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Financeflux

Trump’s Tariff Policies Unlikely to Increase US Manufacturing Jobs in the ‘Foreseeable Future’: Wells Fargo Analysts

Economists at the banking giant Wells Fargo think the Trump Administration's tariff policies are unlikely to reshore a significant number…

May 23, 2025

JPMorgan, Bank of America, Citi and Wells Fargo Weighing Joint Stablecoin Launch: Wall Street Journal Report

Top US banks are considering teaming up on a stablecoin, according to a Wall Street Journal report. JPMorgan Chase, Bank…

May 23, 2025

JPMorgan Chase, Bank of America, Citibank and Wells Fargo’s Total Assets Balloon by $681,710,000,000 in Just Three Months: S&P Global

The top four US banks have seen their assets grow in the past three months by a whopping $681.71 billion,…

May 23, 2025

Nothing Big Enough To Topple US Dollar Dominance Just Yet, According to Central Bank of Brazil Director: Report

Brazil’s central bank reportedly believes that the US dollar will maintain its position as the world’s leading currency over the…

May 22, 2025

Trump Economist Says US Debt the ‘Safest Bet on Earth,’ Calls Moody’s Downgrade Backward-Looking

White House National Economic Council Director Kevin Hassett doesn't agree with Moody's downgrade of the US credit rating. Hassett says…

May 21, 2025

JPMorgan Chase, Bank of America and Wells Fargo All Downgraded by Moody’s Following US Government Loss of AAA Rating: Report

Moody's has downgraded deposit ratings of top US lenders JPMorgan Chase, Bank of America and Wells Fargo just days after…

May 21, 2025

$360,000,000,000 Asset Manager Says US Government Bonds No Longer Working As Hedge Against Risky Assets: Report

Kohlberg Kravis Roberts (KKR) reportedly says that US Treasuries are no longer an effective hedge against risk assets, creating a…

May 20, 2025

‘Very Resilient’ US Economy Among Three Reasons Fed Won’t Cut Interest Rates in 2025: Yardeni Research

The president of sell-side Wall Street firm Yardeni Research, Ed Yardeni, believes that the Federal Reserve will stay the course…

May 20, 2025

Fundstrat’s Tom Lee Says Stock Market Pullback ‘Buying Opportunity’ Despite US Going Down Unsustainable Debt Path

Fundstrat's head of research Tom Lee says that Monday's pullback in stocks is a buying opportunity despite growing economic issues…

May 19, 2025

China Demands US ‘Immediately Correct Its Wrongdoings’ After Allegedly Undermining Geneva Trade Talks : Report

China is reportedly urging the US to reverse its "discriminatory" measures following guidance from the Commerce Department that using Huawei's…

May 19, 2025