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JPMorgan Chase CEO Admits US Banks ‘Push People Out of the System’ After Trump Hammers Chase, Bank of America Over Abrupt Account Terminations

JPMorgan Chase CEO Jamie Dimon is addressing controversy over how and why some American citizens and businesses are abruptly finding…

March 1, 2025

US Banks’ Unrealized Losses Explode by $118,400,000,000 in Three Months As FDIC Declares 66 Banks on ‘Problem List’

The amount of unrealized losses on American banks' balance sheets is surging. In its new Quarterly Banking Profile for the…

March 1, 2025

Zelle Prepares To Terminate Transactions on Mobile App, Pushing Popular Service Exclusively To Major US Banks and Financial Institutions

The popular payments platform Zelle is preparing to implement a major change to its mobile app services. The platform says…

February 28, 2025

Millions of Dollars To Be Handed Out Per Year – No Strings Attached – As US City Launches New Cash Aid Program

A US city is launching a cash aid program that will disperse millions of dollars per year to families living…

February 28, 2025

Ken Griffin’s Citadel Securities Planning To Launch Crypto Services: Report

The capital markets firm Citadel Securities is reportedly planning on diving into the crypto sector. Bloomberg, citing "people familiar with…

February 26, 2025

JPMorgan Chase, Wells Fargo, Bank of America, Citigroup and Morgan Stanley Examining or Eliminating DEI Language After Trump’s Executive Order: Report

Big banks are quietly scrubbing the public record of their diversity, equity and inclusion (DEI) policies following US President Donald…

February 23, 2025

Billionaire Warren Buffett Amasses Record $334,000,000,000 Cash Position At Berkshire Hathaway After Dumping $5,500,000,000 of Exposure To Bank of America

Investing legend Warren Buffett has built a record $334 billion cash position at Berkshire Hathaway. The firm's new fourth-quarter and…

February 22, 2025

Billionaire Warren Buffett Issues US Dollar Warning, Says Reckless ‘Fiscal Folly’ Is Now Standard Practice

Billionaire Warren Buffett just issued an alert on the state of the US economy. In Berkshire Hathaway's annual letter to…

February 22, 2025

US Household Debt Shatters $18,040,000,000,000 As Delinquency Rates Surge, According To Federal Reserve Bank of New York

The total amount of household debt in the US has surged to a new record level. In its Quarterly Report…

February 22, 2025

JPMorgan Chase, Wells Fargo and Bank of America Lose $5,188,000,000 in Three Months After Exhausting Efforts To Recover Cash From Customers

JPMorgan Chase, Wells Fargo and Bank of America say they've lost $5.188 billion from customers who have been declared unable…

February 21, 2025