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Illinois Regulators Shut Down Metropolitan Capital Bank & Trust After Capital Problems. What the First U.S. Bank Failure of the Year Means for Depositors

Illinois Regulators Shut Down Metropolitan Capital Bank & Trust After Capital Problems. What the First U.S. Bank Failure of the Year Means for Depositors

by Richard Garrett | Mar 3, 2026 | Economy

Regulators closed Chicago-based Metropolitan Capital Bank & Trust after determining the institution faced unsafe and unsound conditions tied to an impaired capital position, marking the first U.S. bank failure of the year.  The Illinois Department of Financial and...
Jamie Dimon Says America’s $38 Trillion Debt Is ‘Not Sustainable.’ Why Some Analysts See Two Economic Fault Lines Forming

Jamie Dimon Says America’s $38 Trillion Debt Is ‘Not Sustainable.’ Why Some Analysts See Two Economic Fault Lines Forming

by Richard Garrett | Mar 3, 2026 | Economy

Jamie Dimon Says America’s $38 Trillion Debt Is ‘Not Sustainable.’ Why Some Analysts See Two Economic Fault Lines Forming Warnings about fiscal risk have grown louder as U.S. borrowing continues to accelerate. JPMorgan Chase CEO Jamie Dimon recently described the...
Is the U.S. Economy Moving Closer to a Breaking Point? Why Some Economists Say the Next Recession Could Be Harder to Fight

Is the U.S. Economy Moving Closer to a Breaking Point? Why Some Economists Say the Next Recession Could Be Harder to Fight

by Richard Garrett | Mar 3, 2026 | Economy

Economic slowdowns rarely arrive without warning. They tend to emerge through a series of data revisions, shifting labor trends, and subtle changes in consumer behavior that only look obvious in hindsight.  Over the past several weeks, a cluster of economic indicators...
Could the Plumbing of Wall Street Become a Bigger Retirement Issue in the Next Crisis?

Could the Plumbing of Wall Street Become a Bigger Retirement Issue in the Next Crisis?

by Richard Garrett | Mar 3, 2026 | Economy

Recessions and market pullbacks are part of investing. But in periods of real financial stress, some of the biggest risks don’t start with stock prices, they start with the infrastructure that holds and moves securities behind the scenes. Over the last several...
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