Precious Metals and Market News

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Kitco News

Silver leads metals higher as traders defend key support - Kitco PM Report - (Kitco NewsWire) - Spot gold and silver prices were sharply higher late Thursday, as safe-haven demand tied to U.S.-Iran risk met a late-session pullback in crude oil after fresh deal signals.

Don't fear a drop below $4,000, gold's bull market isn't broken - Thorsten Polleit - (Kitco News) - Despite significant selling pressure, the gold market has managed to hold critical long-term support above $4,000 an ounce.

Precious metals traders prepare to defend $4,000 gold, while break of $60 silver would be ‘catastrophic’ - FX Empire’s Lewis - (Kitco News) - Gold prices are seeing volatility on Thursday as traders prepared for a test of the $4,000 per ounce support level, while silver traders are gearing up for their own critical battle to defend $60, according to Christopher Lewis, market analyst at FX Empire.

National Bank of Georgia buys $100 million in physical gold - (Kitco News) - Central bank demand has provided key support for gold throughout its unprecedented rally, and while official purchases have slowed in recent months as nations contend with growing inflationary pressures and a global energy crisis, demand has not disappeared.

Gold, silver edge lower as PPI stays hot - Kitco AM Report - (Kitco NewsWire) - Spot gold prices are weaker and spot silver prices are also lower in early U.S. trading Thursday, as another hot inflation print kept the Fed-rate channel in control while the U.S.-Iran conflict continued to support the oil-risk premium.

Gold price remains under pressure as U.S. jobless claims rises to 229k - (Kitco News) - The gold market remains firmly caught in a downtrend, with prices trading near critical long-term support levels. Even potentially slowing momentum in the labor market has not been enough to pull prices out of this tailspin.

Gold price continues to struggle against euro as ECB raises interest rates by 25 basis points - (Kitco News) - The gold market continues to face significant downside risks and is seeing little reaction as interest rates rise in Europe.As expected, the European Central Bank increased its interest rates by 25 basis points. Interest rates for the central bank's deposit facility, the main refinancing operations, and the marginal lending facility have been increased to 2.25%, 2.40%, and 2.65%,...

Spot gold at $4,062/oz after U.S. May PPI rises 1.1%, core PPI up 0.4% - (Kitco News) - The gold market is approaching its earlier lows after the latest data shows U.S. producers saw mixed price pressures last month.The headline Producer Price Index (PPI) rose 1.1% in May, following April’s downwardly revised 1.1% rise, the U.S. Labor Department announced on Thursday. The latest inflation data was higher than expectations, as economists looked for a 0.7% increa...

Gold breaks toward $4,000 as oil, yields weigh on metals - Kitco PM Report - (Kitco NewsWire) - Spot gold and silver prices are sharply lower after the close Wednesday, as the May inflation report, elevated Treasury yields and renewed U.S.-Iran escalation overwhelmed residual safe-haven demand.

Gold price could triple if 1970s bull market pattern holds, says Jeff Clark - (Kitco News) - Gold’s sharp correction this year may be unsettling for investors, but one market strategist argues the precious metal remains firmly within a historic bull market that is tracking one of its most historic rallies almost “tick for tick.”

Zero Hedge

US Investigating Iran War Critic Trita Parsi, Co-Founder Of Non-Interventionist Think Tank - US Investigating Iran War Critic Trita Parsi, Co-Founder Of Non-Interventionist Think Tank Via Middle East Eye The Trump administration has launched an investigation into prominent Iran war critic Trita Parsi, according to a report in the Free Press. According to US officials and documents reviewed by the pro-Trump outlet, officials are looking into the possibility of deporting P...

JPM Call With Axon Reveals Race To Fortify U.S. Data Centers Against Kamikaze Drone Swarms - JPM Call With Axon Reveals Race To Fortify U.S. Data Centers Against Kamikaze Drone Swarms Axon Enterprise is moving beyond its legacy police body-camera and TASER products and rapidly expanding into drones, robotics, and counter-drone systems, positioning itself as a top supplier in the public safety sector, according to JPMorgan analysts. In a note on Wednesday, JPM analysts led...

Florida Supreme Court Allows New GOP Congressional Map To Remain In Place - Florida Supreme Court Allows New GOP Congressional Map To Remain In Place Via American Greatness, The Florida Supreme Court on Wednesday declined to block a new congressional map approved by Republican lawmakers earlier this year. The map allows the districts to remain in place as the state prepares for upcoming elections. The decision marks a victory for Gov. Ron DeSantis an...

