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Financeflux

$90,000,000,000,000 Transfer of Wealth Is Underway – Along With ‘Debt After Death’ Tidal Wave: Report

An estimated $90 trillion transfer of wealth is now underway as baby boomers begin to give assets to their children…

April 5, 2024

$840,000 To Be Dished Out With No Strings Attached As US City’s Guaranteed Income Program Gets Green Light: Report

A new guaranteed basic income pilot is reportedly gearing up for launch, preparing to hand cash to hundreds of families…

April 5, 2024

Goldman Sachs CIO of Wealth Management Says Crypto Facilitates Crime and Is Not an Investment Class

The chief investment officer of Goldman Sachs Wealth Management reportedly thinks that investing in crypto is nothing more than a…

April 4, 2024

$677,000,000,000 Added To US National Debt in Three Months As BlackRock CEO Warns Situation ‘More Urgent Than I Can Ever Remember’

The US government just added more than half a trillion dollars to its balance sheet in three months. Data from…

March 31, 2024

1,000 Billionaires Begin $5,200,000,000,000 Transfer of Wealth – And the ‘Heirs To Billionaires’ Have Their Own Ambitions: Report

An astonishing and historic transfer of wealth among the world's super rich is accelerating, according to a new report. More…

March 31, 2024

Wells Fargo Accused of Overcharging Thousands of Customers, Concealing Predatory Practice for More Than 10 Years: New Lawsuit

A new lawsuit accuses banking giant Wells Fargo of overcharging thousands of customers on credit card interest rates and fees…

March 30, 2024

JPMorgan Chase Executive Steals $2,400,000 From Customers, Admits To Taking Cash from 74-Year Old Wheelchair-Bound Client

An ex-JPMorgan Chase executive has admitted to stealing $2.4 million from the banks' clients, new court documents show. In a…

March 30, 2024

Bank Lets Customers Withdraw More Than Available Balance, Triggering $14,000,000 Exodus in Matter of Hours: Report

A state-owned bank is clawing back millions of dollars from customers after a "routine system update" allowed people to take…

March 29, 2024

$236,000,000,000 in ‘Improper Payments’ Made by US Government in One Year, Exposing Material Weakness in Internal Controls: Report

The US government is botching hundreds of billions of dollars of payments per year, according to a new report. The…

March 29, 2024

$1,800,000 Up for Grabs As US City Launches Guaranteed Income Program With ‘Unrestricted Cash Payments’

A new guaranteed income pilot project is gearing up for launch in Massachusetts. The Somerville Guaranteed Basic Income Program is…

March 29, 2024