Precious Metals and Market News

Retail investors buy the dip as Royal Mint reports solid demand for digital gold and silver - (Kitco News) - After a months-long correction that pushed precious metals into bear-market territory, investment demand for bullion is starting to recover, with particularly strong growth in digital silver, according to the latest sales figures from the British Royal Mint.

Gold, silver firm as Fed hold, Hormuz oil spike hit equities - Kitco PM Report - (Kitco NewsWire) - Spot gold and silver prices are modestly higher in late-afternoon U.S. trading Wednesday, as the Federal Reserve held interest rates steady while rising oil prices, firm Treasury yields and a sharp equity selloff kept defensive demand in play. At the time of writing, spot gold was trading near $4,043.60 an ounce, up 0.12%, while spot silver was trading near $57.26, up 0....

‘Market participants are learning to play the ball, not the referee… and we're just getting started’ – Fed Chair Warsh - (Kitco News) – After the Federal Reserve held rates unchanged as expected, Fed Chair Kevin Warsh used his second press conference to address the reemergence of dissent on monetary policy, the challenges of parsing economic shocks, and the need to adapt to life after forward guidance, while reiterating his commitment to the 2% inflation target and post-FOMC pressers – at least through 2026.Warsh...

Gold price jumps as Federal Reserve leaves interest rates unchanged - (Kitco News) - The gold market is enjoying a modest relief rally after the Federal Reserve left interest rates unchanged; however, the central bank continues to maintain a solid tightening bias.

Investors are still cashing in unwanted gold jewelry, but panic selling has faded - House of Kahn Estate Jewelers - (Kitco News) - Gold is stuck in neutral, holding support at $4,000 an ounce, and the market could remain under pressure as consumers continue to take advantage of elevated prices by selling their unwanted jewelry.

Gold and silver likely stuck in current range, markets overstate chances of Fed rate hikes – StoneX - (Kitco News) – While the Federal Reserve is likely to maintain its hawkish tone, the market’s rate hike expectations are too high given the data, while gold and silver prices will probably remain rangebound with a downward bias, according to market strategists at StoneX.

Fed’s core inflation comments could move markets despite likely rate hold - Fifth Third’s Adams - (Kitco News) – Even if the Federal Reserve holds rates unchanged as expected, any comments relating to the United States’ core inflation rate could cause a significant repricing of rate expectations, yields and gold, according to Bill Adams, Chief U.S. Economist at Fifth Third Commercial Bank.

Gold holds above $4,000 as Fed decision keeps traders defensive - Kitco AM Report - (Kitco NewsWire) - Spot gold prices are modestly lower and spot silver prices are slightly higher ahead of the North American market open Wednesday, as traders kept positioning tight before the Federal Reserve’s rate announcement and Chair Kevin Warsh’s press conference. At the time of writing, spot gold was trading near $4,017.10 an ounce, down 0.27%, while spot silver was trading near $5...

Gold, silver slide as buyers stay sidelined ahead of the Fed - Kitco PM Report - (Kitco NewsWire) - Spot gold and silver prices are lower in late-afternoon U.S. trading Tuesday, as sellers kept pressure on precious metals ahead of Wednesday’s Federal Reserve decision even as Treasury yields and crude oil prices moved lower. At the time of writing, spot gold was trading near $4,027.40 an ounce, down 1.18%, while spot silver was trading near $57.02, down 2.19% on the session.

Fed will hold until at least September, gold likely stuck in neutral for 3-6 months – SIA’s Cieszynski - (Kitco News) – With the Iran war generating enormous volatility in energy markets and inflation expectations, the Fed will do its best not to make waves until September at the earliest, which means gold prices will likely be stuck in neutral until the fall if not early 2027, according to Colin Cieszynski, chief market strategist at SIA Wealth Management.Cieszynski told Kitco News on Friday that...

xAI Sues Minnesota Attorney General Over Anti-Deepfake Law - xAI Sues Minnesota Attorney General Over Anti-Deepfake Law Authored by Stacy Robinson via The Epoch Times, Elon Musk's artificial intelligence platform is challenging a Minnesota law that says companies can be held liable if users "nudify" real people by altering an existing photograph or video. The screen shows Grok app in this photo illustration. Oleksii Pydsosonnii/The Epoch Ti...

