Hertz's $375 million exchangeable note deal provides balance sheet relief but risks future shareholder dilution. Read the ...

The Treasury Secretary looks at New York and sees a replay of the 1970s. He looks to Trump's ally in Argentina, and sees ...

Gillespie: The Central Bank of Argentina would open up an account in the United States, either at the US Treasury, at the US Federal Reserve, and deposit an equal amount of $20 billion in Argentine ...

WASHINGTON (Reuters) -The U.S. is currently in negotiations for a $20 billion swap line with Argentina's central bank and ...

The Fed's interest-rate target, now set at 4% to 4.25%, gives the range where the central bank wants to see the effective fed funds rate, the rate banks pay to borrow reserves from each other ...

Debate around politicization of the Federal Reserve has mostly centered on its interest rate-setting independence. But ...

The Fed has standing dollar swap lines with five major central banks - the European Central Bank, Bank of Japan, Bank of ...

The dollar rose to a two-week high on Wednesday, clocking its biggest rise in three weeks. It is welcome respite for the ...

The U.S. Treasury is preparing a $20 billion currency swap with Argentina prop up that country's economy., Treasury Secretary ...

The U.S. government's strategy is to keep Argentina afloat to maximize the chances that Milei's supporters can win the election, she said - adding that this is "a longshot " because Milei has been ...

Up to 700,000 people have signed up for out-of-work benefits at the height of their careers since the pandemic struck.

Initially called Project Phoenix, IKO projected a $363.3 million investment and 180 new jobs when the company finalized its ...