Financeflux

Chinese authorities are moving to prevent further financial contagion as a bank run unfolds in one of its provinces. Thousands of customers lined up...

New numbers show the US government's spending exceeded its revenues to the tune of more than a trillion dollars in the recently concluded fiscal...

Engineers are investigating a banking glitch that triggered a total shutdown of billions upon billions of dollars in bank transfers in Japan. The glitch...

A major US city is preparing to launch a multi-million dollar basic income pilot. The city of St Louis, Missouri will hand out $4.86...

The US government is piling debt onto its balance sheet, adding more than half a trillion dollars in debt in just three weeks. New...

A business owner in Southwest Florida is searching for answers after hundreds of thousands of dollars vanished from her bank account. Tiffany Allen says...

Founding BRICS members China and Brazil along with newcomer Saudi Arabia are quietly unloading their US Treasury holdings. New numbers from the U.S. Treasury...

The Bank of International Settlements (BIS) is collaborating with central banks in Europe to develop a crypto and decentralized finance (DeFi) tracking system. In...

A trillion-dollar bank is rejecting a young couple who claims tens of thousands of dollars has disappeared from their account. 21 year-old Elli Houston...

The head of the Bank for International Settlements (BIS) says the global monetary system is evolving, and work must be done to ensure central...