Pacwest Stock Plummets Over 35% Following Release of Q1 Earnings Report Amidst Turmoil in Banking Industry

Following the acquisition of First Republic Bank by JPMorgan Chase, several regional banks such as Pacwest and Western Alliance experienced a significant drop in their stock prices. On Tuesday afternoon, all four major U.S. benchmark stock indexes are in decline as

Treasury Secretary Yellen Warns US Could Default on Its Debt by June 1

USA. Treasury Secretary Janet Yellen has warned that the Treasury will not be able to pay all of the government’s debt “as early as June 1, if Congress does not raise or suspend the debt limit before that time.” Yellen also

US Presidential Candidate RFK Jr. Says Bitcoin Provides An ‘Escape Route’ From Financial Turmoil

Esmaspäeval, Robert F. Kennedy Jr. once again cautioned the public to be wary of central bank digital currencies (CBDC-d), and he insisted that the Biden administration has launched asteady barrage of hostile broadsides against cryptocurrencies.Kennedy, who recently filed

BRICS Nations Working on Creating New Currency to Be Discussed at Next Leaders Summit: Aruanne

The BRICS nations are reportedly working on developing a new form of currency, which is expected to be discussed at the next BRICS leaders’ tippkohtumisel, according to a top Russian official. “The transition to settlements in national currencies is the first

Morgan Stanley CEO Says Inflation Has Peaked and China Has Made a Major Pivot

Morgan Stanley CEO James Gorman says two changes have happened recently thatreally matterto the economy. The executive explained that inflation has clearly peaked and China has made amajor, major pivoteconomically. Morgan Stanley’s CEO on U.S. Economy and

Robert Kiyosaki loodab, et Bitcoini investorid saavad Fed Pivots'iga rikkamaks, Trükib triljoneid dollareid

Kuulus autor enimmüüdud raamatust Rikas isa, vaene isa, Robert Kiyosaki, says that bitcoin investors will get richer when the Federal Reserve, riigikassa, and Wall Street pivot and trillions of dollars are printed. Robert Kiyosaki Predicts Bitcoin Investors

FTX Execs Gave $70 Million to Both Democrats and Republicans Heading Into the 2022 US Midterms

After the collapse of FTX, a number of journalists reported on the fact that FTX executives deployed significant donations to political leaders in the United States. During the most recent election cycle leading up to the U.S. midterms in 2022, aruanded…

Biden Accuses Twitter of Spewing Lies Across the World as Elon Musk Rolls Out Twitter Blue Subscription

Elon Musk has started rolling out a $7.99-a-month Twitter Blue subscription service. USA. President Joe Biden, Kuid, is concerned that the billionaire has bought a social media platformthat spews lies all across the world.Stating that there areno editors

White House Is Not Preparing for Recession — Chief of Staff Says US Economy Is Strong

White House Chief of Staff Ron Klain says that the U.S. is not in a recession. “The economy is growing. It is strong,” ta rõhutas. Lisaks, White House Press Secretary Karine Jean-Pierre said there are no meetings or anything happening

Fed kodifitseerib neljanda järjestikuse 75 bps intressitõusu — aktsiad, Bitcoin, ja Metals Rise

USA. Föderaalreserv tõstis kolmapäeval järjekordset intressimäära, nov. 2, 2022, tõstes föderaalfondide intressimäära (FFR) kõrval 75 baaspunktid (bps). Ameerika keskpank teatas kolmapäeval, et matka eesmärk on ohjeldada inflatsiooni ja…