Tagged Under: financial crash
11/16/2023 / By Arsenio Toledo
The House of Representatives has passed another stopgap funding bill, once again delaying a long-term solution for the government budget and making...
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11/15/2023 / By Zoey Sky
Residents were taken by surprise as many local bank branches began closing all over San Francisco while the city’s economic decline continues...
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11/14/2023 / By Arsenio Toledo
Owners of clothing factories in global fashion manufacturing hub Bangladesh are asking major clients to help them pay for a 56 percent...
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11/08/2023 / By Kevin Hughes
Big Banks all over the world are breaking records after laying off tens of thousands of employees, including over 20,000 American...
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10/19/2023 / By Arsenio Toledo
The interest rate for the 30-year fixed mortgage, one of the most popular kinds of mortgages in the United States, just hit a record-high of 8.45...
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10/17/2023 / By Arsenio Toledo
Drugstore chain Rite Aid has filed for Chapter 11 bankruptcy protection in New Jersey owing to soaring debts and said it would be closing...
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10/03/2023 / By Richard Brown
Amid the closure of several of its stores, Target has announced its partnership with the U.S. Department of Homeland Security to address the surge in...
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09/28/2023 / By Arsenio Toledo
The American housing market is heading for a crash that may be bigger than the one experienced by homeowners in the 2008 financial crisis. "This...
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09/26/2023 / By Arsenio Toledo
Prices for homes in Germany fell by a record level during the second quarter of the year as higher interest rates and rising materials costs are...
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09/22/2023 / By Belle Carter
The United States gross national debt just exceeded $33 trillion on Friday, September 15, three months after the federal government's debt eclipsed...
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09/14/2023 / By Richard Brown
Carlos Lopez traveled from Tampa to Orlando to purchase a car only to be told that Florida-based dealership chain Off Lease Only has closed down and...
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09/13/2023 / By Arsenio Toledo
The average household income of Americans fell in 2022 for the third straight year as the cost of living rose and their living standards continued to...
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09/05/2023 / By Arsenio Toledo
The government is not getting its massive spending under control, and this could undermine the Federal Reserve's ongoing fight against...
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08/17/2023 / By Zoey Sky
Yellow, the freight-trucking company formerly known as YRC Worldwide, is struggling and filing for bankruptcy three years after receiving a $700...
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08/16/2023 / By Arsenio Toledo
Over 40 other countries are looking to join the BRICS bloc of developing economies. If these nations were given the opportunity to be full-fledged...
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08/09/2023 / By Arsenio Toledo
The total credit card debt in the U.S. has breached the $1 trillion mark. This is according to the Federal Reserve Bank of New York, which noted...
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08/07/2023 / By Arsenio Toledo
Banks in the United Kingdom are closing more than 1,000 accounts every working day. The figures come from an audit conducted by the Financial...
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08/03/2023 / By Arsenio Toledo
Since the suspension of the United States' debt limit in early June, the government's debt has spiked by almost $1.2 trillion to nearly $32.7...
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07/31/2023 / By Arsenio Toledo
Major holders of United States Treasury bonds are selling off American debt at an alarming rate. Even the two major holders of U.S. Treasuries –...
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07/31/2023 / By Belle Carter
In line with the massive campaign to ditch physical banking services to pave the way to central bank digital currency (CBDC), nearly 100 bank...
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