Precious Metals and Market News

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.

Gold looks to PCE inflation, Jackson Hole for direction next week - (Kitco News) – Gold and silver head into the coming week with investors focused on inflation, economic growth and Federal Reserve policy, as July PCE data and Fed Chair Kevin Warsh's Jackson Hole speech could drive volatility across precious metals markets.

Spot gold holds above $4,585/oz as flash S&P composite PMI improves to 56 in August - (Kitco News) - The gold market is holding its earlier gains after the latest U.S. data showed the services sector improving beyond expectations this month, while the manufacturing sector weakened slightly.S&P Global reported on Friday that its flash Composite Purchasing Managers Index (PMI) rose to 56.0 in August, up from July’s reading of 54.5. The number was above expectations, as economists ...

Gold, silver extend breakout as U.S. dollar slides below 99 - Kitco AM Report - (Kitco NewsWire) - Spot gold and silver prices are sharply higher in early U.S. trading Friday, as a weaker U.S. dollar, fading September Fed-hike expectations and U.S. fiscal concerns kept buyers in control of the precious-metals breakout.

Gold steadies, silver jumps as bond-market pressure hits equities - Kitco PM Report - (Kitco NewsWire) - Spot gold prices are near steady and spot silver prices are sharply higher in late-afternoon U.S. trading Thursday, as rising crude oil prices and a rebound in Treasury yields hit equities but failed to fully unwind Wednesday’s precious-metals breakout.

Gold price headed 10 times higher, and that is "inevitable," Thomas Kaplan says - (Kitco News) - Electrum chairman sees gold reaching $30,000 to $50,000, calls the correction a "1987 moment" and warns governments may seize profitable mines

Bessent's interventions amount to QE, and 'gold is the must-have asset' - ByteTree's Morris - (Kitco News) – The U.S. government is effectively engaged in multiple major quantitative easing operations, and gold prices have moved higher as a result, with potential for plenty more gains ahead, according to Charlie Morris, CIO and founder of ByteTree.In the latest Atlas Pulse Gold Report, Morris said Treasury Secretary Scott Bessent’s new gambit of doubling the department’s purchases of lo...

Gold tests $4,450 as Philly Fed, jobless claims firm rate risk - Kitco AM Report - (Kitco NewsWire) - Spot gold prices are lower and spot silver prices are firmer in early U.S. trading Thursday, as stronger-than-expected U.S. labor and regional manufacturing data trimmed part of Wednesday’s Treasury-led precious-metals rally.

Gold approaches session low $4,450/oz after U.S. weekly jobless claims fall to 206k - (Kitco News) - Gold prices are getting closer to the $4,450 per ounce session low on Thursday morning following the release of better than expected labor market data after the number of Americans filing new claims for unemployment benefits came in below economists’ forecasts.

‘The estrangement isn’t about politics’: My daughter hasn’t spoken to me for 4 years. Do I leave her a monthly annuity? - “You’ll have to trust me when I tell you that she had love, support and opportunities.”

Canada announces retaliatory tariffs on U.S. goods after trade talks break down - Canadian Prime Minister Mark Carney on Saturday announced his country would impose “dollar-for-dollar” tariffs on U.S. goods — a retaliatory measure after trade talks between the two nations broke down.

‘We are committed Christians’: Our son and daughter-in-law cut us off over politics. Should we change our $3 million will? - “We are hurt and confused, but we have also tried to respect the boundaries they have established.”

‘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.”

I hold my mother-in-law’s power of attorney. I’m also her executor and trustee. Do I have too much power over her affairs? - “There is a lot of legal and financial power in my hands.”

‘I’m running out of time’: I sold my $300,000 rental property at a $75,000 loss. Should I buy another one to avoid taxes? - “My CPA hasn’t gotten back to me.”

Our 4-year-old son has $100,000 in his 529 account. Is a bull market a bad time to buy him stocks instead? - “I’d love for our son to be able to attend college without needing to take out student loans.”

Why an announcement from the Treasury sparked a rally in gold and bitcoin this week - Cryptocurrencies and precious metals shot higher, while the U.S. dollar weakened, after the Treasury Department said it planned to double its bond buybacks.

