Precious Metals and Market News

Wall Street retreats to the sidelines ahead of the Fed, Main Street breaks bearish after gold tests $4,000/oz - (Kitco News) – Gold prices saw another turbulent week, as early safe-haven support faded into a sharp midweek selloff after hotter U.S. inflation data, renewed Middle East fighting, and rising Fed rate-hike expectations pushed prices to the $4,000 support level before the yellow metal reclaimed $4,200 on a late-week bounce.

Gold's inflation problem could become its next bullish trigger - (Kitco News) - It has been another frustrating week for gold investors, with prices now falling into bear market territory. But beneath the surface, the macro backdrop may be shifting in a way that could eventually turn a near-term headwind into a longer-term tailwind.

Precious metals firm as crude slides, stocks rise on U.S.-Iran talks - Kitco PM Report - (Kitco NewsWire) - Spot gold prices are firmer and spot silver prices are also higher after the close Friday, as oil prices fell on U.S.-Iran deal hopes, Treasury yields ended the week lower and U.S. equities rose into the weekend.

Gold holds key $4,000 support as analysts watch for signs of a bottom - (Kitco News) - After slipping into official bear market territory this week, gold and silver are starting to attract new attention. But while both precious metals managed to hold critical support, some analysts are saying that investors should only be testing the waters as they wade back in.

China sees ETF outflows, falling wholesale demand in May, but PBoC continues outsized purchases amid lower prices – WGC’s Jia   - (Kitco News) – Gold prices slid lower in May as China saw the end of an eight-month streak of ETF inflows, all while wholesale demand fell sharply, but the country’s central bank continued to stock up on bullion, according to Ray Jia, research head for China at the World Gold Council (WGC).In the WGC’s latest China gold market update, Jia noted that international and domestic gold prices ended ...

CME to offer 24/7 gold and oil trading - (Kitco News) - Geopolitical uncertainty doesn’t take the weekend off, and neither will gold and oil futures as the CME prepares to launch 24/7 trading.

Spot gold hovers near $4,200/oz after preliminary Consumer Sentiment rises to 48.9, one-year inflation expectations dip to 4.6% - (Kitco News) - The gold market is holding relatively steady after the latest data showed consumer sentiment in the U.S. improving, while inflation expectations pulled back from last month’s highs.The University of Michigan announced on Friday that the preliminary reading of its Consumer Sentiment survey for June was 48.9. The data was better than expectations, as the consensus forecast of ...

Gold holds above $4,200 as Hormuz risk premium unwinds - Kitco AM Report - (Kitco NewsWire) - Spot gold prices are steady and spot silver prices are weaker in early U.S. trading Friday, as oil prices fell sharply on U.S.-Iran deal hopes, U.S. equity futures edged higher and traders looked ahead to the next inflation-expectations read.

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.

Somaliland Opens Diplomatic Office In Taiwan Despite Strong Objections From Beijing - Somaliland Opens Diplomatic Office In Taiwan Despite Strong Objections From Beijing Via The Cradle The breakaway African territory of Somaliland opened a new representative office in Taiwan on Friday, saying it had the right to establish diplomatic relations despite objections from Somalia. "We have the right to choose who we have relationships with. It's our prerogative, and so ...

Which States Are Leading America's Economy? - Which States Are Leading America's Economy? America’s biggest economies aren’t always its strongest. While California, Texas, and New York dominate in economic size, long-term competitiveness depends on a broader mix of factors, from business creation and labor market strength to innovation and investment. This 2026 analysis by WalletHub evaluates all 50 states and Washington, D....

China's New AI Agent Risks Trapping Western Tech In Rights Abuses: Analysts - China's New AI Agent Risks Trapping Western Tech In Rights Abuses: Analysts Authored by Jarvis Lim via The Epoch Times, China's new state-backed artificial intelligence (AI) platform threatens to stifle domestic tech innovation through forced ideological compliance, and in the West, it could also be used to cover up the regime's human rights abuses, analysts warn. A screen adverti...

North Korea Rips Fresh Western Criticism Of Expanding Moscow Relationship - North Korea Rips Fresh Western Criticism Of Expanding Moscow Relationship North Korea fired back on Saturday and lashed out at the Washington-Seoul alliance, tearing into a fresh South Korea-EU joint statement that condemned Pyongyang's deepening military alliance with Russia. North Korea has increasingly over the past acknowledge a significant number of troops sacrificed in suppo...

