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US Government May Be Forced To Impose Widespread ‘Financial Repression’ To Keep $36,000,000,000,000 Debt Burden Manageable: UBS

Global wealth manager UBS says America's massive $36.2 trillion debt burden may force the government to take more extreme financial…

May 31, 2025

Billionaire Warren Buffett Pours $305,500,000,000 Into ‘Safe Haven’ Assets While Dumping Stakes in Citigroup, Bank of America and Capital One

Billionaire Warren Buffett has funneled $305.5 billion into a safe-haven asset class, while slashing stakes in banking giants Citigroup, Bank…

May 31, 2025

Stocks and Crypto Tick Downward As Trump Accuses China of Violating Trade Agreement

Stocks and crypto lost a little bit of ground on Friday as President Donald Trump accused China of violating a…

May 30, 2025

Citigroup’s Equity Strategist Says $2,000,000,000,000 Deficit Is Good for Economy and S&P 500 Earnings – Here’s Why

Citigroup’s US equity strategist Scott Chronert says the ballooning US budget deficit could have a positive impact on the economy.…

May 29, 2025

US Banks See $70,600,000,000 in Profits in First Quarter As Non-Interest Income Jumps: FDIC

The US banking industry saw a rise in profits in the first quarter of the year driven by a jump…

May 28, 2025

$65,000,000,000 Pension Fund Issues Warning to US Money Managers, Says Industry Abandoning ‘Basic Principles of Stewardship’: Report

The $65 billion Dutch pension fund PME is reportedly warning US money managers not to abandon their "basic principles of…

May 27, 2025

Tether Now Owns $125,000,000,000 in US Treasuries, Surpassing Germany, UAE, Spain and Australia: CEO Paolo Ardoino

The CEO of Tether Holdings, Paolo Ardoino, is highlighting that the USDT stablecoin is largely backed by an asset widely…

May 27, 2025

Half of Gen Z and Millennials Have Invested in Crypto Assets, According to New Gemini Report

A new study conducted by the US-based crypto exchange Gemini confirms the idea that digital asset ownership skews to the…

May 27, 2025

Billionaire Chamath Palihapitiya Sounds Alarm on US Debt Crisis, Warns of Credit Downgrade, Treasury-Dumping Risk and More

Billionaire venture capitalist Chamath Palihapitiya warns that a newly passed bill by Congress could deal long-term damage to America’s balance…

May 27, 2025

Banking Giant TD To Wind Down $3,000,000,000 Portfolio, Fire 2,000 Employees in Cost-Cutting Spree

Toronto Dominion Bank (TD) will be winding down a $3 billion investment portfolio while downsizing its headcount in a move…

May 26, 2025