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Financeflux

Crypto Exchange Backed by Fidelity, Citadel Securities and Charles Schwab Set To Use Anchorage Digital As Custodian

A new crypto exchange supported by the world’s biggest financial institutions is tapping into the digital asset management services of…

August 24, 2023

BRICS Crafting Massive Expansion Agreement With Dozens of Countries Looking to Join: Official

The economic coalition of BRICS is nearing an agreement to expand its membership in the face of flooding interest from…

August 21, 2023

A US Bank Is Denying Access To Funds And Freezing Accounts, Leaving Customers in Dire Financial Straits: Report

Customers at a billion-dollar US bank say they have been unable to access their funds for days and weeks at…

August 19, 2023

US National Debt Surges $116,000,000,000 in August As Heritage Foundation Warns America Risks Reaching Point of No Return

America's national debt is rising at a rapid rate. The government’s FiscalData platform shows $116 billion has been added to…

August 19, 2023

US Banks Suffer $18,900,000,000 in Losses As JPMorgan Chase and Capital One Take Big Hits From Bad Loans: Report

America's biggest banks are taking hits to their bottom line as soaring interest rates cause billions of dollars in loans…

August 18, 2023

‘Free Money’ Banking Glitch Goes Viral, Letting Customers Withdraw Cash That’s Not In Their Account

A software bug at a billion-dollar bank has allowed customers to withdraw cash that's not theirs. The bug made it…

August 18, 2023

US Demands $1,435,000,000 From Banking Giant for Alleged Fraud and Role in Great Financial Crisis

The banking giant UBS is facing a hefty fine from the US Department of Justice for its role in the…

August 18, 2023

Goldman Sachs Predicts Federal Reserve Timeline for Slashing Interest Rates by 0.25% per Quarter: Report

Economists at the banking giant Goldman Sachs think the U.S. Federal Reserve will begin lowering its benchmark interest rate in…

August 16, 2023

US Deficit Surpasses $1,600,000,000,000 As Larry Summers Warns America on Unsustainable Fiscal Trajectory

Former US Treasury Secretary Larry Summers says America is walking a precarious path as the nation's budget deficit reaches $1.613…

August 14, 2023

Wells Fargo and 10 Firms Face $549,000,000 Fine Over Illegal Use of WhatsApp, Signal and iMessage

US regulators just hit Wells Fargo and 10 additional firms with a half-billion dollar fine for a widespread record-keeping failure.…

August 12, 2023