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Tax evasion is killing Greek economy as government is about to run out of cash

Greece is waiting on the IMF and the EU for another 1 billion euros as its creditors look to see whether new leaders elected June 17 will honor Greece’s commitments. [...]

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Supercommittee failing in talks to lower U.S. debt as deadline looms

Supercommittee failing in talks to lower U.S. debt as deadline looms

Lawmakers are in deadlock over talks to reduce spending on Medicare and Medicaid as Democrats and Republicans in congress refuse to compromise on either side.

Federal Reserve’s Bernanke Promises To Be More Open About U.S. Economy


Federal Reserve’s Ben Bernanke says he plans to stop increasing the amount of money being printed

Time For A Raise, In This Economy?

Time For A Raise, In This Economy?

Millions of hard working Americans have had to deal without raises while the economy took a turn for the worst, but things may start to change.

A Currency War Is Brewing Between China and the U.S.

A Currency War Is Brewing Between China and the U.S.

The growing economies of the world have all too long relied on American demand to support their mercantilist economies. China is at the head of this list, and the Federal Reserve with support of a U.S. Senate vote, will began flooding China’s economy with liquidity in an attempt to make it cheaper for foreign economies to buy U.S. goods and services…