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...
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...
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...
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...