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Dec 21 2023
News
US To Sell $75 Bln In Reopened 3-Month Bills Tue
WASHINGTON (Dow Jones)--The U.S. Treasury plans to auction $75 billion in reopened 3-month bills Tuesday. The debt will settle on Dec. 28, 2023 and will mature March 28, 2024. The debt is a reopening of an issue first sold on Sept. 28, 2023. The Federal Reserve holds $11.842 billion of maturing securities for its own account. Amounts bid by the Federal Reserve banks for their own account will
MarketWatch![](https://www.allsides.com/sites/default/files/bias-center.png)
Dec 21 2023
News
US To Sell $70 Bln In Reopened 42-Day Bills Wed
WASHINGTON (Dow Jones)--The U.S. Treasury plans to auction $70 billion in reopened 42-day bills Wednesday. The debt will settle on Dec. 28, 2023 and will mature Feb. 08, 2024. The debt is a reopening of an issue first sold on Aug. 10, 2023. The Federal Reserve holds $11.842 billion of maturing securities for its own account. Amounts bid by the Federal Reserve banks for their own account will
MarketWatch![](https://www.allsides.com/sites/default/files/bias-center.png)
Aug 02 2023
News
Fitch highlighted Jan. 6 insurrection in talks with Treasury ahead of US downgrade
Fitch downgraded the U.S. credit rating due to fiscal concerns, a deterioration in U.S governance, as well as political polarization reflected partly by the Jan. 6 insurrection, Richard Francis, a senior director at Fitch Ratings, told Reuters on Wednesday.
In a move that took investors by surprise, Fitch downgraded the United States to AA+ from AAA on Tuesday, citing fiscal
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May 03 2023
News
US Fed hikes interest rates by 25bps, signals a pause
In face of recent bank failures & debt cap negotiations, US Fed said it will study economy, inflation in coming weeks. The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point and signaled it may pause further increases, giving officials time to assess the fallout from recent bank failures, wait on the resolution of a political standoff over the United
Al Jazeera![](https://www.allsides.com/sites/default/files/bias-leaning-left.png)
Jan 23 2024
News
Newly-released mortgage fraud trial evidence includes IRS delinquency notices for Nick and Marilyn Mosby
BALTIMORE -- Trial evidence released to the public Tuesday shows several of the delinquency notices the IRS sent to Marilyn Mosby and her husband at the time, Baltimore City Council President Nick Mosby. They owed thousands of dollars in back taxes, yet Marilyn Mosby never mentioned it when she filled out mortgage applications for two Florida vacation homes. That lead, in part, to the mortgage
CBS News (Online)![](https://www.allsides.com/sites/default/files/bias-leaning-left.png)
Jan 08 2024
News
Congressional leaders reach deal on spending ahead of looming government shutdown deadline
Congressional leaders announced Sunday an agreement on topline annual spending levels of $1.59 trillion, a critical step to avoid a government shutdown that keeps in line with a previous bipartisan budget agreement struck last year to raise the nation’s debt limit.
The fiscal year 2024 deal, which would run through September, follows statutory spending levels laid out in last year’s
Washington Times![](https://www.allsides.com/sites/default/files/bias-leaning-right.png)
Jan 19 2024
News
Sports Illustrated Lays Off Most of Its Staff After AI Scandal, Money Troubles
Sports Illustrated laid off most of its employees on Friday, leaving the iconic magazine with few remaining staff.
The magazine's owner, Authentic Brands Group, officially revoked the license that allowed the Arena Group to operate the Sports Illustrated brand, according to an email sent to staff. ABG has owned the magazine since 2019 and sold the publishing rights to Arena Group, which
The Messenger![](https://www.allsides.com/sites/default/files/bias-center.png)
Dec 07 2023
News
Education Department unveils nearly $5 billion in student loan relief
The Biden administration announced it will cancel another nearly $5 billion in student loan debt on Wednesday, affecting those under the income-driven repayment forgiveness and Public Service Loan Forgiveness programs.
The new cancellations, which were made by the Education Department, are expected to help approximately 80,300 borrowers and bring the total amount of student debt relief
Washington Examiner![](https://www.allsides.com/sites/default/files/bias-leaning-right.png)
Jun 14 2023
News
Kevin McCarthy OKs $130 billion spending cut, portending potential government shutdown
House Speaker Kevin McCarthy has agreed to push for a $130 billion spending cut in the upcoming government funding battle in contravention of the debt limit deal struck with President Biden last month.
Mr. McCarthy consented to the cut to quell a revolt by 11 hard-line conservative lawmakers that paralyzed the House of Representatives. Upset with the speaker using Democratic votes to
Washington Times![](https://www.allsides.com/sites/default/files/bias-leaning-right.png)
Jan 22 2024
News
Marilyn Mosby case: Attorneys preview evidence in former Baltimore state’s attorney’s mortgage fraud trial
BALTIMORE — In 2020, around the time she was completing a mortgage application for a vacation house in Florida, Baltimore State’s Attorney Marilyn Mosby did something she hadn’t done for years: She filed a tax return separate from her husband, prosecutors said. When the Internal Revenue Service processed Mosby’s return, the federal agency notified her that it was taking the money she was due
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