Precious Metals and Market News

Gold remains under pressure as U.S. housing starts rise 19% in June - (Kitco News) - Gold prices remain trapped below $4,000 an ounce and have been unable to attract any significant safe-haven demand despite persistent uncertainty in the U.S. housing sector, which threatens to weigh on economic activity through the second half of the year.

Gold breaks $4,000 as yields rise, Fed-rate relief fades - Kitco PM Report - (Kitco NewsWire) - Spot gold and silver prices are sharply lower in late-afternoon U.S. trading Thursday, as resilient U.S. economic data, firmer Treasury yields and a stronger U.S. dollar overwhelmed support from this week’s softer inflation reports and renewed Strait of Hormuz risk.

China's AI ambitions could make platinum the next strategic precious metal after gold - WPIC - (Kitco News) - China has already cemented its position as one of the world's most important gold markets, and the country's next wave of industrial investment could elevate platinum to a similarly strategic role as artificial intelligence and clean energy reshape global demand, according to the latest report from the World Platinum Investment Council.

Strong retail sales mask widening K-shaped economy as consumer financial stress mounts - (Kitco News) - The U.S. consumer continues to support economic growth, but beneath resilient headline spending, new data point to mounting financial stress for many households.

‘We have a plan to go overweight gold again’ – Fidelity’s Samson predicts return to bull market in 2027 - (Kitco News) – The key trends that drove gold to an all-time high of $5,600 per ounce earlier this year remain in place, and the yellow metal will resume its bull market run in 2027, justifying a move from neutral back to overweight gold in investor portfolios, according to Ian Samson, multi-asset portfolio manager at Fidelity International.“We have a plan to go overweight gold again,” Samson s...

Gold prices can go lower, but Bank of America suggests buying the dip and averaging down - (Kitco News) - Bank of America is not giving up on gold, but the bank’s technical analysts are warning investors that the current correction could have further to go. However, they also see lower prices as a buying opportunity.

Disappointing U.S. pending home sales unable to push gold prices higher - (Kitco News) - The gold market continues to struggle to hold critical support at $4,000 an ounce and has been unable to attract a safe-haven bid as the U.S. housing sector remains lackluster, potentially weighing on economic activity through the second half of the year.

Gold and silver fall as Fed-rate relief fades after data - Kitco AM Report - (Kitco NewsWire) - Spot gold and silver prices are sharply lower ahead of the North American market open Thursday, as firmer Treasury yields, a steadier U.S. dollar and renewed Strait of Hormuz risk outweighed support from this week’s softer inflation data

Gold price struggling as U.S. retail sales rise 0.2% in June - (Kitco News) - The gold market is struggling to hold support at $4,000 an ounce and faces solid selling pressure as U.S. consumer spending, a key driver of economic activity, remains relatively healthy.

Spot gold trades near session lows after U.S. weekly jobless claims drop to 208k - (Kitco News) - Gold prices are near session lows 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.

Historic NYC Church Torched In Confirmed Arson - City Rejects Save Plan As Demolition Ordered - Historic NYC Church Torched In Confirmed Arson - City Rejects Save Plan As Demolition Ordered Authored by Steve Watson via Modernity.news, The FDNY has now confirmed what many suspected from the start: the massive fire that gutted the historic South Bushwick Reform Church in Brooklyn was intentionally set. The 1853 landmark, a Greek Revival structure that served generations of wor...

Renter Nation Returns? Massive Jump In Multi-Family Unit Starts Despite Builder Sentiment Slump - Renter Nation Returns? Massive Jump In Multi-Family Unit Starts Despite Builder Sentiment Slump US Housing Starts exploded higher by 19% MoM in June, dramatically more than the already large 11.2% MoM expectation and rebounding from the prior two ugly monthly declines. This was the biggest monthly increase in Starts since May 2023. On the other side, the more forward-looking Buil...

Futures Tumble As Latest Chinese "DeepSeek Moment" Sparks Chip Meltdown - Futures Tumble As Latest Chinese "DeepSeek Moment" Sparks Chip Meltdown A surprise breakthrough from Chinese AI startup Moonshot (which is now at the top of the Frontend code benchmark on Arena) rumbled through global markets, sending chip stocks reeling, as queasiness returned about the industry’s unprecedented spending spree (something we have been warning about for the past year...

