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Financeflux

Former St. Louis Fed President Says Soft Landing Has Been Achieved, Predicts Multiple Rate Cuts This Year

Former Federal Reserve Bank of St. Louis President James Bullard says the Fed is likely to turn dovish over the…

September 4, 2024

Fundstrat’s Tom Lee Cautious on Markets Until Upcoming ‘Trump Election’ – Here’s Why

Fundstrat’s Tom Lee is issuing a warning that financial markets should be navigated with caution until the 2024 US election…

September 3, 2024

JPMorgan Chase Takes $29,900,000 Loss On LA Apartment Complex in Deal With ‘Mega Landlord’: Report

JPMorgan Chase has reportedly unloaded a major real estate investment in Los Angeles, taking an eight-figure loss. JPM's Investment Management…

September 2, 2024

JPMorgan Chase Accidentally Drains $4,000 From Wells Fargo’s Customer’s Bank Account, Pushing Balance Into Red for Days: Report

Update 9/15/24: CBS News now says the check was cashed for the wrong amount by JPMorgan Chase, not Wells Fargo.…

August 31, 2024

$9,580,000,000 Pours Into US Bond Funds As Global Markets Anticipate Imminent Federal Reserve Rate Cuts: Report

Investors are pouring capital into US and global bond funds in anticipation of rate cuts from the Federal Reserve. In…

August 31, 2024

Russia To Launch New Cryptocurrency Trial for Cross-Border Payments To Overcome Sanctions: Report

Russia is reportedly gearing up to launch a new crypto-based cross-border payments system in an effort to overcome economic sanctions.…

August 26, 2024

Police Take $43,000 Cash From Jewelry Business Under Controversial Law Allowing Warrantless Money Seizures: Report

A small business run by a husband-and-wife duo is reportedly out $43,000 after police decided to seize a cash transfer…

August 24, 2024

472,000 JPMorgan Chase Customers Can’t Pay $400 ‘Expense Shock’ by Any Possible Means – Including Credit Cards: Report

A new report from JPMorgan Chase is shedding light on how many Americans can afford to pay for an emergency.…

August 23, 2024

$5,220,000 Guaranteed Income Program Will Hand Cash Directly To Families in Large US County

A new guaranteed income program is preparing to hand millions of dollars to a select group of families in Colorado.…

August 23, 2024

Billionaire Peter Thiel Proposes ‘Insanely Unpopular’ Measures To Solve $1,500,000,000,000 Budget Deficit

Tech billionaire Peter Thiel is outlining a number of concrete steps that the US government can take to reduce its…

August 21, 2024