Department Of Treasury

Inflation hedge Series I savings bonds paying 9.62% unleashed a flood of buyers to the Treasury Department website on Wednesday, crashing the website ahead of a Friday deadline to receive the guaranteed 9.62% interest rate. What Happened: "Due to exceptionally high traffic, the TreasuryDirect...

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day in 1935, the U.S. Treasury issued the first U.S. savings bonds. Where The Market Was: The S&P 500 was trading at 8.41 and the Dow closed the day at 103.27. What...

A member of the U.S. Senate made purchases of two of the most well-known Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) trusts. What Happened: Sen. Pat Toomey, a Republican from Pennsylvania, purchased stakes in the Bitcoin and Ethereum trusts, according to filings shared by Congresstrading....

YRC Worldwide (NASDAQ: YRCW) unveiled plans of a new $700 million lending agreement with the U.S. Department of the Treasury, which in turn will receive a stake of nearly 30% in the company. The July 1 press release outlines the latest lifeline for the less-than-truckload (LTL) carrier. The loan...

In a report published Wednesday, Capstone analyst Max Reale commented that the U.S. Department of the Treasury and the U.S. Internal Revenue Service are unlikely to approve and could take action to block Yahoo! Inc. (NASDAQ: YHOO)'s proposed tax-free spinoff of its stake in Alibaba Group Holding...