U.S. Banks Stress Test Results

Big U.S. banks pass stress test but risky businesses could face major hits. Some banks could see significant loan losses in corporate credit and credit card portfolios.

Mass Migration from Haiti's Capital Due to Gang Violence

More than 53,000 people have fled Haiti's capital in less than three weeks due to gang violence, with over 60% heading to the rural southern region, which is concerning due to lack of infrastructure and resources. The violence has led to over 1,500 deaths and 17,000 homeless individuals.

Misconception about bank loans and availability

Comedian Jon Stewart falsely claimed that loans to Donald Trump meant fewer loans available to other borrowers. In reality, bank loans create deposits and do not diminish the amounts available for other bank loans.