Move over, credit cards: Social-media stars are tapping magic wands to buy things - Tap-to-pay is getting a TikTok makeover as shoppers turn checking out into a personalized accessory.

‘There is considerable tension’: My grandmother, 99, wants to cut my mother out of her will. Should I intervene? - “Grandma feels that she was pressured by my mother into taking out a $50,000 HELOC.”

Inside Coca-Cola’s secretive innovation labs: How the beverage giant wants to automate dirty soda and refreshers - From McDonald's to Wendy's, longtime Coke customers have been expanding their beverage offerings to boost their profit margins.

As U.S.-Canada trade talks collapse, Carney says retaliatory tariffs will start Sept. 8 - New 50% Trump administration tariffs on some Canadian exports went into place after the U.S. and Canada failed to reach a deal on Friday.

Trump reshuffled his portfolio in June, selling names like Meta and buying Berkshire Hathaway - President Donald Trump disclosed just over 1,000 financial transactions in the month of June in what appears to be broad reshuffling of his portfolio.

Paramount, California AG office reportedly plan to meet Monday to discuss settling WBD lawsuit - Paramount and the California A.G. office are set to meet Monday to discuss a settlement of the antitrust lawsuit over Paramount's Warner Bros. Discovery deal.

Ahead of tough new U.S. sanctions, Iran criticizes 'extraterritorial sovereignty' - U.S. Treasury Secretary Scott Bessent told CNBC on Thursday that the proposed economic measures will likely negate the need for major U.S. military operations.

Bessent's bond gambit aimed at calming markets is instead stirring inflation worries - The so-called breakeven rate hit its highest levels in more than two months.

Bessent's efforts in the Treasury market so far haven't worked. Here's what else he can try - Market experts showed skepticism at whether the push would succeed against a bevy of factors working against Treasurys.

Bessent says there's a 'very good chance' U.S. budget deficit under Trump has peaked - Treasury Secretary Scott Bessent said Thursday that there's a "very good chance" of the U.S. has seen its budget deficit peak under President Donald Trump.

Bessent says Treasury buyback operation could be more than $4 billion - Bessent said his department is going "make a market" in the longer-dated securities where yields have been surging lately.

U.S. government debt passes $40 trillion, more than doubling in a decade -

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 ... ... ADVERTISEMENT ... B...

Stuart Englert: It's the debt, Stupid - By Stuart EnglertStuart Englert's SubstackFriday, August 21, 2026 The U.S. dollar took a walloping this week after the U.S. Treasury announced it would double purchases of long-term U.S. debt instruments beginning next month. In short, the federal government once again must buy back a larger portion of its own bonds to help finance the exploding national debt, which surpassed $40 trillion for t...

Hong Kong Exchange gold futures smash delivery record as U.S. sanctions reshape trade - By Julie ZhangSouth China Morning Post, Hong KongFriday, August 21, 2026 Hong Kong Exchanges and Clearing has reported record-breaking physical deliveries and a trading surge in its U.S. dollar-denominated gold futures contract, underscoring the city's ambition to become a global hub for the precious metal amid widening trade restrictions by the United States. ... Dispatch continues below ... ...

'Hint of financial repression'? For decades gold price suppression was far more than a hint - Dollar Wobbles as Treasury's Bond Market Buybacks Raise Fresh Concerns By Niket Nishant and Rae WeeReutersThursday, August 20, 2026 The dollar slipped today ​and was set to end a bumpy week lower, as investors questioned whether the U.S. Treasury's ‌efforts to calm the bond markets might end up undermining confidence in the currency. Those concerns pushed the euro up 0.21% to $1.1703, on course...

Trump to back U.S. minerals projects with $500 million in grants - By Ernest Scheyder and Jarrett RenshawReutersThursday, August 20, 2026 The U.S. Department of Energy is awarding $500 million in grants to seven companies building ‌domestic lithium, cobalt, and other mineral and battery projects, the latest in a string of investments aimed at bolstering American mining and processing, according to a document seen by Reuters. The funding comes weeks after Presi...

