Latest Government securities News

A food delivery rider passes by a banner reading ' Stronger together, all together we will make it ',  in Milan, Italy, Sunday, April 5, 2020. The government is demanding Italians stay home and not take the leveling off of new coronavirus infections as a sign the emergency is over, following evidence that more and more Italians are relaxing restrictions the west’s first and most extreme nationwide lockdown and production shutdown. (Claudio Furlan/LaPresse via AP)

Cracks in Europe's shared currency reappear in virus crisis

Apr. 6, 2020 12:56 PM EDT

FRANKFURT, Germany (AP) — The virus outbreak is exposing cracks in the foundation of Europe's 21-year-old shared currency and festering animosities among its members, even as governments struggle to come up with a unified response where success or failure could mark the continent's politics for years to...

FILE - In this March 18, 2020 file photo, visitors to the Department of Labor are turned away at the door by personnel due to closures over coronavirus concerns. The coronavirus pandemic has already hurt many households financially.  Americans have been hit with layoffs, furloughs and reduced hours across the country. Those who have not are still facing massive economic uncertainty. Experts say it's more important than ever to manage your budget, reach out to lenders and seek protections available to those hit by the economic impact of the virus. (AP Photo/John Minchillo, File)

A guide to surviving financially as the bills come due

Mar. 31, 2020 3:23 PM EDT

The coronavirus has dealt a financial blow to millions of Americans and now April's bills are coming due. The good news is there is help available. Reach out immediately to your mortgage lender, student loan servicer or utility provider to see what's available. Other assistance, such as stimulus checks or...

FILE - In this Tuesday, March 3, 2020 file photo, Federal Reserve Chair Jerome Powell pauses during a news conference to discuss an announcement from the Federal Open Market Committee, in Washington. In a series of sweeping steps, the U.S. Federal Reserve will lend to small and large businesses and local governments as well as extend its bond buying programs.  The announcement Monday, March 23 is part of the Fed's ongoing efforts to support the flow of credit through an economy ravaged by the viral outbreak.  (AP Photo/Jacquelyn Martin, File)

Fed steps in once again to try to smooth out lending markets

Mar. 31, 2020 9:49 AM EDT

WASHINGTON (AP) — The Federal Reserve is intervening once again to try to smooth out the world's lending markets, this time by lending dollars to other central banks in exchange for Treasurys. The Fed's move Tuesday marks its latest aggressive effort to keep borrowing rates down and ensure that financial...

President Donald Trump speaks to the press before boarding Air Force One in Andrews Air Force Base, Md., Saturday, March 28, 2020. Trump is en route to Norfolk, Va., for the sailing of the USNS Comfort, which is headed to New York. (Jim Watson/Pool Photo via AP)

AP FACT CHECK: Trump gets a reality check on coronavirus

Mar. 30, 2020 1:34 AM EDT

WASHINGTON (AP) — For weeks, President Donald Trump carved out a trail of groundless assurances about the coronavirus pandemic as health officials, governors and local officials sounded alarm about what was coming — and already here. That sunlit trail now has hit a wall. On Sunday, Trump appeared to...

FILE - In this March 26, 2020, file photo President Donald Trump speaks about the coronavirus accompanied by Dr. Anthony Fauci, left, director of the National Institute of Allergy and Infectious Diseases, Vice President Mike Pence, and Dr. Deborah Birx, White House coronavirus response coordinator, in the James Brady Briefing Room in Washington. (AP Photo/Alex Brandon, File)

AP FACT CHECK: Trump a rosy outlier on science of the virus

Mar. 28, 2020 3:51 PM EDT

WASHINGTON (AP) — Groundless assurances keep coming from President Donald Trump, a rosy outlier on the science of the coronavirus pandemic. It's been that way since before the virus spread widely in the United States, when he supposed that the warmer weather of April might have it soon gone, a prospect the...

A man balances boxes of food that he picked up from Masbia Soup Kitchen, Thursday, March 26, 2020 during the coronavirus pandemic in the Brooklyn borough of New York. The new coronavirus causes mild or moderate symptoms for most people, but for some, especially older adults and people with existing health problems, it can cause more severe illness or death. (AP Photo/Mark Lennihan)

Staying afloat: $2.2 trillion bill offers economic lifeline

Mar. 27, 2020 6:33 PM EDT

WASHINGTON (AP) — In the coronavirus crisis, even doctors can face a cash crunch. Dr. Benjamin Ticho, an ophthalmologist in Chicago Ridge, Illinois, has seen his revenue plunge 80% as patients stay home and he cancels non-emergency surgeries. He’s cut his staff’s hours sharply and is...

FILE - In this Jan. 22, 2020, file photo Hospital staff wash the emergency entrance of Wuhan Medical Treatment Center, where some infected with a new virus are being treated, in Wuhan, China. (AP Photo/Dake Kang, File)

Timeline of key events in the spread of the new coronavirus

Mar. 27, 2020 5:22 PM EDT

JAN. 3: The number of cases of a new type of viral pneumonia in central China rises to 44 in an outbreak that awakens fearful memories of the 2002-2003 SARS epidemic. Most of the cases are traced to the South China Seafood City market in the suburbs of sprawling Wuhan, where offerings are reported to include wild...

European Council President Charles Michel speaks during a media conference after an EU summit by video conference in Brussels, Thursday, March 26, 2020. Following the informal video conference, members of the European Council adopted a statement on the EU actions in response to the COVID-19 outbreak. The new coronavirus causes mild or moderate symptoms for most people, but for some, especially older adults and people with existing health problems, it can cause more severe illness or death. (Francois Walschaerts, Pool Photo via AP)

EU leaders order up recovery plan for after coronavirus

Mar. 26, 2020 7:06 PM EDT

BRUSSELS (AP) — European Union national leaders told the bloc’s finance ministers Thursday to draw up new measures to tackle the devastating economic impact of the coronavirus pandemic after failing to bridge major differences over how best to share the debt burden. During six hours of talks by...

A currency trader walks by screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Tuesday, March 24, 2020. Asian stock markets gained Tuesday after the U.S. Federal Reserve promised support to the struggling economy as Congress delayed action on a $2 trillion coronavirus aid package. (AP Photo/Lee Jin-man)

Asian shares jump after Dow sees biggest gain since 1933

Mar. 24, 2020 10:07 PM EDT

NEW YORK (AP) — Shares opened sharply higher in Asia on Wednesday after the Dow Jones Industrial Average surged to its best day since 1933 with Congress and the White House nearing a deal on injecting nearly $2 trillion of aid into an economy ravaged by the coronavirus. Japan's Nikkei 225 index jumped...

Senate Majority Leader Mitch McConnell of Ky. speaks to reporters outside the Senate chamber after Democrats blocked a coronavirus aid package on Capitol Hill, Monday, March 23, 2020, in Washington. (AP Photo/Andrew Harnik)

Negotiators close on a nearly $2 trillion virus aid package

Mar. 24, 2020 5:32 AM EDT

WASHINGTON (AP) — Top congressional and White House officials emerged from grueling negotiations at the Capitol over the nearly $2 trillion coronavirus rescue package saying they expected to reach a deal Tuesday. Treasury Secretary Steven Mnuchin and Senate Democratic leader Chuck Schumer said they had...