Kitco News
Gold, silver rally as yields fall after surprise jobs loss - Kitco AM Report -
(Kitco NewsWire) - Spot gold and silver prices are sharply higher in early U.S. trading Friday, as a surprise decline in July payrolls pulled Treasury yields lower and reduced near-term Fed hike expectations.
Gold prices surging higher as U.S. economy loses 23k jobs in July -
(Kitco News) - The gold market is surging higher as the U.S. economy lost jobs in July, significantly missing expectations.
Investors take profits in gold and silver as oil, yields rise after Hormuz deal doubts - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices were weaker in late U.S. trading Thursday, as rising oil prices, firmer Treasury yields and a stronger U.S. dollar prompted investors to take some profits after Wednesday’s breakout rally.
Now is the time to buy gold; BCA sees bullish opportunity as real yields peak -
(Kitco News) - Gold's recent correction has likely run its course as the key macro headwinds that pressured the precious metal are beginning to fade, according to one Canadian research firm, which argues that real interest rates have likely peaked and the U.S. dollar will eventually turn from a headwind into a tailwind for bullion.
Denarius takes 15.6% of Copper Giant, Trafigura takes the concentrate -
(Kitco News) - A junior buys into a junior, a trading house commits to a decade of output, and a billion-tonne copper deposit gets its first real balance sheet
Gold's rally is about a growing lack of investor confidence; silver could offer bigger gains says MarketGauge's Schneider -
(Kitco News) - Gold's rally above $4,200 signals more than a shift in inflation expectations or global monetary policy; it reflects growing investor doubts that policymakers can keep the global economy on stable footing, according to one market strategist.
Gold market sees positive ETF inflows in July, ending two months of outflows -
(Kitco News) - The gold market has seen a solid breakout, with prices pushing back above $4,200. However, signs of renewed investor interest began to emerge in July as investors slowly returned to gold-backed exchange-traded funds, according to the latest data from the World Gold Council.
Gold steadies as claims beat, Hormuz talks trim haven bid - Kitco AM Report -
(Kitco NewsWire) - Spot gold prices are firmer but spot silver prices are weaker in early U.S. trading Thursday, as softer labor-market momentum and lower Treasury yields offset a firmer U.S. dollar and a reduced geopolitical premium tied to Strait of Hormuz negotiations.
Gold price holding above $4,200 as U.S. jobless claims remain below 200k -
(Kitco News) - Although gold prices have retreated from their overnight high above $4,300 an ounce, the market is holding solid support above $4,200 an ounce even as the U.S. labor market continues to show resilience, with the number of Americans filing first-time unemployment claims remaining below a key level.
Gold, silver prices surge highs as yields ease, Hormuz hopes cap oil inflation fears - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices rallied sharply after the close Wednesday, as softer U.S. labor data, a weaker U.S. dollar and lower Treasury yields offset lingering expectations that the Federal Reserve could still tighten policy again in September.
Zero Hedge
5th Small Modular Reactor Validated Since June, Poised For Mass Production -
5th Small Modular Reactor Validated Since June, Poised For Mass Production
Another small nuclear reactor has achieved “criticality,” marking the fifth new reactor type to be certified as operationally viable in the United States since June, after none were certified for more than a half-century, as the nation’s “nuclear renaissance” quickly advances to commercial mass-production.
...
Exit Narrative Grows: Bessent Says New Deal & Ceasefire Will Open Hormuz 'Today Or Tomorrow' -
Exit Narrative Grows: Bessent Says New Deal & Ceasefire Will Open Hormuz 'Today Or Tomorrow'
Summary
Bessent: Hormuz could reopen under a 30-60 day ceasefire as soon as "today or tomorrow."
Iran asserts that US & Israeli vessels remain barred until sanctions are lifted and compensation is paid.
Trump says the conflict could "end pretty soon," signaling a possible final US exit.
...
Meet The Investors In SpaceX Who Say Their Shares "Disappeared" -
Meet The Investors In SpaceX Who Say Their Shares "Disappeared"
Some investors who thought they had secured one of Wall Street's hottest trades, owning SpaceX before its blockbuster IPO, say the shares they expected to cash in on simply disappeared, according to the Wall Street Journal.