MSFT Spikes After Leaving CapEx Outlook Unchanged - MSFT Spikes After Leaving CapEx Outlook Unchanged Update (1800ET): As this evening's conference call went on, we finally got to the meat of the matter as Microsoft kept its CapEx forecast unchanged on Wednesday, ...becoming one of the first hyperscalers to hold the line on the market's insatiable AI spending spree. Against expectations to spend $190 billion on capital expenditures...

Guess Who's Funding Barricades And Porta-Potties At Madison's Marxist-Antifa Encampment - Guess Who's Funding Barricades And Porta-Potties At Madison's Marxist-Antifa Encampment Far-left foot soldiers linked with Black Lives Matter and Antifa have established a two-block autonomous zone along Williamson Street in Madison, Wisconsin, following the death of 38-year-old Corey Durrell Ruiz. Good morning from Madison, where an encampment at Willy and Baldwin Sts is in its ...

HHS Unveils Policy To End Funding For 'Dangerous Gain-Of-Function Research' - HHS Unveils Policy To End Funding For 'Dangerous Gain-Of-Function Research' Authored by Aldgra Fredly via The Epoch Times, The Department of Health and Human Services (HHS) on July 28 unveiled a new policy that would end federal support for "dangerous gain-of-function research," an experiment in which scientists genetically modify an organism to enhance its characteristics. Worker...

China To Arm Iran With Hundreds Of MANPADS Despite Trump Warnings: Report - China To Arm Iran With Hundreds Of MANPADS Despite Trump Warnings: Report President Trump has repeatedly said that China's President Xi Jinping has directly assured him that Beijing will not supply Iran with weaponry or military support. But this week these 'assurances' have been called into question by an Reuters investigation. "Iran is expected to receive within weeks a first sh...

Anatomy Of The 'Islamophobic' Shooting That Wasn't - Anatomy Of The 'Islamophobic' Shooting That Wasn't Authored by Andrew Bostom via RealClearInvestigations, On Nov. 17, 2023, Mustafa Ramos, a Muslim man wearing a turban and a robe, was shot in the buttocks while selling Islamic paraphernalia adjacent to the Islamic Center of Rhode Island mosque in Providence. The 52-year-old man was treated and released from the hospital in two...

Energy Department Issues Emergency Order To Secure Power Grid In 17 US States - Energy Department Issues Emergency Order To Secure Power Grid In 17 US States Authored by Naveen Athrappully via The Epoch Times, The Department of Energy (DOE) has issued an order to tackle an energy emergency situation across 17 U.S. states triggered by hot weather conditions. An aircraft takes off from Los Angeles International Airport behind electric power lines in El Segundo,...

Lemonade Crashes As Customer Growth Miss Spooks Wall Street - Lemonade Crashes As Customer Growth Miss Spooks Wall Street Lemonade shares crashed early in the US cash session after the technology-focused insurer reported fewer second-quarter customers than Wall Street expected and announced a transition of its chief financial officer. The company, which provides renters, homeowners, auto, pet and life insurance in the US and parts of Europe,...

US State Department Issues Travel Advisory For Caribbean Tourist Destination - US State Department Issues Travel Advisory For Caribbean Tourist Destination Authored by Naveen Athrappully via The Epoch Times, The State Department updated its travel advisory for the Bahamas, highlighting the risk of crime, including sexual assaults, in the Caribbean nation. Violent crimes, such as sexual assaults, armed robberies, and burglaries, can occur anywhere in the c...

