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Financeflux

$1,920,000,000,000 Debt Explosion Hits US As International Monetary Fund Issues Dire Warning on Nation’s ‘Loose Fiscal Policy’

The US government has added nearly $2 trillion to the national debt since the start of the year, according to…

November 9, 2024

JPMorgan Chase Denies $53,000 Pension Payout, Widow Says Bank Treated Her Like ‘Insignificant Cockroach To Be Stepped On’: Report

JPMorgan Chase is refusing to pay a monthly pension to a widow whose husband worked at the bank for 10…

November 8, 2024

US City Handing $600,000 To Residents As New Guaranteed Income Pilot Witnesses ‘Astounding’ Demand

A group of residents in one US city will soon receive thousands of dollars from a new guaranteed income pilot…

November 8, 2024

US Big Four Bank Citi and Fidelity International Unveil Proof of Concept of an On-Chain Money Market Fund

American investment bank Citi and asset manager Fidelity have teamed up to develop a blockchain-based investment fund that can power…

November 7, 2024

Here Are the Three Most Important Charts for Crypto and Macro Right Now: Ex-Goldman Sachs Executive Raoul Pal

Former Goldman Sachs executive Raoul Pal is outlining what he says are currently the three most important charts for crypto…

November 7, 2024

Citi Trader Says Bank Watching for ‘Trump Rip’ or ‘Harris Dip’ As Markets Brace for Election Results

Citi's US equity strategist says the bank will be looking for trading opportunities this week on election-induced market volatility. Speaking…

November 5, 2024

Chamath Palihapitiya Says US Economy ‘in the Toilet’ if Not for Government Distortions – Here’s What He Means

Billionaire venture capitalist Chamath Palihapitiya says the US economy is not doing so well despite glowing reports to the contrary.…

November 4, 2024

Fundstrat’s Tom Lee Says Markets Set To Rally Into Year-End Regardless of Election Winner

Fundstrat managing partner and head of research Tom Lee says that markets are setting up to rally into 2025 no…

November 4, 2024

US Treasury Adds $104,000,000,000 To National Debt in One Day As Total Outstanding Debt Shatters Record High at $35,951,000,000,000

The US national debt just hit a new record high after the Treasury Department added $104 billion to its outstanding…

November 4, 2024

Stablecoin Issuer Tether’s USDT Potentially Seeing Rise in Adoption in Sanctioned Countries: Report

The world's largest stablecoin by market cap is reportedly potentially seeing a rise in adoption amongst sanctioned nations. Citing data…

November 3, 2024