Long-Term Treasury Yields Surge, Wipe Out Effect of Bessent’s Hocus-Pocus Treasury Buybacks in 2 Days. Bond Market Not to Be Played With - If bond buyers lose confidence, they’ll demand even higher yields. Bessent better watch out with his games.

Oh Dear, Condo Prices Fell by 15% to 33% in 33 Bigger Markets, Some Below 2006 Levels, as Historic Condo Bubbles Deflate - In 9 cities, from Oakland to Jacksonville, condo prices fell by over 20%. In 3 markets in California & Florida, they fell by 30%+.

To Absorb $1 Trillion of New Treasuries in 3 Months, as the Debt Ballooned to $40 Trillion, Investors Demanded Higher Yields. Bessent Blows Fuse - Bessent’s job is to sell these bonds come hell or high water, and at the lowest possible yield.

Crypto exchange BitMart weighs partial restart and creditor payouts weeks after announcing shutdown - The exchange has hired White & Case as restructuring counsel, with a detailed roadmap expected by Sept. 9.

Web3 gaming network Sandbox stops Base and BNB chain bridging after exploit - The Sandbox disabled bridging on affected networks to isolate tokens and warned users not to trade SAND on Base and BNB, citing an impact of under 0.01% of supply.

Tokenized stocks risk repeating Wall Street’s 1960s ‘paper crisis,’ Fairmint CEO says - Fairmint CEO Joris Delanoue warns tokenized stocks risk recreating Wall Street’s 1960s paper crisis through fragmented systems and standards.

Kalshi off-limits in multiple states as prediction markets, CFTC team up for battle - Washington state is cut off for Kalshi customers while the company combats the development in court and its federal regulator keeps pursuing new rules.

Bitcoin and Ether bears get decimated amid 'squeeze-led' rally and Musk's X wants to pay creators in stablecoins: Crypto's week in 5 stories - Bitcoin and crypto staged their strongest rally in months as Treasury intervention, regulatory moves and a historic short squeeze collided, while banks and technology companies pushed deeper into stablecoins.

Zcash jumps 48% to over $800 as Grayscale spot ETF push adds to ‘next bitcoin’ buzz - ZEC traded above its January 2018 peak as futures volume hit billions of dollars and a Grayscale filing showed fresh progress toward converting its Zcash Trust into a spot ETF.

How a Treasury buyback tweak helped bitcoin surge 25% to nearly $80,000 in days - Treasury buybacks are not QE, analysts said, but the move helped pull long-term yields off 19-year highs and triggered a record short squeeze in a market already leaning too bearish.

Crypto advocates join in suing Illinois over digital asset tax - The Crypto Council for Innovation and the Blockchain Association added another lawsuit against the state for its recently approved 0.2% crypto tax.

Pass the Clarity Act - Reopening a settled provision four weeks before a vote would sink the bill, argues Summer Mersinger, CEO of the Blockchain Association.

Ethena's ENA token surges 48%, but altcoin season will have to wait - ENA is rallying on a $1 billion FalconX deal, while HYPE tests its record, though flat dominance shows this is no broad alt season.

Bitcoin’s ECX Fork Is Coming: When It Hits and Who Gets Free Coins - Bitcoin holders are lined up to receive a matching balance of a new asset called ecash (ECX) when the project kicks off its three-stage hard-fork rollout with an alpha launch around Bitcoin block height 963648. The launch comes from Layertwo Labs, founded and led by longtime Bitcoin developer Paul Sztorc, also known as Truthcoin. The […]

Bitcoin May Hit Turning Point This Week as Durable Bottom Takes Shape - Grayscale says bitcoin’s sharp weekly rally could mark a turning point after a relatively shallow bear market. Historical cycle comparisons and improving institutional demand suggest the market may be forming a more durable bottom. Grayscale Sees Potential Bitcoin Turning Point Bitcoin’s rapid recovery may signal that its latest bear market has reached a turning point, […]

Robert Kiyosaki Calls Expanded Treasury Buybacks QE, Backs Bitcoin - Robert Kiyosaki says expanded U.S. Treasury debt buybacks amount to quantitative easing and renewed his preference for bitcoin, gold, silver, and selected real estate. Treasury describes the operations as liquidity support for longer-dated markets. Kiyosaki Calls Treasury Buybacks Money Printing Renewed concern about the dollar prompted Rich Dad Poor Dad author Robert Kiyosaki to endorse […]