Houthis Signal Red Sea Shipping Tolls In Mirror Image Of Iran's Hormuz Plan - Houthis Signal Red Sea Shipping Tolls In Mirror Image Of Iran's Hormuz Plan Houthis have entered the chat... Already multiple Saudi vessels have been targeted in the Red Sea region, forcing a number of tankers to U-turn, and now Yemen's Houthis are seeking to introduce their own 'toll system' for the Bab el-Mandeb Strait. "Yemen's information minister said intelligence confirmed ...

‘We already have wills’: We’re in our 60s with $1.5 million. Should we set up a trust to prevent conflict among our heirs? - “I realize that probate can be lengthy, public and expensive.”

Chipotle lifts its sales forecast even as a lettuce-linked outbreak slows foot traffic - Mexican fast-casual chain acknowledged ‘softening’ traffic in the second half of July, but it’s taking a rosier view of its full-year prospects.

My girlfriend is 62. Can she claim her late husband’s full Social Security benefit — or does she have to wait? - “Her husband passed away 10 years ago. They had been married for more than 20 years.”

Stocks and bonds see wild ‘Fed Day’ swings as Wall Street’s ‘crash cushion’ evaporates - Major equity indexes put in their worst “Fed Day” performance since December 2024, while the yield on the 30-year bond shot higher.

Bond market is calling Warsh’s bluff on inflation fight as yields surge - The yield on the 30-year Treasury bond touched its highest level since 2007 during Warsh’s press conference.

Rising Medicare Part D premiums could drive more people into Medicare Advantage plans - Medicare Advantage plans could be the winners of a decision by the Trump administration to put an early end to a program that kept the cost of Medicare prescription drug plans lower.

Starbucks is becoming cool again. Here’s how it pulled off its turnaround. - Trendier products, faster service and more food options boost Starbucks’ earnings.

Qualcomm’s stock falls as memory woes weigh on earnings - The chip company came up short on its bottom line.

‘Love Island USA’ winners are spending their $100,000 prize money in a very relatable way - Trinity Tatum and Bryce Alakai aren’t spending their reality-TV winnings on shopping sprees just yet.

Robinhood puts up record revenue as volatility drives a trading bonanza - Prediction-market revenues on the popular trading app increased tenfold during the second quarter.

Meta's stock plunges almost 10% on disappointing guidance, dwindling free cash flow - Meta issued a weaker-than-expected revenue forecast and narrowed its capex range for the year.

Qualcomm to raise prices during memory crunch as chipmaker issues light earnings guidance - "Cost went up, prices are going to go up," Qualcomm CEO Cristiano Amon said in an interview.

Microsoft jumps 7% as it boosts capital spending plans, citing demand - Microsoft sees positive free cash flow for the new fiscal year as it changes accounting for data centers and office buildings.

Stocks making the biggest moves after hours: Microsoft, Meta, Starbucks, Carvana and more - These are the stocks posting the largest moves in extended trading.

Here are the last times the Dow dropped by 1,000 points and what happened next - After the Dow falls by 1,000 points, the index typically is weak in the week that follows. The average then posts gains in the next month and three months.

Singapore tightens monetary policy in surprise move as rising oil prices rekindle inflation risk - Unlike most central banks, the MAS manages medium-term price stability by managing the Singapore dollar exchange rate against a trade-weighted basket of currencies.

Trump's new global tariff draws rebukes from trade partners over forced labor justification - U.S. trading partners have rejected the forced labor rationale behind Trump's new global tariffs, while most signaled plans to keep negotiating.

Kevin Warsh has homed in on three key phrases. How Fed watchers interpret them - In five public appearances, Warsh has used the phrase "family fight" 13 times, returning to "first principles" 11 times and "inflation is a choice" for the Fed six times.

Trump plans generic drug tariffs from 2028 with two-year delay testing U.S. onshoring push - The latest tariff salvo underscored Trump's goal of reshoring low-cost drug production, but displacing established suppliers like India won't be easy.

Import prices post surprise gain as costs of goods from China hit highest since 2008 - Import prices were up 0.3% for the month, as a drop in energy was more than offset by increases elsewhere.

