Kitco News
Gold rises, silver slips as fiscal-risk trade holds - Kitco PM Report -
(Kitco NewsWire) - Spot gold prices are higher and spot silver prices are slightly lower in late-afternoon U.S. trading Monday, as gold’s fiscal-risk bid held even as silver saw profit-taking after last week’s breakout.
BofA survey says gold is undervalued as bullish speculative interest picks up -
(Kitco News) - For the third consecutive week, speculative investors increased their bullish bets on gold, in part due to growing uncertainty surrounding the sustainability of U.S. government debt, reigniting the debasement trade.
Economist who called the 2008 crash says the AI bubble has "less than a year to go" -
(Kitco News) - Steve Keen has spent two decades telling anyone who'll listen that markets watch the wrong debt. This week he put a clock on it.
Gold’s price rally will depend on sustained investment demand, Fed inflation response – ING’s Manthey -
(Kitco News) – Gold prices are surging on the back of renewed investment demand and growing worry about the U.S. fiscal outlook, but sticky inflation and the prospect of Fed rate hikes mean the path higher is unlikely to be a straight one, according to Ewa Manthey, Commodities Strategist at ING.In her latest analysis, Manthey said that fiscal risks have given gold fresh momentum, driving prices...
The debasement trade is back, but gold still faces risks - Analysts -
(Kitco News) - After a months-long correction that saw gold prices drop 30% from their all-time highs, the market is once again attracting significant momentum. Gold prices are starting the week with a push toward $4,700 an ounce, currently trading at their highest level in 15 weeks.
Monetary historian says US Treasury fragility points to sudden dollar shift -
(Kitco News) - Barry Eichengreen tells Kitco News he has changed his mind about how fast the dollar could break, explains where its losses have actually gone, and makes a case for trimming bonds anyway.
Gold rallies after Treasury buyback plan lowers long yields, India silver imports rebound under new regime – Heraeus -
(Kitco News) – Gold and silver are enjoying resurgent demand following the U.S. Treasury Department’s latest intervention in the bond market, while the appetite for the metals in Asia continues to rise, according to precious metals analysts at Heraeus.In their latest update, the analysts noted that gold prices rallied through resistance to reach their highest levels since early June last week.
Gold nears $4,660 as PCE, Jackson Hole frame Fed trade - Kitco AM Report -
(Kitco NewsWire) - Spot gold and silver prices are higher in early U.S. trading Monday, as a weaker U.S. dollar, fiscal-risk hedging and lingering Strait of Hormuz uncertainty kept buyers active despite still-elevated Treasury yields.
Wall Street bereft of bears after gold smashes $4,600/oz, Main Street bolsters bullish majority with Warsh, PCE in focus -
(Kitco News) – Gold prices surged to their third straight weekly gain, as concerns over U.S. debt sustainability, a weaker dollar, and the Treasury Department’s surprise move to expand long-dated bond buybacks helped the precious metal break above $4,600 per ounce.
Gold, silver extend rally as dollar slide offsets higher yields - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices are higher in late-afternoon U.S. trading Friday, as a weaker U.S. dollar, fiscal-risk hedging and continued Strait of Hormuz uncertainty kept buyers in precious metals despite another session of elevated Treasury yields.
Zero Hedge
Society Collapse 2040: The Year The World Stops Working And Starts Dying -
Society Collapse 2040: The Year The World Stops Working And Starts Dying
Authored by Milan Adams via Preppgroup,
The Mathematical Warning That Refused to Fade
Fifty-four years ago, a team of researchers at MIT fed population data, resource consumption curves, and pollution metrics into a mainframe computer the size of a shipping container. The machine whirred through calculations...
Central Banking: The Scourge Of Civilization -
Central Banking: The Scourge Of Civilization
Authored by George Ford Smith via Mises Institute,
Apple builds and sells iPhones. I happen to own one of the older models, for the same reason I own a last-legs older model car. What if Apple could skip the build part and sell only the phone? The money saved would be an enormous boost to its bottom line. And if Apple passed the savings...