Why The Millionaire Next Door Drives A Used Car - And What That Teaches About Real Wealth - Why The Millionaire Next Door Drives A Used Car - And What That Teaches About Real Wealth Authored by Peter Daisyme via Due, The wealthiest person I know personally drives a 2018 Toyota Camry. He owns three rental properties, has over $2 million in investment accounts, and could buy any car on any lot without blinking. He chooses not to, and his explanation is both simple and prof...

"Tell Him He's A Piece Of Shit": Employee Hijacks Meta Meeting In AI Revolt - "Tell Him He's A Piece Of Shit": Employee Hijacks Meta Meeting In AI Revolt Earlier this week, a routine livestreamed Meta meeting descended into open revolt. During a presentation open to thousands of employees, one participant suddenly interrupted the speakers with a profanity-laced outburst, according to WIRED. The employee declared they felt like "the company's bitch" and dem...

Discs, Orbs, 'Heavenly' Phenomena, & More Revealed In 3rd Batch Of Declassified UFO Files - Discs, Orbs, 'Heavenly' Phenomena, & More Revealed In 3rd Batch Of Declassified UFO Files Authored by Troy Myers via The Epoch Times, Americans living in the northeastern United States witnessed “brilliant and beautiful” glowing red and white orbs in their backyard, which they caught on video, the Pentagon’s third release of declassified UFO files on June 12 showed. The new doc...

Hillary Clinton Fears "Revolution" Preventing The US From Becoming A "Rainbow Nation" - Hillary Clinton Fears "Revolution" Preventing The US From Becoming A "Rainbow Nation" The word "Democracy" is thrown around frequently within progressive circles as a call to arms; a rallying cry based on a fraudulent narrative of patriotic duty.  Throughout the entirety of Joe Biden's first and last term, the political left painted conservatives as a threat to democracy.  Anyone w...

AI's Core Flaw: "Mass Regurgitation Of Misinformation" - AI's Core Flaw: "Mass Regurgitation Of Misinformation" Authored by Charles Hugh Smith via OfTwoMinds blog, These immense hidden costs will not show up in GDP until they collapse the entire house of speculative gambling cards propping up the global economy. I approach all AI topics with several things in mind. One is the nature of problems, which implicitly define what qualifies a...

What's In A Name? Alaska GOP Succeeds In Stopping Democrats From Stealing The Senate Election - What's In A Name? Alaska GOP Succeeds In Stopping Democrats From Stealing The Senate Election Alaska's election officials may have just saved a U.S. Senate seat from one of the more brazen ballot schemes in recent memory. The state's Division of Elections issued a preliminary ruling this week that Dan J. Sullivan of Petersburg is ineligible to appear on the 2026 Senate ballot, deal...

My plumber charged $160 to fix the cistern on my toilet — but created another problem. Do I pay again? - “The cistern on my toilet has been constantly refilling and making a hissing noise.”

‘I feel like he may be taking advantage of us’: Our adviser pushes annuities after we already said no. Do we fire him? - “I feel like he may be taking advantage of us.”

‘We are comfortable financially’: My husband is in his 60s and has $500,000 life insurance. Is this a good time to cancel? - “Our kids are grown and independent.”

‘It seems too good to be true’: At a steak-dinner retirement seminar, the guy said annuities can outperform the market. Is that true? - “He claimed that fixed-rate annuities are the sparkly, rainbow-fairyland of investments.”

Social Security is facing a 22% cliff — 4 ways to build an income stream Washington can’t touch - The countdown to insolvency is accelerating — and the rules of retirement planning just broke.

Worried about a lower Social Security benefit? How to calculate the exact impact it will have on your retirement. - If benefits go down 22% in 2032 as predicted by the latest Trustees report, you need to know what that means for you.

Social Security benefits and costs are perfectly reasonable — no case exists for massive cuts - It might be nice to reduce the large share of benefits going to high earners who retire later and live long lives.

Millions of grandparents are spending their retirements raising their grandkids — and it’s taking a financial toll - Grandparent-headed households are more likely to live in poverty.

The true national debt just hit $1 million per U.S. household - The effective U.S. national debt just crashed through $100 trillion for the first time in history, and now stands at an extraordinary 400% of annual gross domestic product — but almost nobody seems to care.

Social Security’s COLA could be 4.7% in 2027 as inflation hits the highest level in 3 years - A total of 44% of older Americans depend on Social Security for all of their income, according to the Senior Citizens League.