Hong Kong gold flows hit decade high in advance of new clearing system - By Yihui XieBloomberg NewsTuesday, July 28, 2026 Hong Kong's imports of gold surged to the most since late-2014 in June, driven by preparations for the city's recently-launched clearing system as well as solid demand from mainland China. Bullion inflows surged to more than 130 tons, according to the city's customs authority. Net imports, which indicate how much of the precious metal is staying ...

Anglo American in talks to sell De Beers for about $1 billion - By Thomas Biesheuvel, Antony Sguazzin, and William ClowesBloomberg NewsWednesday, July 29, 2026 Anglo American Plc is discussing a deal worth about $1 billion to sell its De Beers diamond business, just a fraction of what the one-time diamond monopoly was once worth. Anglo has been looking to sell De Beers since it fended off an almost $50 billion approach from BHP Group in early 2024, yet its ...

Zijin Gold drops Allied deal in favor of $295 million stake - By Sybilla GrossBloomberg NewsWednesday, July 29, 2026 Zijin Gold International's deal to acquire Canada's Allied Gold Corp. has been scrapped, with the Chinese mining company opting instead to invest about $295 million in the African-focused gold producer. Zijin Gold and Allied Gold terminated the transaction after concluding there's "no reasonable likelihood" that all conditions to close the ...

Zijin's $5.5-billion acquisition of Allied Gold in jeopardy as China stalls approval - By Niall McGeeThe Globe and Mail, TorontoTuesday, July 28, 2026 Zijin Gold International Co.'s $5.5-billion planned acquisition of Allied Gold Corp. is in jeopardy, with China dragging its feet on approving the transaction, Allied chief executive Peter Marrone told The Globe and Mail. In January, Zijin Gold offered $44 a share in cash for Toronto-based Allied, which at the time represented an a...

Mike Maharrey: Inflation is worse than CPI indicates, as you might have noticed - By Mike MaharreyMoney Metals Exchange, Eagle, IdahoTuesday, July 28, 2026 We all intuitively know that prices are rising faster than the Consumer Price Index indicates. We feel the pain every time we go to the grocery store or gas station. But just how much is price inflation impacting us here on Main Street? I started pondering this question the other day when I ran across a graph tracking the...

Fed Holds Rates after “Good Family Fight” and 3 Dissenters, after Enormous Uncertainty in the Markets - Markets were left to their own devices for the first time in a generation after Warsh scuttled forward guidance as part of his Regime Change.

Growth of the Vacant Housing Stock in the US - The US added 1.51 million housing units (new construction minus demolitions) in 12 months, homes for 3.5 million people. The population grew by 757,000. And vacant housing units continued to surge.

Korean KOSPI Crashes 10.8% Today, -34% in 25 Days, after 300% Spike, as Consensual Hallucination Fades - Amid general chipmaker bloodbath, SK Hynix and Samsung, which make up half of the index, crashed even more.

Legal Tender Forces Gold Out - The government has many ways of forcing us to use their paper dollar as money. The tax on capital gains on gold (I wrote about this here) is one bullet in their gun. The legal tender law—U.S. Code ...

These Countries May Be Next To Accept Bitcoin as Legal Tender - One of the main knocks against cryptocurrency has always been that it will never gain universal adoption, meaning its usefulness will always be limited. This perhaps changed forever on September 7, ...

What Is Considered Legal Tender in the US? - "Legal tender" means that the financial instrument in question legally serves to pay any public or private debt. Federal law guarantees its printed value regardless of its intrinsic convertible value, ...

Bill Introduced To Make Bitcoin A Legal Tender In Arizona - Senator Wendy Rogers has introduced a bill proposing to make bitcoin a legal tender in the U.S. state of Arizona. The bill seeks to add bitcoin to the list of instruments considered legal tender in ...

The Conundrum Of Bitcoin Legal Tender Laws - Nayib Bukele, El Salvador’s laser-eyed President, shocked the world at the Bitcoin 2021 conference in Miami when he announced that bitcoin would become legal tender in his country. A few days later, ...

