United States

Tuesday, October 26th 2010 - 04:32 UTC
US Treasury bonds fetch negative yield ahead of Fed’s actions to prop inflation

US Treasury Department sold securities that fetched a negative yield for the first time, implying investors are willing to pay the government to own its debt. This is a milestone in the current rock-bottom interest rate environment, as the Federal Reserve is widely expected next week to announce it will buy more Treasuries to jump-start a sluggish economy.
Monday, October 25th 2010 - 02:55 UTC
US says China is “committed” to allow the Yuan to appreciate

United States Treasury Secretary Timothy Geithner has said he believes China is now “committed” to allowing the Yuan to go up in value. Mr Geithner made the comment in a TV interview before he held talks with China's Vice-Premier, Wang Qishan.
Monday, October 25th 2010 - 02:45 UTC
California voters support undocumented immigrants as “advantageous”

California voters have an overall positive opinion about immigrants and support those undocumented aliens who have been working in the state for years should be able to remain and go on with their lives.
Friday, October 22nd 2010 - 03:07 UTC
Geithner promises Brazil it won’t allow the US dollar to weaken

US Treasury Secretary Timothy Geithner told Brazil’s Finance Minister Guido Mantega that the Obama administration won’t allow the US dollar to weaken, Mantega said.
Thursday, October 21st 2010 - 08:37 UTC
Prime farmland in Argentina costs almost as much as in United States

Prices for the best farmland in Argentina’s breadbasket, the humid Pampa have risen on average 10% this year according to registered operations reports. This means the hectare of prime agriculture land in Argentina now costs almost the same as the average price of farmland in the state of Illinois, 14.000 US dollars.
Wednesday, October 20th 2010 - 03:06 UTC
US Treasury launches fourth sale of Citigroup common stock

The US Treasury Department said it has launched a fourth sale of 1.5 billion shares of Citigroup Inc common stock under a prearranged trading plan.
Wednesday, October 20th 2010 - 01:02 UTC
Geithner vows not to devalue the dollar for export advantage

Treasury Secretary Timothy Geithner vowed that the United States would not devalue the dollar for export advantage, saying no country could weaken its currency to gain economic health.
Wednesday, October 20th 2010 - 00:57 UTC
World Bank warns the US about consequences of dollar liquidity

Surging capital inflows threaten Asia's economic stability, the World Bank warned after Treasury Secretary Timothy Geithner sought to draw the venom from a global row over currencies by vowing not to devalue the dollar.
Saturday, October 16th 2010 - 00:06 UTC
US Federal Reserve prepared to buy more US government bonds

US Federal Reserve Chairman Ben Bernanke has opened the way to a new round of quantitative easing. “There would appear, all else being equal, to be a case for further action,” he said, in a speech to the Boston regional Federal Reserve, Friday.
Thursday, October 14th 2010 - 05:58 UTC
President Obama and Democrats ratings fall ahead of November midterm election

United States President Barack Obama's approval rating fell to a new low of 43% since he took office, down from 47% last month, according to a Reuters-Ipsos national poll. Ipsos pollsters say it appears that much of that drop comes from Democrats whose approval of Obama fell to 70% from 78% last month.