Trump says peace deal will be signed Sunday after Iran said it remains cautious on timing - President Donald Trump posted on Truth Social that a deal to end the war with Iran will be signed on Sunday.

From 10% chance of success to $2 trillion market cap: SpaceX's historic IPO - After its Nasdaq debut on Friday, SpaceX was the sixth most-valuable U.S. company, despite being a fraction the size by revenue of tech's megacaps.

UAE denies 'false' reports of fund transfer to Iran - The statement follows a Reuters report that the UAE has agreed to unlock billions of dollars of frozen funds for Iran.

Switzerland is voting on whether to cap its population at 10 million. Here's what to know - Switzerland votes on a population cap that could tighten immigration and put its EU free-movement agreement under pressure.

This wealth advisor stock should benefit as clients get rich from SpaceX IPO, says Baird - San Francisco-based wealth advisor Andersen Group is a less-than-obvious beneficiary of the SpaceX IPO, according to Baird.

UK economy shrank 0.1% in April as Iran conflict weighed on growth - U.K. GDP fell 0.1% in April as services activity declined and companies cited pressure from the Middle East conflict.

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.

There's a bug in the gold trade as miners move like meme stocks - By Monique MulimaBloomberg Newsvia Yahoo News, Sunnyvale, CaliforniaSaturday, June 13, 2026 Brian Laks has been investing in gold stocks for over a decade. To the deep-value investor, they serve as a hedge against volatility in the rest of his portfolio, a haven during geopolitical uncertainty and deliver steady returns. Yet that all changed for one simple reason: Gold misbehaved last year. Aft...

Ed Steer: A disappointing but stunning commitment of traders report - 3:19p ET Saturday, June 13, 2026 Dear Friend of GATA and Gold: The weekend edition of GATA board member Ed Steer's Gold and Silver Digest is headlined "A Disappointing but Stunning COT Report" and is posted in the clear at GoldSeek's companion site, SilverSeek, here: https://silverseek.com/article/disappointing-stunning-cot-report CHRIS POWELL, Secretary/TreasurerGold Anti-Trust Action Committe...

Mike Maharrey: Even during a currency crisis, gold and silver don't rise in a straight line - By Mike MaharreyMoney Metals Exchange, Eagle, IdahoFriday, June 12, 2026 If gold is an inflation hedge, why has the yellow metal been struggling as inflation expectations rise due to the Iran conflict? I'm asked this question a lot, and it's a reasonable query. ... Dispatch continues below ... ... ADVERTISEMENT ... Ultra-Secure Swiss Vault Storage from Tara Gold and Silver Ltd. Tara Gold is de...

Gold fever sends some vintage luxury watches to the melting furnace - By Alessandro Parodi and Ben MakoriReutersSaturday, June 13, 2026 LONDON -- Omega's Constellation watch has been flashed in campaigns, movies and at the Met Gala by stars like George Clooney and ​Nicole Kidman, turning it into a symbol of luxury and glamour. But with gold prices near record highs struck in January, some such classic watches are being melted ‌down as the value of their metal con...

More 'cash-settled' gold contracts -- that is, undeliverable -- coming from CME - CME Plans to Offer 24/7 WTI Oil and Gold Contracts By Mia GindisBloomberg NewsThursday, June 11, 2026 The Chicago Mercantile Group announced plans to offer 24-hour, seven-days-a-week trading in new, smaller crude oil futures and its existing gold contract, the exchange said Thursday. The new oil-linked contract, set to be one-tenth the size of the existing Micro WTI futures contract, will debut...

US Government Sold $646 billion of Treasury Securities this Week. 2nd Wave of Inflation Approaches 10-Year Treasury Yield - How the long-term Treasury debt grows: Treasury notes & bonds outstanding rose on net by $59 billion this week.

Money-Market Funds & CDs: Americans and their Piles of Interest-Earning Cash as “Real” Yields Turn Negative - Inflation surged past these yields, though they've started to rise again. Households nevertheless poured more money into them.

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%.

Crypto’s next billion-dollar hacker may move at superhuman speed - Anthropic’s new Claude Fable 5 puts powerful cyber tools behind safety filters. DeFi, already hit by more than $840 million in hacks this year, is one of the industries with the most to lose if the filters fail.

Here's what SpaceX's IPO means for its $1.3 billion bitcoin reserve - The largest company on public markets now holds bitcoin as a treasury reserve, not as a business model. Its first earnings cycles will test which version of corporate crypto survives a bear market.