Robinhood slides 4% despite earnings beat as crypto revenue cools - The brokerage reported $100 million revenue from crypto trading, a 38% decline in a year, offset by stronger options, equities and prediction markets activity.

As crypto perpetual futures boom, Ethereum’s role is shifting - Rather than competing directly with faster chains, some builders argue Ethereum's strength lies in supporting the layer-2 networks where trading is taking place.

Fed holds rates steady, extending pause as markets await Kevin Warsh's policy roadmap - For the first time in several years, markets were somewhat split on whether the U.S. central bank would hike rates.

The traditional 9-to-5 banking day is officially dying, says Morgan Stanley execs - Tokenization and 24/7 markets are reshaping finance, making always-on banking a reality.

Stablecoin firm Brale says new protocol can remove a major hurdle to scaling custom tokens - Today's bridge model won't scale as hundreds of companies issue their own stablecoins, fragmenting liquidity, Brale CEO Ben Milne said in an interview.

Coinbase hit by spot trading slump: Wall Street trims expectations ahead of earnings - Wall Street expects a sluggish second quarter from Coinbase as crypto trading activity cools, putting all eyes on and pending U.S. crypto legislation.

Crypto Long & Short: What this year's $972 million crypto hacks actually tell us about security - In this week's Crypto Long & Short, Immunefi's Mitchell Amador writes that most of 2026's stolen crypto is leaving through keys, signers and governance, not contract bugs, and explains why “we were audited” was never the same as “we are safe.”

Ethereum Foundation names pcaversaccio to board amid leadership changes - pcaversaccio (known as "pc"), is a prominent security researcher in the Ethereum ecosystem. His addition brings the foundation's board to four members.

The inside story of how a hike in Hong Kong changed crypto trading forever - "We were a scrappy startup," Delo said of BitMEX back in 2016, when it launched the first perpetual future. "We thought, ‘Just get it out there. If it was any good, the market would show us.’"

About $80 million ZEC crosses into Zcash's new Ironwood pool in the first day - Roughly 5% of the funds in the retired Orchard pool have gone through the turnstile. The rest sit in a pool that can no longer take deposits.

Tether Data Pushes AI Off the Cloud With New 460M Parameter Vision Model - Tether Data has open-sourced a 460-million-parameter vision-language model built to run directly on smartphones instead of relying on cloud servers. Released Wednesday by the company’s AI research arm, QVAC, VisionPsy-Nano can examine images, documents, and charts, then answer questions without sending the source material to a remote system. The phone handles both the input and […]

Underdog’s UDX Hits $1.2M Day, About 5% of Estimated Companywide Flow - Underdog’s in-house UDX exchange recorded a reported $1.2 million in July 27 trading volume, reaching its first million-dollar day ten days after initial test trades. The result suggests Underdog avoided the usual cold-start problem for a new exchange, but UDX appears to be handling only a small fraction of the company’s broader prediction-market activity. Existing […]

Türkiye Blocks 47,493 Illegal Betting Sites as Crypto Account Crackdown Expands - Türkiye has blocked 47,493 illegal betting websites and detained 5,629 suspects in 680 operations since the start of 2026. Authorities are increasingly following the payment infrastructure behind the sites, with recent investigations targeting thousands of bank accounts and crypto wallets allegedly used to move betting proceeds. Crypto wallets become a repeated enforcement target Türkiye has […...

BNY Launches Onchain Transfer Agency for Its $8.6 Trillion Fund Business - BNY Mellon is launching a digital transfer agency that will record fund transactions and investor ownership onchain. Baillie Gifford, Blackrock and BNY’s Dreyfus unit are expected to be among its first users. Baillie Gifford to Use BNY Platform for UK’s First Native Regulated Tokenized Fund BNY (Bank of New York) Mellon is putting one of […]

