Another round of banking crisis?
New York Community Bank #NYCB shares fell more than 35% today. The bank reported an unexpected loss for the fourth quarter and also cut its dividends. This is the same…
Indebted America
Interest payments on the U.S. national debt have reached the level of one quarter’s federal budget revenue. In other words, American taxpayers effectively work for three months each year solely…
Bitcoin ETFs amass 95,000 BTC in 6 days, approaching $4B AUM
Fidelity’s (FBTC) and BlackRock’s iShares Bitcoin Trust (IBIT) have both had over $1.2 billion in inflows in the first six days of trading. The recently approved spot Bitcoin exchange-traded funds…
Massive strikes by the Russian Armed Forces
Chronicles of the Special Military Operation for January 18, 2024 On the night of January 17-18, the Russian Armed Forces launched a series of massive strikes on the territory of…
Ansarullah’s missile range
They can easily target U.S. Forces in most of the Middle East, including bases in Syria and Iraq.
Citi to cut 20,000 jobs, posts $1.8 billion loss in ‘disappointing’ quarter
Citigroup said it will cut 20,000 jobs over the next two years, acknowledging a “clearly disappointing” quarter marred by one-off charges that led to a $1.8 billion loss. The lender…