NPR expects to make a profit this year, a surprising state of affairs for a nonprofit. But with the national debate raging about whether the federal government should stop funding public broadcasting, could NPR find itself a vi…
The deficit grew to a higher-than-expected $150.4 billion in November as government spending increased for the month. But November brought some bright spots as well: Federal revenue also grew at a higher rate in November, which…
The U.S. Treasury Department is offering up its remaining Citigroup shares, a move that marks the end of one of the federal government’s largest bank bailouts. But the Treasury says it will hold out for an “acceptable price” fo…
The U.S. Treasury Department is offering up its remaining Citigroup shares, a move that marks the end of one of the federal government’s largest bank bailouts. But the Treasury says it will hold out for an “acceptable price” fo…
After initially voting for the QE2 plan, Federal Reserve Governor Kevin Warsh said in a speech Monday that the government’s decision to buy $600 million worth of bonds to spur the economy is a bad idea.
Continu…