Fed Up With Food Delivery App Fees & Tips? Barclays Has Terrific News - Fed Up With Food Delivery App Fees & Tips? Barclays Has Terrific News Whether consumers are ordering from Uber Eats or DoorDash, delivery costs before tips now average roughly $8 to $10 per order. Add in the tip, and the basic meal for one at Chipotle, such as a burrito bowl, moves into unaffordable territory for many working-class folks. The result is that food delivery, once pitc...

Middle Schoolers' Reading & Math Scores Remain Below Pre-Pandemic Levels, US Results Show - Middle Schoolers' Reading & Math Scores Remain Below Pre-Pandemic Levels, US Results Show Authored by Aaron Gifford via The Epoch Times, Although math and reading scores for 9-year-old students across the country have improved slightly over the past three years, their 13-year-old peers have seen no gains in the same subject areas, according to U.S. Department of Education data rel...

"It Was Like Two Bucks": Homeless Residents Say They Were Paid To Vote In Los Angeles Mayoral Race - "It Was Like Two Bucks": Homeless Residents Say They Were Paid To Vote In Los Angeles Mayoral Race Shocking videos posted on social media show multiple homeless Skid Row residents claiming they accepted cash payments ranging from $2 to $5 in exchange for voting for Los Angeles Mayor Karen Bass and city councilwoman Nithya Raman in last week's mayoral election. Spencer Pratt was el...

Australian Financial Watchdogs Back New Powers To Curb Money-Laundering Via Crypto - Australian Financial Watchdogs Back New Powers To Curb Money-Laundering Via Crypto Authored by Rex Widerstrom via The Epoch Times, Australian crime-fighting and financial agencies are moving to prevent the use of cryptocurrency for money laundering, scams, and money-mule activities. Illustration of Bitcoin and Ethereum coins held together in front of diverses EURO banknotes in Par...

Cops Bust India-Based Gold Scam Before Widow Loses $700K - Cops Bust India-Based Gold Scam Before Widow Loses $700K A widow who was told her Social Security funds were being used to support terrorism nearly lost $700,000 in a gold scam, according to WOOD ABC 8.   The fraudsters convinced her to buy gold, but a suspicious coin dealer alerted authorities before the transaction could be completed. Ben Soldaat, owner of Grand Rapids Coins, no...

Raising Girls Who Won't Be Bullied Off The Starting Line - Raising Girls Who Won't Be Bullied Off The Starting Line Authored by Patti Garibay via RealClearPolitics, The parents of California high school track athlete Reese Hogan did something no parent should have to do. They went to the press to ask why Gov. Gavin Newsom is fine letting a biological boy compete against their daughter for a girls' title. Reese put in the hard work require...

Trump Nominates US Attorney Jay Clayton As Director Of National Intelligence - Trump Nominates US Attorney Jay Clayton As Director Of National Intelligence Authored by Jack Phillips via The Epoch Times, President Donald Trump on Thursday said he is nominating Jay Clayton, the U.S. Attorney for the Southern District of New York, to be his director of national intelligence. The move comes weeks after former intelligence chief Tulsi Gabbard said she is step...

MarketWatch - Top Stories

Rocket Lab and these four stocks are joining the Nasdaq 100, with SpaceX waiting in the wings - The Nasdaq 100 could imminently include SpaceX, but first it’s getting a shakeup that will usher in another space-technology company and four flashy AI plays.

I’m 55 and earn $100,000. Should I take a $2,900 monthly pension — or $2,200 with 3% annual hikes? - “I plan to continue working until age 60.”

I’m 60, retired with $3 million. My fiancée, 55, only has $1 million and plans to keep working. Are we compatible? - “Although she is quite frugal, she has not been particularly diligent with investing.”

Social Security insolvency is ‘entirely solvable,’ says commissioner under Biden - The solution is simple — but it won’t be easy.

My golf buddy worked as a financial adviser. Here’s how I knew his friendship was fake. - “He always mentioned how popular I was.”

My elderly mother and I own a home together. Will Medicaid force its sale? - “My sister thinks Medicaid will take the house my mom and I own together.”

Adobe is losing another top executive, and investors don’t like it - Adobe’s stock falls further, after closing Thursday at the lowest price in more than seven years.

