BofA's Blanch Joins Goldman In Calling For $90 Brent This Year Amid "Pretty Large Deficit" Fears

Viral Video Reveals Extent Of LA's Homeless Hell Authored by Steve Watson via Modernity.news, A shocking video making the rounds shows the reality of life under Los Angeles bridges: a sprawling setup of makeshift homes complete with lighting tapped into the city power grid, tables of items, and a self-contained community living off public resources. The clip, originally from local documentarian @whitewallstuntz, captures a resident proudly displaying his space. "This how people living out here in LA man. My boy got the whole bridge to himself." The footage reveals lighting strung throughout, suggesting...

JPMorgan Sued Over Alleged Role In $328M Crypto Ponzi Scheme Authored by Helen Partz via CoinTelegraph.com, JPMorgan is facing a lawsuit for allegedly enabling a $328 million crypto Ponzi scheme run by now-defunct Goliath Ventures. Investors on Tuesday filed a proposed class action in the US District Court for the Northern District of California, accusing JPMorgan of ignoring suspicious transactions and allowing Goliath to use its infrastructure to collect investor funds. A separate federal criminal complaint against Goliath CEO Christopher Delgado, however, says investor funds also flowed through a Bank of America account and directly into Coinbase...

Chip Party Must Go On: SK Hynix To Raise $29 Billion In US Listing About two days after a Chosun media report from South Korea sparked a global sell-off in memory stocks and triggered a 10% crash in the Kospi, a new report states that memory giant SK Hynix is planning a massive $29.4 billion US listing. This move will test investor appetite for another mega AI-linked offering and demonstrate whether markets can absorb another massive listing weeks after the SpaceX IPO. Bloomberg reports the offering would be the largest U.S....