Iran Orders Power Conservation After US Hits Energy Infrastructure - IRGC Claims 'Powerful' Strike On Qatar Base - Iran Orders Power Conservation After US Hits Energy Infrastructure - IRGC Claims 'Powerful' Strike On Qatar Base Iran has on Friday warned of a "more crushing" retaliation following the conclusion of last night's sixth consecutive day of US attacks, targeting military targets and logistics infrastructure, but also civilian sites connected to the power grid. By all accounts this cur...

Live Cattle Futures Tumble To Seven-Month Low, But Bernstein Says Beef Prices Will Stay Elevated - Live Cattle Futures Tumble To Seven-Month Low, But Bernstein Says Beef Prices Will Stay Elevated Despite our view that beef prices will remain elevated this year amid the smallest US cattle herd size in more than 60 years and mounting concerns over New World screwworm detections in Texas, live cattle futures in Chicago have tumbled this month as speculative traders unwind bullish b...

Private Credit: The New Junk Bond Market - Private Credit: The New Junk Bond Market Authored by Ed Dowd via Beyond the Narrative, Private Credit: The New Junk Bond Market...Except It Lacks Transparency, Liquidity & Is About To Be Stress Tested History Private credit was born from the ashes of the Great Financial Crisis. In the aftermath of that debacle, regulators moved to limit the risks banks could take. Loans deemed t...

Bromance Breaks Out Between "Man of Peace" Trump And Azerbaijani President - Bromance Breaks Out Between "Man of Peace" Trump And Azerbaijani President Azerbaijani President Ilham Aliyev lavished praise on President Donald Trump's diplomacy, telling a group of journalists at the 4th Shusha Global Media Forum that the president achieved peace between Azerbaijan and Armenia in mere months, a historic feat that both Democrat and Republican administrations had ...

GOP Senator Readies Sanctions Bill Against Canada As Toxic Wildfire Smoke Chokes Millions - GOP Senator Readies Sanctions Bill Against Canada As Toxic Wildfire Smoke Chokes Millions Summary: GOP Members Blast Canada Over Toxic Smoke; Sanction Bill Against Canada Set To Be Introduced   Toxic Smoke Plume Over Great Lakes, Ohio Valley, Mid-Atlantic, Northeast  Canada's Wildfire Management Failures Choke Millions Of Americans With Toxic Smoke Ohio Sen. Moreno To Introduce ...

Why 'Big Pharma' Will Never Make A Cheap Anti-Aging Drug - Why 'Big Pharma' Will Never Make A Cheap Anti-Aging Drug Authored by Ross Pomeroy via RealClearScience, For years, scientists have hypothesized that safe, cheap, generic drugs like metformin and rapamycin could slow aging, based on promising findings in animal models. But despite the evidenced hope, little has been done to see if these drugs actually slow aging in humans. There ha...

"One Step Closer To Extradition": Cox Media Heir Faces Reckoning Over Funding Marxist Revolution - "One Step Closer To Extradition": Cox Media Heir Faces Reckoning Over Funding Marxist Revolution Sovereign Media, a far-left media outlet funded by the Babochki Collective, a nonprofit run by Jim "Fergie" Chambers, the communist centi-millionaire and heir to the Cox Media fortune, reports that Fergie, who was arrested in Ibiza last week at the request of the US Justice Department,...

My husband and I are retired. Our financial adviser, who is in his 30s, called us ‘you guyses.’ Is that unprofessional? - “I’m wondering whether I should ask to work with someone closer to our generation.”

As semiconductor stocks slump, one AI-adjacent sector is thriving — and these are the stocks to buy there - Another way to exploit the AI evolution is available for investors.

Oil prices are up 13% in a week — and could head for more than $100 a barrel - West Texas Intermediate and Brent crude both saw their largest one-week percentage gains in months.

I racked up $35,000 in credit-card debt. Should I file for bankruptcy? - “I’m also considering working with a credit-counseling agency or enrolling in a hardship program.”

Airbnb co-founder says his X account was hacked as he deletes comments about tokenization - Airbnb founder and CEO has deleted comments about tokenization that were posted to his account.

