US Domestic Deposits Tumble $60BN As Small Bank Loan Volumes Shrank Most Since SVB Money-market funds saw a small outflow last week (surprisingly small given how close to Tax-Day we are), leaving them still near record highs over $6 Trillion (and the trend of increased deposits at banks has been accelerating) Source: Bloomberg Interestingly, amid all the talk of tapering QT, The Fed balance sheet was basically unchanged last week (-$1.4BN) Source: Bloomberg as The Fed's (now...
Embed Investigative Reporter at Illinois Answers Project/Better Government Association Meredith Newman joins the Steve Cochran Show to discuss the reasons behind the surge of extreme rain events experienced in this decade, what makes flooding the most threatening natural disaster in the state, and potential solutions to prevent the next big flooding disaster.
The International Monetary Fund (IMF) has warned that severe cyber attacks against financial institutions could lead to major bank runs and market selloffs. While this hasn’t happened yet, the IMF has observed these effects on a smaller scale after a cyber attack hits a bank.
By Stephen Johnson, Business Reporter for Daily Mail Australia Published: 11:50 p.m. EDT, April 16, 2024 | Updated: 00:44 EDT, April 17, 2024 ANZ Bank is preventing its customers from ordering a new checkbook in just eight weeks.The bank's 8.5 million Australian customers were told via email on Wednesday that internet banking customers will no longer be able to order a deposit book of checks from June...
This has to be a tough start to the week for Donald Trump. After a flurry of Hail Marys failed to delay District Attorney Alvin Bragg's case, the former president now sits in a New York City courtroom as his hush money/election interference trial gets underway. To make matters worse, his beloved social media company, Trump Media & Technology Group (DJT), is getting pummeled in the stock market. Three weeks ago, DJT began trading, and anyone — from MAGA supporters to foreign sovereign wealth...
The council has a backlog of repairs
Reuters reports the ultra-low-cost-carrier is looking for ways to keep their finances balanced after a planned merger with JetBlue was denied by a federal court. New Deliveries Pushed Back to 2030, Furloughs Begin in September Even though travel demand is reaching new heights after the pandemic, Spirit Airlines has not had a profitable […]
Life cycle diagrams are ubiquitous in science textbooks, and they may be due for some updates. A new study finds simple design changes in these diagrams can have a dramatic impact on the ability of undergraduate students to understand key biology concepts.
The Central Bank of Egypt (CBE) announced an increase in daily cash withdrawal limits, the country’s State Information Service reported on 15 April. Bank branches now allow withdrawals of up to EGP 250,000 (USD 5,170) for individuals and companies – up from EGP 150,000 (USD 3,102) in January 2024. The adjustment, the second of its kind, follows the previous lift from EGP 50,000 (USD 1,034) to EGP 150,000 (USD 3,102). The daily ATM withdrawal limit was also raised to EGP 30,000 (USD 620) from the...
It's increasingly clear we're not allowed to share select thoughts in public. We saw that with Hunter Biden's laptop and contrarian views about the pandemic. The Twitter Files exposed how both topics got censored beyond a reasonable doubt. https://twitter.com/EricAbbenante/status/1775251012481134787 https://twitter.com/nypost/status/1591059661439975424 In each case, Big Tech made sure the truth couldn't dent The Narrative. Now, two separate film projects may be facing Big Tech censorship. And,...
Instant, temporary communities sprang up on Monday, as people from all over the country shared photo tips, snacks and viewing advice.
WrestleMania 40 kicked off on Saturday with night one and Seth Rollins teamed up with Cody Rhodes to face The Rock & Roman Reigns in the main event. Seth & Cody battled The Rock & Roman for nearly forty five minutes, but in the end it was Rock & Roman who picked up the victory […]