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PowerOutage.us is an ongoing project created to track, record, and aggregate power outages across the United States.
by Tyler Durden Bitcoin soared above $72,000 for the first time in history this morning, far surpassing its historical (inflation-adjusted highs)… Source: Bloomberg “This rally comes following a weak Asian trading session in which shorts tested the conviction of longs…
By SRH, Earlier this week, in a Senate Banking Committee, the esteemed Fed Chair Jerome Powell reluctantly acknowledged that the United States is bound to confront a series of unavoidable banking collapses this year. However, he audaciously asserts that this…
by Tyler Durden Authored by Brian Nibley via Finance Magnates.com, With spot Bitcoin ETFs having been approved the same year that the halving is set to take place, many newcomers to the space may be wondering: what is the Bitcoin…
By SRH, In the stock market today, benchmark U.S. crude oil for April delivery experienced a decline of 92 cents, settling at $78.01 per barrel on Friday. Similarly, Brent crude for May delivery also fell by 88 cents, reaching $82.08…
By SRH, Steve Mnuchin, the former Treasury Secretary under Trump, has joined forces with his associates from his time as a foreclosure mogul at OneWest and various hedge funds and private equity firms to orchestrate a takeover at the struggling…
By Pam Martens and Russ Martens: On June 11, 2015, the Office of Financial Research (OFR) released a sobering report on how banks were reducing their requirements to hold adequate capital against potential losses by engaging in non-transparent “capital relief trades” with…
By Pam Martens and Russ Martens: The widely respected banking and Wall Street watchdog, Better Markets, has a new report out on the latest teetering bank holding company, New York Community Bancorp (ticker NYCB). The title of the well-researched report pretty much…
Earlier in the year Silicon Valley Bank failed March 10 and then Signature Bank failed two days later, ending the unusual streak of more than 800 days without a bank failure. Before Citizens Bank failed Friday, Heartland Tri-State Bank failed…
BanksterCrime: The worst banks in America of 2024 It’s important to keep in mind that even if a bank is featured here, that doesn’t mean it should be avoided at all costs — these are still major businesses with large…
BanksterCrime: By Pam Martens and Russ Martens: On Tuesday, the Vice Chair for Supervision at the Federal Reserve, Michael Barr, delivered a speech at a risk management conference in Manhattan. Barr’s objective was to convince conference attendees that the Fed has its…