16j yang lalu
US National Debt Jumps $543,000,000,000 Since December 12 as Ron Paul Cautions Iran Conflict Risk
Data from the U.S. Treasury Department show the US national debt has increased by about $543,000,000,000 since December 12th, with the total now reported at $38.88 billion, roughly 7% higher than a year ago. Former Representative Ron Paul warns the ongoing confrontation involving Iran, the US and Israel could intensify borrowing, pressure the Federal Reserve to cut interest rates and expand bond purchases, and potentially set the stage for a downturn more severe than the Great Depression.
RON
RON-0.99%
16j yang lalu
1-31
RINA Accountants Sets $400,000 Fund, Offers Up to $10,000 Per Person After 2022 Data Breach
RINA Accountants & Advisors will create a $400,000 settlement fund to resolve a class action lawsuit over a February 28, 2022 cyberattack that exposed Social Security Numbers and other sensitive data. Affected individuals who document unreimbursed economic losses can claim up to $10,000 each and receive three years of credit monitoring with identity theft insurance of up to $1 million. Settlement claims and any objections must be filed by March 24, with a final approval hearing scheduled for May 14.
1-31
1-23
China and India Slash $10.3 Billion in US Treasury Holdings in November 2025
In November, China and India, both members of the BRICS bloc, jointly sold $10.3 billion worth of US Treasuries. China reduced its holdings by $6.1 billion and has cut a total of $86 billion between November 2024 and November 2025, while India lowered its stake by $4.2 billion, bringing its overall holdings down from $234 billion to $186.5 billion over the same period. The moves came as Danish pension fund AkademikerPension prepared to sell about $100 million in US government debt, a step the US Treasury Secretary characterized as insignificant.
Dipilih
1-23
1-17
JPMorgan Chase Reports Third-Party Hack Exposing Bank Account and ID Data of 659 Clients in 2025 Breach
On October 23, 2025, a shared network drive at law firm Fried, Frank, Harris, Shriver & Jacobson LLP used by JPMorgan Chase was accessed by an unauthorized party, exposing data tied to 659 bank customers. The compromised files contained names along with account numbers, Social Security numbers, passport or other government ID details, and contact information, and Chase is now notifying affected clients, urging them to watch for identity theft and offering two years of complimentary credit monitoring.
1-17
1-2
Bank of America CEO Brian Moynihan Projects 2.4% US Growth in 2026 Amid Consumer and Geopolitical Risks
On January 2, 2026, Bank of America chairman and CEO Brian Moynihan said the US economy’s prospects remain solid, supported by strong employment and rising wages. He noted the bank has lifted its 2026 growth forecast to 2.4% on expectations of tax cuts and increased business investment, while warning that weaker consumer spending or global conflicts could still threaten the outlook.
1-2
12-27
China, India and Brazil Shed $28.8 Billion in US Treasuries in October as JPMorgan Turns Net Bearish on Dollar for 2026
According to data from the Treasury International Capital System for October, Brazil, China and India jointly reduced their US Treasury holdings by $28.8 billion, with India cutting $12 billion, China $11.8 billion and Brazil $5 billion. Between October 2024 and October 2025, the three BRICS members offloaded a combined $183.2 billion in US debt, while J.P.Morgan's forex team projects a net bearish outlook for the US dollar in 2026.
12-27