US Banks On Hook For $150B In “Frozen Loans” As Millions Skip Credit Card And Car Payments
By Tyler Durden One month ago, after the banks reported Q1 earnings, we showed that the major US money center banks saw their loan loss…
By Tyler Durden One month ago, after the banks reported Q1 earnings, we showed that the major US money center banks saw their loan loss…
By Tyler Durden The coronavirus hit Chile at a particularly delicate time. Back in October, the Chilean military deployed tanks and troops onto the streets…
By Tyler Durden One of the great tragedies in America today is that of the CARES Act, which included a $1,200 stimulus check and an additional $600 weekly…
By Tyler Durden With nearly 4 million homeowners in some type of mortgage forbearance plan – representing 7.54% of all mortgages, delinquencies are set to…
By Tyler Durden The Transportation Security Administration (TSA) will begin checking passengers’ temperatures at select airports next week. People familiar with the matter told The…
By Tyler Durden At his May 12 press conference, Washington State Governor Jay Inslee laid out the plans for the statewide contact tracing initiative. “[The…
By Tyler Durden With more than 5,000 service members infected with COVID-19, the Army has issued a contract notice on The System for Award Management (SAM) website, seeking…
By Tyler Durden Black Mirror creator Charlie Brooker told UK’s Radio Times that his audience might not be able to “stomach” another season of his dystopian Netflix…
By Tyler Durden Today’s jobs report was, as expected and as previously discussed, absolutely horrific; although as Bank of America points out, there was one…
By Tyler Durden Texas salon owner Shelley Luther has been ordered to be released by the state Supreme Court after she stood up to a…
By Tyler Durden A GoFundMe account set up for a Texas salon owner who was sentenced to seven days in jail for flouting Governor Greg…
By Tyler Durden Just a few days ago we marveled as wholesale beef prices had soared over 60% from their February lows to a record…
By Tyler Durden After former President Clinton, NY Governor Cuomo, Chelsea Clinton and CA Governor Newsom called for an “army of contact tracers” to monitor…
By Tyler Durden As both countries prepare to start unwinding the strict nationwide lockdowns imposed more than 6 weeks ago, the UK and France are…