The Banks: “Unrealized Losses” in Q4, Securities Held by Banks, Bank Failures, and the Dropping Bank Count – WOLF STREET

Several banks will fail in 2024. Five banks will fail in 2023. In 1989, more than 500 banks failed. Since 1936, there have been only five years without a bank failure. Written by Wolf Richter of Wolf Street. The plunge in long-term interest rates (now partially reversed) inspired by the rate cut mania at the […]
The Biden Family Bagged $5M from Business Partner of ‘White Wolf’ Chinese Criminal Gang Leader Who Helped Create the Fentanyl Pipeline Decimating America

The Biden family received $5 million from a business partner in the Chinese crime leader White Wolf, who helped create the fentanyl pipeline now crippling the United States, Peter Schweitzer says in a new book. It describes in detail. Blood Money: Why are those in power turning a blind eye while China is killing Americans? […]
Our Drunken Sailors’ Credit Card Balances, Burden, Delinquencies, and Available Credit – WOLF STREET

Credit cards are the primary payment method for everything from business travel reimbursements to e-commerce and bar tabs. And some people borrow it and use it. Written by Wolf Richter of Wolf Street. Credit cards are a measure of spending, not borrowing. They are the primary payment method for consumers in the United States and […]
CNN cuts to commercial as Wolf Blitzer looks like he’s about to vomit

On Thursday, CNN immediately went to a commercial break after anchor Wolf Blitzer nearly threw up during an interview with House Oversight Committee Ranking Member Jamie Raskin. As Raskin (D-Md.) talked about the controversy in Colorado over putting Donald Trump on the ballot, Blitzer appeared to be trying not to feel sick. , repeated the […]
CNN’s Wolf Blitzer annoyed when panelist defends Nikki Haley over remarks about US never being racist

CNN host Wolf Blitzer sparred with a panelist on Tuesday's show after the analyst defended Nikki Haley's comments about America's history of racism. Blitzer and the other panelists were reacting to Haley's comments about racism in America. “We're not a racist country, Brian. We've never been a racist country,” Haley told Fox News host Brian […]