The market may be headed for a 40% correction, warns this wealth manager. He flags bargains in overlooked stocks. - Ted Oakley of Oxbow Advisors sees a market that is “not normal,” with investors locked into the S&P 500 that is not giving them a diversified portfolio.

Ranch dressing and stuffed raccoons: Some of the World Cup’s biggest winners as Spain and Argentina face off in the final - As the World Cup wraps up, the off-field battle for eyeballs, ad dollars and viral fame has already crowned some champions

‘Respect is important’: If my financial adviser said, ‘Hey,’ my wife and I would walk out. Where do you draw the line? - “I met with a financial representative who was not aware that AT&T was the shortened form of American Telephone and Telegraph.”

SpaceX postponed a crucial launch — now its stock is set to slide even further below the IPO price - Shares in SpaceX declined about 4% in premarket trading on Friday after aborted mission.

Silently freaking out about retirement? Why it may not be as bad as you think. - Amid all the gloom and doom, there are ways to change the math in your favor.

Economic outlook is worsening and Trump is getting blamed, CNBC survey finds - The public is as depressed about the economy as it has been since the years just after the pandemic, according to the All-America Economic Survey.

Inside the Chinese fraud rings stealing billions from banks and retailers - Chinese organized crime groups are making as much as $1 billion annually in tap-to-pay fraud schemes targeting retailers and banks.

Iran says civilian infrastructure hit by latest U.S. strikes, expands attacks to Syria, Bahrain - The escalating standoff comes as the fragile truce signed by the U.S. and Iran last month showed further signs of unravelling

S&P 500 and Nasdaq futures drop as chipmaker sell-off intensifies; Netflix slides 11%: Live updates - The moves come after a decline in chipmakers dragged the broader market lower and the U.S. continued to strike Iran overnight.

Stocks making the biggest moves premarket: Netflix, SpaceX, Alphabet and more - These are the stocks posting the largest moves premarket.

World Cup gave bars and restaurants a needed boost as consumers flash warning signs, Fed says - The latest edition of the Fed's Beige Book indicated that the soccer tournament wasn't necessarily translating to broader economic growth.

Wholesale prices unexpectedly declined 0.3% in June on big drop in gasoline - As with consumer prices, the index benefited from easing energy costs, particularly as oil fell due to the brief pause in tensions between the U.S. and Iran.

Renewed Hormuz hostilities drive ECB rates rethink amid ‘extremely volatile’ outlook - Several consecutive days of strikes exchanged between the U.S. and Iran have cast uncertainty on the European Central Bank's interest rate decision next week.

China posts slowest quarterly growth since 2022 as investment slumps, fanning stimulus calls - That second-quarter growth came below Beijing's full-year growth target range of 4.5% to 5%, the least ambitious goal in decades.

Consumer prices rose 3.5% annually in June, less than expected as energy prices eased - The consumer price index in June was expected to increase 3.8% from a year ago.

New Trump 'gold coin' won't contain any gold - Trump Dollar 'Gold Coin' to Go into Production By Gareth Vipers and Richard RubinThe Wall Street JournalWednesday, July 15, 2026 President Trump has added his name or likeness to federal buildings, an airport, bridges and even some passports. Now the U.S. Mint is striking a one-dollar coin featuring his face, in a rare and controversial move to put a sitting president on American money. Treasur...

China takes control of physical gold pricing by month end, Maguire says - 5:26p ET Thursday, July 16, 2026 Dear Friend of GATA and Gold: London metals trader Andrew Maguire tells this week's edition of Kinesis Money's "Live from the Vault" program that China's physical gold market based in Shanghai and Hong Kong is ready to replace the "paper" gold system based in London and New York and, in effect, give gold backing not just to the Chinese yuan but also to the Russi...

Ghana president's brother maneuvers to seize big gold project - By Jonathan ClaytonMiningMX, Rivonia, South AfricaWednesday, July 15, 2026 A company owned by the billionaire brother of Ghana's president is accused of waging a campaign of "industrial espionage" to seize a major gold project from international investors, according to allegations supported by leaked emails seen by Miningmx. The emails, which have been reviewed by this publication, appear to sh...