Stablecoins Were Meant to Disrupt Finance. Instead, They Became Idle Cash. - O’Connor argues that crypto’s clearest success story has scaled as money but not as capital.

Bitcoin rises above $64,000 after Pakistan prime minister says Iran peace deal is near - Bitcoin traded above $64,000 on Saturday, supported by its strongest ETF inflows in a month and growing optimism around geopolitical developments.

Wall Street is moving past crypto pilots and deeper into Ethereum, says Etherealize founder - In an interview with CoinDesk, Etherealize cofounder Vivek Raman said Ethereum is currently in a transitional phase where the infrastructure has largely been built, but the scale of adoption has yet to be fully reflected in ETH itself.

Tokenization mirrors the $20 trillion ETF boom as blockchain and AI converge, Ondo exec says - Tokenization is laying the groundwork for autonomous investing and real-time portfolio management, Ondo's new head of portfolio products John Hoffman said.

Perpetual futures could become crypto's next ETF moment - John Palmer, head of derivatives at Kraken, said he expects sophisticated traders to lead adoption of newly approved U.S. perpetual futures, with broader institutional participation likely to follow over time.

Saylor to Musk: Thanks to you, 25% of 'Mag8' firms now hold bitcoin - "Thanks to you, 25% of the Mag8 now holds bitcoin on the balance sheet," Saylor wrote on X, congratulating Musk on SpaceX's historic IPO debut.

Crypto should adopt the best of centralization, says LMAX CEO - As digital assets mature the industry should borrow more from traditional market infrastructure, especially credit, clearing and collateral systems, David Mercer argues.

Ripple wants AI agents to pay in XRP and RLUSD. The market is still mostly USDC - The XRPL AI Starter Kit gives developers tools for agent payments, but early x402 activity has clustered on Base and Solana. Ripple’s bet is that XRPL’s speed, low fees and RLUSD can win a piece of that flow.

Rob Hadick Warns Tether and Circle Face Rising Pressure From New Stablecoins - Dragonfly General Partner Rob Hadick believes stablecoins are entering a new phase. While USDT and USDC remain dominant today, he argues that growing competition from banks, fintechs, and new issuers will eventually break the stablecoin duopoly and create a more diverse market built around specific use cases. Dragonfly’s Rob Hadick Says the USDT-USDC Duopoly Won’t […]

A Four-Armed Robot for Zero-Gravity Work Could Save $140,000 an Hour - A Swiss startup has unveiled a four-armed, legless humanoid for space stations, debuting on May 20, 2026, and built to move and brace itself in microgravity while handling maintenance and cargo unloading. Standing 160 cm and weighing 32 kg, it runs about three hours per charge and targets astronaut tasks that can cost roughly $140,000 […]

SpaceX IPO Is 4x Oversubscribed, But What Happens to the Rest of Market - You don’t need to own $SPCX, or even follow the company, for this IPO to hit your portfolio. The largest listing in history is sending volatility waves across the broader market, and many investors may not be prepared for the ripple effects. The following guest post comes from BitcoinMiningStock.io, a public markets intelligence platform delivering […]

Pyth Network Targets Bloomberg’s $50 Billion Market-Data Empire - Pyth Network is pushing deeper into the more than $50 billion market for financial data, launching 24/7 index products across metals, oil, and U.S. equities as it positions its onchain price feeds against incumbents like Bloomberg. A $50 Billion Target The decentralized oracle network, software that delivers real-world prices onto blockchains, unveiled the new proprietary […]

$1.5 Trillion Transacted: Rain Report Reveals the Massive Scale of Latam’s Stablecoin Economy - The crypto card company stressed that these volumes result from a more conscious use of stablecoins, driven by concrete problem-solving rather than by speculative or purely transactional objectives, unlike those in other markets. Colombia and Bolivia are among the highest-growth markets. Rain Report Underscores Large Growth Of Crypto Cards In Latam Rain, a company that […]

Open Thread - What’s on your mind?

Two Potential Upcoming Canadian Secession Referenda and the Broader Issues they Raise - Two Canadian provinces - Alberta and Quebec - may hold secession referenda in the near future. The issues at stake have broader implications for the morality of secession and other matters.

Religion in the Military - On the impossibility of neutral classifications

Your Uber Driver May Soon Be Unionized. At What Cost? - It is in part an attempt to treat gig workers as full-scale employees rather than independent contractors. Drivers and riders will pay the price.

Today in Supreme Court History: June 13, 1977 - 6/13/1977: Justice Tom C. Clark dies.   The post Today in Supreme Court History: June 13, 1977 appeared first on Reason.com.

