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Financeflux

US City Handing $600,000 To Residents As New Guaranteed Income Pilot Witnesses ‘Astounding’ Demand

A group of residents in one US city will soon receive thousands of dollars from a new guaranteed income pilot…

November 8, 2024

US Big Four Bank Citi and Fidelity International Unveil Proof of Concept of an On-Chain Money Market Fund

American investment bank Citi and asset manager Fidelity have teamed up to develop a blockchain-based investment fund that can power…

November 7, 2024

Here Are the Three Most Important Charts for Crypto and Macro Right Now: Ex-Goldman Sachs Executive Raoul Pal

Former Goldman Sachs executive Raoul Pal is outlining what he says are currently the three most important charts for crypto…

November 7, 2024

Citi Trader Says Bank Watching for ‘Trump Rip’ or ‘Harris Dip’ As Markets Brace for Election Results

Citi's US equity strategist says the bank will be looking for trading opportunities this week on election-induced market volatility. Speaking…

November 5, 2024

Chamath Palihapitiya Says US Economy ‘in the Toilet’ if Not for Government Distortions – Here’s What He Means

Billionaire venture capitalist Chamath Palihapitiya says the US economy is not doing so well despite glowing reports to the contrary.…

November 4, 2024

Fundstrat’s Tom Lee Says Markets Set To Rally Into Year-End Regardless of Election Winner

Fundstrat managing partner and head of research Tom Lee says that markets are setting up to rally into 2025 no…

November 4, 2024

US Treasury Adds $104,000,000,000 To National Debt in One Day As Total Outstanding Debt Shatters Record High at $35,951,000,000,000

The US national debt just hit a new record high after the Treasury Department added $104 billion to its outstanding…

November 4, 2024

Stablecoin Issuer Tether’s USDT Potentially Seeing Rise in Adoption in Sanctioned Countries: Report

The world's largest stablecoin by market cap is reportedly potentially seeing a rise in adoption amongst sanctioned nations. Citing data…

November 3, 2024

China Considering $1,400,000,000,000 Fiscal Stimulus Injection To Boost Ailing Economy: Report

China is reportedly considering a massive stimulus package as the country looks to breathe new life into its ailing economy.…

November 3, 2024

World Bank Has Allegedly Lost Track of $24,000,000,000 As Insider Warns Banks’ Records ‘Routinely Made Up’: Report

At least $24 billion in World Bank funds for climate initiatives are unaccounted for, according to a new report. Somewhere…

November 3, 2024