Times have been hard for Wall Street banks lately, what with record amounts of cash pouring in and causing all kinds of bookkeeping headaches.
Bitcoin was created to bring back people's control over their own hard-earned money. Perhaps no greater example exists of how we don't currently have real influence over how our capital is being spent than banks getting bailouts from the governme
The cryptocurrency market has had a big bounce into the $300 billion range overnight. The massive volume spike was the most Bitcoin volume in a 24 hour period, ever. Could this be the beginnings of the institutional investment wave? John McAfee ap
Big government, big banks, and big tech are now all on the same side in the war against cash. Government -- we all know about already. Big banks -- they do not want to see the users of cash in retail transactions (for goods and services) getti
The largest bank in the United States, JP Morgan Chase, found itself the subject of a federal class action lawsuit this week. The complaint alleges that after hindering customers from buying cryptocurrencies, the bank charged enthusiasts extra fees a
American Federation of Teachers threatens to pull business from bank
The Japanese stock market fell, so the Bank of Japan bought more equity funds.
HousingWire reports Carrington Mortgage Services launches subprime lending program.
They say that goldfish have the shortest memory in the Animal Kingdom… something like 3-seconds.
Now bitcoin can provide economic researchers a new tool for exposing both currency manipulation and capital controls, in a way never thought possible before due to a lack of a perfect benchmark. This is done using similar methods to those arbitrage t
JP Morgan just won an important victory in its quest to have an unprecedented $8 billion jury verdict thrown out without its hordes of lawyers having to do one single thing.
Bank of America's Merrill Lynch routinely misled customers by telling them billions of stock trades had been managed in-house when they were actually turned over to outside firms, N.Y. says.
What a topsy-turvy world we live in thanks to Fed nonsense. Consider the outgoing NY Fed president's latest brainchild.
Europe's Stoxx 600 index is now down over 10% from its January highs, officially entering correction...
Defenders and critics of "free trade" and globalization tend to present the issue as either/or: It's inherently good or bad.
For the past 30 years fiscal deficits have been a big financial nothingburger because the Fed and other central banks gutted their sting. .
The global economy has been living through a period of central bank insanity, thanks to a little-understood expansion strategy known as quantitative easing, which has destroyed main-street and benefitted wall street.
The new head of China's Central Bank received his Ph.D. from University of Illinois and was a professor of economics at Indiana University in Indianapolis. In other words, he is a product of America as much as China. Bloomberg calls him a Technocra
Gold price suppression by the world's central banks is a well-documented fact, according to Singapore's BullionStar precious metals expert Ronan Manly.
Until two days ago, the critical level for both the Libor-OIS and FRA-OIS spread was the "psychological level" of 50bps.
Overnight weakness in cryptos started when Google ad-ban headlines hit overnight and accelerated as anxiety around next week's G-20 (and its potential for more crackdowns) builds.
Confirming previous reports, overnight Caixin announced that China plans to merge the banking (CBRC) and insurance regulators (CIRC) and to form a new agency called China Banking and Insurance Regulatory Commission (CBIRC) in the biggest industry ove
Amazon formed a mortgage lending division. The company seemingly wants to be a one-stop shop for everything.
Bitcoin has always been considered by its staunch supporters a tool to bring about personal financial freedom from government control and censorship as well as taxation via inflation. As such, most political players shun the cryptocurrency when they
Alhambra Investment Partners CIO Jeffrey Snider returned to Erik Townsend's MacroVoices podcast this week to discuss one of his favorite topics: How central banks' use gold lending to manipulate their balance sheets, and also to manipulate the br
Amazon could rival the nation's big banks in as few as five years, capitalizing off its digital prowess and massive consumer base, according to a Bain & Company report.
In this video, Josh breaks down how a Polish central bank has been paying YouTubers to make anti-cryptocurrency fearmongering videos and what this means for the spread of FUD in the market by the media.
Banks and bitcoin are odd bedfellows, but they do share some things in common. To its proponents, bitcoin is the future of money, but it still takes "traditional" money to purchase cryptocurrency, and right now, banks control the conduits. If the
Perhaps cryptocurrency's largest institutional nemesis is JP Morgan Chase. Led by the ever-belligerent Jamie Dimon, it and he have taken numerous opportunities to sandbag bitcoin and its spawn. Theories about why have long circled, but now there ap
BofI Holding or Bank of Internet could still have lots of room to grow.