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2024-04-30 Economy

Bank of America, PNC, Citizens and Chase behind latest branch closures

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Posted by Skidmark 2024-04-30 09:49|| || Front Page|| [120 views ] Top

#1 Why a crypto expert says you should buy Bitcoin now - and why it could end the need for cash when...

Posted by Skidmark 2024-04-30 10:08|| 2024-04-30 10:08|| Front Page Top

#2 ...I have no desire to get into crypto - the Feds keep a very close eye on it, and I suspect that were the STHTF, every last bit of it would suddenly end up in Federal hands.

Mike

Posted by MikeKozlowski 2024-04-30 12:28|| 2024-04-30 12:28|| Front Page Top

#3 Anything that can be turned off with a switch is probably not a good idea.

Posted by M. Murcek 2024-04-30 12:31|| 2024-04-30 12:31|| Front Page Top

#4 My mom used to say "If you have an ounce of gold what do you think a slice of bread will cost?"

Worth thinking about.

Posted by M. Murcek 2024-04-30 12:33|| 2024-04-30 12:33|| Front Page Top

#5 Bank of America closed a branch on High St. in Boston two months ago. It makes sense - that branch was never 'bustling' to begin with and based on the now permanent lack of people working in that part of the city (Financial District), it's the right call.

From the floor level, High Street's 20% unoccupied; there's at least five buildings with nothing on 1st and 2nd floors except for 'For Rent / Lease' signs, and I know many of the other offices are half empty. The pandemic response looks like the biggest own goal I'll ever see in my lifetime.

Posted by Raj 2024-04-30 14:25|| 2024-04-30 14:25|| Front Page Top

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