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Financeflux

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

China, Japan and UK Dump $81,000,000,000 in US Treasuries in Just One Month As China Pours Capital Into Gold

China, Japan and the UK are dumping billions of dollars in US Treasuries. New numbers from the Treasury Department show…

February 21, 2025

Top Crypto Market Maker Wintermute Opens New York Office Amid Trump Optimism: Report

A crypto market maker is reportedly opening up a new office in New York due to the pro-crypto nature of…

February 19, 2025

Banks in South Korea Moving Quickly To Partner With Crypto Exchanges Amid New Regulatory Clarity: Report

Banks in South Korea are reportedly rushing to partner with crypto firms as the country's digital asset regulations become less…

February 19, 2025

Charles Schwab Creates Head of Digital Assets Role As Firm Positions To Offer Crypto Services: Report

Charles Schwab is reportedly creating a new executive position as the financial service giant expands its tentacles into the crypto…

February 18, 2025

MasterCard Predicts Central Banks Will Lean Away From Issuing Retail-Focused CBDCs in 2025

Payments giant MasterCard is forecasting that central banks will shift away from retail CBDCs (central bank digital currencies) and focus…

February 17, 2025

Crypto Stablecoins Shatter $30,000,000,000,000 in Volume During 2024, Says Coinbase CEO Brian Armstrong

Coinbase CEO Brian Armstrong says the digital asset exchange is moving as fast as possible to support one crypto use…

February 16, 2025