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Financeflux

$1,600,000,000,000 Bank Warns ‘Original Sin’ of Money Printing Will Force US Into Recession

A US recession is likely around the corner, according to a new forecast from Societe Generale economist Kokou Agbo-Bloua. Agbo-Bloua,…

July 13, 2023

JPMorgan Chase Suffers $1,100,000,000 Loss As Six US Banks Execute Massive Write-Offs: Report

The largest banks in the US are reportedly taking big hits to their bottom line as borrowers default on billions…

July 12, 2023

US Banking Giant Pays $250,000,000 Fine for Imposing Hidden Fees, Credit Card Fraud and Opening Customer Accounts Without Permission

One of the largest banks in the US has agreed to pay a $250 million fine for imposing a series…

July 11, 2023

Billionaire Chamath Palihapitiya Warns Corporate America To Hit Massive Wall of Debt in Looming Credit Crisis

Billionaire venture capitalist Chamath Palihapitiya says that a looming credit crisis could burn a hole worth trillions of dollars in…

July 11, 2023

BRICS Planning To Replace US Dollar With New Trading Currency Backed by Gold: Report

An economic alliance of nations known as BRICS is reportedly preparing to introduce a new currency that's designed to dethrone…

July 10, 2023

JPMorgan Chase Has Paid $38,995,000,000 in Fines for Banking, Securities and Additional Violations As New SEC Enforcement Action Kicks In

JPMorgan Chase is approaching the $39 billion mark in total fines imposed by US regulators, enforcement agencies and lawsuits related…

July 8, 2023

US Debt Explodes by $865,000,000,000 in One Month – Larger Than Finland, Hong Kong and Greece’s Combined GDP

The US national debt has surged by nearly a trillion dollars in just one month. The latest numbers from FiscalData…

July 8, 2023

Second Wave Of Banking Crisis Incoming, Crash Could Rival 2008 Global Financial Fallout: Macroeconomic Expert George Gammon

Macroeconomic expert George Gammon believes a second wave of bank failures is on the horizon. In a new update to…

July 7, 2023

BlackRock CEO Larry Fink Calls BTC Digital Gold, Says Spot Bitcoin ETF Will Democratize Crypto Investments

BlackRock CEO Larry Fink believes that a spot Bitcoin (BTC) exchange-traded fund (ETF) would make crypto investments more accessible to…

July 7, 2023

Billionaire Mark Cuban Says Crypto Better Option for Many Financial Activities – Here’s Why

Billionaire celebrity investor Mark Cuban thinks blockchain technology is a better option for traditional finance (TradFi) activities. The Dallas Mavericks…

July 7, 2023