Jobs and No Jobs in June of 2026, and Beyond
The Unemployment Report from the National Jobs for All Network for June 2026
Six of the nation's 19 largest banks have failed the Federal Reserve's "Stress Tests," including Citibank and Bank of America, according to Bloomberg.
The Fed is pushing the banks to raise capital by converting preferred shares (including those held by the Treasury) into common shares, rather than seeking more federal funds.