1040 Finance News

Another country that is feeling the burden of ballooning debt is Greece. The current debt crisis that the country is in is being blamed on the derivative trading that Goldman Sachs made. According to experts, the said financial company tricked the Greeks to engage in currency swaps without the latter realizing that it will create [...]

President Barack Obama’s Administration is indeed having a tough time with the many economic problems. One solution that they came up with is the Recovery Act. According to a news report, there is an abundance of jobs, about 2.2 million created by the said program, fueling speculations that the economy finally is rebounding.  

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