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Financeflux

New York Bank ‘Teetering’ After Revealing $2,400,000,000 in Losses, Citing Material Weakness in Risk Management

A troubled New York bank with $113.9 billion in assets has just revealed that its balance sheet is far worse…

March 1, 2024

$1,050,000 To Be Handed Out With Zero Strings Attached As Guaranteed Income Pilot Comes To Another US City

A US city is preparing to give away $1.05 million to residents in a new guaranteed income project. People who…

March 1, 2024

$213,182,743,000 Piled Onto US National Debt in Just 23 Days As Former IMF Chief Economist Says He’s Extremely Worried About Borrowing Binge

A former International Monetary Fund (IMF) chief economist is sounding the alarm about the US government's insatiable thirst for debt.…

February 29, 2024

JPMorgan Chase Customers Forced to Pay ‘Unconscionable and Predatory’ Fees Despite Doing Nothing Wrong: $5,000,000 Lawsuit

A group of JPMorgan Chase customers are banding together to sue the banking giant, claiming they were forced to pay…

February 25, 2024

Customer Threatens to Sue Bank of America After Tens of Thousands of Dollars Vanishes Without Trace: Report

A Bank of America customer is considering whether to sue after the lender allegedly lost a certificate of deposit (CD)…

February 24, 2024

Global Debt Surpasses $313,000,000,000,000 As Nations Face ‘Potential Growing Challenges’ in Ability To Pay Their Bills: Report

Global debt has officially passed a record high of $313 trillion and according to a new study, a group of…

February 23, 2024

$1,800,000,000 Funneled Through Fraudulent Bank Accounts in Massive Money Laundering Operation: Report

Authorities in Hong Kong say they've cracked a massive, global money laundering operation that used the traditional banking system to…

February 23, 2024

$20,000 Tiny Home on Amazon Goes Viral As Buyer Tests ‘Viable Option’ for Priced-Out Masses

A viral video may highlight a "viable option" for the millions of Americans who can't afford to buy a home,…

February 23, 2024

JPMorgan Chase Loses $100,000 of Customer’s Cash and Jewelry, Denies Responsibility – Here’s What Happened To Her Priceless Possessions

A Florida school teacher says JPMorgan Chase turned a blind eye when the valuables inside her safety deposit box disappeared…

February 18, 2024

US Bank Customer ‘Feels Like Criminal’ After Thousands Stolen From Account, Pleas for Help Ignored for Months: Report

An elderly couple in Chicago says thousands of dollars was abruptly stolen from their U.S. Bank account – and that…

February 17, 2024