Trump $1 dollar 'gold coin' to go into production, Bessent says - By Gareth Vipers and Richard RubinThe Wall Street JournalWednesday, July 15, 2026 President Trump has added his name or likeness to federal buildings, airports, bridges and even some passports. Now the U.S. Mint is set to begin striking a dollar coin featuring his face, a rare move to put a sitting president on American money. Treasury Secretary Scott Bessent unveiled designs for the new "gold ...

Ghana's 2026 artisanal gold output expected to surpass record 2025 level - By Christian AkorlieReutersTuesday, July 14, 2026 ACCRA -- Ghana's Gold Board bought up to 54 metric tons of gold from artisanal and small-scale mining in ​the first half of 2026 and output from the sector ​is on track to match or surpass last year's record, ⁠the state entity's CEO said on Tuesday. The figures and prediction point to ​another strong year for Ghana's biggest export and foreign e...

Americans Splurge Online and at Vehicle Dealers, instead of Buying Homes? YOLO? Retail Sales without Gas Stations Jump for 5th Month - Sales at gas stations were pushed by massive price movements of gasoline; we look at retailer categories separately to sort it out.

Pending Home Sales Plunge to Near-Record Low in the Data, Hit Low in the West. Since then, Mortgage Rates Rose Further - Sales sag in all regions, plunge the most in the Midwest, drop to lowest for June in the South. Demand stuck in the deep-freeze.

Producer Price Inflation beyond Energy: “Core” PPI Accelerates to 4.7%, Services PPI to 4.6%. Lots of Inflation Going on in Here - The plunge in energy prices pushed down overall PPI inflation, to a still very high 5.5%. It has been zigzagging higher since mid-2023.

Bitcoin faces fresh headwinds as China’s Kimi beats Claude, GPT in coding benchmark - Moonshot's Kimi K3 took the top spot in frontend coding away from Claude and OpenAI, and it's free. Semiconductor stocks fell, and crypto fell with them.

AI frenzy losing steam leaves bitcoin less volatile than South Korean stocks - Your day-ahead look for July 17, 2026

Live markets: Bitcoin slips to $63,000 as the chip rout goes global - A deepening global selloff in chipmakers dragged risk assets lower, pulling bitcoin back from the $65,000 it reached on this week's soft inflation print.

Risk-off wave drags bitcoin below $63,000 as AI selloff spreads from stocks to crypto - Crypto fell as AI stock fatigue and U.S.-Iran tensions weighed on sentiment, though a technical measure hints at oversold conditions heading into the weekend.

Airbnb CEO says X account was hacked, attacker posted AI-slop on tokenization - Brian Chesky regained control of his account and told any new crypto followers he would be a "disappointing follow".

Ether falls twice as hard as bitcoin and HYPE drops 10% as the chip trade unwinds - Japan's Nikkei had its worst day since March. Ether is still the only major holding a gain on the week, barely.

This $28 million ether market bet aims to profit from pure market chaos - The mega trade aims to profit from a potential surge in ether price turbulence.

DOG Mode vs. BIP-110: Inside the Bitcoin client built to bypass data restrictions - While BIP 110 wants to restrict data through a consensus change and has almost no miner support, a new DOG Mode client wants the opposite and requires no vote at all.

Bitcoin under $63,000 after new U.S. strike on Iran. Trump's China comment adds to uncertainty - Geopolitical tensions and renewed fears of U.S.-China frictions are weighing on risk assets, including bitcoin.

$1.9 trillion asset manager T. Rowe Price bets on active management with first multi-token crypto ETF - T. Rowe Price launched what it says is the industry's first actively managed multi-token spot crypto ETF, offering diversified exposure to digital assets.