World's Largest Refiner Says China's Oil Demand "Very Likely Peaked Last Year" -
World's Largest Refiner Says China's Oil Demand "Very Likely Peaked Last Year"
One of the most understated stories of 2026, and the reason why oil (and gas) aren't trading at persistently nosebleed levels (ignore diesel for the time being), has been China's unexpectedly weak oil demand. And while there has been much speculation surrounding the reason for this chronically weak oil d...
DOJ To Deploy 1,000 Election Monitors For Midterms -
DOJ To Deploy 1,000 Election Monitors For Midterms
The Justice Department is preparing to send a record 1,000 federal monitors to polling places for the 2026 midterms, the largest deployment of its kind in the agency's history. Harmeet Dhillon, the assistant attorney general who runs the Civil Rights Division, gave the number to Bloomberg last week and the figure alone tells you ho...
Japan Power Prices Surge To Highest Since 2023 -
Japan Power Prices Surge To Highest Since 2023
By Tsvetana Paraskova of OilPrice.com
Japan’s nationwide day-ahead electricity price soared by 20% in one week to settle on Monday at the highest level since January 2023, as gas supply disruptions from the Middle East and an intense heatwave pushed up prices and consumption.
The day-ahead power price in Japan has jumped to $0.16 (...
Inside China's Humanoid Robot Boom: What BofA Analysts Saw On The Ground In Beijing -
Inside China's Humanoid Robot Boom: What BofA Analysts Saw On The Ground In Beijing
China put its humanoid robotics industry on full display last week with a series of technological, commercial, and capital-markets milestones. Beijing first hosted the 2026 World Robot Conference, followed by the five-day World Humanoid Robot Games, while Unitree capped the week with a blockbuster I...
Michigan's Energy Abundance Is On The Ballot -
Michigan's Energy Abundance Is On The Ballot
Authored by Samantha Fillmore via RealClearEnergy,
It is indisputable that energy is the lifeblood of every civilization. We are reminded of that truth daily at the gas pumps and when it's time to recharge the latest iPhone. Another indisputable truth is that the availability and affordability of energy are as delicate as the fiber-opti...
Your Tax Dollars At Work: San Fran Shelter Workers Accused Of Hiding Cop Shooter -
Your Tax Dollars At Work: San Fran Shelter Workers Accused Of Hiding Cop Shooter
Two employees at a San Francisco homeless shelter funded through city contracts have been arrested for allegedly helping a suspected cop shooter hide from police, according to the New York Post.
The case stems from a May 31 confrontation near the Bay Bridge involving 36-year-old Norris Reed III. Autho...
"Operation Economic Outcast" Begins: Bessent Warns Countries Helping Iran Face Expulsion From Dollar System -
"Operation Economic Outcast" Begins: Bessent Warns Countries Helping Iran Face Expulsion From Dollar System
Summary
Bessent Unveils "Operation Economic Outcast" Against Iran
Pakistan enters diplomatic push: Pakistan's army chief reportedly traveled to Tehran after Trump urged him to help reopen Iran talks.
Iran threatens new tanker action: Tehran blacklisted 45 vessels and warn...
Massachusetts Citizenship Rule At Center Of Alleged Voter-Impersonation Case -
Massachusetts Citizenship Rule At Center Of Alleged Voter-Impersonation Case
Authored by Arthur Zhang via The Epoch Times,
After federal prosecutors charged a Chinese man for registering to vote and casting a ballot under his former landlord's name, experts are questioning Massachusetts' verification processes.
A voter fills out his midterm-election ballot in Boston City Hall on N...
MarketWatch - Top Stories
‘She looked into COBRA’: My friend was laid off and lost her health insurance. How can she find affordable coverage? -
“The cost is absolutely ridiculous.”
My father-in-law passed away, leaving a house with tenants. Do I evict them? -
“We don’t know whether they have signed leases or are renting month to month.”