The controversy centers on special purpose vehicles (SPVs), investment funds that promise accre...
Rockstar Founder Builds $300M Celsius Stake, Launches Activist Offense: Management "All Need To Be Fired" -
Rockstar Founder Builds $300M Celsius Stake, Launches Activist Offense: Management "All Need To Be Fired"
Summary:
CELH shares Jump on CNBC Headline
Rockstar Founder Amasses 5.7% CELH stake, Tells CNBC He Wants To Be CEO
Thursday: Celsius Shares Crash As Revenue Misses Estimates
Rockstar Founder Begins Activist Move
One day after Celsius Holdings crashed 18% following a disma...
US Senate Pushes CLARITY Act Vote To September -
US Senate Pushes CLARITY Act Vote To September
Authored by Ezra Reguerra via CoinTelegraph.com,
Senate Republican leaders are expected to leave for their August recess without voting on crypto market structure legislation, delaying consideration of the bill until at least September, according to a report from Politico.
Senate Majority Leader John Thune confirmed that the chamb...
Consumers More Optimistic On Jobs, Financial Conditions, Stock Prices As Inflation Eases: NY Fed Survey -
Consumers More Optimistic On Jobs, Financial Conditions, Stock Prices As Inflation Eases: NY Fed Survey
Unlike recent extremely volatile months, consumers expectations for inflation in July barely budged as disclosed today by the latest NY Fed Survey, which showed that inflation expectations in one year fell slightly to 3.6% from 3.7% prior. Estimates for price increases in three a...
Hours After Murkowski Predictably Sides With Dems, Cassidy Unblocks Blanche AG Nomination -
Hours After Murkowski Predictably Sides With Dems, Cassidy Unblocks Blanche AG Nomination
Sen. Bill Cassidy announced Friday he will support Todd Blanche's nomination for attorney general, clearing the decisive path for confirmation after two other Republican senators opposed the pick.
Acting Attorney General Todd Blanche appears before the Senate Judiciary Committee on Capitol Hil...
Scientists Warn Of Urgent AI Biosecurity Threat -
Scientists Warn Of Urgent AI Biosecurity Threat
Authored by Steve Watson via Modernity News,
For the first time, artificial intelligence has designed complete, functional viral genomes from scratch.
Oh dear.
Stanford University and Arc Institute researchers used generative AI models to produce 16 novel bacteriophages that successfully infect and kill bacteria in the lab.
Bre...
July Jobs Shock: US Lost 23K Workers, Below Lowest Estimate, As Unemp Rate Drops To 4.1% -
July Jobs Shock: US Lost 23K Workers, Below Lowest Estimate, As Unemp Rate Drops To 4.1%
Ahead of today's jobs report, in our payrolls preview we warned that "July Has Emerged As A Very Poor Month For Jobs" and boy were we right: moments ago the BLS reported that in July, the US labor force shrank by a whopping 23K, sharply lower from a downward revised 20K in June (from 57K), and ...
Meta Ordered To Pay $567 Million In New Mexico For Children's Mental Health Fund -
Meta Ordered To Pay $567 Million In New Mexico For Children's Mental Health Fund
A New Mexico state judge on Aug. 6 ordered Meta to pay $567 million into a fund dedicated to remedying the harm caused to children’s mental health by the company’s social media platforms.
Meta is the parent company of Facebook, Instagram, and WhatsApp.
State judge Bryan Biedscheid said in a 68-page o...
MarketWatch - Top Stories
CNBC Top News
CNBC Economy
Here are three key takeaways from the disappointing July jobs report -
Nonfarm payrolls in the U.S. unexpectedly declined in July, but so did the unemployment rate, leaving investors with mixed signals.
U.S. economy unexpectedly lost 23,000 jobs in July -
Nonfarm payrolls were projected to increase by 83,000 in July while the unemployment rate would hold steady at 4.2%, according to the Dow Jones consensus.
The July jobs numbers are due out Friday. Here's what to expect -
Nonfarm payrolls are expected to post a gain of just 83,000 with an unchanged unemployment rate at 4.2%.
Private companies added just 44,000 workers in July, below expectations, ADP reports -
Hiring at private companies slowed considerably in July, with most of the job growth coming health care.
