The U.S. Treasury could unveil a preset trading plan next month for the sale of its 27 percent stake in Citigroup Inc , Bloomberg said on Thursday, citing people with direct knowledge of the matter.

U.S. Federal Reserve Vice Chairman Donald Kohn said on Wednesday that top policy makers had been a little complacent about complex financial instruments that contributed to the global financial crisis.

Donald Kohn, vice chairman of the Federal Reserve, said on Wednesday the country United States is experiencing only a modest economic rebound despite an apparent surge in fourth-quarter growth figures.

The Federal Reserve has not been clear enough about how it intends to unwind its unprecedented monetary easing campaign, and some of the tools it expects to use may not work, monetary experts will tell Congress on Thursday.

Tougher day for stocks, as the poor 5-year Treasury auction appears to have put upward pressure on Treasury rates. Stock traders not sure what to make of this…

The reason this program is so important is because something is in the works over at Treasury to do a progam like it. News of that may be coming later this week, according to sources.

The Kansas City Fed president said U.S. financial reform should include the Volcker Rule to ensure long-term stability to financial markets.

The US Federal Reserve keeps saying rates will remain low for an extended period, but it is a message the money market is not buying.

Oil prices hovered below $81 a barrel Thursday in Asia after an increase in U.S. crude inventories suggested consumer demand remains weak.

Oil prices fell to near $80 a barrel Thursday in Asia, extending losses from the previous day after an increase in U.S. crude inventories suggested consumer demand remains weak.