‘My main goal is to help people’: I’m single, 74, with $10 million burning a hole in my pocket. What should I do? -
“I also own my home and an SUV outright, with no outstanding debt.”
Visa and Mastercard stocks hit fresh records, underscoring a resilient U.S. consumer -
Aggregate spending has been strong, even if American shoppers are getting choosier about what they buy.
SpaceX plans to put Nvidia-powered AI satellites in orbit next year -
Elon Musk’s company now plans to launch orbital data centers by the end of next year.
Here’s how overvalued the stock market really is -
Valuations today are so stretched that it may not take much more straw to break the camel’s back.
Bitcoin has beaten stocks and gold over six months. Now it’s closing in on $80,000. -
Bitcoin was rising Monday near the $80,000 level that it last touched in May, after the cryptocurrency surged last week on the Treasury Department’s plans to buy back longer-dated Treasurys.
It’s time to bet big on Nvidia’s stock, says this analyst who thinks the market has it all wrong -
Nvidia’s controversial financial plays could actually keep the company on top, according to this analysis.
Ford’s $3 billion Canadian bet is getting caught in trade-war crosshairs -
While certain U.S. sectors are facing headwinds from the new tariffs on Canadian goods, analysts have said the broad economic effects of the new 50% U.S. levies could be modest for the U.S. overall.
Bessent’s sweeping sanctions against Iran send oil prices to their biggest drop in 3 weeks, while fueling hopes of de-escalation -
What matters more for oil prices is how hard U.S. sanctions hit China, Iran’s biggest oil buyer, and whether Beijing pushes back.
CNBC Top News
CNBC Economy
GATA
Fidelity fund doubles gold holdings on uncertainty over Fed -
By Yihui XieBloomberg NewsMonday, August 24, 2026
A portfolio manager at Fidelity International Ltd. has doubled his fund's gold holdings over the past three weeks, citing increasing uncertainty over U.S. Federal Reserve policy as a catalyst.
After raising the proportion of bullion in the fund to a self-imposed limit of 5%, George Efstathopoulos said he would consider lifting this ceiling shoul...
South Korea's central bank wanted more gold but ended up with shares of GLD instead -
They haven't yet figured out that GLD is just unredeemable paper, easily revoked, seized, or frozen.
* * *
Why Is Bank of Korea Buying Gold Again?
By Im Eun-byelKorea Herald, SeoulSunday, August 23, 2026
After more than a decade, the Bank of Korea is back on a gold-buying spree, raising its exposure to the precious metal as it joins central banks around the world in diversifying their foreign r...
Bessent's bond maneuvers give debasement trade new life -
By Greg Ritchie, Denitsa Tsekova, and Isabelle LeeBloomberg Newsvia The Straits Times, SingaporeFriday, August 21, 2026
U.S. Treasury Secretary Scott Bessent's bid to tame U.S. borrowing costs knocked down long-term yields for barely a day. The more lasting market signal: The dollar weakened while gold and Bitcoin rallied, reinforcing a debasement trade fueled by swelling U.S. deficits and conc...
Matthew Piepenburg: Is gold transforming from Washington's enemy to its last hope? -
Gold revaluation will do more for U.S. solvency than more debt and dollar devaluation
* * *
By Matthew PiepenburgVon Greyerz / Gold Switzerland, ZurichSunday, August 23, 2026
As headlines from the Iranian "conflict" continue to leave the world guessing as to what, if any, military, political, and financial solutions lie ahead, we can at least know this much: The approaching autumn looks a bit s...
Mike Maharrey: Brits regret not buying gold but didn't learn their lesson, and won't -
By Mike MaharreyMoney Metals Exchange, Eagle, IdahoFriday, August 23, 2026
If you live long enough, you're going to have some regrets.
Woulda, coulda, shoulda, as my dad was fond of saying.
The thing about regrets is that they were totally avoidable. That's why there are regrets. We made a bad decision, a questionable call, a wrong turn.
... Dispatch continues below ...
