The Federal Reserve is thinking about making it easier for big banks to hold onto certain types of investments. This change could free up around $223 billion for some of the largest financial institutions in the country. The rule in question, known as the enhanced supplementary leverage ratio, was
Alex Jones, the Infowars host, is in hot water. The person in charge of his bankruptcy case claims Jones tried to hide over $5 million from those he owes money to. This includes families of victims from the 2012 Sandy Hook tragedy. Jones has been in this bankruptcy mess for over two years. He claime
Switzerland's central bank, the SNB, has just made a big move. They've cut interest rates to zero. This is a significant step for a country that has been experimenting with negative rates. The goal? To control the strength of the Swiss franc, which has been surging due to global trade tensions.
At Home, the company known for selling home decor and furniture, is going through a big change. The firm has more than 200 stores across the United States. They have decided to file for Chapter 11 bankruptcy. This move is part of a plan to fix their financial problems. The goal is to get rid of $2
The National Weather Service has just made a big change. They can now issue heat advisories for Alaska. This is a first for the state, but it doesn't mean temperatures are breaking records. It's just a new way to communicate the heat's potential danger. Fairbanks is the first to get this advisory.
A new banking startup is brewing in Silicon Valley. This venture, tentatively named Erebor, is the brainchild of Palmer Luckey. He is the mastermind behind the Oculus VR headset and the defense tech firm Anduril. This new project aims to shake up the financial world. It has a focus on supporting tec
A significant number of power banks have been pulled from the market. The Anker PowerCore 10000, model A1263, is the one in question. It has a lithium battery that can overheat and cause fires. This is a serious issue. The US Consumer Product Safety Commission has reported 19 incidents. These i
It is a fact that as people age, their ability to handle money can decline. This is not just about forgetting to pay bills. It can be a sign of bigger health issues. Many health problems, like diseases that affect the brain or mental health conditions, can make it hard for older adults to make smart
The world economy is in for a rough patch. The World Bank has warned that growth is set to slow down significantly. This is mainly due to the ongoing trade disputes sparked by the U. S. government. The situation is so tense that it might lead to the slowest economic growth since the 1960s. The W
Todd Chrisley and his wife, Julie, are back in the public eye after a surprising turn of events. The former reality TV stars, known for their show, were released from federal prison. This happened after a presidential pardon. The couple had been serving time for serious charges. The Chrisleys w
