In the second quarter of 2024, U.S. banks reported $512.9 billion in unrealized losses on investment securities, marking the 11th consecutive quarter of such losses, […]
Tag: rising interest rates
US Start-Up Failures Surge: 254 Businesses Shut Down Amid Rising Interest Rates and Economic Pressures
Over the past year, 254 start-ups in the United States have gone out of business, marking the highest number of failures since at least 2019. […]
Global Debt Reaches Unprecedented $315 Trillion in Q1 2024, Soaring by $15 Trillion in 12 Months
Global debt has hit a staggering $315 trillion in the first quarter of 2024, representing an astonishing rise of $15 trillion over the past year. […]