Tag: Banks

Over the past three years, bank lending to productive industries — what we might call the “real economy”— has consistently declined, with 2023 seeing a…

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The financial sector has found its way to the front of the queue when it comes to accessing Treasury ministers, receiving more facetime with ministers…

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Barclays announced at the beginning of August that its pre-tax profits for the first half of 2024 have reached a staggering £4.2 billion. In comparison,…

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“It was not the highly visible acts of Congress but the seemingly mundane and often nontransparent actions of regulatory agencies that empowered the great transformation…

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In 2022, the state of California celebrated a record budget surplus of $97.5 billion. Two years later, according to the Legislative Analyst’s Office, this surplus has…

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Reading the tea leaves for the 2024 economy is challenging. On January 5, Treasury Secretary Janet Yellen said we have achieved a “soft landing,” with wages…

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US banks are again in the crosshairs. Standard and Poor’s has downgraded five new middle-tier banks and put three others on negative outlook. This follows sweeping downgrades earlier in…

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Short sellers have made a killing in the recent banking crisis, scalping $14.3 billion from bank stock owners just in March of this year. Short sellers…

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According to an article in American Banker called “SEC’s Gensler Directly Links Crypto and Bank Failures,” SEC Chair Gary Gensler has asked for more financial resources to…

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Financial podcasts have been featuring ominous headlines lately along the lines of “Your Bank Can Legally Seize Your Money” and “Banks Can STEAL Your Money?!…

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Congress has passed two major infrastructure bills in the last year, but imminent needs remain. The 2021 Bipartisan Infrastructure Law chiefly focused on conventional highway programmes, and…

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George Monbiot in the Guardian on Friday suggested a frightening prospect about the food inflation we are currently experiencing. He says the problem has been…

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