The SpaceX IPO is drawing historic demand from foreign investors. But don’t expect a dollar-buying frenzy. - Foreign investors are willing to bet on U.S. companies that are IPO-bound, but not on the dollar itself, according to FX analysts

We asked AI to predict the 2026 World Cup winner. It picked a team that’s never won. - Some 2026 World Cup predictions from AI models are going against tradition to pick the underdogs. Here’s why.

Foster children are getting their own version of ‘Trump accounts,’ but major questions remain - States will be responsible for the sign-up process, but it’s unclear what happens after that.

CNBC Top News

From startup to $1.8 trillion: The investors who took a chance on SpaceX now reap the rewards - With SpaceX seeking an IPO valuation of nearly $1.8 trillion, early bets are poised to generate some of the biggest paper gains in venture capital history.

Stock futures tick higher as Wall Street gears up for SpaceX’s historic IPO: Live updates - Elon Musk's rocket maker is set to debut on the Nasdaq on Friday in what will be the largest IPO in history.

Oil prices fall on hopes of U.S.-Iran deal despite Tehran pushback - Oil prices fell on Friday after U.S. President Donald Trump said Washington had reached a framework agreement with Iran, raising hopes that tensions in the Middle East could ease.

A Chinese start-up's unfolding dilemma exposes cracks in Beijing's tech funding machine - While the U.S. channels support to tech winners indirectly via incentives, Chinese governments at every level take direct equity stakes.

SpaceX cuts retail IPO allocation to low 20% range, source says - The Elon Musk-led company plans to direct a percentage in the low 20s of the offering to retail buyers, according to a person familiar with the matter.

CNBC Economy

A Chinese start-up's unfolding dilemma exposes cracks in Beijing's tech funding machine - While the U.S. channels support to tech winners indirectly via incentives, Chinese governments at every level take direct equity stakes.

Wholesale prices rose 1.1% in May, more than expected, on surge in energy - The producer price index was expected to increase 0.7% in May, according to the Dow Jones consensus forecast.

ECB hikes interest rates for first time since 2023 as Iran war ramps up energy costs - The European Central Bank also raised its inflation forecasts and cut its growth outlook.

Consumer prices rose 4.2% annually in May, highest in three years - The consumer price index was expected to show a 4.2% gain from a year ago, according to the Dow Jones consensus estimate.

Energy prices take center stage as the ECB prepares to decide on rates - The ECB is expected to raise rates by 25 basis points as higher energy prices drive inflation and raise concerns about broader price pressures.

GATA

Caucasus nation of Georgia purchases $100 million in gold to boost its reserves - From Business Media, Tbilisi, GeorgiaWednesday, June 10, 2026 Following a decision by the board of the National Bank of Georgia, the central bank has acquired an additional US$100 million worth of highest-purity (999.9) LBMA-standard gold bullion for its international reserves. As a result of this latest purchase, the share of monetary gold within the National Bank of Georgia's international re...

SilverTrade.com finds GATA Chairman Murphy still bullish despite attacks on metals - 4:50p ET Thursday, June 11, 2026 Dear Friend of GATA and Gold (and Silver): Jon Lindau, managing editor of SilverTrade.com, this week interviewed GATA Chairman Bill Murphy about why he's still bullish on silver despite the recent attacks on the monetary metals. The interview is 27 minutes long and can be seen at the Silver Trade channel at YouTube here: https://www.youtube.com/watch?v=4r8LNTgna...

Monetary metals industry coalition urges Congress to pass SILVER Act  - From Money Metals News Service, Eagle, IdahoThursday, June 11, 2026 A broad coalition representing dozens of key stakeholders across all segments of the U.S. precious metals industry formally called on Congress today to advance the System Integrity through Licensed Vault Expansion & Resilience Act (SILVER Act), bipartisan legislation designed to address national security risks by strengthening ...

New Fed chairman wants to move the inflation goalposts - By Mike MaharreyMoney Metals Exchange, Eagle, IdahoTuesday, June 9, 2026 What do you do if you have a standard that's not being met? Move the goalposts! Of course you could work harder to meet the goal. But that's hard. So why not just change the standard and make it easier to meet? That seems to be a strategy at the Federal Reserve. ... Dispatch continues below ... ... ADVERTISEMENT ... Bull...

