#USPS #PostalService #FinancialCrisis
www.npr.org
The Postal Service may be out of cash in 2027 without Congress' help, postmaster says
A U. S. Postal Service worker sorts packages behind a mail truck in Los Angeles in 2020. Kyle Grillot/AFP via Getty Images hide caption
If it continues business as usual, the U.
#Finance #Investing #FinancialCrisis
markets.businessinsider.com
A veteran finance pro who called the 2008 crash says 4 risks signal the next crisis could be worse
Stock market concentration, private credit, and AI fears are some of the key stressors he flagged.
Risks of a financial crisis are brewing, and it could be worse than the Great Recession, according to a longtime finance pro who predicted the 2008 crisis.
#USPS #FinancialCrisis #PostalService
www.aol.com
US Postal Service to ask Congress for urgent reforms to survive 'beyond next year'
WASHINGTON, March 16 (Reuters) - The U. S. Postal Service will tell Congress on Tuesday it faces a serious financial crisis and will run out of cash in less than a year in the absence of significant reforms.
#BankingRegulations #FinancialCrisis #CapitalRequirements
ca.finance.yahoo.com
Explainer-What is Basel and why has it been so contentious?
WASHINGTON, March 12 (Reuters) - U. S. President Donald Trump's bank regulators will unveil this month a new draft of sweeping capital rules that would overhaul how big banks gauge their risks and in turn the funds they must put aside to absorb potential losses.
#Iran #FinancialCrisis #BankingSecurity
www.businessinsider.com
Citi evacuates offices in the Middle East after Iran threatens to target banks
On Wednesday, reports suggested Iran could strike regional banks and financial targets.
Some of the biggest US banks are on high alert as the crisis in the Middle East worsens, causing lenders to issue updated security guidance to employees and even order them to leave their locations altogether.
#PrivateCredit #FinancialCrisis #InvestmentRisk
www.businessinsider.com
Veteran investor George Noble warns that a private credit crisis may be unfolding in real time
He said large firms halting redemptions in some private credit funds is a major warning sign.
George Noble, a longtime Fidelity fund manager and Wall Street veteran, sees big problems brewing in the booming private credit market.
W
#BankingRegulations #FinancialCrisis #RiskManagement
www.wsj.com
Canada Central Banker: Regulators Must Step Up Surveillance of Nonbank Lending
Stronger banking regulations introduced following the 2008-09 financial crisis have shifted riskier activities to nonbank participants such as hedge funds, pension funds and asset managers, diversifying risk and improving access to financing, according to Bank of Canada Governor Tiff Macklem.
#PrivateCredit #FinancialCrisis #InvestmentRisks
nypost.com
Ex-Goldman CEO Lloyd Blankfein sounds alarm on private credit -- ...
Former Goldman Sachs CEO Lloyd Blankfein has warned that the growing private credit market could lead to a financial crisis similar to the one in 2008, potentially affecting retail investors and the broader economy.
#PrivateCredit #FinancialCrisis #Investing
markets.businessinsider.com
Former Goldman CEO Lloyd Blankfein says markets are due for a 'reckoning,' and private credit could be the catalyst
Investors may realize one day that assets in the sector are mispriced, he said.
The executive who led Goldman Sachs through the Great Financial Crisis is sounding a warning about America's private credit machine.
#PrivateCredit #FinancialCrisis #InvestmentRisk
www.businessinsider.com
Former Goldman CEO Lloyd Blankfein says markets are due for a 'reckoning,' and private credit could be the catalyst
Investors may realize one day that assets in the sector are mispriced, he said.
The executive who led Goldman Sachs through the Great Financial Crisis is sounding a warning about America's private credit machine.
#FinancialCrisis #PrivateCredit #BankingRegulations
uk.finance.yahoo.com
I 'smell' a crash coming, says former Goldman Sachs boss
The man who led Goldman Sachs through the 2008 financial crash says he can "smell" a fresh crisis brewing.
Lloyd Blankfein said he saw parallels to the global financial crisis and saw signs the economy was getting closer to a crash.
#PrivateCredit #FinancialCrisis #InvestmentRisk
markets.businessinsider.com
Mohamed El-Erian warns of financial-crisis red flags after a major private-credit fund freezes withdrawals
Mohamed El-Erian thinks a recent development in private credit contains echoes of the financial crisis.
In a LinkedIn post on Thursday, the former PIMCO CEO flagged a Financial Times report that said private credit giant Blue Owl Capital is permanently halting withdrawals in its Capital Corporation II fund, a private debt fund that's open to retail investors.
#UnitedNations #FinancialCrisis #GlobalGovernance
nypost.com
Let the morally and financially bankrupt UN perish
"Imminent financial collapse," United Nations Secretary-General António Guterres hysterically predicted in a Jan. 29 letter to all UN member states, saying his reputationally challenged organization is so cash-strapped that it will run out of money by July, close its iconic Manhattan headquarters in August and cancel its annual General Assembly meeting in September.
#CostOfLiving #FinancialCrisis #Affordability
nypost.com
9 in 10 Americans believe we're in a 'cost-of-living crisis': Will...
Nine in 10 Americans believe we're in a "cost-of-living crisis," according to new research.
The survey, which polled 5,000 Americans, split evenly by state and generation, revealed 87% agreed that the U.
#Bitcoin #Crypto #FinancialCrisis
www.businessinsider.com
'Big Short' investor Michael Burry details the 'sickening scenarios' he sees if bitcoin continues to fall
In the worst-case scenario, Burry said he saw crypto miners going bankrupt and metals plunge.
Michael Burry is forewarning of a new type of financial catastrophe -- one that could happen if bitcoin doesn't break its nosedive.
#UnitedNations #FinancialCrisis #GlobalGovernance
abcnews.go.com
United Nations faces 'imminent financial collapse' without urgent action, UN chief says
UNITED NATIONS -- The United Nations chief is warning that the world body faces "imminent financial collapse" unless its financial rules are overhauled or all 193 member nations pay their dues -- a message likely directed at the United States and the billions it owes.
#UnitedNations #FinancialCrisis #GlobalGovernance
apnews.com
United Nations faces 'imminent financial collapse' without urgent action, UN chief says
The United Nations chief is warning that the world body faces "imminent financial collapse" unless its financial rules are overhauled or all 193 member nations pay their dues -- a message likely directed at the United States and the billions it owes.
