California’s Unemployment Insurance Trust Fund Is Now ‘Structurally Insolvent’ Under Weight of Pandemic Loans by Bryan Jung, The Epoch Times July 11, 2023 0 News California’s Unemployment Insurance (UI) Trust Fund that pays out state benefits is now “structurally insolvent,” according to a recent report.... Read more
American Banks Closed 273 Branch Locations in May Alone by Bryan Jung, The Epoch Times June 30, 2023 0 Opinions At least 273 bank locations closed across the United States in May, while 46 opened that month. Many major banks... Read more
Target Facing Major Pushback Over Transgender Controversy as Stock Price Drops by Bryan Jung, The Epoch Times June 16, 2023 1 News Target is facing stock losses after a massive pushback over transgender merchandise in its stores. Shareholders were hit with lowered projections, according to... Read more
Jamie Dimon Sees Rough Times Ahead for Smaller Banks, Predicting Interest Rates as High as 7 Percent by Bryan Jung, The Epoch Times May 25, 2023 0 Opinions JPMorgan CEO Jamie Dimon, predicts rough times ahead for regional banks and warns of more deposit runs, as future interest rate... Read more
Federal Reserve Officials Mull 11th Round of Rate Hikes by Bryan Jung, The Epoch Times May 24, 2023 0 News Several Federal Reserve officials are open to at least one more interest rate hike in the coming months to cool inflation.... Read more