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Financeflux

$4,750,000 Guaranteed Income Program To Distribute Cash to Citizens Across One US State

A multi-million dollar guaranteed income pilot program is preparing for launch after a US state’s executive and legislative branches gave…

March 22, 2025

JPMorgan Chase, Wells Fargo and Bank of America Customers Holding $2,620,000,000,000 in Uninsured Deposits As Americans Pour Cash Into Unprotected Accounts

New numbers show customers at JPMorgan Chase, Wells Fargo and Bank of America are piling money into unprotected accounts. The…

March 22, 2025

Market Correction Over? JPMorgan Chase, Bank of America and Morgan Stanley Detail S&P 500 Outlook After $5,500,000,000,000 Tumble: Report

Three of the biggest banks in the US are revealing what they believe is next for the S&P 500 after…

March 21, 2025

Billionaire Warren Buffett Shifts Capital To Several Assets After Dumping Bank of America, Executing Timely US Equity Market Exit

Billionaire Warren Buffett is now stashing his firm's funds outside of the United States after massively unloading US equities last…

March 21, 2025

Crypto Exchange Kraken Acquires Leading US Retail Futures Trading Platform NinjaTrader

The second-largest US-based crypto exchange by trading volume is expanding its repertoire as it prepares to go public. Earlier this…

March 20, 2025

Stocks and Crypto Extend Losses As Risk of Recession Reaches Six-Month Highs, According to CNBC Fed Survey

Equities and digital assets are extending their downtrend as CNBC's Fed Survey reports an elevated risk of recession. The Nasdaq,…

March 18, 2025

US Government Deploys ‘Magic Money Computers’ To Send Payments Out of Thin Air: Elon Musk

The US government relies on a network of computers to generate payments out of thin air, including some transactions that…

March 17, 2025

Treasury Secretary Bessent Warns Financial Crisis Narrowly Avoided, Says ‘Not Worried’ About Market Correction

U.S. Treasury Secretary Scott Bessent says that the US would be going through a financial crisis if it had kept…

March 17, 2025

Goldman Sachs Mentions Crypto in Shareholder Letter, Says Tech Raising Competition in Banking Industry

The financial services giant Goldman Sachs is telling shareholders that its competitors are now offering crypto products and services that…

March 16, 2025

Wells Fargo Sues JPMorgan Chase Over Soured $481,000,000 Loan, Says US Bank Aware Seller Had Inflated Income: Report

Two of the largest banks in the US are reportedly locked in a legal battle over a $481 million commercial…

March 16, 2025