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Financeflux

$677,000,000,000 Added To US National Debt in Three Months As BlackRock CEO Warns Situation ‘More Urgent Than I Can Ever Remember’

The US government just added more than half a trillion dollars to its balance sheet in three months. Data from…

March 31, 2024

1,000 Billionaires Begin $5,200,000,000,000 Transfer of Wealth – And the ‘Heirs To Billionaires’ Have Their Own Ambitions: Report

An astonishing and historic transfer of wealth among the world's super rich is accelerating, according to a new report. More…

March 31, 2024

Wells Fargo Accused of Overcharging Thousands of Customers, Concealing Predatory Practice for More Than 10 Years: New Lawsuit

A new lawsuit accuses banking giant Wells Fargo of overcharging thousands of customers on credit card interest rates and fees…

March 30, 2024

JPMorgan Chase Executive Steals $2,400,000 From Customers, Admits To Taking Cash from 74-Year Old Wheelchair-Bound Client

An ex-JPMorgan Chase executive has admitted to stealing $2.4 million from the banks' clients, new court documents show. In a…

March 30, 2024

Bank Lets Customers Withdraw More Than Available Balance, Triggering $14,000,000 Exodus in Matter of Hours: Report

A state-owned bank is clawing back millions of dollars from customers after a "routine system update" allowed people to take…

March 29, 2024

$236,000,000,000 in ‘Improper Payments’ Made by US Government in One Year, Exposing Material Weakness in Internal Controls: Report

The US government is botching hundreds of billions of dollars of payments per year, according to a new report. The…

March 29, 2024

$1,800,000 Up for Grabs As US City Launches Guaranteed Income Program With ‘Unrestricted Cash Payments’

A new guaranteed income pilot project is gearing up for launch in Massachusetts. The Somerville Guaranteed Basic Income Program is…

March 29, 2024

282 US Banks Suffer ‘Toxic Combo’ That Could Trigger Collapse, With $900,000,000,000 in Total Assets at Stake: Report

A total of 282 US banks with $900 billion in total assets are suffering from a "toxic combo" that could…

March 24, 2024

Billion-Dollar Bank Abruptly Freezes Woman’s Account and Refuses To Return Funds, Forcing Her To Rely on Family and Friends for Survival: Report

An Atlanta woman says a popular US bank abruptly froze her account and refused to let her cash out, leaving…

March 22, 2024

$167,911,000,000 Added To US National Debt in 20 Days As Citadel CEO Warns Government Spending at ‘Borderline Insanity’

The CEO of a $60 billion hedge fund says Americans should be alarmed about the country's rapidly expanding debt. New…

March 22, 2024