Home / Tag Archives: Treasury

Tag Archives: Treasury

According to Treasury and SBA, large banks have temporarily closed the help portal for small businesses

Secretary of the Treasury Donald Trump (left) listens to Steven Mnuchin, Secretary of the Treasury, speak during a Coronavirus Task Force press conference at the White House in Washington, DC, on Thursday, April 2, 2020. Kevin Dietsch | UPI | Bloomberg via Getty Images The Treasury and Small Business Administration announced on Wednesday that they will temporarily block large banks …

Read More »

US airlines, Treasury, agree billions in aid

A JetBlue Airways Corp. aircraft taxi next to the American Airlines Group Inc., Delta Air Lines Inc. and Alaska Airlines Inc. aircraft at Reagan National Airport (DCA) in Arlington, Virginia, the United States, on Monday April 6, 2020. Andrew Harrer | Bloomberg | Getty Images Several U.S. airlines announced on Tuesday that they had signed billions in government grants with …

Read More »

The Treasury Department’s Mnuchin is targeting an additional $ 250 billion to replenish the coronavirus program for small businesses

The Small Business Administration initiative, known as the Paycheck Protection Program, was launched under the $ 2 trillion coronavirus rescue law passed late last month. It started on Friday and enables companies with fewer than 500 employees to apply for bank loans to offset the recent disruption to the coronavirus pandemic. Since the start of the program, banks and the …

Read More »

The US Treasury Department wants to change the way your mortgage is funded

The US Treasury Department released a mortgage finance reform plan Thursday designed to protect American taxpayers from future bailouts These are the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) , According to the Ministry of Finance, the new reforms will preserve the 30-year fixed mortgage and "help hard-working Americans achieve their goals." …

Read More »

Shares move between low-yielding Treasury and retail strength

Equities staggered on Thursday as the 10-year Treasury yield fell to a three-year low, a potential harbinger of a recession, and stocks of major retailers rose as government bonds fell below the psychologically significant level due to robust spending by American consumers 1.5 percent fell as Wall Street investors poured money out of stocks into the security of US debt. …

Read More »

30-year US Treasury yield falls below 2% for the first time

Traders work on the New York Stock Exchange on the floor. Brendan McDermid | Reuters The 30-year government bond yield fell to a record low on Thursday morning, breaking 2% for the first time, according to Reuters. That was only one day after the 30-year government bond reached a record low on Wednesday, taking into account market fears over the …

Read More »

Chart of the Day: A further decline in Treasury yields could be imminent

If falling yields have shaken the markets so far, stick to your hat. The trading pattern on the benchmark treasury note as well as the intermarket analysis indicate that there is another section ahead of us. In a healthy market where sustainable progress is anticipated, traders invest in stocks as companies increase their profits. When all things are the same, …

Read More »

Astronomers discover the ancient treasury of massive galaxies

The galaxies are invisible to Hubble (left) and not to ALMA (right). Image: Wang et al (Nature (2019)) Astronomers have discovered in the distance an enigmatic population of giant galaxies that will be a key target for future telescopes. Today, astronomers are struggling to explain the origin of the largest galaxies in the nearby universe. This new discovery, made with …

Read More »