Treasury confirms U.S. default on June 1 without debt ceiling increase
The Treasury says that the U.S. could go bankrupt as early as June 1 if…
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The dollar’s power is “coming to an end”
The “decline” of the dollar’s global dominance. Jim Rogers, an investor, says that US policies…
Eurozone reports surprising manufacturing data
Eurostat says that industrial production fell more than expected in March. Industrial output in the…
Treasury Secretary says US debt default might spark “worldwide panic”
Treasury Secretary Timothy Geithner has warned that a default on US debt may spark “worldwide…
Inventor Sam Altman warned Congress that ChatGPT might do “significant harm.”
AI “could go wrong.” ChatGPT’s creator, Sam Altman, has told the US Congress that the…
Euro-area home loans slide record-low
The ECB study found that lending was down because people thought there were more credit…
US banking crisis grows
After several other American banks left the business, PacWest is the latest to see its…
South American states escape dollar dominance
South American countries try to stay away from the dollar. Argentina has a lot of…
Italian mafia raids result in mass arrests
Italian authorities have successfully carried out targeted raids resulting in multiple arrests of suspected mafia…
US bank stocks experienced a wave of investor panic
Amidst growing concerns over the financial system’s health, mid-sized lenders have recently experienced a decline…
