Ahrens  |  June 23, 2010; 4:47 PM ET  |  Permalink  |  Comments (0)
Categories:  Congress , Treasury  
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Existing-home sales rise amid market sell-off

March sales of existing homes surged 6.8 percent to an annual rate of 5.35 million units, beating expectations as buyers rushed to take advantage of the home-buyer credit that expires at the end of this month. Existing home sales are...

By Frank Ahrens  |  April 22, 2010; 10:28 AM ET  |  Permalink  |  Comments (22)
Categories:  Data , Treasury  
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Lael Brainard confirmed at Treasury after several months' delay

Image via WikipediaThe Senate approved Lael Brainard today as undersecretary for international affairs following several months' delay. Brainard's nomination was held up by Republican concerns over allegations that she failed to pay property taxes on time. (What is it with...

By Frank Ahrens  |  April 20, 2010; 4:28 PM ET  |  Permalink  |  Comments (2)
Categories:  Congress , The Ticker , Treasury  | Tags: Climate change, Economic, Lael Brainard, Senate, Under Secretary of the Treasury for International Affairs, United States, United States Secretary of the Treasury, White House  
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Stocks up at opening following consumer spending news

Stocks are up following a government report this morning that consumer spending inched up in February. In the first 20 minutes of trading, the Dow is up half of 1 percent. The broader S&P 500 is a little more than...

By Frank Ahrens  |  March 29, 2010; 9:48 AM ET  |  Permalink  |  Comments (0)
Categories:  Treasury  | Tags: Dow Jones, nasdaq, s&p 500  
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Report: New York Fed told bailed-out AIG to hush payments to banks

This is a story that could have some legs: Bloomberg is reporting that the New York Fed told AIG not to publicly disclose payments it was making -- with taxpayer money -- to other banks. This came during the depths...

By Frank Ahrens  |  January 7, 2010; 1:07 PM ET  |  Permalink  |  Comments (0)
Categories:  Bailout , Corporations , Fed Reserve , The Ticker , Treasury , Wall Street  | Tags: AIG, Bloomberg, Darrell Issa, Goldman Sachs, Tim Geithner  
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