Recession 2024: Everyone knows the story of Pakistan’s collapse. Due to his mistakes, he is getting buried under the burden of debt. But do you know that not only Pakistan, the world’s largest economy America is also deeply in debt. You will be surprised to know that today America has so much debt that with … Read more
[ad_1] Houston : The war room, the planning of quick relief (bailout packages) and the sounding of alarm bells of trouble at ‘home’. These are just some of the ways the biggest banks and financial regulators are preparing for a possible default on US debt. Brian Moynihan, chief executive officer (CEO) of America’s second largest … Read more
[ad_1] America, the most powerful and strong country in the world, can also default? We are not saying this, American Finance Minister Janet Yellen is saying this. Yellen has warned the government that if the debt limit is not increased before June 1, we will be unable to meet all the government’s obligations by the … Read more
[ad_1] First Republic Bank: JP Morgan Chase Bank has bought the troubled First Republic Bank and will take over all its deposits and most of its assets. The Federal Deposit Insurance Corp (FDIC) gave this information. 84 branches to open in 8 states with new branding The FDIC said Monday that California regulators have closed … Read more
[ad_1] IT Sector News: The performance of the IT sector in the fourth quarter is likely to remain poor as the results of two giants of the information technology (IT) sector fell short of the stock market estimates. Experts are showing the possibility of maintaining this trend for a quarter or two and only after … Read more