Consumer prices rose 4.2% annualized in May, highest in three years - By Jeff CoxCNBC, New YorkWednesday, June 10, 2026 Inflation accelerated in May as rising energy costs contributed to pain for consumers, though underlying pressures were less intense. The consumer price index, a broad gauge of goods and services costs across the U.S. economy, rose at a seasonally adjusted 0.5% for the month, putting the annual inflation rate at 4.2%, the Bureau of Labor Statist...

Wolf Street

What Homebuilder Lennar Said about the Tough Housing Market: Average Sales Price Down 24% from Peak, back to 2017 - Cut the price, and they will buy. Dealing with the affordability crisis. Sales volume is up, but shares have plunged by nearly 50%.

Producer Price Inflation beyond Energy: 6-Month Services PPI, “Core” Goods PPI & “Core” PPI Blow by 6%, Worst since 2022 - The surge in energy costs is bad, but there's a lot of inflation from other sources.

CPI Inflation 4.25%, Blows by 2-Year Treasury Yield, Closes in on 10-Year Treasury, Driven by “Supercore” Services, Gasoline, Electricity - Supercore services inflation surged, after taking off last fall. And AI data center demand drives electricity inflation.

CoinDesk

Elon Musk's SpaceX prices shares at $135, raising $75 billion in largest-ever IPO - The company's fully diluted value will be about $1.8 trillion, with the stock set to open for trade on Friday on the Nasdaq.

Coinbase launches AI agent accounts that can trade and spend on your behalf - "Coinbase for Agents" is a new platform that lets AI assistants like ChatGPT and Claude connect to users’ Coinbase accounts to trade crypto, access data and eventually make payments and purchases autonomously.

Banking rails are moving past the 'stablecoin winner' narrative: Sygnum - Digital asset bank Sygnum says institutional clients want multiple tokenized cash instruments operating interchangeably on a single platform.

Crypto for Advisors: Crypto ETFs - Global crypto ETFs saw significant outflows in May, but diversified exposures showed relative resilience; we explore what the data signals for long-term investors.

U.S. House bill would erect crypto-theft task force across law enforcement agencies - New legislation from a bipartisan duo would set up a multi-agency group under the U.S. attorney general to take a lead on cryptocurrency theft cases.

SpaceX stock is coming to Solana on the same day it lists on Nasdaq - The firms making that possible say eligible shares can also be converted back into tokens, creating a bridge between traditional brokerage accounts and blockchain-based markets.

Canton Network developer raises $355 million to bring Wall Street onchain - The investment comes as blockchains designed for big banks and institutions are having a moment, with Stripe's Tempo and Circle's Arc raising hundreds of millions of dollars.

Tether leads $1.4 billion funding round in German robotics company Neura - The investment is part of the stablecoin giant’s expansion into industries outside of crypto.

CoinDesk 20 performance update: Uniswap (UNI) gains 4.5% as all constituents rise - Solana (SOL), up 2.6% from Wednesday, was also a top performer.

Citi opens new route into private markets with tokenized share offering - The bank said it is using blockchain technology to connect investors with private company equity through digital depositary receipts.

bitcoin.com

Coinbase, MassPay Link 180-Country Network to Enterprise USDC Payouts - Coinbase and MassPay are connecting USDC settlement to a payout network spanning 180 countries, giving enterprises a simpler path for global disbursements. The integration supports dollar funding, USDC conversion, digital asset payouts, and local currency delivery through existing MassPay workflows. Stablecoin Payouts Enter Enterprise Payment Workflows Global payout infrastructure is shifting a...

XRP Gets AI Agent Payment Support in Ripple’s XRPL AI Starter Kit as Executive Sees Billions Ahead - XRP is being positioned for AI-driven commerce as Ripple launches a developer toolkit that enables autonomous software to transact on the XRP Ledger. The XRPL AI Starter Kit adds support for XRP and RLUSD payments, while Ripple executives argue agent-to-agent transactions could eventually move billions in value. XRP Takes a Bigger AI Payments Role as […]

Millions Recovered in Crypto as $100M Fraud Scheme Falls Apart - A federal fraud case led to major crypto seizures after prosecutors said nearly $100 million moved through bank accounts and exchanges. Authorities seized some $7.1 million from digital wallets tied to the scheme, while prosecutors separately seek $24,707,031 in restitution. Crypto Seizures Show How Fraud Proceeds Moved Through Digital Markets Millions of dollars in cryptocurrency […]