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Wolf Street
Legal Tender News
Legal Tender Forces Gold Out -
The government has many ways of forcing us to use their paper dollar as money. The tax on capital gains on gold (I wrote about this here) is one bullet in their gun. The legal tender law—U.S. Code ...
What Is A "Legal Tender Law"? And, Is It A Problem? -
What is a legal tender law? Over the years, there has been some discussion about “legal tender laws” in the United States. I talked to a legal expert about it, and discovered – as I suspected – that ...
What Is Considered Legal Tender in the US? -
"Legal tender" means that the financial instrument in question legally serves to pay any public or private debt. Federal law guarantees its printed value regardless of its intrinsic convertible value, ...
Bill Introduced To Make Bitcoin A Legal Tender In Arizona -
Senator Wendy Rogers has introduced a bill proposing to make bitcoin a legal tender in the U.S. state of Arizona. The bill seeks to add bitcoin to the list of instruments considered legal tender in ...
Floridians could soon be able to use gold and silver to pay for things -
You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Gov. Ron DeSantis signed a bill on Tuesday that would recognize gold and silver as legal tender in the ...
CoinDesk
Bitcoin hits $80,000 for the first time since May as crypto recovery accelerates -
BTC has now surged 38% following its June plunge as shifting U.S. Treasury policy helped bring buyers back to crypto, rejuvenating ETF demand.
Bitcoin nears $80,000, but analysts say the next pullback will be key -
Analysts say consolidation could strengthen bitcoin’s rally, while thin trading above $80,000 may set up sharper price moves.
Crypto political group details list of U.S. congressional allies its backing this year -
Stand With Crypto, a member group that rates the crypto friendliness of politicians, is supporting 32 U.S. House incumbents, with more endorsements coming.
Coinbase debuts tokenized stocks on Base network, joining race to bring equities on blockchain -
The crypto exchange is starting with tokenized versions of Apple, Nvidia, Meta and Alphabet, issued under its new Abu Dhabi framework.
Tom Lee's Bitmine buys $81 million of ETH in largest weekly haul since early July -
The treasury firm stepped up its ETH buying as Tom Lee said the crypto’s 30% weekly rally could signal a larger move ahead.
New Solana vote could ramp daily SOL burns to $800,000 and slow new token creation -
Two of the three proposals would reduce SOL supply growth by speeding up Solana’s inflation decline and raising daily fee burns from about 650 SOL to as much as 9,000 SOL.
Strategy raises $2 billion through MSTR sales and creates new USD Cash pool -
The company sold 18.26 million MSTR shares, increased its USD Reserve to $5.1 billion and repurchased another $136.4 million of STRC.
Standard Chartered becomes first bank to distribute Hong Kong dollar stablecoin -
The London-based multinational bank with $850 billion in assets announced it will distribute Anchorpoint's HKDAP to eligible clients and partners.
Pakistan kicks off crypto licensing regime with Sept. 5 registration deadline -
PVARA said companies have until the deadline to submit their application for a no-objection certificate or otherwise cease operating.
Financial repression: The new buzzword for bitcoin bulls -
Your day-ahead look for Aug. 24, 2026
bitcoin.com
Coinbase Tokenized Stocks Go Live for Eligible Non-US Users -
Coinbase has launched tokenized U.S. stocks on Base for eligible users outside the United States. The 1:1-backed securities support continuous trading and decentralized finance applications, with Chainlink supplying market data. Coinbase Brings Major US Stocks Onchain Eligible investors outside the United States gained onchain access to tokenized shares in several major U.S. companies on Aug. [...
$40 Trillion US Debt Spiral Threatens Global Markets, CEO Warns -
U.S. debt has crossed $40 trillion, intensifying concerns about interest costs and long-term borrowing pressure. Devere Group CEO Nigel Green warns that the resulting feedback loop could affect bonds, equities, currencies, and household financing worldwide. US Debt Creates a Costly Feedback Loop Rising federal interest costs could intensify financial-market pressure without an economic downturn...