Disillusioned Revolutionaries: Many Founders Died in Despair About the American Experiment - America's Founders helped create a world they were not yet ready to live in.

Assessing Non-Packing Rationales For Increasing the Size of the Supreme Court - These arguments are relatively weak. And to the extent they are valid, they can be addressed without changing the Court's ideological balance.

Cultural Difference "Cannot Be Accepted as a Reason to Mitigate" Ethiopian-Born Lawyer's Dishonesty-Related Misconduct - From the long (20K-word) decision of the Washington Supreme Court Thursday in In the Matter of Disciplinary Proceeding Against Feyissa,… The post Cultural Difference "Cannot Be Accepted as a Reason to Mitigate" Ethiopian-Born Lawyer's Dishonesty-Related Misconduct appeared first on Reason.com.

Terrorists and Criminals Reportedly Got $37.5 Billion From COVID Relief and Other U.K. Aid Programs - Britain has long wasted taxpayer money on frivolous projects. A secret dossier suggests it has now outdone itself.

"Eight Conspirators … Threatened University of Michigan Officials, Businesses, and the Jewish Federation" - From a Justice Department press release Wednesday: "… In the dead of night, masked and hooded defendants allegedly threw noxious… The post "Eight Conspirators … Threatened University of Michigan Officials, Businesses, and the Jewish Federation" appeared first on Reason.com.

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.

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.

Victory! 702 has Expired! - Section 702 of the Foreign Intelligence Surveillance Act lets US intelligence agencies collect communications from foreigners abroad without a warrant, and routinely sweeps in Americans’ emails, messages, and calls in the process. The authority for this program is set to expire Friday, June 12th, 2026, at midnight. As we wrote earlier this week, Congress has been kicking the ball down the road ...

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...

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.

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 ...

IL: Stop Illinois’ Backdoor Handgun Ban – TAKE ACTION - Anti-gun lawmakers in Springfield are trying to move HB 4471, the so-called “Responsible Gun Manufacturing Act,” out of the House Rules Committee. This bill isn’t about stopping violent criminals. It’s a backdoor ban aimed at common semiautomatic pistols, including many Glock-style handguns. HB4471 originally sought to criminalize the manufacture, sale, purchase, receipt, import, or transfer of...

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

Senators press Trump to fill vacant FDIC, SEC board seats - No Democrats serve in seats reserved for the minority party at several regulators, yet the White House may nominate a replacement for an outgoing Republican SEC commissioner, senators said.

Oklahoma’s BancFirst to buy SpiritBank, boost Tulsa presence - The deal, set to close in the fourth quarter for an undisclosed sum, marks the second Tulsa-area bank acquisition in roughly a year for BancFirst.

No ‘designated geniuses’: How BofA democratizes innovation - “Innovation isn’t in its own lane,” said Cameron Wadley, a Bank of America managing director whose patents are at the foundation of the bank’s AI assistant Erica.

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.”

Anthropic shuts down Mythos 5, Fable 5 due to government order - The government said it was responding to a jailbreaking risk that Anthropic says is minimal.

House Republicans rally around regional Fed banks - Lawmakers from both parties defended regional Federal Reserve banks against potential consolidation, arguing local economic perspectives are essential to ensure monetary policy remains sound.

Banks fight to scrap an SEC cyberattack rule - The same groups want the Securities and Exchange Commission to drop its breach-disclosure rule while asking Congress to keep a confidential threat-sharing law.

Adyen shells out $335 million on AI to bolster corporate billing - The Dutch payment processor has agreed to acquire artificial intelligence-powered fintech biller Orb, its second acquisition in three months in an effort to speed development.

City National names COO, JPMorgan sells Lego version of new HQ - City National Bank appointed longtime executive David Cameron as chief operating officer; JPMorganChase is selling a limited-edition Lego version of its new midtown Manhattan headquarters; Esquire Financial Holdings received regulatory approval to complete its acquisition of Signature Bank in Chicago; and more.

Credit supply in the wake of distressed bank acquisitions - by Ryan Niladri Banerjee, Francisco González, José E Gutierrez, José María Serena GarraldaThis paper examines the credit supply effects of sale-of-business (SoB) bank resolutions under the post-Global Financial Crisis regulatory framework, focusing on the resolution of a major Spanish bank. We provide the first micro-level evidence of how an SoB resolution reshapes credit allocation. The acquir...

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...

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

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...