Europe is blowing up riverbeds as an extreme drought wreaks havoc on its economy -
Severe drought is disrupting energy and freight across Europe as low Rhine and Danube levels raise risks for supply chains and economic growth.
GATA
China's gold reserves rise by most since October 2023 as buying pace quickens -
By Qiaoyi Li, Liz Lee, and Dylan DuanReutersFriday, August 7, 2026
China's central bank stepped up its gold purchases for a fifth straight month in July, adding the most bullion to its reserves since October 2023, official data showed today.
The People's Bank of China extended its gold-buying run to a 21st consecutive month, with reserves rising to 76.08 million fine troy ounces at the end ...
Yen intervention showed dollar's dominance is slipping -
By Joseph AdinolfiMarketWatch, New YorkThursday, August 6, 2026
President Donald Trump and Treasury Secretary Scott Bessent chalked up last week's historic joint intervention to support the yen as a friendly gesture in support of an ally.
Wall Street analysts later explained that the real motivation was likely to protect the Treasury market, just as volatility was starting to tick higher.
... D...
China is moving some gold from London to new Hong Kong trading hub -
China's Central Bank Adds Gold in Hong Kong to Support Hub
From Bloomberg NewsThursday, August 6, 2026
China's central bank is stockpiling more gold in Hong Kong, according to people familiar with the matter, in a move that's likely to support the city’s push to become a major bullion-trading hub.
The People's Bank of China has built up inventories in Hong Kong over the past few months, said th...
African countries are souring on the dollar -
From The Economist, LondonThursday, August 6, 2026
On Cairo Road, a bustling commercial strip in Lusaka, Zambia's capital, traders and shoppers once haggled over gadgets, furniture and other goods priced in dollars. For decades the greenback was similarly entrenched across the Zambian economy. From car purchases to business contracts, large transactions were routinely settled in the American cu...
Congo bans export of copper and cobalt concentrates, Reuters says -
By Ange Adihe Kasongo and Maxwell Akalaare AdombilaReutersThursday, August 6, 2026
KINSHASA, DR Congo -- The Democratic Republic of Congo has banned exports of copper concentrate and cobalt concentrate as it escalates efforts to force domestic processing and retain more value from its mineral resources, a government order reviewed by Reuters today shows.
After Reuters reported the ban, benchma...
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 ...
These Countries May Be Next To Accept Bitcoin as Legal Tender -
One of the main knocks against cryptocurrency has always been that it will never gain universal adoption, meaning its usefulness will always be limited. This perhaps changed forever on September 7, ...
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 ...
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, ...
The Conundrum Of Bitcoin Legal Tender Laws -
Nayib Bukele, El Salvador’s laser-eyed President, shocked the world at the Bitcoin 2021 conference in Miami when he announced that bitcoin would become legal tender in his country. A few days later, ...
CoinDesk
BitMEX sale collapsed as buyers balked at founder ownership and shrinking business -
Potential buyers, including Exodus, passed on BitMEX amid concerns over founder ownership and its shrinking business, according to a source familiar.
Bybit sues North Korea and Lazarus Group over $1.5 billion hack, secures asset freeze -
The exchange has secured a preliminary injunction freezing stolen assets.
OKX's Rafique doubts Clarity Act will pass, warns optimism is already priced into bitcoin -
The OKX executive says Democrats have little incentive to hand Republicans a crypto victory before the midterms.
How a five-second trick let traders drain millions from Polymarket -
After months of public warnings from onchain analysts, the prediction market is moving to time-weighted prices to make artificial price pushes too costly.
A part of FTX survived, and it’s the case for the CLARITY Act -
When FTX collapsed, the parts of it bound by law survived. Mainstream finance is now converging with digital assets, and the law built to protect it the same way is the one the Senate did not pass this week, argues Bullish's Randi Abernethy.
Russia cracks down on unlicensed crypto exchanges it claims are linked to Ukraine -
The FSB said at least 20 individuals were arrested in connection with a ring that scammed an undetermined number of Russian citizens.
U.S. unexpectedly shed 23,000 jobs in July, putting Fed rate hikes in question -
The chances of a Federal Reserve rate hike at its next meeting in September have slipped below 50% in the aftermath of the report.
After a Clarity Act funeral, the crypto world would keep turning -
With the U.S. crypto bill missing a crucial window before the Senate hangs its closed-for-summer sign, the alternatives are getting more attention.