Bitwise XRP ETF Trading Volume Tops $200M Across Three Sessions -
Trading volume in Bitwise’s XRP exchange-traded fund (ETF) exceeded $200 million across three consecutive sessions. Each session established a new high for the fund, culminating in more than $80 million on Aug. 24. Bitwise XRP ETF Sets Three Consecutive Volume Records Trading activity in the Bitwise XRP ETF accelerated sharply during the three sessions ending […]
Bessent Warns Foreign Nations to Sever Iranian Digital Asset Ties -
As part of Operation Economic Outcast, the U.S. Department of the Treasury defined digital assets as a critical sector that can be targeted by secondary sanctions in the future, alongside technology, gold, aviation, and shipping. The Treasury Department stressed any nation or person can be sanctioned, regardless of location, following Executive Order (E.O.) 13902. U.S. […]
Bitwise CIO Sees Crypto Bull Case Strengthening on 5 Key Shifts -
Bitwise Chief Investment Officer Matt Hougan finds crypto’s bullish case easier to make in 2026 than during earlier cycles. His outlook reflects structural changes he believes have made optimism easier to sustain. Five Factors Reshape the Crypto Bull Case Five structural factors now give crypto investors more fundamental reasons to support a bullish outlook than […]
Reason
How Long Did Justice Jackson's "Kafkaesque Nightmare" Dissent Hold Up Trump v. California? -
In a future writing, I propose a mechanism whereby six Justices can force the release of any pending case.
No Preliminary Injunction Against Applying Birth Sex Policy to Intersex Plaintiff's Global Entry Card … -
when plaintiff has passport that won't expire until 2032.
How Did America Get $40 Trillion in Debt? -
Plus: Trump's trade war with Canada, the growing backlash against data centers, and calls to censor journalists in Britain
This YouTuber Got Kicked Out of the Flock Convention. So He Ran His Own Surveillance. -
Benn Jordan wants the snoopers to be “a little unsettled.”
Trump Threatens U.S. Relationship With Canada as Trade Talks Collapse -
Canada is one of our largest trading partners. The president imposed 50 percent tariffs on cars, wigs, and hockey sticks.
Study: Most Mealtime Screen Time Is TV, Not Social Media -
What a new study of mealtime screen time does—and does not—say.
Forget the Population Bomb. The New Fear Is a Population Implosion. -
Overpopulation panic is sooooo 20th Century! Welcome to the era of depopulation dread.
AI Hallucinations in State Farm Insurance Outside Lawyers' Filings -
From L.A. Times (Rebecca Ellis) Wednesday: As part of an insurance dispute over a fire-damaged Carson home, attorneys for State…
The post AI Hallucinations in State Farm Insurance Outside Lawyers' Filings appeared first on Reason.com.
"Signs of AI Authorship in Federal Appellate Opinions" -
"Dozens of published circuit opinions show signs of AI writing. If courts are using AI, that's promising—and worth getting right."
Economic Isolation -
Plus: Socialist real estate, return of the carrier pigeon, and more...
Cato Institute
Tenth Amendment Center
The Welfare Trap: Benjamin Franklin’s Forgotten Warning -
Politicians tell us that welfare programs are absolutely necessary - and helpful. But they ignore the fatal trap that Benjamin Franklin uncovered over 250 years ago: The more you subsidize something, the more you get - government welfare programs make things worse.
The post The Welfare Trap: Benjamin Franklin’s Forgotten Warning appeared first on Tenth Amendment Center.
The 17th Amendment Broke the Founders Kill Switch -
1913 was a really bad year. And one of the biggest changes came from the 17th Amendment. It didn’t just alter the way federal senators are chosen, it actually broke a process the framers built into the system: A constitutional KILL SWITCH to end the federal government. On this episode, it’s the “absolute safeguard” - the lost nuclear option for the states that the government-run schools never t...
