Treasuries considered to be safer

...My father told me U.S. Treasury securities are both safer...have any comments? What are Treasury securities and how are they...seems father does know best. Treasuries are considered safer than...fairly comparable to CDs. Treasury securities are basically obligations...

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US, China vow to improve cooperation despite disputes

...the world's people and a third of the global economy.His theme was largely echoed by Secretary of State John Kerry and Treasury Secretary Jack Lew, leaders of an American delegation that also included Federal Reserve chairwoman Janet Yellen and three...

Fed minutes show officials split on best way to signal when first rate increase might occur

...than four times the amount of the balance sheet when the financial crisis struck in the fall of 2008. The Fed has purchased Treasury bonds and mortgage-backed securities as a way to lower long-term interest rates to give the economy a boost.Fed officials...

Dollar value, oil deflate stocks

...stocks sliding Wednesday as the prospect of inflation and rising interest rates sank in on Wall Street. Yields on long-dated Treasuries surged to an eight-month high, and the Dow Jones industrial average skidded 107 points. A gradual acceleration of inflation...

Commission disbands after overseeing return of looted gold

...up more than a half-century ago to oversee the return of about $4 billion in gold plundered by the Nazis from European treasuries, ended its mission Wednesday by urging similar justice for individuals. The commission, set up by Britain, France and...

Dow tops 17,000 for first time after government says hiring picked up speed last month

...disclosed a 9.9 percent stake in the company.Investors sold bonds after the strong jobs report. The yield on the 10-year Treasury note rose to 2.64 percent from 2.63 percent late Wednesday. Bond yields rise when prices fall.Thursday was the slowest...

Bank merger would combine Augusta's First Bank of Georgia with Atlanta financial corporation

...share."The pending transaction, Evans said, will likely give First Bank customers access to State Bank services, such as treasury and cash management and payroll banking. On the other end, State Bank, which is in the process of expanding its mortgage...

Fed further slows pace of bond buying, provides no clear signal of timing on first rate hike

...more than half a percentage point, with the Standard & Poor's 500 index reaching a record. And the yield on the 10-year Treasury note dipped to 2.59 percent from 2.65 percent late Tuesday."The last thing that Janet Yellen wants is for the market...

Giant food service contractor backtracks after bumping thousands from health plan

...would benefit faculty and not those on the lower end of the pay scale," Landey said. "I don't see the logic in it."The Treasury Department, which enforces the health law's employer coverage requirement, declined requests for an interview. Spokeswoman...

Georgia Capitol busy with qualifiers

...divisive race," Stone said, adding that a four-man primary almost ensures a runoff in July that could drain GOP campaign treasuries while Democratic incumbent John Barrow sits on his cash.Barrow told reporters divisiveness would be the key issue in the...