XRP Eyes $2 as Binance Data Shows No Aggressive Whale Selling - XRP is trying to regain momentum toward $2 as Binance inflow data shows no fresh spike in large-holder deposits. Cryptoquant analysis found whale-sized transfers have eased after a 2025 peak, suggesting recent weakness may be tied more to liquidations and broader market pressure. Binance XRP Inflows Show Whale Selling Pressure May Be Easing XRP could […]

Blackrock Files Final Pre-Launch Form for Bitcoin Covered-Call ETF, Analyst Gives 1-Week Window - Bloomberg Intelligence senior exchange-traded fund (ETF) analyst Eric Balchunas said on Thursday that Blackrock’s Ishares Bitcoin Premium Income ETF could be live on Nasdaq within a week after the firm filed a Form 8-A with the U.S. Securities and Exchange Commission (SEC). Balchunas Calls the Date “Blackrock filed an 8-A for the Bitcoin Premium Income […]

Reason

The Judicial Misconduct Complaint Against Judge Ryan Nelson: What Happens Next? - Another guest post from Professor Arthur Hellman.

DHS Says He's a Terrorist. His Lawyers Say He's Being Punished for Palestinian Advocacy. - The legal team of Salah Sarsour alleges that he risks death from being denied basic diabetes care after two months in detention.

Graham Platner, Other Fools Blame Their Problems on the 'Epstein Class' - It's a cope.

No Heckler's Veto Allowed at School Board Meetings - The case arose when a public commenter "attempted to express her views regarding the school district's alleged teaching of critical race theory."

Iowa Man Seen in Viral Body Camera Footage Wins $105,000 Wrongful Arrest Lawsuit - After nearly four years of legal battles, Tayvin Galanakis has finally won his case against the officers who arrested him for allegedly driving while intoxicated without probable cause.

Marco Rubio's 'Cage Fights for Diplomacy' Are Another Form of Crony Capitalism - Instead of dismantling the cultural exchange bureau, the State Department wants it to sponsor sports leagues.

Two Senators Offer a Bipartisan Solution to Censorship by Proxy - The JAWBONE Act would let Americans sue government officials who try to restrict their speech by pressuring social media platforms, broadcasters, or AI companies.

Social Security Is Going Bankrupt Because Its Benefits Are Too Generous - Social Security's approaching insolvency is usually talked about as a revenue problem. It's actually a spending problem.

Beyond Orgasm: OneTaste Case Is About Freedom of Conscience, Says European Religious Freedom Group - Influence isn't a crime.

ACLU Sues After Facial Recognition Falsely Identifies Florida Man as a Child Abductor - Police arrested and charged Robert Dillon with a heinous crime based on nothing more than a faulty image search.

Cato Institute

Trump’s Anti-Weaponization Fund Is a (Another) Slush Fund - If Trump’s settlement stands, future presidents will have a roadmap for turning lawsuits into spending programs and political grievances into taxpayer-financed payouts.

There and Back Again: The 21st Century ROAD to Housing Act - The House’s amendment to the 21st Century ROAD to Housing Act is a great improvement over the Senate’s version. However, the bill is still filled with policies that won’t help, but rather harm, the housing market.

After the Castro Tyranny, Cubans Should Lead Their Transition to Freedom - When and if the Cuban dictatorship finally collapses, it would be best to let Cubans themselves determine their return to freedom.

A Federal Gas Tax Holiday Would Be Expensive and Ineffective - When the federal gas tax comes up for reauthorization in 2028, Congress should simply let the gas tax expire.

The SEC Throws in the Towel on Gag Orders - Facing an increasingly speech-friendly Supreme Court, the SEC reluctantly–and belatedly–decides to stop censoring its victims.

Tenth Amendment Center

It’s not Treason. It’s Self-Defense. - “For transporting us beyond seas, to be tried for pretended offences.” From the Declaration of Independence, one of the charges against the King that justified secession. It was built on a violent American raid on the British few of us are ever taught about. In the early hours of June 10, 1772, a band of Rhode Islanders rowed out in the dark, shot and seriously wounded a Royal Navy commander, c...

A Nation of Suspects - Some of the recent legal challenges to the use of surveillance by the Department of Homeland Security upon Americans have resulted in the revelation of truly terrifying behavior by the government, in direct defiance of the Fourth Amendment to the Constitution. We now know that the federal government spies on innocent Americans without suspicion and […] The post A Nation of Suspects appeared fir...