President or King? It’s not the TITLE. It’s the POWER. -
For the founders, an elective monarchy was just as bad as an hereditary one - because the core issue was the power of discretion. On this episode, it’s 6 of the most dangerous powers of a king as the founders understood them. And you just might recognize every single one of them today.
The post President or King? It’s not the TITLE. It’s the POWER. appeared first on Tenth Amendment Center.
Electronic Frontier Foundation
EFF and Civil Society Groups Call on Nottinghamshire Police to Halt Live Face Recognition -
This week, EFF, along with Big Brother Watch, Defend Digital Me, Liberty, Open Rights Group, Race Equality First, Statewatch, and Stopwatch, wrote to Nottinghamshire Police Force in the UK raising concern about the proposed roll-out of live facial recognition technology (LFR), and called for its immediate halt.
In particular, the letter highlights six concerns:
LFR Is Not "Just Another Tool"
No...
Intermediary Liability in Brazil: The Intricate Path Ahead -
Brazil's new internet intermediary liability regime is underway. The implementation of changes established by the Supreme Court includes notice and takedown mechanisms and duty of care obligations. Caution is crucial as these measures can create problematic incentives for enforcement overreach and over censorship of protected speech.
The court in June issued a new decision clarifying elements...
Some Tech Companies Have Privately Pushed Back on ICE Subpoenas. They Should All Do More. -
In a handful of known cases, large social media companies have privately pushed back against Immigration and Customs Enforcement (ICE) subpoenas when the agency tried to unmask anonymous users who tracked immigration activities or criticized the government. As ICE engages in a pattern of illegal and chilling investigations, any resistance is welcome. But social media companies can do more. When...
The Institute For Justice - Press Releases
Victory! Humboldt County Settles Landmark Lawsuit, Ending Ruinous Fine System That Punished Innocent California Homeowners -
Five Humboldt County property owners, represented by the Institute for Justice (IJ), have reached a settlement with Humboldt County that dismantles the code-enforcement system the […]
The post Victory! Humboldt County Settles Landmark Lawsuit, Ending Ruinous Fine System That Punished Innocent California Homeowners appeared first on Institute for Justice.
14 States; Civil Rights, Education, and Religious Groups; and Leading Scholar Urge Supreme Court to Grant Special Education Petition -
WASHINGTON— Yesterday, a broad coalition of amici—including a 14-state coalition led by South Carolina and West Virginia, ExcelinEd, the Alliance Defending Freedom, and the New […]
The post 14 States; Civil Rights, Education, and Religious Groups; and Leading Scholar Urge Supreme Court to Grant Special Education Petition appeared first on Institute for Justice.
Institute for Justice Calls Flock Safety’s Proposed Reforms ‘Window Dressing’ -
ARLINGTON, Va.—Today, the Institute for Justice (IJ) released a statement responding to suggested “reforms” announced by automated license plate reader (ALPR) provider Flock Safety. “This […]
The post Institute for Justice Calls Flock Safety’s Proposed Reforms ‘Window Dressing’ appeared first on Institute for Justice.
Second Amendment Foundation
TAURUS RENEWS PLATINUM-LEVEL CORPORATE PARTNERSHIP -
BELLEVUE, Wash. — April 24, 2025 — The Second Amendment Foundation (SAF) is pleased to announce that Taurus Holdings Inc. has renewed their commitment to the organization as a Platinum-level corporate partner. “At Taurus, we believe that the right to keep and bear arms is fundamental to the American way of life,” said Taurus USA
The post TAURUS RENEWS PLATINUM-LEVEL CORPORATE PARTNERSHIP appear...
CA NON-RESIDENTS CAN APPLY FOR CARRY PERMIT STARTING APRIL 22 -
BELLEVUE, Wash. — April 22, 2025 — Thanks to a preliminary injunction in the Second Amendment Foundation’s (SAF) case CRPA v. LASD, starting Tuesday, April 22, non-resident SAF members can apply for a California carry permit. The injunction requires that California accept permit applications from any United States resident outside the state who is a
The post CA NON-RESIDENTS CAN APPLY FOR CARR...
