Financeflux

JPMorgan Chase CEO Jamie Dimon is addressing controversy over how and why some American citizens and businesses are abruptly finding themselves kicked out of...

The amount of unrealized losses on American banks' balance sheets is surging. In its new Quarterly Banking Profile for the fourth quarter of 2024,...

The popular payments platform Zelle is preparing to implement a major change to its mobile app services. The platform says it's preparing to terminate...

A US city is launching a cash aid program that will disperse millions of dollars per year to families living below the poverty line....

The capital markets firm Citadel Securities is reportedly planning on diving into the crypto sector. Bloomberg, citing "people familiar with the matter," reports that...

Big banks are quietly scrubbing the public record of their diversity, equity and inclusion (DEI) policies following US President Donald Trump's upheaval of the...

Investing legend Warren Buffett has built a record $334 billion cash position at Berkshire Hathaway. The firm's new fourth-quarter and yearly earnings reports show...

Billionaire Warren Buffett just issued an alert on the state of the US economy. In Berkshire Hathaway's annual letter to shareholders, Buffett warns the stability...

The total amount of household debt in the US has surged to a new record level. In its Quarterly Report on Household Debt and...

JPMorgan Chase, Wells Fargo and Bank of America say they've lost $5.188 billion from customers who have been declared unable to pay their bills....