Imagine this: five ex-Treasury heads sounding the alarm. They've seen crises before, but this time, they're worried about America's money promises being broken. They fear its Trump administration policies and Elon Musk's DOGE team are causing trouble. Their big worry? That America might default on i
The Consumer Financial Protection Bureau has been abruptly shut down. The directive was sent from Vought. It said the Consumer Financial Protection Bureau must cease nearly all of its work. It was created all the way back in 2010 when overtures from Obama and a disenfranchised public sparked the
Every day, from 2013 to 2017, Bitcoin and six other major financial assets like stocks, commodities, gold, foreign exchange, money market, and bonds were watched closely in China as a study tried to figure out the gold rush. The goal was to see if Bitcoin could be a shield or a buffer for investors.
Imagine this: a billionaire with a big plan, a consumer agency that put cash back in people's pockets, and a political move that could put the squeeze on everyday Americans. This is what happened when a major figure in tech made a bold statement about the Consumer Financial Protection Bureau (CFPB),
In a surprising move, Office of Management and Budget Director Russell Vought is now the acting head of the Consumer Financial Protection Bureau (CFPB). This change happens after Treasury Secretary Scott Bessent's short stint, who was accused of halting work at the bureau. Democrats had pushed back
Katie Bunton, a mother of twins and influencer from Byron Bay, has faced a financial turnaround when her spouse, Harry, lost his job last December. This event led to a re-evaluation of their lifestyle choices, and the family decided to move in with Harry's mother. This decision wasn't easy, but it w
People are often motivated by cash, even for something as important as vaccinations. In the case of COVID-19 vaccines, previous studies have shown that financial bonuses raise the number of people who get the shot. These studies concluded that the direct impact of cash incentives could be small but
The top lawyers from over a dozen American states are calling out some big names in finance. They think that BlackRock, Goldman Sachs, JPMorgan, and a few others aren't being honest about the risks of investing in China. This includes a possible invasion of Taiwan. These lawyers think it's a big dea
Disney recently shared its first-quarter results. Net income rose by 5% to a whopping $24. 69 billion compared to last year. Also, there was an attempt at favorable market expectations. The bankers at LSEG expected $24. 62 billion, they missed it by about $100 million. Likewise, the adjusted earning
Ken Griffin's Citadel isn't messing around, not even in a tricky market. In January, the hedge fund’s main strategy fund made a 1. 4%. looks pretty good when you're dealing with all five of its strategies - commodities, equities, fixed income, credit, and quantitative. 56-year-old Citadel'
