Gift-tax limits to rise in 2013 Individuals can generally receive up to $13,000 a year as a gift without getting hit by a federal gift tax. In 2013, as a result of cumulative indexing, this amount is projected to increase to $14,000 …
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On January 23, the Italian financial community was shaken after the oldest’s bank in the world, Banca Monte dei Paschi di Siena, appeared to have taken a severe economic hit after a derivatives deal between it and Japan-based bank Nomura soured.
According to a report from a UN agency, global unemployment is rising once again.
Cyprus’s yearly output is approximately 20 billion euros, according to Deutsche Bank, yet its banks hold total assets equal to roughly the same amount.
According to a new IMF report, Greece may have some additional budget shortfalls during the next several years.
The bill suspends the debt ceiling entirely as opposed to simply raising it above its current level.
While the U.S. dollar holds a different position than the German mark once did in the global marketplace, there are some potential threats to to the American currency that could create problems for both investors and average citizens.