Grant Cardone Stacks Another 10.5 Bitcoin From July Rent Cash Flow, Keeping Holdings Above 2,700 BTC - Real estate mogul Grant Cardone said Cardone Capital added another 10.5 BTC from July property cash flow, bringing his total keep somewhere around 2,700 BTC. A Growing Stack That Shows No Sign of Stopping Cardone disclosed the purchase earlier today, the latest in a string of monthly buys funded by rent checks rather than debt […]

Morgan Stanley Completes E*Trade Crypto Rollout With 50 Basis Point Fees: Here’s What Clients Get - Morgan Stanley’s E*Trade finished rolling out spot bitcoin, ether and solana trading to U.S. clients on July 16, undercutting rivals with a 50-basis-point fee as Wall Street’s crypto race accelerates. What’s on Offer The completed rollout means eligible E*Trade clients can buy, sell and hold the three largest non-stablecoin digital assets inside the same interface […]

Musk’s SpaceX Breaks Below Its $135 IPO Price After a 42% Collapse From Its Peak - SpaceX (Nasdaq: SPCX) fell 3.08% to close at $131.11 yesterday, its first finish below the $135 initial public offering (IPO) price since the rocket maker’s record June debut. A Retreat Ensues The close capped a multi-day slide for Elon Musk’s rocket company, given shares had already touched an all-time low of $132.75 intraday on Wednesday […]

Polymarket: CLARITY Act Odds Rebound to 35% After Crashing to a 2026 Low - Polymarket traders lifted the odds of the CLARITY Act being signed into law this year to 35% on July 17, a sharp recovery from the market’s record low of 24% hit just four days earlier. Expectations Are Rising The rebound suggests the odds of the Clarity Act passing into law this year have jumped to […]

Argentine Judge Orders Urgent Freeze of Crypto Wallets Tied to Controversial Libra Token - The measure, ordered by Federal Judge Marcelo Martinez, seeks to ascertain the identities of the owners of 25 wallets that moved the funds left after the launch of Libra, and the freezing of the funds in these wallets. At least 10 transactions passed through centralized exchanges, such as Binance, that exert KYC controls. Federal Judge […]

Justice Kagan Says Don't Call It the "Shadow Docket" - Justice Kagan tells Congress she prefers to call it the "emergency docket."

Court Affirms Rejection of Allegedly Anti-Zionist Professors' Claims That University Should Have Stopped Jewish Professors from Filing Religious Discrimination Complaints Against Them - From Lax v. CUNY, decided in 2024 by N.Y. trial court judge Gina Abadi, and just affirmed Wednesday in a… The post Court Affirms Rejection of Allegedly Anti-Zionist Professors' Claims That University Should Have Stopped Jewish Professors from Filing Religious Discrimination Complaints Against Them appeared first on Reason.com.

California's Local Governments Want State Taxpayers To Pay More, More, More - California local governments of every size are crying poor as they struggle with budget shortfalls.

Europe Requires Cameras in Cars To Monitor Drivers - The E.U. pulls ahead of the U.S. in the creepy international automobile surveillance race.

Today in Supreme Court History: July 17, 1862 - 7/17/1862:  Congress enacts the Confiscation Act, which empowers the government to seize the property of the rebels. The Supreme Court… The post Today in Supreme Court History: July 17, 1862 appeared first on Reason.com.

Review: Thomas Jefferson's Monticello Is Celebrating America's Semiquincentennial - The Declaration author's historic home is hosting a "1776: Road to the Declaration" exhibition.

Brickbat: Unlicensed Search - In Albany, Georgia, five police officers were fired after an internal audit found they had used the department's Flock license… The post Brickbat: Unlicensed Search appeared first on Reason.com.

Open Thread - What’s on your mind?

Second Amendment Roundup: Seventh Circuit Decides Barnett - After the Supreme Court grants cert on the identical issue, the circuit court offers a last hurrah

Illinois Will Finally Stop Stripping People of Their Home Equity—3 Years After the Supreme Court Outlawed It - Gov. J.B. Pritzker signed a bill that promises property owners will receive the surplus proceeds when the government seizes their home to satisfy a tax debt.

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.

Constitution: The REAL Reason it Even Exists. - The founders knew - freedom cannot exist with a government - that doesn’t have strict rules, a clear line in the sand that it’s not allowed to cross. In other words, when government determines the extent of its own power. On this episode, how lessons learned in the American Revolution gave birth to the written constitution. And more importantly, the real reasons it exists - that the government-...

The Foundation of the Constitution: Top-5 Principles from the American Revolution - Thomas Jefferson called the 10th Amendment the "foundation of the Constitution," and for good reason too. It enshrines many of the radical principles that sparked the “real American Revolution” in the years before the War for Independence. The post The Foundation of the Constitution: Top-5 Principles from the American Revolution appeared first on Tenth Amendment Center.

