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Eaton Vance Management and Invesco PowerShares on Tuesday announced new investment products offering exposure to the government's Build America Bonds stimulus program, which seeks to spur construction and repair projects by state and local governments.
Holders of lost savings bonds dating back to World War II say its not nearly as easy to track down the lost money as the U.S. Treasury Department claims in an ongoing lawsuit.
The city plans to hold its first bond sale in two years next month though the outcome of three high-stakes meetings with rating agencies could push it back again.
Georgia has secured historic low interest rates on the sale of new state bonds.
A politically connected financial firm and two of its executives were indicted Thursday for what prosecutors say was a bid-rigging scheme in the municipal bond business.
The federal government is facing a lawsuit over billions in unclaimed bonds that date back to the patriotic fundraising efforts of World War II, leading to a showdown between states who say they should be given the money and a Treasury Department that claims ownership.
Barry Bonds handed out T-shirts, posed for pictures and romped with young patients Friday as the UCSF Medical Center opened a playroom bearing his name.
DeMarco: Verlander, Porcello figure to shut down Minnesota in series next week
Federal prosecutors urged a federal appellate court to reverse a trial judge and let them present critical evidence they say shows Barry Bonds knowingly used steroids.
Beijing will sell some $876 million of government bonds denominated in the mainland's yuan for the first time in Hong Kong this month, the Finance Ministry said Tuesday, in a move to expand the international use of its tightly controlled currency.
There's a lot of interest in rates this week. The Answer Desk, by John W. Schoen.
Trucking and marine freight services company Trailer Bridge Inc. said Tuesday it has repurchased $1 million of its 9.25 percent senior secured notes maturing on Nov. 15, 2011, at $0.905 cents on the dollar.
New Orleans got more than $1 billion for tax-free bonds to help spur development after Hurricane Katrina, but it's finding few takers amid a tight credit market and lingering jitters about investing here nearly four years after the storm.
Investment banks would be required to disclose contributions they make to municipal bond ballot drives under a proposal to be announced Monday by an industry regulator.
Federal prosecutors urged an appeals court to let them present evidence they say shows Barry Bonds knowingly used steroids, arguing Monday it was mistakenly thrown out by a trial court judge on the eve of his perjury trial earlier this year.
Facing objections from the Obama administration, the Federal Deposit Insurance Corp. has delayed a plan to stretch the term of the government guarantee for bonds issued by banks that are backed by mortgages and other collateral.
The new way for banks to flex their muscles? Selling bonds without the U.S. government backing them.
Barry Bonds received a warm welcome from San Francisco Giants fans in his first appearance at AT&T Park this season.
Standard & Poor's Ratings Services has boosted its bond rating for the city of New Orleans to investment grade, significant for the city as it continues recovering from Hurricane Katrina.
Fitch Ratings upgraded its investment-grade bond rating for New Orleans Monday, saying the financial picture for the city devastated by Hurricane Katrina less than 4 years ago has stabilized.
Drugmaker Pfizer Inc. has sold $13.5 billion worth of bonds to replace short-term loans covering about one-third of the cost of its planned acquisition of rival Wyeth.
Barry Bonds is open to making a comeback. Whether any team wants him, that's the tricky part.
The perjury trial of Barry Bonds has been delayed at least through July and likely beyond, as an appeal filed by prosecutors over key evidence for the trial winds through the legal system.
Barry Bonds' personal trainer is likely to tell a federal judge on Friday that he has no plans to testify at the home run king's trial on charges he when he told a grand jury he didn't knowingly using performance-enhancing drugs.
$4.8 trillion - Interest on U.S. debtHere's a new way to think about the U.S. government's epic borrowing: More than half of the $9 trillion in debt that Uncle Sam is expected to build up over the next decade will be interest.
A Stimulus Success: Build America Bonds Are WorkingWhen Congress wrote the Build America Bond program into February's $787 billion economic-stimulus bill, many predicted a flop.
Part 1: "To Borrow Money on the Credit of the United States" I look at what is happening in this country, look at what our elected officials are doing to us, and it frightens me.
Water funds by the bucket - California Politics | Sacramento BeeGov. Arnold Schwarzenegger on Friday began signing bills in the just-passed five-bill water package. He is expected to sign the centerpiece, an $11.14 billion general obligation bond scheduled to go before voters on Nov. 2, 2010, early next week.
