The U.S. treasury will make no more pennies after it uses up the final batch of blank disks it ordered this month.
Tag: U.S. TREASURY
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TOP TREND 2024: A GOLDEN YEAR FOR GOLD
The U.S. spot gold price briefly topped $3,000 on 10 March, passing the milestone for the first time. The metal’s futures price in European evening trading surpassed the same milestone later on the same day.
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SPECULATORS BAIL OUT OF JUNK BONDS AS BUSINESS FAILURES INCREASE
Bond buyers are trading out of the riskiest of junk bonds in favor of higher-rated securities as a rise in U.S. bankruptcies has raised concerns over the survival of highly-leveraged businesses during a prolonged period of high interest rates.
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MILITARY AID IS BALLOONING U.S. BUDGET DEFICIT
U.S. military aid to Israel and Ukraine is helping to push this fiscal year’s budget deficit from the $1.4 trillion estimated in February to $1.9 trillion, the nonpartisan Congressional Budget Office (CBO) has projected.
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U.S. TREASURY HIRES SERIAL OFFENDER J.P. MORGAN TO POLICE BANK PAYMENT INTEGRITY
J.P. Morgan has signed a five-year contract with the U.S. treasury to audit the approximately 1.7 billion payments government agencies make each year to ensure that the payments are accurate and genuine, Wall Street on Parade (WSOP) reported.
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