2019 bank failures begin to pick up steam as 3 banks failed in just one weeks time this month. City National Bank has failed, Resolute Bank has failed, Louisa Community Bank, and Enloe State Bank all have failed so far in 2019. There was actually zero bank failures in 2018 but according the the FDIC this is not cause for concern just yet. However it is something to keep an eye on as this rush of regional bank failures gets underway. We also look at more mass layoffs At sears hundreds of employees from their corporate headquarters were notified in group firings. We also take a look at the rise of global debt and recent warnings.
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2019 bank failures begin to pick up steam as 3 banks failed in just one weeks time this month. City National Bank has failed, Resolute Bank has failed, Louisa Community Bank, and Enloe State Bank all have failed so far in 2019. There was actually zero bank failures in 2018 but according the the FDIC this is not cause for concern just yet. However it is something to keep an eye on as this rush of regional bank failures gets underway. We also look at more mass layoffs At sears hundreds of employees from their corporate headquarters were notified in group firings. We also take a look at the rise of global debt and recent warnings.
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