Billionaire Chamath Palihapitiya Warns One Metric Hinting US Liquidity Crisis, Says Credit Health of Americans Blinking Yellow

Billionaire Chamath Palihapitiya is warning that one metric suggests that the financial health of American consumers is deteriorating. In a new episode of the All-In Podcast, Palihapitiya says he’s keeping…

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Wells Fargo Bearish on US Dollar As Standard Chartered Says USD Decline Signals Concern on America’s Long-Term Fiscal Path

Two banking giants are sounding the alarm on the US dollar. In a survey conducted by Reuters between April 30th and May 6th, about 55% of foreign exchange strategists who…

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25,000,000 Customers’ Personal Information At Risk As Telecom Giant Discovers Malware for Mass SIM Swapping

A telecom giant is offering 25 million people free SIM cards after a massive hack left its customers’ sensitive personal information at risk. SK Telecom, the largest mobile provider in…

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JPMorgan Chase Warns US Stocks ‘Not a Good Place To Hide’ As Paul Tudor Jones Braces for Fresh Market Lows

JPMorgan Chase just issued a market update, warning sentiment and macroeconomic data do not support a sustained recovery for stocks. Mislav Matejka, the head of global and European equity strategy…

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German Police Seize $38,260,000 in Crypto From eXch Amid Allegations the Exchange Laundered Hacked ByBit Funds

German law enforcement has seized tens of millions of dollars in digital assets from eXch, a controversial crypto exchange facing allegations that it laundered crypto stolen in the record-setting Bybit…

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JPMorgan Chase, Bank of America, Wells Fargo and Citigroup Set Aside $34,866,300,000 for Credit Losses Amid Rising Macro Uncertainty: S&P Global

JPMorgan Chase, Bank of America, Wells Fargo and Citigroup are collectively setting aside tens of billions of dollars to cover potential credit losses as economic uncertainty grows. The four largest…

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