Bitcoin Traders Push Price Back to $64,400 After Fed Decision Eases Market Jitters - Bitcoin briefly surged to $64,500 before pulling back to $63,700, ending down 0.6% on the day with its market cap holding at $1.277 trillion. Moderate Pullback Limits Liquidations Bitcoin seesawed July 29 as global markets reacted to a surprise Iranian strike on a U.S. military base in Jordan and the Federal Reserve’s decision to hold […]

No Pseudonymity for the Pretend Date in Pentagon Contractor's Suit Over Hidden Date Recording by O'Keefe Media Group - First, a quick summary from today's decision by Judge Amit Mehta (D.D.C.) in Mannina v. O'Keefe Media Group: In January… The post No Pseudonymity for the Pretend Date in Pentagon Contractor's Suit Over Hidden Date Recording by O'Keefe Media Group appeared first on Reason.com.

A Bit on Pentagon Contractor's Wiretapping Claim Over Hidden Date Recording by O'Keefe Media Group - First, a quick summary from today's decision by Judge Amit Mehta (D.D.C.) in Mannina v. O'Keefe Media Group: In January… The post A Bit on Pentagon Contractor's Wiretapping Claim Over Hidden Date Recording by O'Keefe Media Group appeared first on Reason.com.

Pentagon Contractor's Fraudulent Misrepresentation Claim Over Hidden Date Recording by O'Keefe Media Group Can Go Forward - From today's decision by Judge Amit Mehta (D.D.C.) in Mannina v. O'Keefe Media Group: In January 2025, Plaintiff Jamie Mannina,… The post Pentagon Contractor's Fraudulent Misrepresentation Claim Over Hidden Date Recording by O'Keefe Media Group Can Go Forward appeared first on Reason.com.

Pentagon Contractor's Libel Claim Over Hidden Date Recording by O'Keefe Media Group Can Go Forward - From today's decision by Judge Amit Mehta (D.D.C.) in Mannina v. O'Keefe Media Group: In January 2025, Plaintiff Jamie Mannina,… The post Pentagon Contractor's Libel Claim Over Hidden Date Recording by O'Keefe Media Group Can Go Forward appeared first on Reason.com.

Anthony Fauci Refuses to Answer Rand Paul's Questions After Diary Disclosures Go Viral - Robby Soave and Amber Duke talk about Fauci's appearance before Congress, where he pleaded the Fifth rather than address COVID's origin.

Economic Development Subsidies Create a Lot of Jobs—Mostly for Lobbyists - According to a newly published study, states that issued "extraordinarily large" economic development subsidies saw more lobbyists located in the state capital.

Why Capitalism Is the Most Moral Economic System - "Success comes from meeting the needs and wants of others," says businessman and publisher Steve Forbes.

Federal Court Slaps Down Rhode Island Town's Surprise Seizure of Family's Land - A district court ruled that Johnston, Rhode Island, can't use its own bespoke eminent domain process to block an affordable housing development.

New Article on "The State Constitutional Case Against Exclusionary Zoning" - It is the first comprehensive analysis of how to use state constitutional law to combat exclusionary zoning. Coauthored with Josh Braver.

"I Rushed out Already Moist. My Mouth. I Want My Face. We Just Carry It On." - From the Complaint in Kivler v. Wolf Licensee LLC, just removed to E.D. Pa.: E.K., is a 16-year-old student athlete,… The post "I Rushed out Already Moist. My Mouth. I Want My Face. We Just Carry It On." 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.

President or King? It’s not the TITLE. It’s the POWER. - For the founders, an elective monarchy was just as bad as an hereditary one - because the core issue was the power of discretion. On this episode, it’s 6 of the most dangerous powers of a king as the founders understood them. And you just might recognize every single one of them today. The post President or King? It’s not the TITLE. It’s the POWER. appeared first on Tenth Amendment Center.

The Buck Stops Nowhere - Having burned through billions of dollars and depleted critical munitions stockpiles, the Pentagon is running out of money. Our money. According to the Washington Post, the Pentagon is facing an urgent budget shortfall caused largely by the Iran war, with some critical funding accounts expected to run dry within weeks. Training, maintenance and other military priorities are reportedly being […]...

