Moody’s Places 6 US Banks on Review for Downgrade
Credit ratings agency Moody’s has put six U.S. banks on review for downgrade, including First Republic Bank, which is one of the largest in the country.
Home Depot Founder Asks Americans to ‘Wake Up’ After Silicon Valley Bank Collapse
Home Depot's Bernie Marcus asked Americans to “wake up” to the reality that the U.S. economy is in “tough times,” following collapse of Silicon Valley Bank (SVB).
Biden Insists Financial System Is ‘Safe’ Following Failures of SVB, Signature Bank
President Biden on failures of banks, insists U.S. financial system is “safe” after Fed Reserve rolled out emergency lending program to stabilize banking system.
Government Steps In With Plan to Protect All Deposits at Silicon Valley Bank
Banking regulators announced an emergency measure to fully protect deposits at Silicon Valley Bank, a critical move in averting a panic over the bank’s collapse.
Federal Government Has 48 Hours to Fix ‘Irreversible Mistake,’ Billionaire Says
Several billionaires issued warnings over the weekend after the Silicon Valley Bank suddenly collapsed late last week and forced the federal government to step in.
Finance Sector Braces for Shockwaves After Silicon Valley Bank Collapse
Silicon Valley Bank became nation’s second-largest bank failure needing to generate $2.25 billion to cover decline in deposits and to improve financial position.
Americans are feeling gloomier than ever about their finances: Just 31% believe their situation...
Americans' confidence in their finances is at its lowest level in last 13 years, as inflation and fears of recession cast a pall of uncertainty over the economy.
Sen. John Kennedy: Congress has got to reduce the rate of growth of spending...
Congress must reduce the rate of growth of spending and reduce the rate of growth of debt accumulation if it wants to stop inflation proves Kennedy while grilling Powell.
Walmart Has ‘A Lot of Trepidation’ About Economy, as Consumers Feel ‘Very Pressured’
Walmart is concerned about the U.S. economic outlook this year after its latest earnings projections showed that consumers were under heavy pressure.
The Federal Spending Diet Book
The United States federal government needs to go on a spending diet and the Federal Spending Diet Book can help reduce spending by a trillion dollars.
Experts Warn New IRS Tax Rules Are a ‘Double Whammy’ for Families
IRS issued several releases warning about potentially lower tax refunds this filing season due to the fact that there is no expanded child tax credit.
GDP report reveals ominous Great Depression warning sign not seen since 1932
White House was quick to take credit for the state of the nation’s economy but this latest report should have alarm bells ringing, not trumpets sounding.
