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Financeflux

JPMorgan Chase, Bank of America, Wells Fargo and Citi Lose $6,900,000,000 From Sour Loans As Analyst Warns Notorious Debt Bubble Is Popping

JPMorgan Chase, Wells Fargo, Bank of America and Citi are unloading billions of dollars in bad debt that they've given…

October 18, 2024

JPMorgan Chase, Bank of America Forecast New Rate Cut in November As Fed President Says Soft Landing Likely: Report

Two of the largest banks in the US believe another rate cut from the Federal Reserve is incoming. The Fed…

October 16, 2024

$6,000,000,000,000 in Sidelined Cash Boosting Stock Market, Making Macro Data Less Important: Investor Tom Lee

Fundstrat's Tom Lee says markets are getting a boost from $6 trillion that's been sitting on the sidelines. In a…

October 16, 2024

Cuba Officially Asks Russian President Vladimir Putin to Join BRICS Coalition

The Republic of Cuba has reportedly asked Russia if it can join the BRICS alliance, the coalition that's competing against…

October 16, 2024

Ripple Announces Initial Exchange Partners for Ripple USD (RLUSD) Stablecoin Launch

Payments firm Ripple is announcing exchange partners for the launch of RLUSD, the company's new dollar-pegged stablecoin. According to a…

October 15, 2024

Macro Guru Luke Gromen Predicts Dollar Collapse Amid Deteriorating US Fiscal Situation – Here’s His Timeline

Investor Luke Gromen is forecasting a breakdown in the dollar over time due to an increasingly unfavorable fiscal situation in…

October 14, 2024

US Government Pays $950,000,000,000 in Interest on National Debt in Just One Year, Says Congressional Budget Office

The US government just spent nearly $1 trillion to service the interest on its rapidly growing national debt. Data from…

October 12, 2024

$0.10 Coin Hits $295,000 at Auction – Why Investors Are Battling To Buy Single US Dime

Bidders have pushed the price for a rare US dime to a staggering $250,000 – and they're likely just getting…

October 8, 2024

Trump, Harris Plans Would Add $10,600,000,000,000 To US National Debt: Nonpartisan Think Tank Forecast

Former President Donald Trump and Vice President Kamala Harris' campaign promises would add trillions of dollars to the national debt,…

October 7, 2024

$19,990,000 To Be Handed To Customers of Popular Streaming Platform in Massive Privacy Settlement

A popular streaming platform just agreed to pay millions of dollars to customers in a privacy settlement deal. The streaming…

October 7, 2024