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Bank Suddenly Shut Down by US Regulators in Second Bank Failure of 2025

Bank Suddenly Shut Down by US Regulators in Second Bank Failure of 2025

The Federal Deposit Insurance Corporation (FDIC) just announced the second bank failure of 2025. Regulators say The Santa Anna National Bank has be...
US Banks’ Unrealized Losses Explode by $118,400,000,000 in Three Months As FDIC Declares 66 Banks on ‘Problem List’

US Banks’ Unrealized Losses Explode by $118,400,000,000 in Three Months As FDIC Declares 66 Banks on ‘Problem List’

The amount of unrealized losses on American banks’ balance sheets is surging. In its new Quarterly Banking Profile for the fourth quarter of 2024, ...
Bank Abruptly Shut Down by US Authorities in First Bank Failure of 2025

Bank Abruptly Shut Down by US Authorities in First Bank Failure of 2025

US regulators have abruptly shut down a bank in Illinois in the first bank failure of 2025. The Federal Deposit Insurance Corporation (FDIC) says t...
Bank Abruptly Shut Down by US Regulators in Second Bank Failure of 2024

Bank Abruptly Shut Down by US Regulators in Second Bank Failure of 2024

Financial regulators just shut down a bank in Oklahoma, marking the second US bank failure of 2024. The First National Bank of Lindsay has been shu...
Peter Schiff: Phony Economy Must Die or US Risks Financial Ruin

Peter Schiff: Phony Economy Must Die or US Risks Financial Ruin

Economist Peter Schiff has warned that restoring a real economy requires letting the “phony economy” collapse, which would result in significant fi...