Constitution Enforcement: 6 Ignored Steps That Actually Work - The founders knew exactly what it takes to deal with unconstitutional power. How that gets done? It’s built on their experience and tactics against the British empire. On this Episode - it’s 6 steps that actually work as the real enforcement mechanism for the constitution. They come right from the American Revolution, backed by the ultimate check - the duty of self preservation The post Constit...

🏃 Fitness Tracker Privacy Fails | EFFector 38.14 - Watches, bands, and rings—if you want to digitally monitor your fitness, more companies than ever are selling devices to do it. And more Americans than ever now own at least one wearable health device. But what are the companies that make fitness trackers doing to protect our sensitive data from prying eyes? A lot less than they could be, it turns out. We're explaining what companies can do to ...

San Francisco: Don’t Fall for Industry Defense of Surveillance Pricing - The concept of “surveillance pricing” is just one part of a much larger problem and business model: corporations maximizing their profits by invading our privacy. The all-too-common business model is to systematically harvest, collate, and store as much of our personal data as possible, and then monetize it through use and sale. When it comes to surveillance pricing, that looks like corporation...

Why Are Gay Bars Building Databases of Their Patrons? - Recent reports have raised alarm about the use of PatronScan, an ID-checking and face-scanning system, at multiple LGBTQ+ bars in San Francisco’s Castro neighborhood. Much of the attention has focused on reports that the system photographs patrons as they enter venues and questions about whether those images are used for facial recognition. A broader privacy concern also deserves scrutiny. For ...

Chicago Homeowner Sues Federal Government After Warrantless Raid by Immigration Agents - CHICAGO—Today, a Chicago homeowner filed a lawsuit against the federal government over a warrantless raid of his property by Customs and Border Protection (CBP) agents last October. The lawsuit, filed by Leo […] The post Chicago Homeowner Sues Federal Government After Warrantless Raid by Immigration Agents appeared first on Institute for Justice.

Victory! Pennsylvania Supreme Court Rules Against Warrantless Searches of Property - ARLINGTON, Va.—Today, in a landmark decision, the Pennsylvania Supreme Court ruled unanimously 7-0 in favor of the Punxsutawney and Pitch Pine hunting clubs in their […] The post Victory! Pennsylvania Supreme Court Rules Against Warrantless Searches of Property appeared first on Institute for Justice.

Massachusetts Families File Appeal to Supreme Court Challenging Unconstitutional Conditions for Special Education Services - BOSTON—Can the government withhold aid from children because of their parents’ exercise of a constitutional right? That’s the question two Massachusetts families are asking the […] The post Massachusetts Families File Appeal to Supreme Court Challenging Unconstitutional Conditions for Special Education Services 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: GOA Endorses 30+ Pro-Gun Candidates Across Wyoming - See GOA’s list of pro-2A candidates before the upcoming August 18 primary Gun Owners of America is proud to endorse the following candidates in Wyoming’s Republican primary on Tuesday, August 18, 2026: **Click on any image above to download full size graphic for sharing** To find your legislative district, click the button below; cross-reference your district with the list above … Read more

Gun Owners of America Gun Giveaway Official Rules - Gun Owners of America GOALS 2026 Giveaway OFFERED ONLY TO LEGAL U.S. RESIDENTS AGED 18 YEARS OR OLDER, WHO ARE ELIGIBLE TO OWN A HANDGUN UNDER ALL APPLICABLE LAWS. 1. ELIGIBILITY: Open to U.S. residents age 18 years or older, who are eligible to own and lawfully receive a handgun under federal, state, and local laws, and who enter the … Read more

Gun Owners of America Sues U.S. Virgin Islands Over Unconstitutional Ban on Nonresident Right to Bear Arms - Gun Owners of America Sues U.S. Virgin Islands Over Unconstitutional Ban on Nonresident Right to Bear Arms   FOR IMMEDIATE RELEASE  July 20, 2026  CHARLOTTE AMALIE, USVI — Gun Owners of America (GOA) and Gun Owners Foundation (GOF) have filed a federal lawsuit challenging the U.S. Virgin Islands’ prohibition on nonresidents exercising their Second Amendment rights.  The lawsuit argues the USVI ...