Lawmakers pass water package after removing Sacramento project - Sacramento Politics - California Politics | Sacramento BeeLawmakers approved a momentous overhaul of California's ailing water system early this morning, but approval came only after Senate President Pro Tem Darrell Steinberg agreed to strip a $10 million earmark for a Sacramento project he personally has championed.
Wall Street's Naked SwindleOn Tuesday, March 11th, 2008, somebody — nobody knows who — made one of the craziest bets Wall Street has ever seen.
Investors walk away from California bond sales, foreshadow what the nation will face!California suffered a painful snub by investors Thursday as the state's attempt to sell $4.5 billion in general obligation bonds failed to attract enough demand to raise the full amount.
Apparently building the small business base is not a good idea if the 2009 budget is any indication. There are some who will say that the excuse is that this was put together in 2008.
After Lehman, U.S. firms adjust to new face of creditA year after the collapse of investment bank Lehman Brothers, frozen credit markets are piecing themselves together again but the face of borrowing is dramatically different.
That's right, folks! Not only CAN it be possible...It's the ONLY LOGICAL WAY to go about doing it! Everything else failed, and the really stupid part...We are letting Our Congress try Hyperinflating again, to reduce debt.
Credit Card Losses Will Stay HighThe Google search box might be a good indicator. Have you taken the type to type "not paying" in that little box? Notice the first suggestion is credit cards. Even Google understands people are not paying credit card debt. Some simply cannot.
Take out the key terms that are used to keep us fighting - Left, Right, Repub, Demo, and see a non-partisan breakdown of what's happened over the past 10 years to sell the US to a foreign power - even if you don't understand high finance or government processes - read the bullet …
Dismantling the Temple :How to fix the Federal ReserveDuring the past year, the Fed has flooded the streets with money--distributing trillions of dollars to banks, financial markets and commercial interests--in an attempt to revive the credit system and get the economy growing again.
Return Of The Tax Shelter President"Obama's inauguration speech triggered "one of the greatest munie-bond rallies in history." Municipal bonds (munies) are rising in value as the threat of additional taxation looms."
California's Bond Credit Rating Slashed to "BBB" by Moody'sCalifornia's credit rating, the lowest of all U.S. states, was cut for the second time in as many weeks amid lawmakers' failure to close a $26 billion deficit that left the most-populous state issuing IOUs to creditors.
Are California's Municipal Bonds Still Safe To Buy? Insight on California's crisis, with CNBC's Jane Wells; Steve Moore, WSJ; and CNBC's Larry Kudlow. (Video)
Bid for bonds via ATMs INVESTORS will be able to apply for Singapore Government Securities (SGS) - debt instruments in the form of either Treasury bills (T-bills) or bonds - by using ATM machines from tomorrow.
Is this the death of the dollar? Border guards in Chiasso see plenty of smugglers and plenty of false-bottomed suitcases, but no one in the town, which straddles the Italian-Swiss frontier, had ever seen anything like this.
Mafia Blamed for $134bn Fake Treasury Bills$134 billion in U.S. Treasury bills found in a suitcase are "most probably counterfeit, the latest handiwork of the Italian Mafia."
Treasury to Auction $104 Billion In Debt Next Week, a RecordThe Treasury announced Thursday a record $104 billion worth of bond auctions for next week, part of its herculean efforts to finance a rescue of the world's largest economy.
Suitcase With $134 Billion Puts Dollar on EdgeTwo Japanese men are detained in Italy after allegedly attempting to take $134 billion worth of U.S. bonds over the border into Switzerland. Details are maddeningly sketchy, so naturally the global rumor mill is kicking into high gear.
Strange Inconsistencies in the $134.5 Billion Bearer Bond Mystery -- Seeking AlphaOn March 30, 2009, the US Treasury Department announced that $134.5 billion remained in its Troubled Asset Relief Program [TARP].
80 billion customs haul to pay off Italys debtItaly may be able to pay off half its national debt this year after two men believed to be Japanese were caught trying to take 81 billion pounds worth of US bonds into Switzerland.
Customs Finds $134 Billion in a SuitcaseIt is either the biggest smuggling operation in history -- or a fraud of equally impressive proportions. Italian customs officials stopped two men at the Swiss border carrying bonds worth $134 billion (95.8 billion euros).
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