California-based First Republic Bank was one out of six banks placed on downgrade watch by Moody’s Investors Service on Tuesday. Although it had a 50% rebound, First Republic dropped 66%…
J Pelkey
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Money
U.S. Treasury Says It Is Monitoring the Credit Suisse Situation After Its Stocks Tumbled
by J Pelkeyby J PelkeyOn Wednesday, the U.S. Treasury announced it is reviewing the US’s financial exposure to Credit Suisse as the Swiss banking giant’s stock plummeted. Credit Suisse shares tumbled to a record…
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BREAKING: James O’Keefe Launching New Media Company After Getting Ousted from Project Veritas – “I’m Back”
by J Pelkeyby J PelkeyOn Wednesday, former Project Veritas CEO James O’Keefe announced that he is launching a new media organization called O’Keefe Media Group. O’Keefe revealed in February that he was removed from…
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News
AG Letitia James to Host Drag Story Hour for Children in NYC, Sparking Outrage
by J Pelkeyby J PelkeyNew York Attorney General Letitia James (D) will host a drag queen story hour for children in Manhattan this month, along with several other Democrats. According to the New York Post, the…
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Money
Credit Suisse Shares Tumble to Record Low After Saudis Pull Funding, Trading Halts
by J Pelkeyby J PelkeyCredit Suisse shares tumbled to a record low on Wednesday after the Saudis pulled funding. Trading at Credit Suisse was halted several times on Wednesday. Saudi National Bank, which holds…
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Money
Moody’s Changes Outlook for US Banking To “Negative”, Puts Six Banks on “Downgrade” Watch
by J Pelkeyby J PelkeyFollowing two recent bank failures, the Biden administration and much of the mainstream media attempted to reassure consumers and investors that the U.S. banking system is “strong”. Treasury Secretary Janet…
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BREAKING: House Oversight Committee Subpoenas Bank Records of Hunter Biden’s Business Associates
by J Pelkeyby J PelkeyHouse Oversight Committee Chairman James Comer (R-KY) has issued a subpoena for the bank records belonging to business associates of Hunter Biden. The news was first disclosed in a letter that Rep. Jamie Raskin (D-MD), the…
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On Tuesday, Meta CEO Mark Zuckerberg announced, in a message to employees, that the company will lay off 10,000 more workers as it seeks to cut “middle management.” This is…
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News
BREAKING: Russian SU-27s Attack U.S. MQ-9 Reaper Drone Over Black Sea, Forcing It to Crash
by J Pelkeyby J PelkeyA US-made MQ-9 Reaper drone was forced to crash over the Black Sea, after being attacked by two Russian SU-27s. The Russians dumped fuel on the drone, flew in front…
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News
United Airlines Flight from Guatemala Diverted to Houston Airport After Pilot Suffers Medical Emergency
by J Pelkeyby J PelkeyOn Saturday night, a United Airlines flight from Guatemala to Chicago was forced to divert to Houston Airport after a pilot suffered an unexpected medical emergency. Emergency was called “for…