SCOTUS DENIES CERT IN WORTH, SAF WIN IN EIGHTH CIRCUIT STANDS -
BELLEVUE, Wash. — April 21, 2025 — In a case that could potentially have far-reaching implications for similar lawsuits across the nation, the U.S. Supreme Court has denied Minnesota’s Petition for Writ of Certiorari in Jacobson v. Worth, the Second Amendment Foundation’s (SAF) challenge to the 18-20-year-old carry ban in the state. Minnesota asked the
The post SCOTUS DENIES CERT IN WORTH, SAF ...
Gun Owners of America
NFA Victory FAQ: What Gun Owners Need to Know -
On August 5, 2026, a federal judge in Texas ruled that the National Firearms Act’s registration requirements are unconstitutional for certain firearms whose NFA tax has been reduced to $0. This ruling was thanks to GOA’s historic “One Big Beautiful Lawsuit.” Since then, we’ve received thousands of questions about what the ruling means for gun owners. Here are the answers we have right now to s...
THIS WEEK: Here’s Where Things Stand! -
THIS WEEK IN GUN RIGHTS! At GOA, we’ve been hard at work fighting for your Second Amendment rights, here’s a recap of the things you should know… A federal judge ruled the registration requirements on short, barreled firearms and suppressors are unconstitutional. DOJ had a week to appeal the stay and let it pass. On midnight, when the stay expired, two … Read more
FL VICTORY: Byron Donalds Wins Primary Election -
Florida’s gun owners get to celebrate the Second Amendment wins that happened during last night’s primary elections. Why? Because GOA was the only gun rights organization involved in this election. Not just the only group to endorse. GOA was the only gun rights organization that showed up at all to fight for the Second Amendment, PERIOD. And our members and supporters … Read more
Banking Dive
Citi reports sustainable finance progress, sets new 2030 goals -
The bank said it had committed $647.2 billion to sustainable financing since 2020, with CEO Jane Fraser noting its clients see resilience as a “competitive necessity.”
SEC charges 2 former investment bankers with insider trading -
The regulator charged an ex-Bank of America banker with insider trading for allegedly alerting a friend to a pending deal, resulting in an $18.5 million windfall for the friend, who was also charged.
Brazil’s Itaú gets OCC’s conditional approval for US charter -
Latin America’s largest bank will target high- and ultra-high-net-worth individuals with deposit accounts, mortgages and credit cards, and operate through a single Miami-based branch, the regulator said.
Philly lender becomes fifth bank to fail in 2026 -
Tioga-Franklin Savings Bank, which had $68 million in assets, was founded in 1873. Second Federal Savings and Loan Association of Philadelphia is acquiring its deposits, assets and core processing system.
Virginia lender to acquire Forbright’s DC-area branches -
The transaction, set to close in the fourth quarter, adds three locations and $750 million in deposits to Trustar’s footprint. That frees Forbright to focus on national digital lending.
American Banker
Bank of International Settlements
Hard to shift, easy to reshape: central bank reserve demand and frictions -
by Mathias Drehmann, Xuewen FuHow far can central banks shrink their balance sheets? The answer sets the limits to quantitative tightening (QT), and depends critically on the demand for reserves and whether the drivers widely thought to have increased it over the past decade actually do so. We assess the impact of three such drivers: post-crisis liquidity regulation, monetization frictions, and...
High public debt in the Americas: non-linear implications for risk premia and inflation expectations -
by Eduardo Amaral, Rafael Guerra, Alejandrina Salcedo, Pablo Tomasini, Christian Upper
Lesetja Kganyago: Remarks - annual dinner for the Heads of Foreign Missions accredited in South Africa -
Remarks by Lesetja Kganyago, Governor of the South African Reserve Bank, at the annual dinner for the Heads of Foreign Missions accredited in South Africa, South African Reserve Bank, Pretoria, 9 July 2026.
Federal Reserve - Press Releases
FDIC - Press Releases