Banc of California sees surprise $251.3M loss - The Los Angeles lender repositioned securities into shorter-duration, higher-yielding products. It also launched the sale of $827 million in real estate and multifamily loans and retired $385 million in debt.

Activist investor prods Washington bank to sell - Down Range Capital Opportunity Fund is urging the board of $2.3 billion-asset Cashmere Valley Bank to find a buyer, saying its value “can only be unlocked” through a sale.

Ex-CFPB official tapped to lead NJ consumer affairs unit - Christopher Peterson is one of at least two recent state-level consumer advocacy hires, after California named former CFPB chief Rohit Chopra to lead a newly formed consumer agency.

PNC’s wealth unit targets mass-affluent clients with lending option - The Pittsburgh-based lender is pursuing a national identity, and national banks have put more focus on a securities-based lending-type solution in recent years, an executive said.

Rent fintech Flex applies for ILC charter - Jeff Berkson, who until May served as chief risk officer at WebBank, will be the bank’s proposed CEO. The lender will be based in the Salt Lake City area and operate nationally through digital channels.

Prosperity blames loan-growth woes on newcomers' pricing - Banks that are new to the Texas market are pricing loans very aggressively, according to senior leaders at Houston-based Prosperity Bancshares.

How advisors can act as hubs for clients' lawyers, accountants - By coordinating with a client's other financial professionals, such as lawyers and accountants, financial advisors have the potential to deliver even more value.

The safety of the status quo is a risk. Here's how to guide clients past it - Summer meetings might pose a scheduling challenge, but financial advisors could help clients avoid costly mistakes by guiding them away from the common bias in a midyear meeting.

Warsh welcomes yield spikes as 'change for the better' - Federal Reserve Chair Kevin Warsh acknowledged that his limited guidance might have been a factor in rising market rates, but said whatever increased volatility can be attributed to the changes is more than offset by the benefit of a more nimble central bank.

SoFi's revenue soars, but increased expenses hinder earnings - The lender reported a 40% increase in net revenue, but operating expenses and an uncertain interest rate environment held it back from increasing outlooks.

AI and the global economy: implications for central banks - by Iñaki Aldasoro, Leonardo Gambacorta, Enisse Kharroubi, Matthias RottnerThe AI boom is driving a large, increasingly debt-financed investment surge and boosting trade and equity markets, generating sizeable terms-of-trade and wealth effects that differ across countries. The productivity payoff from AI, though potentially large, remains uncertain and uneven, across both sectors and countries. ...

What drives exchange rate pass-throughs? Evidence from a non-parametric method - by Emanuel Kohlscheen, Aaron MehrotraWe provide new evidence on the drivers of the pass-through of exchange rate movements into consumer prices across four decades and close to a hundred countries, combining econometrics and random forests. Random forests are particularly useful for modelling highly non-linear relationships, as well as for identifying the relative importance of the different th...

Dollarisation and monetary control: what lessons for the rise of stablecoins? - by Boris Hofmann, Aaron Mehrotra, Jan PaulickThe emergence of stablecoins has created a new channel to access US dollar liquidity in emerging market and developing economies (EMDEs), similar to the historical role of foreign currency deposits, or "deposit dollarisation". This has raised concerns about the possible implications for monetary control in EMDEs. Drawing on data on foreign currency d...

Federal Reserve issues FOMC statement - Federal Reserve issues FOMC statement

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

Press Release: The Farmers State Bank of Oakley, Kansas Assumes All Deposits of Small Business Bank, Lenexa, Kansas - PRESS RELEASE | JULY 17, 2026 The Farmers State Bank of Oakley, Kansas Assumes All Deposits of Small Business Bank, Lenexa, Kansas WASHINGTON — ...

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...