Economic Report: Bank borrowing from Fed rises slightly to $97.6 billion as financial stress lingers

The amount of money banks borrowed from the Federal Reserve last week rose slightly to $97.6 billion, indicating the U.S. financial system remains under some duress.

Total bank borrowing increased by about $1.5 billion in the seven days ending May 31.

The Fed has always made credit available to banks in trouble through its rarely used discount…

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Futurist Eric Fry says it will be a “Summer of Surge” for these three stocks

One company to replace Amazon… another to rival Tesla… and a third to upset Nvidia. These little-known stocks are poised to overtake the three reigning tech darlings in a move that could completely reorder the top dogs of the stock market. Eric Fry gives away names, tickers and full analysis in this first-ever free broadcast.

Watch now…

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