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Financeflux

US National Debt Hits All-Time High of $34,667,000,000,000 As CBO Warns Rising Debt Will Reduce Americans’ Income

The US national debt just hit a new all-time high of $34.667 trillion. New numbers from the Treasury Department's Debt…

June 7, 2024

China Dumps $101,900,000,000 in US Treasuries in 12 Months As Fed Governor Dismisses ‘Imminent Demise’ of US Dollar

New numbers show China has sold $101.9 billion in US Treasury securities over the past 12 months. The Treasury Department…

June 1, 2024

JPMorgan Chase CEO Warns ‘Extraordinary’ Government Spending Will Trigger Major Economic Fallout: Report

JPMorgan Chase CEO Jamie Dimon just issued a major warning on where he believes the US economy is heading. At…

May 30, 2024

Billionaire Chamath Palihapitiya Says US Economy Already in Quasi-Synthetic Recession – Here’s What He Means

Billionaire venture capitalist Chamath Palihapitiya believes that the US economy is already in the midst of a downturn. In a…

May 27, 2024

US Government Pays $514,000,000,000 in Interest on National Debt in Seven Months, Surpassing Defense and Medicare Costs: Report

The US government just spent over half a trillion dollars in interest payments on its national debt in a mere…

May 26, 2024

China Sells $48,900,000,000 in US Treasuries in One Quarter, Analyst Says ‘Clear Intention’ To Dump US Dollar Holdings on Display

The world's second-largest economy is steadily unloading billions of dollars in US Treasuries. New data from the US Treasury Department…

May 25, 2024

$3,400,000 Will Be Sent To Struggling Families As ‘No Strings Attached’ Income Program Launches on East Coast: Report

A nonprofit is preparing to hand out millions of dollars over the next two years in a new guaranteed basic…

May 24, 2024

US House Passes Bill Banning Federal Reserve From Launching Central Bank Digital Currency

The US House of Representatives just passed a bill aimed at preventing the Federal Reserve from launching a Central Bank…

May 23, 2024

$582,381,000,000 Added To US National Debt Since January As JPMorgan Chase CEO Issues Warning on America’s Fiscal Future

The US has added well over half a trillion dollars to its national debt since the start of 2024 as…

May 22, 2024

Economist Henrik Zeberg Issues Dire Warning, Says Fed Cannot Stop Major Recession at End of 2024

A closely followed economist is warning that a major economic event last witnessed almost a century ago will likely rear…

May 22, 2024