Five Weapons. One Target: Your Freedom. - The top tools of tyrants aimed right at your liberty. Washington, Webster, Paine, Madison, and more - they saw every one of them coming and warned us. On this Episode - what they use against us and what’s self-inflicted. The post Five Weapons. One Target: Your Freedom. appeared first on Tenth Amendment Center.

EFF and ARTICLE 19 Submission to the European Commission on the DSA Trusted Flagger Guidelines - EFF and ARTICLE 19 have submitted joint comments to the European Commission on draft guidelines for the Digital Services Act’s trusted flagger mechanism. Having long advocated for a DSA that protects freedom of expression while preserving intermediary liability protections and the prohibition on general monitoring, we welcome the Commission's effort to provide practical guidance on how the trus...

California Steps Back From Dangerous Expansion of its Age-Gating Law - The California legislature has stepped back from a plan that would have expanded its age-gating law, removing language that could have compounded serious threats to users’ speech, privacy and security just to browse the internet. A.B. 1856, authored by Assemblymember Buffy Wicks, will now move forward through the legislature without its most problematic pieces. EFF still believes the underlying...

Most Smart Watches, Rings, and Bands Lack Basic Transparency Reports and Key Privacy Features - Oura Rings, Garmin GPS fitness watches, Apple Watches, Whoop bands—every year, more and more tech devices are promising to monitor our health and fitness, guide us toward healthier living, and provide useful health metrics to take to our doctors. But few of these tools provide the sorts of privacy and security promises we demand from all technology, let alone tech that captures personal health ...

Victory for Small San Diego Business! Federal Appeals Court Rules Against Ruinous Financial Surveillance of California Money Services Businesses - SAN DIEGO—San Diego small business owner Esperanza Gomez can continue to operate her money services business free of ruinous financial surveillance after a federal appeals […] The post Victory for Small San Diego Business! Federal Appeals Court Rules Against Ruinous Financial Surveillance of California Money Services Businesses appeared first on Institute for Justice.

Public Interest Law Firm Warns PA Lawmakers Against Regulating Speech - This week, the Institute for Justice (IJ) warned Pennsylvania lawmakers that attempting to regulate how the term “state fair” is used would violate residents’ First Amendment rights.  The post Public Interest Law Firm Warns PA Lawmakers Against Regulating Speech appeared first on Institute for Justice.

Long Island Electrician Injured at Airport Teams Up with Public Interest Law Firm to Hold the Government Accountable - NEW YORK—In his first week on the job at Long Island MacArthur Airport, Gino Fiermonte was shocked and seriously injured. According to Gino, the accident […] The post Long Island Electrician Injured at Airport Teams Up with Public Interest Law Firm to Hold the Government Accountable 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 ...

WY: Which Candidates Will Defend Your Gun Rights? - The Wyoming Primary Election is quickly approaching, and your vote will help determine who will defend your Second Amendment rights in the years ahead. Gun Owners of America has completed our candidate evaluations and issued letter grades for a number of candidates across Wyoming based on their records, voting histories, responses to GOA’s candidate survey, and demonstrated commitment to protec...

DOJ Fights Us on NFA and GOA Files PA Lawsuit - From the ATF issuing a new rule, strengthening the definition of “willfully” to protect FFLs and gun owners, to the Department of Justice fighting us on our lawsuit against the NFA’s registration requirements, and filing our latest lawsuit against the State of Pennsylvania… GOA has been busy. You deserve an update. Recently, the ATF issued a new Notice of Proposed Rulemaking indicating they are...

Gun Owners of America & Fuerza 2A Endorse Blaise Ingoglia for Florida Chief Financial Officer - Gun Owners of America & Fuerza 2A Endorse Blaise Ingoglia for Florida Chief Financial Officer  FOR IMMEDIATE RELEASE  July 9, 2026  TALLAHASSEE, FL — Gun Owners of America (GOA) and Fuerza 2A proudly endorse Blaise Ingoglia for Florida Chief Financial Officer.  Throughout his service in the Florida Legislature, Ingoglia has consistently stood with Florida’s law-abiding gun owners and fought to ...

