Policies
Policies
JPMorgan Chase and Bank of America Experience $4.5 Billion in Losses
The two largest banks in the United States are anticipating a combined loss of $4.5 billion due to c…
US Regulators Force Closure of $10 Billion Bank in First Bank Failure of 2024
US regulators have recently announced the first bank failure of the year 2024. The Federal Deposit I…
The Transfer of $90 Trillion in Wealth to Generation Z and Millennials
A new report suggests that the transfer of wealth from baby boomers to their peers is a prime target…
China Sells $74 Billion Worth of US Treasuries in One Year While Two BRICS Nations Make Statements
China has recently made a significant move in its financial strategy by selling over $74 billion in…
US City Launches Latest Guaranteed Income Experiment, Distributing $2,250,000 Unconditionally
After meticulous planning for three years, a city in the United States is reportedly just a few mont…
Report: Thousands of Australian Bank Customers Denied Access to Withdrawals, Forced to Travel 500 Miles for Cash
A recent report reveals that a group of banking customers in Australia are experiencing the conseque…
Wells Fargo and Citigroup Suffer $38.4 Billion in Deposit Outflow Within a Year; JPMorgan Chase CEO Cautions Federal Reserve
New data reveals that two of the largest banks in the United States are experiencing significant dec…
New Guaranteed Income Pilot Program Launched in Major US City, Offering $1,300,000 in Opportunities
Austin, Texas, one of the largest cities in the US, is making preparations to distribute $1.3 millio…
Former IMF Deputy Director: US Banks Facing $930 Billion Debt Influx as Hopes for Interest Rate Reversal Diminish
An IMF insider is sounding the alarm on another potential banking crisis in the US, as inflation hea…
Former Treasury Secretary Larry Summers Warns That a Fed Rate Cut Would Pose Significant Risks and Be an Unjustifiable Mistake
Larry Summers, a former Treasury Secretary, is cautioning against a potential rate cut by the Federa…