Liberty Isn’t Taken. It’s Surrendered. - Tyrants exploit the ignorance and corruption of the people. Samuel Adams warned us, but don’t just blame the tyrants. He said we should blame the people who make them possible by giving us a self-inflicted tyranny. On this Episode: Liberty isn’t taken. With a one-two punch, it’s surrendered. The post Liberty Isn’t Taken. It’s Surrendered. appeared first on Tenth Amendment Center.

Electronic Frontier Foundation

Yes to California's Bill to Ban Surveillance Pricing - Corporations harvest and monetize ever-growing amounts of our personal data, such as our browsing history and physical location. One bitter fruit of this poisonous tree is known as “surveillance pricing”: corporations offer the same product to two different people at two different prices, based on scrutiny of these people’s respective personal data. Surveillance pricing is bad for privacy, equi...

‘News’ Site Keeps Hallucinating EFF Staffers - What do EFF staffers Sarah Chen, Javier Morales, Caitlin Chin, Emma Rodriguez, and Mikko Kopponen have in common?  For one thing, they don’t exist.  For another, all have been quoted as EFF experts in articles published in the past two months on a site called News-USA Today, which describes itself as “an independent news publisher focused on clear, accurate, and useful journalism.”  Uh…  (Pleas...

LGBT Q&A: We’re Back With Season 2!  - Last June during Pride, we launched a new initiative—LGBT Q&A—where we answered your most pressing queer-related digital rights questions on EFF’s Instagram and TikTok accounts. No question was too big or too small! You asked us things like what pictures to use on dating apps; how to remove your name from internet searches; why homophobic content doesn't get removed after you report it; and how...

The Institute For Justice - Press Releases

Fort Wayne Death Doula Secures Final Victory in First Amendment Lawsuit Challenging State’s Restrictions on Discussing End-of-Life Care - FORT WAYNE, Ind.—Today, the United States District Court for the Northern District of Indiana entered a consent decree cementing a Fort Wayne death doula’s victory in her First […] The post Fort Wayne Death Doula Secures Final Victory in First Amendment Lawsuit Challenging State’s Restrictions on Discussing End-of-Life Care appeared first on Institute for Justice.

Indiana Town’s Food Truck Restrictions Are Bad Policy and Unconstitutional, Law Firm Warns  - Today, the Institute for Justice (IJ) sent a letter to local officials in Nashville, Indiana, urging the town to reconsider proposed restrictions on food trucks. The post Indiana Town’s Food Truck Restrictions Are Bad Policy and Unconstitutional, Law Firm Warns  appeared first on Institute for Justice.

North Dakota Says a Ph.D. Isn’t Qualified to Teach Eighth Grade. A Fargo School Is Suing to Change That. - FARGO, N.D.—Today the Institute for Justice (IJ) and Capstone Classical Academy filed a federal lawsuit challenging a North Dakota law that makes it nearly impossible […] The post North Dakota Says a Ph.D. Isn’t Qualified to Teach Eighth Grade. A Fargo School Is Suing to Change That. 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

Gun Owners of America Endorses Byron Donalds for Florida Governor - Gun Owners of America Endorses Byron Donalds for Florida Governor  FOR IMMEDIATE RELEASE  June 11, 2026  TALLAHASSEE, FL — Gun Owners of America (GOA) proudly endorses U.S. Congressman Byron Donalds for Governor of Florida.  As both a former Florida state lawmaker and a current member of Congress, Byron Donalds has compiled a perfect pro-Second Amendment record.  As a freshman state representat...

Gun Owners of America & Fuerza 2A Proudly Endorses James Uthmeier for Florida Attorney General - Gun Owners of America & Fuerza 2A Proudly Endorses James Uthmeier for Florida Attorney General June 9, 2026 TALLAHASSEE, FL — Gun Owners of America & Fuerza 2A are proud to endorse James Uthmeier for Florida Attorney General, citing his proven record of defending the Second Amendment and standing with law-abiding gun owners. As Florida’s Attorney General, Uthmeier has used … Read more

VA: GOA’s Lawsuit Over Gun & Magazine Bans has a hearing this Friday – TAKE ACTION - Gun Owners of America, Gun Owners Foundation, Virginia Citizens Defense League, Virginia Citizens Defense Foundation, and gun rights journalist John Crump’s suit against Virginia’s new gun control laws is being heard this Friday. The case, Crump v. Katz, challenges SB749 and SB727, the sweeping bans on so-called “assault firearms” and standard-capacity magazines. These laws target some of the m...