OCC terminates Quontic consent order - Quontic CEO George Lazaridis said the bank viewed the remediation process “as an opportunity to strengthen the foundation of our bank.”

Former BNY exec seeks to launch community bank in Pittsburgh - Sagehaven Bancorp aims to focus on serving small and mid-market companies and mid- to high-net-worth individuals and is projected to open in April 2027.

Warren, Warsh spar over Bowman’s appearance at private dinner - Fed Chair Kevin Warsh said he supports an inspector general’s investigation of Fed Gov. Michelle Bowman’s reported appearance at a private dinner hosted by Bank of America during a Fed blackout period.

Wells Fargo debuts AI-powered teammate for financial advisers - The new capability aims to simplify access to Wells Fargo’s core technology platform, enabling plain language queries and faster access to insights.

Custodia petitions Supreme Court over Fed access - The Wyoming-based crypto bank has argued unsuccessfully for a Fed master account for years. Now it’s calling the central bank’s denial a “death sentence.”

OpenUSD has its work cut out if it hopes to challenge incumbent stablecoins - The recently announced consortium of crypto companies behind OpenUSD, a new dollar-denominated stablecoin, will have to demonstrate that it can build partnerships with banks and intermediaries before it can challenge USDC and Tether.

Lumin Digital gets $70 million from bank, credit union users - The customer-sourced investment will continue to support the digital banking provider's AI and digital loan origination initiatives.

Banks have never had it this good - Banks are posting record profits, benefitting from being in the middle of a hot credit cycle. Everything is going their way. The only question is, how long can it last?

State AGs sound alarm over Enova, OppFi buying banks - A coalition of 20 state attorneys general, most of them Democrats, is opposing efforts by the high-cost lenders Enova International and Opportunity Finance to acquire banks. The state AGs warn that the companies are trying to dodge state interest-rate caps.

How good was 2025 for brokerages? They made $115B in pretax profits - FINRA's annual snapshot shows how the wealth industry is changing, from key business metrics and marketing trends to shifts in registration and a shrinking branch footprint.

The evolving nexus: sovereigns, banks and NBFIs - by Stefan Avdjiev, Bryan Hardy, Maximilian JagerThis paper documents that the traditional sovereign-bank nexus has morphed into a broader nexus that now also includes non-bank financial institutions (NBFIs): the sovereign-bank-NBFI nexus. The classical sovereign-bank nexus has been a major financial stability concern following the eurozone crisis. Since then, sovereign debt levels have increase...

Geopolitical risk and emerging market sovereign risk premia - by Fredy Gamboa, José Vicente RomeroThis study examines how geopolitical risk (GPR) transmits to sovereign credit risk in emerging market economies (EMEs), using monthly data on the 5-year sovereign credit default swap (SCDS) and the J.P. Morgan Emerging Markets Bond Index (EMBI) spread for 13 EMEs over the period of January 2005–October 2025. Using fixed-effects panel local projections, the fr...

The AI investment race - by Phurichai RungcharoenkitkulThe AI build-out ranks among the largest technology-driven investment booms in US history. Its scale, reliance on debt and circular equity ties raise questions about the boom's sustainability and financial stability. We study a dynamic contest in which firms competing for a few dominant positions over-commit resources. The over-investment leaves the sector exposed ...

Agencies issue joint statement on handling of highly sensitive information during bank examinations - Agencies issue joint statement on handling of highly sensitive information during bank examinations

Federal Reserve Board issues enforcement action with former chief lending officer of Heritage State Bank - Federal Reserve Board issues enforcement action with former chief lending officer of Heritage State Bank

Minutes of the Board's discount rate meetings on June 8 and June 17, 2026 - Minutes of the Board's discount rate meetings on June 8 and June 17, 2026

Press Release: Agencies Issue Joint Statement on Handling of Highly Sensitive Information During Bank Examinations - PRESS RELEASE | JULY 16, 2026 Agencies Issue Joint Statement on Handling of Highly Sensitive Information During Bank Examinations WASHINGTON — T...

Press Release: Agencies Issue Guidance on Lending to Individuals Not Legally Authorized to Work in the United States - PRESS RELEASE | JULY 13, 2026 Agencies Issue Guidance on Lending to Individuals Not Legally Authorized to Work in the United States WASHINGTON —...