May 17, 2016
4-week bills , May 17 ; 3-month, 6-month bills , May 16; 1-year bills , May 24; 2-year notes , May 24; 3-year notes , June 7 ; 5-year notes , May 25; 7-year notes , May 26; 10-year notes , June 8; 30-year notes , May 12; 5-year TIPS , Aug. 18; 10-year TIPS , May 19; 30-year TIPS , Jun. 23. Business Referral Luncheon Presented by BNI, King of Prussia chapter. Peppers Italian Restaurant, 236 Town Center Rd., King of Prussia; 610-792-2105. Reservations required. 11:30 a.m.-1 p.m. Networking Meeting Presented by BNI, Fort Washington chapter.
May 10, 2016
4-week bills , May 10 ; 3-month, 6-month bills , May 9; 1-year bills , May 24; 2-year notes , May 24; 3-year notes , May 10 ; 5-year notes , May 25; 7-year notes , May 26; 10-year notes , May 11; 30-year notes , May 12; 10-year TIPS , May 19; 30-year TIPS , Jun. 23. Business Referral Luncheon Presented by BNI, King of Prussia chapter. Peppers Italian Restaurant, 236 Town Center Rd., King of Prussia; 610-792-2105. Reservations required. 11:30 a.m.-1 p.m. Networking Meeting Presented by BNI, Fort Washington chapter.
March 5, 2016 |
The Pennsylvania Treasury Department will feature a Shark Tank record-setter at its inaugural Small Business Initiative (SBI) event on March 11 at Drexel University's Bennett S. LeBow College of Business. Gregory Coleman, cofounder and COO of Nexercise Inc., the Rockville, Md.-based fitness company whose latest product is the Sworkit app, will be the keynote speaker at the half-day SBI workshop series. On a February episode of Shark Tank , Coleman and Nexercise partner Ben Young scored the show's largest deal for a tech product - $1.5 million from investor Mark Cuban.
October 16, 2013 |
UNLESS YOU'RE a veteran of the War of 1812 - and U.S. life expectancy hasn't risen that much - then you don't know what it's like when America doesn't have the ability to pay its debts. And, hopefully, you'll never find out. Democrats and Republicans in the Senate were said to be hammering out a deal last night that would not only reopen the federal government, but also raise the so-called debt ceiling to America's bill-payers to save us from default. But default is still a very real possibility.
July 3, 2013 |
WASHINGTON - The federal government said Monday that it has received $66.3 billion in dividend payments from Fannie Mae and Freddie Mac after both reported stronger earnings at the start of the year. Fannie Mae has paid $59.4 billion to the U.S. Treasury and Freddie Mac has paid $7 billion. The payments reflect a housing recovery that has made the mortgage giants profitable again. They are also helping to lower their year's federal deficit. The government rescued Fannie and Freddie during the 2008 financial crisis after both incurred massive losses on risky mortgages.
May 24, 2013 |
WASHINGTON - Dismissing a veto threat from President Obama, lawmakers in the House passed legislation that links student loan rates to the ups and downs of the financial markets in a vote largely along party lines. The Republican-backed bill would allow students to dodge a scheduled rate hike for students with new subsidized Stafford loans next month, but rates could rise in coming years. Democrats largely opposed the measure - which they branded the "Making College More Expensive Act" - while the Republican chairman of the Education Committee labeled the legislation a starting point for negotiations with the Senate and White House.
February 28, 2013 |
WASHINGTON - The Senate Finance Committee on Tuesday approved President Obama's choice of Jacob Lew to be Treasury secretary and sent the nomination to the full Senate. Lew would succeed Timothy Geithner, who completed a tumultuous four-year term in which he helped lead the administration's response to the financial crisis and recession. The committee approved Lew's nomination, 19-5. The timing of a Senate vote is unclear. During a three-hour confirmation hearing Feb. 13, the sharpest questions came from Republicans who pressed Lew about his tenure at Citigroup, where he was a top executive from 2006 until early 2009, a period covering the height of the financial crisis.
February 15, 2013 |
WASHINGTON - Jack Lew, the nominee for Treasury secretary, said he was not aware that a personal investment involved a fund in the Cayman Islands and said he lost money when he sold the holding. Lew, selected by President Obama last month to succeed Timothy Geithner, responded to senators' questions about the investment and his work at Citigroup Inc. as he testified at his confirmation hearing before the Senate Finance Committee on Wednesday. Committee Chairman Max Baucus (D, Mont.)
February 14, 2013 |
Holding signs reading "No Garden? No Fresh Food," "Where Will We Go?", and several that read, "Save the Camden Children's Garden," more than 100 people rallied Tuesday to muster support in the waterfront garden's fight against a March 31 eviction notice from the state. The protesters had planned to march from the garden to City Hall, but were spared that trip. Mayor Dana L. Redd and several City Council members went to the rally to add support. The garden, Redd and others said, must stay where it is. "We have our challenges," Redd said, listing education, public safety, and others.