Banking Dive

Warren blasts Goldman’s Solomon over reports that legal chief is staying - Sen. Elizabeth Warren and another lawmaker wrote the CEO after stories surfaced that he “pressed” Epstein-tied attorney Kathryn Ruemmler to remain an adviser at the bank after her resignation takes effect.

JPMorgan, Barclays, Fifth Third’s Tricolor suit dismissed - A judge said he would explain "in due course" his reasoning for tossing the suit, in which plaintiffs alleged the banks missed the now-bankrupt auto lender's “blatant double-pledging scheme.”

PNC, U.S. Bank CEOs brush off AI-driven cash optimization - At a conference this week, U.S. Bank CEO Gunjan Kedia said the “noise is far outpacing any observed behavior.” Truist’s CFO, likewise, called the AI concern a “conceptual risk.”

Trump nominates CFPB’s former No. 2 as director - One observer called the nominee a “pretty normal type of Republican financial regulator,” as opposed to “ideological Trump 2.0-era figure[s] like Russell Vought.”

Pagaya sues Klarna over alleged trade secret misappropriation - The BNPL firm’s objective was to “absorb Pagaya’s trade secrets, use them to build its own competing capabilities, and cut Pagaya out,” the underwriting fintech alleged.

American Banker

California financier arrested for $100 million bank fraud - Federal prosecutors arrested and charged Mahender Makhijani, 44, with orchestrating a $100 million bank fraud against Western Alliance Bancorp.

DOJ subpoenas banks in widening Trump campaign against debanking - Federal prosecutors have sought records and account closure data from banks as the Trump administration continues to clash with the industry.

Why PNC is building its own 'AI factory' - The super-regional bank is increasingly building AI on its own. The point, CEO Bill Demchak said this week, is not just to foster innovation but to protect the bank from rising costs.

Figure brings real estate onto blockchain through Kiavi deal - The blockchain fintech acquired the real estate lender through a joint venture to tokenize housing loans and test its new AI-powered onboarding agent.

Ripple makes its play as agentic payments get crowded - With the big card networks and Coinbase pushing the new form of artificial intelligence, the blockchain company is offering a tool kit to enable AI agents to perform transactions.

Bank of International Settlements

The anatomy of stablecoin transactions - by Fabian Schär, Anneke Kosse, Tara Rice, Takeshi Shirakami, Jirapat SiridhasanakulStablecoin transfers are often interpreted as payments. On programmable blockchains, however, they are frequently embedded in atomically executed transaction bundles that combine trading, lending, arbitrage, liquidity provision, and settlement. We show that ignoring this structure materially distorts the interpre...

Strengthening the going-concern role of AT1: options and trade-offs - Additional Tier 1 (AT1) instruments are designed to operate as going-concern capital. In instances where the issuer reaches the point of non-viability, these instruments also support an orderly resolution of a gone concern. Nonetheless, in practice, the effectiveness of AT1 Instruments in fulfilling their primary role as going-concern capital is undermined by low trigger thresholds, the discre...

Burkhard Balz: Cash and the digital euro – complementary forms of public money - Opening statement by Mr Burkhard Balz, Member of the Executive Board of the Deutsche Bundesbank, at the ESTA Conference and Exhibition 2026, Berlin, 8 June 2026.

Federal Reserve - Press Releases

Federal Reserve Board announces final rule that establishes data standards for certain information collections - Federal Reserve Board announces final rule that establishes data standards for certain information collections

Federal Reserve Board announces that results from its annual bank stress test will be released on Wednesday, June 24, at 4 p.m. EDT. - Federal Reserve Board announces that results from its annual bank stress test will be released on Wednesday, June 24, at 4 p.m. EDT.

Agencies remove additional references to reputation risk - Agencies remove additional references to reputation risk

FDIC - Press Releases

Press Release: FDIC Issues List of Banks Examined for CRA Compliance - PRESS RELEASE | JUNE 5, 2026 FDIC Issues List of Banks Examined for CRA Compliance WASHINGTON—The Federal Deposit Insurance Corporation (FDIC) t...

Press Release: Agencies Remove Additional References to Reputation Risk - PRESS RELEASE | JUNE 2, 2026 Agencies Remove Additional References to Reputation Risk WASHINGTON—The federal bank regulatory agencies today join...

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