Why Bitcoin's BIP-110 refuses to die despite near-zero miner support -
BIP-110 has attracted only a sliver of miner support, yet its user-activated design means the proposal continues toward its activation date and (most likely) beyond.
Bitcoin’s volatility has nearly disappeared. The risk hasn’t. -
Your day-ahead look for Aug. 7, 2026
bitcoin.com
Wintermute Registers as US Broker-Dealer, Eyes Tokenized Stocks -
Wintermute’s U.S. arm has registered as a broker-dealer, giving the crypto market maker a path into regulated securities trading. The firm plans to expand from digital-asset ETFs and related markets into tokenized equities if U.S. regulators permit them. Wintermute Challenges Jane Street, Citadel With US Securities Push Wintermute is moving deeper into traditional finance, registering […]
Intesa Sanpaolo Cuts BTC ETF Stake by 94%, Triples Staked ETH Position -
In its Q2 2026 Form 13F filing, Italian banking giant Intesa Sanpaolo revealed a 94% reduction in its flagship spot bitcoin ETF while tripling its position in Blackrock’s iShares Staked Ethereum Trust ETF. Strategic Expansion into Staked Ethereum Intesa Sanpaolo, Italy’s largest banking group, has reshaped its digital asset portfolio during the second quarter, slashing […]
BIP-110 Supporters Prepare PoW Switch If Miners Refuse Soft Fork Plan -
Bitcoin developer Chris Guida has dusted off code that could swap the mining algorithm on a breakaway BIP-110 chain if supporters fail to overcome miners’ resistance. With the activation height closing in fast, supporters are now openly floating a proof-of-work (PoW) swap if BIP-110 leaves them stranded on a weak minority chain that stops moving. […]
Cathie Wood’s Ark Buys $21M in Block, $2.3M in SpaceX -
Cathie Wood’s Ark Invest bought $21 million in Block shares and $2.3 million in SpaceX stock, doubling down on two companies sitting at the intersection of bitcoin and Elon Musk’s business empire. Ark’s Latest Trades Ark Invest, the asset management firm founded by Cathie Wood and known for publishing its daily trading activity, disclosed purchases […]
Bitcoin Red Team Finds 4,962 Flaws After Coldcard Hack -
A volunteer security group called the Bitcoin Red Team uncovered 4,962 vulnerabilities, 85 of them critical, across 390 open-source Bitcoin projects over a 27-hour stretch after the Coldcard hack. A Response to the Coldcard Exploit The Coldcard hardware wallet exploit drained bitcoin (BTC) from long-term holders after a firmware bug dating to March 2021. Losses […]
Reason
AI "Combines the Illusion of Thorough Review and Analysis with the Temptations of Speed and Low Cost" -
"Attorneys now have the power to violate Rule 11 in embarrassing ways within minutes."
Trump Administration Will Pay $1.2 Billion To Cancel More Offshore Wind Projects, Calling It 'Common Sense' -
German energy company RWE decided "there is no path forward to permit these projects in the U.S. for the foreseeable future."
Trump Says He Took Venezuela's Oil. Here's What Actually Happened. -
Trump put Venezuelan revenues in a secretive bank account overseen by the U.S. government. It's a display of the Treasury's unaccountable power.
North Dakota Court Upholds Rejection of Sudanese Triple-Talaq Divorce -
From Ali v. Osman, decided yesterday by the N.D. Supreme Court, in an opinion by Chief Justice Lisa Fair McEvers…
The post North Dakota Court Upholds Rejection of Sudanese Triple-Talaq Divorce appeared first on Reason.com.
One Night Only Is a Rare Rom-Com About Regulation -
In The Purge: but for Sex, everyone takes a crackdown on sexual freedom for granted.
Amicus Brief in Lawsuit Against Meta Over Buffalo Supermarket Shooting and Allegedly Addictive Design -
From Jane Bambauer's and my brief in Patterson v. Meta Platforms, Inc., pending now before New York's highest court (for…
The post Amicus Brief in Lawsuit Against Meta Over Buffalo Supermarket Shooting and Allegedly Addictive Design appeared first on Reason.com.
