Author: Paul Murdoch

U.S. Banks are sitting on $1.7 trillion in unrealized losses, research says

Following the recent collapse of Silicon Valley Bank and Signature Bank along with Credit Suisse ill-timed demise last week, regulators and business leaders have gone out their way to publicly assure consumers that banks are safe.  The potential for “contagion” throughout the financial system is now slim after the Federal Deposit Insurance Corp. (FDIC),[Read More…]

DeSantis calls Putin a war criminal

During his interview with UK journalist Piers Morgan, Florida Governor Ron DeSantis clarified comments he previously made when he referred to the Russia-Ukraine war as a “territorial dispute” by saying that Putin is a “war criminal.” DeSantis met resistance from several Republicans over his comments, including Sens. Marco Rubio of Florida, Shelley Moore[Read More…]