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Business
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FDIC Has Only About Half the Cash Needed to Cover Roughly $264B in Deposits at Failed Banks, Report
President Biden says taxpayers aren't paying for failed bank losses because the money comes from the fees banks pay into the deposit insurance.
Interest Payments on National Debt Will Exceed Defense Spending This Decade, CBO Says
By: Casey Harper The cost of interest payments on the national debt will continue to grow as a…
Chinese Refining Giants Resume Purchases of Russia’s Flagship Crude
After a brief hiatus around the time the EU embargo and the G7 price cap on Russian crude…
U.S. Economy Could See Another Phase in COVID-19 Pandemic Inflation
The United States economy is not done with high consumer inflation. According to Wednesday's report by Fox Business,…
Iran, Russia Link Banking Systems Amid Western Sanction
Iran and Russia have connected their interbank communication and transfer systems to help boost trade and financial transactions,…
Pfizer Releases Official Response to Project Veritas Exposé
Long hours elapsed with no official response from Pfizer following Project Veritas releasing the fruits of an investigation…
Watch Pfizer Exec on Hidden Camera: We’re Exploring Mutating COVID Ourselves
A research director with the pharmaceutical giant Pfizer said the corporation is secretly exploring intentionally creating mutations of…
Russia and Iran Are Working on a Gold-Backed Cryptocurrency to Take on the Dominant Dollar, Report Says
Russia and Iran are reportedly working together to launch a cryptocurrency backed by gold, with the idea the…
Oil Price Could Surge to $140 Per Barrel on China Rebound and Russian Supply Loss: Analyst
Oil prices are likely to surge in 2023, as a result of multiple factors like a rebound in…
2022: Worst Year for S&P 500 Since 2008, $8.2 Trillion in Losses
By: Bethany Blankley The S&P 500 had its worst year since 2008 and saw its third annual decline…