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US Lenders Lose $46,000,000,000 As Customers at Capital One, Citi, JPMorgan Chase, Synchrony, Discover, Citi and Bank of America Face Billions in Delinquencies – The Daily Hodl

Defaults on credit card loans are rapidly increasing in the United States. Financial institutions are currently seeing credit card defaults reach a 14-year high. report Financial Times. Bad credit has forced lenders to write off a massive $46 billion in loans that are believed to be seriously delinquent in the first nine months of 2024. […]

Billions Wasted on Leasing Empty Buildings

According to Sen. Rand Paul's (R-Ky.) annual Festivus Waste Report, the government wastes $10 billion maintaining, leasing, and furnishing vacant buildings. This year, Paul highlighted over $1 trillion in government waste, including “an ice-skating drag queen, a $12 million pickleball facility in Las Vegas, $4,840,082 on a Ukrainian influencer, and more.” “It's included!” “No matter […]

Trump weighs privatizing USPS to stop billions in taxpayer-funded losses: Report

President-elect Donald Trump is reportedly considering privatizing the U.S. Postal Service in a bid to prevent taxpayers from covering billions of dollars in losses. Three people involved responded to the interview. washington post President Trump expressed interest in reforming the Postal Service during a meeting with Commerce Secretary candidate Howard Lutnick at Mar-a-Lago, the report […]

Blinken grilled over ‘tens of billions’ US dollars sent to Taliban’s Afghanistan

Florida Republican Rep. Brian Mast criticized Secretary of State Antony Blinken for claiming that an estimated “tens of billions” of U.S. taxpayers have been sent to the Taliban since U.S. troops withdrew from Afghanistan. Mr. Mast, who was elected the day before to become the new chairman of the House Foreign Affairs Committee next month, […]

Bitcoin and Ethereum ETFs Add Billions Amid Record Week: CoinShares – Decrypt

Spot Bitcoin and Ethereum exchange-traded funds have seen unprecedented demand from institutional investors this year, with December numbers in particular continuing to impress. CoinShares said a record $3.85 billion flowed into digital asset funds last week, driven by insatiable demand on Wall Street. report on monday. BlackRock's iShares ETF accounted for $3.2 billion of these […]

‘I Was Stunned’: DNC Official Says Harris Took No ‘Responsibility’ For Blowing Billions During Campaign Donor Call

Democratic National Committee National Finance Committee Commissioner Lindy Lee said Tuesday that Vice President Kamala Harris is not “responsible” for her campaign spending billions of dollars while recruiting donors. . Harris' campaign and the Democratic Party reportedly spent nearly $1.5 billion during her brief presidential campaign, which began on July 21. Mr Lee told NewsNation […]