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Financeflux

$54,900,000,000 Added To US Debt in Five Days As UN Issues ‘Grave Warning’ on Global Balance Sheets

The total amount of outstanding US debt just hit a new record high. New numbers from the government’s FiscalData system…

August 12, 2023

US Banks Facing ‘Significant Risk’ of Deposit Flight As Profit Margins Narrow, Warns Top Ratings Agency

The credit ratings agency Moody's just issued a fresh warning on the US banking system. In new research note, Moody's…

August 11, 2023

Bank Accounts Filled With Cash Are Opening Without Consent At One of America’s Largest Banks: Report

Dozens of people say unauthorized accounts in their name are being opened at one of America's largest banks – with…

August 11, 2023

JPMorgan Owes $3,000,000,000 To US Government After Banking Crisis Drains Emergency Fund: Report

America's biggest banks are preparing to pay billions of dollars to the Federal Deposit Insurance Corporation to replenish an insurance…

August 10, 2023

US Should Brace for Crash Landing After Credit Rating Downgrade, Says Robert Kiyosaki

Best-selling author Robert Kiyosaki says the US economy is about to witness major turbulence after Fitch downgraded the United States'…

August 9, 2023

Billionaire Chamath Palihapitya Calls Fitch Downgrade of US Credit Rating ‘Irrelevant’ – Here’s Why

Billionaire venture capitalist Chamath Palihapitiya says that the latest downgrade of the country's credit rating is not a cause for…

August 6, 2023

US Debt Soars $276,000,000,000 in One Month As Hank Paulson Says America’s Borrowing Binge Needs Urgent Fix

Former Treasury Secretary Hank Paulson is sounding the alarm on America's rapidly expanding debt. New numbers from the Treasury Department…

August 5, 2023

$262,000,000,000 in Deposits Exits JPMorgan, Wells Fargo, BofA and Citi in One Year As Government Reveals Collapse of Another US Bank

America's biggest banks are witnessing a contraction of customer deposits as another regional bank is forced to close its doors.…

August 5, 2023

Americans Are Battling Banks After Accounts Are Frozen, Access to Hard-Earned Cash Is Denied: Report

Americans are increasingly turning to local news outlets after their hard-earned cash is frozen and denied. According to a new…

August 4, 2023

$200,000,000 for Cash Handouts With No Strings Attached Allocated Across US As Basic Income Trials Come To 24 States: Report

A total of 24 states across the US are testing the benefits of offering basic income with no strings attached…

August 4, 2023