fears.

Fears for the US economy as fight in the Middle East threatens oil prices and shipping through the Suez Canal and Strait of Hormuz – as experts warn it could cause MORE inflation

America’s economy could be thrown into turmoil by the war between Israel and Hamas, analysts have said – warning that the dollar could be impacted and oil prices swiftly affected. The conflict may lead to higher inflation in the United States, which would be a significant problem for President Joe Biden going in to the …

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Tesla under investigation amid fears deadly crash may have involved autopilot system

The National Highway Traffic Safety Administration has opened an investigation into a fatal crash involving a Tesla Model Y earlier this year, according to Reuters, after the agency suspected the vehicle was relying on its Autopilot system—marking the latest probe into Tesla’s self-driving system amid scrutiny from auto regulators and the Justice Department. Key Takeaways The …

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US Banks report largest capital outflow in 40 years. NYC’s Banking Commission frozen deposits at Capitol One Bank due to insolvency fears.

Us Banks Report Biggest Capital Outflow in 40 Years According to the report, US banks lost $472 billion in deposits during the January-March period, marking the fourth consecutive quarter of industry outflows. The decline was primarily from uninsured funds, the FDIC said, noting that insured deposits actually increased by $255.1 billion, or 2.5%, amid the …

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