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Financeflux

Bank of America CEO Forecasts US Recession in Early 2024 After Fed Hikes Rates to 22-Year High

The US will most likely head into a slight recession early next year, according to Bank of America Chairman and…

August 3, 2023

Big Four Accounting Firm KPMG Touts Bitcoin Benefits, Including Payments, Social Causes and Financial Inclusion

One of the world's largest accounting firms just published a new report highlighting use cases for Bitcoin (BTC). According to…

August 3, 2023

Billion-Dollar Bank Facing US Government Investigation For Allegedly Dodging Rules on Record Keeping

European lending giant BNP Paribas is currently in talks with US regulators to settle probes over its employees' use of…

August 2, 2023

Rich Dad Poor Dad Author Robert Kiyosaki Says US Dollar ‘Toast’ Amid Rise of Gold-Backed BRICS Currency

The author of best-selling personal finance series Rich Dad Poor Dad says that the US Dollar is nearing the end…

August 2, 2023

Nearly 75% of the World’s Largest Banks Support the Transfer of Funds to Major Crypto Exchanges: CoinGecko

An overwhelming majority of the world’s largest banks support the transfer of client funds to major crypto exchanges, according to…

August 1, 2023

36 Nations Are Conspiring Against US Dollar With New Gold-Backed Currency: Robert Kiyosaki

The author of the personal finance best-seller Rich Dad Poor Dad says dozens of countries are colluding to conjure a…

July 30, 2023

Trillion-Dollar Bank Pays $268,500,000 Fine Over ‘Unsafe and Unsound’ Risk Management Practices At Newly-Acquired Subsidiary

Global banking giant UBS has been fined more than a quarter billion dollars for misconduct at Credit Suisse, its new…

July 30, 2023

US Banking Giant Accused of Abruptly Closing Accounts, Violating Customers’ Rights As Financial Oversight Investigation Begins: Report

A US financial giant and two British banks are reportedly being investigated over accusations that they debanked clients because of…

July 29, 2023

JPMorgan Chase Loses $75,000,000,000 in Institutional Deposits As Customers Demand Higher Yields: Report

Billions of dollars in institutional cash is exiting JPMorgan Chase in a search of higher yields, according to a new…

July 29, 2023

US Debt Explodes $392,750,000,000 in 30 Days As Cato Institute Warns ‘Unsustainable Spending’ Hindering National Security

The US national debt is growing at an unrelenting pace. New numbers from the government's FiscalData system show that on…

July 28, 2023