J.D. Durkin

Experts have revealed one glaring sign that a global recession is fast approaching, with a “big question mark” now hanging over us all. The demand for diesel fuel has long been considered a significant clue regarding the health of the…

Yet another expert has issued a grim recession warning, predicting a downturn was “pretty likely” with far more financial turmoil ahead.Speaking with the Financial Times this week, former US Treasury Secretary Henry “Hank” Paulson joined…

An Australian fintech unicorn – which is valued at $A7.91 billion ($US5.5 billion) – could cash in on the catastrophic collapse of Silicon Valley Bank as companies scramble to open US accounts to receive funds caught up in the bank’s…

Bitcoin has leapt by nearly 15 per cent as banking chaos grips the global financial system.The cryptocurrency was trading at $US24,272 ($A36,411) early on Tuesday AEDT, a rise of 14.85 per cent over the past 24 hours, according to…

A major US bank is set to sack 3200 staff in the coming weeks in one of its biggest round of job cuts in its more than 150-year history.The lay-offs at Goldman Sachs will be the largest since the Global Financial Crisis (GFC) in 2008 and…