Reports say the US intervened in yen markets, selling euros and buying JPY. It raises several questions: Is the United States bailing out the yen? Why? Why now? Unlike currency manipulation, the answers are surprisingly easy. It's what they amount to
On June 30, 2026, the USDA announced the Strengthening Processing for U.S. Ranchers (SPUR) program - $500 million in emergency help meant to save independent beef processors. But a massive question is already circulating in cattle country: Could a pl
The economy's dependence on AI comes with risks. Stock price/earnings ratios are near record highs. If lofty profit predictions prove wrong, share prices may tumble and investment could slow. The S&P 500 fell about 2% last week on concerns about a
Missouri: Cortney Merritts, the husband of former Democrat US Representative Cori Bush, a member of the far-left "Squad", has been charged with defrauding the US government out of $20,000 in payments under the Covid-era Paycheck Protection (PPP)
Medical debt is the largest source of debt in collection in the United States, and it's more likely to be held by women, people with disabilities and Black Americans.
Josh Sigurdson talks with Mark Gonzales about the push for bank bailouts all over the world right now as Greece, Germany, the UK, Switzerland, Canada and the US grapple with bank failures and bail out decisions.
...EXPOSED! On the PBD Podcast, Patrick Bet-David and the team discuss Boeing's financial struggles, its dependence on defense contracts, and competition with Elon Musk's ventures. They explore how Boeing's fortunes hinge on defense spending and th
The Next Big Bailout could be the mother of all bailouts: The Federal Government.
So says a new report from Michael Hartnett, Chief investment officer of Bank of America Securities.
The company sought protection under Chapter 15 of the U.S. bankruptcy code, which shields non-U.S. companies that are undergoing restructurings from creditors that hope to sue them or tie up assets in the United States.
Swiss government confirms Credit Suisse takeover by UBS and says, "the bankruptcy of a global systematically important bank would have caused irreparable economic turmoil."
When banks disappear… and your money with it. In 2020 they took your jobs, your businesses, your freedom of speech and freedom of movement. Now they're coming for your social security, your pension, your house.
...And Raises GDP Only 0.1%. Debt forgiveness of $10k per borrower would discharge around $300bn (1.2% of GDP) of debt but would boost consumption by less than by less than 0.1% of GDP over the year following implementation.