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Financeflux

China Dumps $74,000,000,000 in US Treasuries in One Year As Two BRICS Nations Say They’ve Abandoned Dollar in Mutual Trade

China has sold more than $74 billion in US Treasuries in the last year, according to new numbers from the…

April 26, 2024

$2,250,000 To Be Handed Out With No Restrictions As US City Launches Latest Guaranteed Income Experiment

After three years of planning, a US city is reportedly a few months away from kicking off a family-focused guaranteed…

April 26, 2024

15 Attorneys General Demand Answers From Bank of America, Alleging Lender Shutters Accounts Over Customers’ Religious and Political Views

15 state attorneys general are demanding to know whether Bank of America is closing accounts over customers' religious and political…

April 21, 2024

$30,000 in JPMorgan Chase Account Disappears in One Day, Customer Says Bank’s Refusal To Reimburse Is Blowing His Mind: Report

A JPMorgan Chase customer in Oregon says his nest egg vanished in one day after thieves siphoned $30,000 from his…

April 21, 2024

Bank Withdrawal Access Denied To Thousands in Australia As Customers Forced To Move 500 Miles To Get Cash: Report

A group of banking customers in Australia are feeling the repercussions of a shift toward a cashless society, according to…

April 20, 2024

$38,400,000,000 in Deposit Flight Hits Wells Fargo and Citigroup in One Year As JPMorgan Chase CEO Issues Warning To Federal Reserve

New numbers show two of the largest banks in the US are witnessing billions of dollars in deposit flight. Quarterly…

April 20, 2024

$1,300,000 Up for Grabs As Major US City Launches New Guaranteed Income Pilot Program

One of the biggest cities in the US is preparing to hand $1.3 million to families who are struggling to…

April 19, 2024

$930,000,000,000 Wave of Debt Descending on US Banks As Hope for Interest Rate Reversal Fades: Former IMF Deputy Director

An IMF insider is warning of another US banking crisis amid hot inflation, dwindling hope of interest rate cuts from…

April 19, 2024

Fed Rate Cut Would Be Dangerous and Egregious Error, Says Former Treasury Secretary Larry Summers

Former Treasury Secretary Larry Summers is warning that a potential rate cut by the Federal Reserve would be a serious…

April 15, 2024

$1,430,207 To Be Handed Out After Billion-Dollar Bank Suffers Data Breach – Here’s Who Qualifies As Claims Deadline Approaches

Over $1.4 million in settlement cash is about to be handed out to clients at a large US bank after…

April 14, 2024