Bitcoin’s $100K Forecast May Be Too Low After Record Short Squeeze - Standard Chartered’s Geoffrey Kendrick says record bitcoin short liquidations and renewed ETF demand have increased the market’s upside risk. He now sees a possible year-end run from $79,500 toward bitcoin’s $126,000 record, a 58% climb. Record Short Liquidations Reshape Bitcoin Outlook Bitcoin’s sharp recovery has raised the possibility that Geoffrey Kendrick’s $100,000 year-end forecast may [...

Ethereum Taps $2,546 as ETF Cash and Shorts Fuel the Fire - Ethereum (ETH) surged 29.8% higher over the past seven days, smoking bitcoin’s 22.9% gain as returning exchange-traded fund (ETF) buyers, squeezed shorts, and a shrinking pile of readily tradable coins drove ETH to a weekly high of $2,546 on Saturday afternoon. ETH was trading around $2,435 late Saturday at 5 p.m. EDT after cooling from […]

Check Out the National High School Law Review, Vol. II - It's a project of Studium; Studium's Constitutional Law Advisory Board includes Prof. and National Constitution Center CEO Jeffrey Rosen, Prof.… The post Check Out the National High School Law Review, Vol. II appeared first on Reason.com.

Today in Supreme Court History: August 22, 1998 - 8/22/1998: On August 22, 1998, Barry Black led a Ku Klux Klan rally in Carroll County, Virginia. The Supreme Court considered the… The post Today in Supreme Court History: August 22, 1998 appeared first on Reason.com.

This Mamdani-Backed Bill Would Kill Jobs, Boost Unions, and Make Deliveries More Expensive - The misleadingly named "Delivery Protection Act" would require companies like Amazon and FedEx to directly hire employees for last-mile delivery, rather than contracting this service out to subcontractors.

Open Thread - What’s on your mind?

Video of My Keynote Speech at the Annual Libertarian Futurist Society Prometheus Award Ceremony - The talk deals with the relationship between libertarianism and the science fiction and fantasy genres.

Intern (Actually a Project Veritas Undercover Plant) in Political Organization Didn't Have "Fiduciary Duty" to Organization - An excerpt from today's long decision in Democracy Partners, LLC v. O'Keefe by D.C. Circuit Judge Karen LeCraft Henderson, joined… The post Intern (Actually a Project Veritas Undercover Plant) in Political Organization Didn't Have "Fiduciary Duty" to Organization appeared first on Reason.com.

Damages Award Stemming from Project Veritas Project Set Aside by D.C. Circuit - From today's long decision in Democracy Partners, LLC v. O'Keefe by D.C. Circuit Judge Karen LeCraft Henderson, joined by Judge… The post Damages Award Stemming from Project Veritas Project Set Aside by D.C. Circuit appeared first on Reason.com.

Harry and Meghan's Security Problem Is Really a Gun-Control Problem - Taxpayers shouldn’t have to pay for the royal family’s security, but British law prevents them from paying for armed security themselves.

Trump Administration Plans New Facility To House 3,000 Migrant Kids. Many of Them Lack Legal Representation. - Trump's mass immigration campaign is leaving migrant children alone to navigate a complicated immigration system that was once meant to protect them.

Trump Once Promised International Students Green Cards. Now The Government Might Charge Them $100,000 To Work. - The White House is formally reviewing a proposal to add a $100,000 fee to the Optional Practical Training (OPT) program, which allows international students to work in the U.S. for up to three years after graduation.

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.

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.

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...

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.

Austin Councilmember, Public Interest Law Firm Applaud Austin’s New Microbusiness Resolution - AUSTIN, Texas—Last night, the Austin City Council passed a resolution to support microbusinesses in the city. Councilmember Vanessa Fuentes, one of the resolution’s sponsors, and […] The post Austin Councilmember, Public Interest Law Firm Applaud Austin’s New Microbusiness Resolution appeared first on Institute for Justice.

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 ...

