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Regional banks trying to unload commercial real estate loans as new crisis looms

Regional banks are currently scrambling to sell down their commercial real estate loan portfolios to minimize their risk amid fears of more bank runs like those seen late last year. The stress [.]

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Bond investors warn: Brace for INEVITABLE RECESSION caused by Fed's continued RATE HIKES

Bond investors warned that the U.S. is heading toward an inevitable recession – all thanks to the Federal Reserve's continued interest rate hikes. The investors' warnings contrasted [.]

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Westfield stops making mortgage payments on massive mall in San Francisco as city collapses into shambles

Citing skyrocketing crime incidents and tanking sales, Westfield has stopped making mortgage payments on a mall facility in downtown San Francisco, which is seeing an exodus of retailers and [.]

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BRICS members discuss possible expansion and creation of common currency to challenge US dollar's supremacy

The members of the BRICS bloc of major emerging economies have recently met to decide on adding new members and creating a common currency to challenge the United States dollar. The five nations [.]

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