Financeflux

The economic coalition of nations known as BRICS has "medium to long-term" ambitions to create a new global currency and challenge the US dollar,...

The economic coalition of BRICS nations is finalizing a plan to bring new countries into the group, according to an insider. In a new...

Americans have burned through a staggering $1.76 trillion in savings since 2020, according to new consumer data. Stats from the Federal Reserve show Americans...

One of the largest banks in the US will pay a $9 million fine for allegedly forcing its customers to suffer through illegal credit...

A federal agency that provides financial and economic data to the US Congress is projecting that the country's national debt will skyrocket over the...

The Federal Reserve just issued a fresh warning on the state of the US economy. A research note published by two Federal Reserve economists...

Members of the Council of the European Union have agreed on sweeping new measures for the freezing and confiscation of so-called "unexplained assets." The...

The four largest banks in the US now have a total of $205 billion in unrealized losses on their balance sheets, according to a...

The majority of countries are now accelerating toward building their central bank digital currency (CBDC) systems, and most of them are already nearing the...

Federal Reserve Chair Jay Powell says his agency is paying close attention to financial institutions that are heavily exposed to the commercial real estate...