A Burrito Costs How Much? -
Plus: The economy lost 23,000 jobs in July, inflation is outpacing wage growth, Trump is still mad about birthright citizenship, and more...
Defendant's Refusal to Identify Herself Leads to Recommended Default Judgment Against Her -
From today's Report and Recommendations by Magistrate Judge Elizabeth A. Staffordt (E.D. Mich.) in yesterday's Evans v. Robertson: Plaintiff Sybrena…
The post Defendant's Refusal to Identify Herself Leads to Recommended Default Judgment Against Her appeared first on Reason.com.
Posting "I Wish Someone Would In Alive Him" About Federal Judge Isn't Punishable Threat -
From Judge Carlos Mendoza (M.D. Fla.) in U.S. v. Joudeh: Defendant is charged with one count of transmission of an…
The post Posting "I Wish Someone Would In Alive Him" About Federal Judge Isn't Punishable Threat appeared first on Reason.com.
Errors Involving Posting of Escort's Photos by Escort Service Aren't Subject to Federal Nonconsensual Porn Statute -
From Doe v. T.T., II, Inc., decided yesterday by Judge Dale Kimball (D. Utah.): Defendant T.T. … is an escort…
The post Errors Involving Posting of Escort's Photos by Escort Service Aren't Subject to Federal Nonconsensual Porn Statute appeared first on Reason.com.
Cato Institute
Tenth Amendment Center
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.
The Buck Stops Nowhere -
Having burned through billions of dollars and depleted critical munitions stockpiles, the Pentagon is running out of money. Our money. According to the Washington Post, the Pentagon is facing an urgent budget shortfall caused largely by the Iran war, with some critical funding accounts expected to run dry within weeks. Training, maintenance and other military priorities are reportedly being […]...
Constitution Enforcement: 6 Ignored Steps That Actually Work -
The founders knew exactly what it takes to deal with unconstitutional power. How that gets done? It’s built on their experience and tactics against the British empire. On this Episode - it’s 6 steps that actually work as the real enforcement mechanism for the constitution. They come right from the American Revolution, backed by the ultimate check - the duty of self preservation
The post Constit...
Electronic Frontier Foundation
Tomorrow’s U.S. Senate Vote: Four Internet Bills, One Wrong Direction -
The Senate Commerce Committee will vote this week on several censorious and privacy invasive bills: KOSA, the SCREEN Act, Youth AI Privacy Act, and CHATBOT Act. While we appreciate that the Committee is taking the time to look at these bills separately, it’s still impossible to ignore the message Congress is sending to the world: Age-gate the internet and block young people from speaking and ac...
Appeals Court Agrees with EFF that Building a Web Browser Doesn’t Violate the CFAA -
The Ninth Circuit Court of Appeals has endorsed a commonsense technical interpretation of the Computer Fraud and Abuse Act (CFAA), a law not usually given to such interpretation. Amazon had sued Perplexity AI to try to shut down its Comet browser, claiming the browser’s optional agentic AI “Assistant” that can browse websites like Amazon for comparison shopping purposes, violated the CFAA becau...
Mobile Ad Software Encourages Location Data Sharing, EFF Report Finds -
Developers Must Beware of Ad Libraries that Betray Users’ PrivacySAN FRANCISCO – Some software development kits (SDKs) provided by advertising companies to help developers monetize their apps are automatically feeding users’ location data into systems that location data brokers use to track people, an Electronic Frontier Foundation (EFF) report found.
EFF began investigating the location-shari...
The Institute For Justice - Press Releases
Court Rules North Carolina Family’s Lawsuit Can Move Forward After SWAT Team Raided, Damaged Wrong Home -
WILMINGTON, N.C.—On Thursday, the United States District Court for the Eastern District of North Carolina denied qualified immunity for officers who raided an innocent family’s Pender County home in […]
The post Court Rules North Carolina Family’s Lawsuit Can Move Forward After SWAT Team Raided, Damaged Wrong Home appeared first on Institute for Justice.
Former Attorneys General, Business Associations, and Former Department of Labor Leaders Support Family Farm’s Supreme Court Case -
ARLINGTON, Va.—In its fall term, the U.S. Supreme Court will consider a lawsuit challenging the constitutionality of the Department of Labor’s agency court system. New […]
The post Former Attorneys General, Business Associations, and Former Department of Labor Leaders Support Family Farm’s Supreme Court Case appeared first on Institute for Justice.