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

Florida: Vote GOA on August 18 - Florida gun owners, Election Day is TODAY, Tuesday, August 18 — and it’s time to VOTE. The future of our Second Amendment rights in Florida will be shaped by who shows up to the polls in this primary election. At the top of the ticket, Gun Owners of America is backing Byron Donalds for Governor of Florida. When Florida passed the Parkland gun-control … Read more

Virginia lender to acquire Forbright’s DC-area branches - The transaction, set to close in the fourth quarter, adds $750 million in deposits and three locations to Trustar’s footprint. That frees Forbright to focus on national digital lending.

Alabama’s SouthPoint under fire by the Fed - The Federal Reserve and the Alabama State Banking Department ordered SouthPoint Bancshares to take steps “to serve as a source of financial and managerial strength” for its subsidiary SouthPoint Bank.

Flagstar picks cloud-native core to replace legacy patchwork - While there’s plenty of industry chatter about cloud-native and API-powered capabilities, Flagstar Bank executives found “a lot of variation” as they evaluated different core systems.

Dive Deposits: 4 takeaways from Jonathan Gould’s Wyoming appearance - The OCC chief made crypto-inclusive remarks at a blockchain symposium, adding that protecting traditional banks is not his job.

CFTC bans ex-FTX execs from trading - Caroline Ellison and Gary Wang are prohibited from trading for five years from the date of their initial consent orders.

Fifth bank fails in 2026 as drip of small-bank closures continues - Tioga-Franklin Savings Bank's failure is expected to cost the Deposit Insurance Fund $5.5 million. It is the fifth bank to fail this year, the most since 2023.

OCC approves Brazilian banking giant in U.S. - The Office of the Comptroller of the Currency has granted Sau Paulo-based Itaú Bank — the largest bank in Latin America — permission to set up shop in Miami.

Texas Capital makes big play on state's new stock exchange - The bank's decision to transfer two of its exchange-traded funds to the Texas Stock Exchange is an effort to better align the funds with their investment thesis, the bank said.

How the debit fee battle pushes banks to other processing options - The U.S. Court of Appeals for the 8th Circuit is set to decide whether a lower court's decision that found the Federal Reserve mispriced debit interchange limits in the Durbin Act stands. Analysts say the battle will pressure banks toward faster payment options.

BMO Financial names Brent Reston chief digital officer - Brent Reston will serve as BMO Financial Group's inaugural chief digital officer; LCNB Corp. appoints Susan Zaunbrecher to its board; HSBC and Standard Chartered complete a bank-to-bank tokenized deposit transaction on Swift's blockchain-based ledger; and more in this week's banking news roundup

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.

Lesetja Kganyago: Overview of the South African economy - Address by Lesetja Kganyago, Governor of the South African Reserve Bank, at the 106th Ordinary Annual General Meeting, South African Reserve Bank, Pretoria, 31 July 2026.

Federal Reserve Board announces approval of application by National Westminster Bank Plc - Federal Reserve Board announces approval of application by National Westminster Bank Plc

Federal Reserve Board issues enforcement action with SouthPoint Bancshares, Inc. and announces termination of enforcement action with Deutsche Bank AG, DB USA Corporation, and Deutsche Bank AG New ... - Federal Reserve Board issues enforcement action with SouthPoint Bancshares, Inc. and announces termination of enforcement action with Deutsche Bank AG, DB USA Corporation, and Deutsche Bank AG New York Branch

Federal Reserve Board issues enforcement actions with former employee of Regions Bank and former employee of United Community Bank - Federal Reserve Board issues enforcement actions with former employee of Regions Bank and former employee of United Community Bank

Press Release: Second Federal Savings and Loan Association of Philadelphia Assumes All Deposits of Tioga-Franklin Savings Bank, Philadelphia - PRESS RELEASE | AUGUST 21, 2026 Second Federal Savings and Loan Association of Philadelphia Assumes All Deposits of Tioga-Franklin Savings Bank, Philadelphia ...

Press Release: FDIC Announces New Review Process for Deposit Insurance Applications - PRESS RELEASE | AUGUST 10, 2026 Press Release: FDIC Announces New Review Process for Deposit Insurance Applications WASHINGTON—The Federal Depos...