Search

Nalezeno "America": 1209

JPMorgan, Bank of America, Wells Fargo Sued Over Trump’s Paycheck Protection Program

22.4.2020
Class action lawsuits have been filed against JPMorgan Chase, Bank of America, Wells Fargo, and U.S. Bank for their alleged unlawful and fraudulent practices in the Paycheck Protection Program. This program is part of President Trump’s $2.2 trillion stimulus package to help small businesses...

Americans Purchase $1,200 Worth of Bitcoin, While 7 Banks Fumble With Stimulus Payments

20.4.2020
For years now, bitcoiners and cryptocurrency proponents have said the antiquated banking system will not continue to survive for very long and the financial system is showing massive cracks these days. The recent stimulus check fiasco is a prime example of the issue, as customers from PNC, JPMorgan...

America’s Banks Can Simply Bail Themselves Out – Thanks to the Fed’s $27 Trillion Blackrock Deal

20.4.2020
Mainstream media has been awfully quiet about all the fraud and manipulation stemming from the global bureaucracies’ newly enacted covid-19 reaction policies. In the U.S. amid all the commotion and fear, the Federal Reserve granted special powers to the giant private equity firm Blackrock....

Largest US Banks Expect Billions in Loan Losses, Profits Plunge

19.4.2020
Several of the largest U.S. banks have set aside billions of dollars in reserves as they expect massive losses from loan defaults, sending their profits nosediving. Wells Fargo’s first-quarter earnings fell a whopping 90% while JPMorgan Chase’s profit dropped 70%. Bank of America...

$2,000 a Month: US Lawmakers Propose Basic Income for Americans to Cope With Covid-19 Economy

16.4.2020
Democrats from the House of Representatives have introduced legislation that would pay eligible Americans $2,000 a month until U.S. unemployment numbers return to pre-covid-19 levels. Under the proposal, any American citizen 16-years or older making less than $130K per year would receive monthly...

JPMorgan, Bank of America, Deutsche Bank Predict Major Recession

11.4.2020
Big banks are predicting a major recession, the deepest one in the post-war era. JPMorgan Chase CEO Jamie Dimon said his bank cannot be immune to the resulting financial stress while Bank of America expects the U.S. economy to “collapse” and Deutsche Bank has forecasted a severe global...

Blockchain App Used to Track COVID-19 Cases in Latin America

6.4.2020
To prevent the spread of the coronavirus in Latin America, blockchain startup Emerge is working with authorities to release a tracking app

Corporate America Knows the Bailout Is Baked In

3.4.2020
Corporate America has embraced fragility, says Nic Carter. Its business model depends on a bailout

As Governments Rush to Track Coronavirus, Honduras May Offer a Privacy-First Model

2.4.2020
A blockchain startup working in Honduras may show world governments how to limit surveillance overreach while still fighting the deadly coronavirus

Printing Money from Thin Air – How the Fed Reduces Purchasing Power and Makes You Poorer

26.3.2020
Unless you have your head in the sand, you’ve probably realized that governments and central banks can print money out of thin air and in unlimited amounts. The United States and the Federal Reserve have been creating money from nothing for years because they had exhausted all their monetary...

World’s Largest Banks Losing Stock Value During Weeks Marked by Pandemic

25.3.2020
The spreading coronavirus infection is taking a toll on the global economy and traditional financial institutions are already hurting. The world’s largest banks have seen their stocks losing value over the past weeks and months while facing cash withdrawal pressure and preparing to deal with...

Cardano CEO Thinks Trump is Calling America’s Bluff With Easter Reopening

25.3.2020
Ethereum co-founder Charles Hoskinson thinks Trump’s Easter pledge is a tactical move to prevent Americans from “panicking or relocating”

Shelter-in-Place for Cash? 2 Bills Submitted by US Congress Mention ‘Digital Dollars’

24.3.2020
During the last few days, members of the U.S. Congress have been trying to pen a stimulus plan to help the American economy. Since then, a few bills have been submitted by representatives and two particular proposals House democrats have tabled talk about a “digital dollar”...

#NotDying4WallStreet – Twitter Trends Show People Are Fed Up With Wall Street, Banks and Oligarchs

24.3.2020
As the coronavirus outbreak causes havoc to the world economy, the U.S. is trying to prepare for the onslaught of new cases. U.S. politicians crafted shelter-in-place orders in various states and shut down a decent fraction of American industries. Now politicians are penning an enormous bailout...

The Multi Trillion-Dollar Stimulus Package: These Are the US Corporations Begging for Bailouts

23.3.2020
The coronavirus outbreak has caused considerable damage to the global economy and this week the U.S. is facing the onslaught of the scare. As Republicans and Democrats battle in congress over a 2020 stimulus plan, corporate industries are leaping at the chance to get a bailout. While the Fed tosses...

Coronavirus Bailouts: US Banking Watchdogs Waive Hundreds of Regulations, Red Tape, Financial Oversight

23.3.2020
In 2019, cryptocurrency and blockchain businesses saw more regulation than any year prior. G20 finance ministers, central bank governors, and regulators cracked down hard on the bitcoin industry. However, during the covid-19 scare, U.S. authorities have been dropping regulations on a whim, making...

Can’t Lock Down Bitcoin: Trump Ponders Halting Stock Trading, Grounding US Passenger Flights

21.3.2020
In the wake of the coronavirus outbreak and a looming recession, U.S. President Donald Trump and his administration are contemplating halting stock markets next week. The White House is currently considering grounding all passenger planes and ordering a nationwide shelter. However, bureaucrats from...