Major Ruling in Favor of True Food Labels as Federal Appeals Court Revives First Amendment Lawsuit Against FDA and USDA -
ARLINGTON, Va.—A federal appeals court revived a First Amendment lawsuit from a customer and small business owner seeking to provide true information on food labels. The United States […]
The post Major Ruling in Favor of True Food Labels as Federal Appeals Court Revives First Amendment Lawsuit Against FDA and USDA 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
Don’t Let DOJ Appeal GOA’s NFA Win! -
TELL YOUR SENATORS, DON’T LET DOJ APPEAL OUR WIN! We won our case, but DOJ may appeal. Let’s secure our win and tell the “most pro-2A” Department of Justice to walk the walk… We just won our “One Big Beautiful Lawsuit,” against the registration requirements of the NFA at the district level in Texas. This is quite possibly the largest victory … Read more
WE WON OUR CASE AGAINST THE NATIONAL FIREARMS ACT! -
WE WON OUR CASE AGAINST THE NATIONAL FIREARMS ACT! Thanks to GOA’s “One Big Beautiful Lawsuit” a federal judge has struck down the registration requirements on certain NFA items… We just won our “One Big Beautiful Lawsuit,” against the registration requirements of the NFA at the district level in Texas. This is quite possibly the largest victory against the National Firearms … Read more
Federal Court Rules Key National Firearms Act Restrictions Are Unconstitutional in GOA Lawsuit -
Federal Court Rules Key National Firearms Act Restrictions Are Unconstitutional in GOA Lawsuit FOR IMMEDIATE RELEASE August 5, 2026 SAN ANGELO, TX — Gun Owners of America (GOA) and fellow plaintiffs scored a major win today. The U.S. District Court for the Northern District of Texas ruled that key National Firearms Act of 1934 (NFA) restrictions are unconstitutional for untaxed firearms and ...
Banking Dive
American Banker
As divisions linger, Senate punts CLARITY Act to September -
Senate Majority Leader John Thune, R-S.D., said the cryptocurrency market structure bill will be considered "first thing" after senators return from recess in September.
Wealth management has got junior advisors' first 90 days covered. What happens on day 91? -
As AI tools take over more of the research, drafting and prep work that once taught new advisors the job, firms are racing to figure out what should replace it.
Exclusive: Warren presses OCC to revoke United Texas Bank charter -
In a letter to the Federal Reserve and Office of the Comptroller of the Currency, Sen. Elizabeth Warren, D-Mass., questioned the decision to allow a Texas bank to change charters while under a cease-and-desist order related to money laundering controls.
Hiring shortfall leaves all options open for Fed -
The economy lost 23,000 jobs in July, but the unemployment rate ticked down to 4.1% all the same. The development could embolden both hawks and doves at the central bank.
As asset managers chase advisors, Clark Capital says it was there first -
Following its purchase by Raymond James, Clark Capital's CEO discusses his firm's future and how he aims to help advisors operate as "mini virtual multifamily offices."
Bank of International Settlements
Energy shocks and inflation: challenges for monetary policy -
by Ryan Niladri Banerjee, Fiorella De Fiore, Marco Jacopo Lombardi, Giovanni LombardoThe recent energy shock ranks among the most significant since the 1990s. Structural factors and initial conditions influence how energy shocks propagate into inflation – directly and through second-round effects. The appropriate monetary policy reaction depends on the persistence of the inflationary pressures ...
Michelle W Bowman: Responsible innovation and financial inclusion -
Speech (via pre-recorded video) by Ms Michelle W Bowman, Vice Chair for Supervision of the Board of Governors of the Federal Reserve System, at "Next-gen financial inclusion", the third annual Financial Inclusion Conference hosted by the Federal Reserve Board, Washington DC, 14 July 2026.
Philip N Jefferson: Navigating economic shocks - a monetary policymaker's perspective -
Speech by Mr Philip N Jefferson, Vice Chair of the Board of Governors of the Federal Reserve System, at the Stanford Institute for Economic Policy Research, Stanford University, Stanford, California, 16 July 2026.
Federal Reserve - Press Releases
FDIC - Press Releases