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Financeflux

Bank of America Allegedly Takes $3,600,000 Treasure Trove From Customer, Refuses To Return Millions in Assets: New Lawsuit

A new lawsuit accuses Bank of America of abruptly seizing and refusing to return millions of dollars in assets that…

March 16, 2024

$4,165,000,000 in Deposit Flight Hits New York Bank As Federal Reserve Chair Jerome Powell Warns More Lenders Will Collapse

A New York-based bank is witnessing the exodus of billions of dollars in deposits amid an industry-wide warning from Fed…

March 15, 2024

$1,740,000 To Be Handed Out With No Strings Attached As New Guaranteed Income Pilot Approved in Major US City

A big city on the west coast just approved a pilot program that will give hundreds of dollars a month…

March 15, 2024

$474,930,000,000 Added To US National Debt Since January 1st As Ex-IMF Official Says America Now on Dangerously Unsustainable Path

A former deputy director of the International Monetary Fund (IMF) says the US is now racking up debt at an…

March 15, 2024

Wells Fargo Abruptly Terminating Customers’ Bank Accounts, Say Attorneys General in 16 States, Demanding Immediate Freeze on Lender’s Alleged Debanking Practices

More than a dozen state attorneys general (AGs) are accusing banking titan Wells Fargo of abruptly terminating customers' accounts without…

March 10, 2024

$90,000,000,000,000 Transfer of Wealth Will Be Worthless for Many Due To Single Overwhelming Expense: Report

A massive transfer of wealth from baby boomers to their brethren is underway, but a look at the numbers shows…

March 9, 2024

US Debt Surging $10 Billion Per Day, $416 Million Per Hour, $6.94 Million Per Minute, $115,740 Per Second: US Treasury Department

America's ever-increasing pile of debt is now growing at a stunning pace, according to new numbers from the U.S. Treasury.…

March 9, 2024

$8,800,000,000,000 ‘Pile of Cash’ Has Wall Street Anticipating Major Market Rally: Report

Wall Street is closely watching an $8.8 trillion pile of cash that could quickly fuel a major market rally, according…

March 8, 2024

$900,000 Up for Grabs As New Guaranteed Income Program Announced in Major US County

A new guaranteed basic income program is set to launch in the US, handing out $900,000 in no-strings-attached money to…

March 8, 2024

Troubled New York Bank Receiving $1,000,000,000 Liquidity Injection in Push to Save Ailing Lender

An ailing New York bank just announced an injection of $1 billion in capital in a push to stay afloat.…

March 6, 2024