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Financeflux

JPMorgan Chase CEO Warns Inflation, Terrible Wars and Violence Are ‘Significant Uncertain Forces’ in New Outlook

The head of the largest bank in the US says he's concerned about "significant uncertain forces" brewing on the global…

April 12, 2024

Billion-Dollar Bank Accused of Charging ‘Crippling’ Overdraft Fees As Customers Launch $5,000,000 Lawsuit: Report

A billion-dollar bank in the US is reportedly facing a potential class-action lawsuit for the second time in about three…

April 12, 2024

US National Debt To Shatter $141,000,000,000,000 As Massive Borrowing Threatens Dollar’s Reserve Currency Status Over Next Three Decades: CBO

The Congressional Budget Office (CBO) projects deficits will run wild as the US national debt surpasses a staggering $141 trillion…

April 12, 2024

$1,800,000 Guaranteed Income Program Expands As Government Prepares To Hand Out Cash in Major US City 

One of the largest guaranteed income programs in the US is preparing to hand out more cash. The Denver Basic…

April 12, 2024

S&P Global Downgrades Five US Banks, Warns Lenders Hold Billions of Dollars in Loans That May Face ‘Material Deterioration’

Standard & Poors (S&P) just downgraded five more regional banks as pain in the sector continues to spread. In a…

April 6, 2024

$4,500 Drained From JPMorgan Chase Account in Matter of Hours – Now the Bank Blames Its Own Customer and Refuses To Reimburse: Report

A 70-year-old woman says JPMorgan Chase isn't taking responsibility after her account was gutted by cyber thieves. Houston resident Jodene…

April 6, 2024

$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