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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Trump Blackballs Lobbying Firm Over Controversy Related to His ‘Crypto Strategic Reserve’ Truth Social Post: Report

President Donald Trump has reportedly blackballed a lobbying firm that he thinks manipulated him into posting on social media about XRP. In early March, Trump announced on his Truth Social…

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