Category: Finance & Economy
Spirit Airlines Files For Bankruptcy Protection But Plans To Keep Flying
WASHINGTON — After years of financial losses and a failed merger attempt, Spirit Airlines filed for Chapter 11 bankruptcy protection on Monday. The low-cost carrier announced it[more...]
Healthcare Stocks Head For Worst Week Since 2020 As Put Volumes Soar
Healthcare stocks in the S&P 500 were headed for their worst week since 2020 on Friday. President-elect Donald Trump's decision to nominate vaccine skeptic RFK[more...]
Russia’s Mir Payment System Connected To Iran’s Shetab
Today on November 11, in an official ceremony in Tehran with the presence of Iranian CBI Governor Mohammad Reza Farzin, and a group of bank[more...]
Biden Announces $425 Million In Military Aid For Ukraine
U.S. President Joe Biden spoke to Ukrainian President Volodymyr Zelenskiy on Wednesday about efforts to surge security assistance to Ukraine and announced a new $425[more...]
Russian Court Freezes Funds Of US Banks JP Morgan And Mellon
The Moscow Region Arbitration Court on Wednesday froze funds of the U.S. Bank of New York Mellon (BK.N), opens new tab held by the Russian branch of[more...]
Major US Banks Closed 55 Branches In Just Two Weeks
US banks have closed more than 50 branches in just two weeks, as the march towards online banking continues to decimate local services. Wells Fargo,[more...]
Bitcoin Price Crash; Warning Issued As The Fed Suddenly Braces For A U.S. Dollar ‘Crisis’
Bitcoin and crypto prices have surged this year as the U.S. dollar index falls to year-to-date lows The bitcoin price is trading around $60,000 per[more...]
Warren Buffett’s Berkshire Hathaway Dumps Nearly $1B In Bank Of America Shares
Billionaire investor Warren Buffett’s Berkshire Hathaway sold nearly $1 billion worth of Bank of America shares as his firm continues to cut its stake in[more...]
China, US to Set Up Contact Group for Cases of Financial Stress
China’s central bank said a meeting in Shanghai produced an agreement with the US Treasury to appoint contact people to deal with any future “financial[more...]
Trump Floats Paying Off $35T National Debt Using Bitcoin
The United States government is adding $1 trillion to the national debt approximately every 100 days, sparking fears of runaway inflation. Former President Donald Trump[more...]
