| Nov 11, 2013
| 10:02 PM
The United States is sending an aircraft carrier to the Philippines to help speed up relief efforts after a typhoon killed an estimated 10,000 people, with fears the toll could rise sharply as rescuers reach more devastated towns.
The USS George...
| Nov 12, 2013
| 3:40 AM
WASHINGTON -- President Obama on Tuesday will nominate the Treasury Department official in charge of the $800-billion financial bailout fund to be the next chairman of the Commodity Futures Trading Commission, which oversees the complex derivatives...
| Dec 9, 2013
| 8:29 PM
WASHINGTON — The federal government closed the books on the taxpayer bailout of General Motors Co., selling the remaining shares in the nation's largest automaker and taking an expected $10.5-billion loss.
The Treasury Department said Monday...
| Dec 10, 2013
| 4:20 PM
WASHINGTON -- The Senate voted 57-41 on Tuesday to confirm Rep. Mel Watt to head the agency overseeing Fannie Mae and Freddie Mac, ending a long battle by President Obama to install a regulator open to more aggressive action to help struggling homeowners....
| Sep 27, 2013
| 9:51 AM
WASHINGTON -- The Federal Housing Administration, whose role in the real estate market expanded dramatically in recent years, on Friday said it would need approximately $1.7 billion to stabilize its long-term finances.
It marks the first time the 79-...
| Sep 27, 2013
| 8:25 PM
DETROIT (AP) — Obama administration officials said Friday that they are sending someone to Detroit to oversee a federal effort that includes millions of dollars in grants to help fix the beleaguered city.
Officials said Don Graves will...
| Sep 30, 2013
| 6:30 AM
PARIS -- The latest, and 20th, European "summit" meeting, held last week in Brussels, was symbolically a defeat for Germany's Angela Merkel, who agreed that Europe's permanent bailout fund could directly recapitalize certain troubled euro-zone banks after...
| Oct 1, 2013
| 2:30 PM
JEFFERSON COUNTY, Colo. -- The federal government shutdown on Tuesday has left Colorado officials scrambling to keep emergency relief and recovery operations continuing in the wake of last month's massive flooding.
Gov. John Hickenlooper announced...
| Jul 25, 2013
| 4:32 PM
How much are U.S. taxpayers still on the hook for GM's bailout? The Detroit News reports that if the Treasury sold its remaining stake ??? 189 million shares, or about 14% of the Detroit automaker ??? at Wednesday's $36.61 stock......
| Aug 4, 2013
| 7:27 PM
CENTRAL CITY — Safety can be costly. But Central City residents will soon be safer thanks to their fire department and a $17,000 grant.
"We just realized how much better things are going to be," Central City fire Chief Dale Russian said.
| Apr 2, 2013
| 7:31 AM
WASHINGTON -- Bailed-out Fannie Mae on Tuesday reported a record $17.2 billion profit for 2012, driven by the housing-market recovery and a big settlement with Bank of America related to soured mortgages during the subprime boom.
The housing finance...
| Aug 19, 2013
| 8:53 AM
WASHINGTON -- Resurgent bailout recipients Fannie Mae and Freddie Mac have been avoiding billions of dollars in potential long-term losses by delaying the use of new accounting measures that would require them to write off more delinquent mortgages, a...