Precious Metals and Market News

Gold is having its best month since 1999. A former banker told me most people still aren't protected - (Kitco News) - Five up weeks. On pace for the best month since 1999. And at around $4,650, gold is still nowhere near the record it set in late January.

Gold edges higher as yields fall, silver slips on profit-taking - Kitco PM Report - (Kitco NewsWire) - Spot gold prices were slightly higher and spot silver prices were weaker in late U.S. trading Tuesday, as lower Treasury yields and softer U.S. economic data supported gold while profit-taking weighed on silver after its recent advance.

Natixis raises gold price target to $5,000 as U.S. debt and bond market fears mount - (Kitco News) - After a months-long correction, gold prices appear to be back on the path to $5,000 an ounce, according to one market analyst.

Gold remains a strategic hedge from underpriced inflation and policy risks - Société Générale - (Kitco News) - Renewed investor interest is providing new support for gold above $4,600 an ounce, and according to Société Générale, the precious metal will continue to play an important role in a diversified portfolio.

Gold price remains under pressure as U.S. new home sales fall 10.5% in July - (Kitco News) - The gold market continues to see modest selling pressure, the result of some profit-taking after testing resistance at $4,700 an ounce overnight; however, according to some analysts, the precious metal remains well supported as an important safe-haven asset as the U.S. housing sector continues to struggle.

Gold sees profit taking even as US consumer confidence drops 89.4 - (Kitco News) - The gold market continues to face modest selling pressure even as consumer confidence in the U.S. falls to its lowest level since the start of the year.

Gold slips from three-month high as Treasury buybacks, Iran risk frame trade - Kitco AM Report - (Kitco NewsWire) - Spot gold prices are modestly lower, while spot silver prices are seeing a deeper struggle in early U.S. trading on Tuesday, as a firmer U.S. dollar prompted some profit-taking after gold briefly approached the $4,700-an-ounce area overnight.

Gold rises, silver slips as fiscal-risk trade holds - Kitco PM Report - (Kitco NewsWire) - Spot gold  prices are higher and spot silver prices are slightly lower in late-afternoon U.S. trading Monday, as gold’s fiscal-risk bid held even as silver saw profit-taking after last week’s breakout.

BofA survey says gold is undervalued as bullish speculative interest picks up - (Kitco News) - For the third consecutive week, speculative investors increased their bullish bets on gold, in part due to growing uncertainty surrounding the sustainability of U.S. government debt, reigniting the debasement trade.

Economist who called the 2008 crash says the AI bubble has "less than a year to go" - (Kitco News) - Steve Keen has spent two decades telling anyone who'll listen that markets watch the wrong debt. This week he put a clock on it.

US-Canada Trade War Threatens Electricity Imports, Prices - US-Canada Trade War Threatens Electricity Imports, Prices By Robert Walton of UtilityDive An escalating trade war between the United States and Canada is once again threatening to ensnare the electric power sector at a time when consumers are already stretched thin. Canada is expected to announce retaliatory tariffs on U.S. goods Tuesday after President Donald Trump’s 50% tarif...

Oil Dumps As Iran, Oman Push To Reopen Hormuz; Satellite Image Shows Gulf Producers Ramping Up - Oil Dumps As Iran, Oman Push To Reopen Hormuz; Satellite Image Shows Gulf Producers Ramping Up Brent crude futures dropped for a third session as Iran and Oman advanced plans for a temporary maritime corridor through the Strait of Hormuz. Brent tumbled to $85 a barrel early Wednesday, down more than 9% for the week, while West Texas Intermediate traded around $80. Crude remains up...

Zelensky Continues To Oppose Wartime Democracy Amidst Escalated Election Demands - Zelensky Continues To Oppose Wartime Democracy Amidst Escalated Election Demands Authored by John Weeks via Antiwar.com, Ukrainian President Volodymyr Zelensky is facing mounting pressure to hold elections. The Ukrainian leader was elected to a five-year term in 2019, which expired in May 2024. Last week, Ukraine's former defense minister Mykhailo Fedorov publicly called for el...

CIA Director Held Covert Moscow Talks With Russian Intel Chiefs As Relations Sink Deeper Into "Crisis" - CIA Director Held Covert Moscow Talks With Russian Intel Chiefs As Relations Sink Deeper Into "Crisis" Summary:  CIA Director Ratcliffe Met With Senior Russian intelligence officials, Not Putin Kremlin spokesman Dmitry Peskov Says Meeting Focused On Repairing Bilateral US-Russia Relations In "Deep Crisis"  CIA Director Ratcliffe On USAF Cargo Jet Flight To Moscow US Air Force C...

Why Data Centers Favor On-Site Gas Power - Why Data Centers Favor On-Site Gas Power Most data center developers opting for on-site gas power say that they see it as a “bridge” solution until a grid connection is secured. Yet economics may favor keeping those assets running even after grid power becomes available. A recent BloombergNEF analysis shows the marginal cost of operating an on-site gas plant may be below industria...

When Paris Went Hungry Under Government Food Controls - When Paris Went Hungry Under Government Food Controls Authored by Daniel J. Smith via The Daily Economy, How does Paris get fed? Frédéric Bastiat famously explained in Economic Sophisms (1845) how market exchange reliably provisioned the (then) million people of Paris with agricultural produce from the countryside that they were able to enjoy "peaceful slumbers...not disturbed for...

ICE Begins Deporting Illegal Immigrants To Dangerous African Countries - ICE Begins Deporting Illegal Immigrants To Dangerous African Countries Imagine entering the US illegally and enjoying the fruits of the American economy for years, only to wake up one day in the darkest of Africa in a country known for cannibalism?  The strategy might be ugly, but it might also be ingenious.   Last year, illegal Cuban immigrant Yasmany Moreno de Armas was working ...

US Removes Syria, Including Al-Nusra Front, From Its List Of Terrorism Sponsors - US Removes Syria, Including Al-Nusra Front, From Its List Of Terrorism Sponsors Following a decade-and-a-half of a Washington-led full economic siege of the Syrian state, and after a fierce CIA-backed proxy war (Timber Sycamore) to oust Assad over that same period, this week has witnessed the huge milestone of the United States finally removing Syria from its state sponsors of terr...

Normal Brits Are Unwittingly Funding Pro-Illegal Migrant Charities - Normal Brits Are Unwittingly Funding Pro-Illegal Migrant Charities Authored by Steve Watson via Modernity News, Every week millions of ordinary Brits buy a National Lottery ticket hoping for a life-changing win. What most never realise is that a chunk of that money has been systematically channelled into pro-migrant activist charities that push open borders and far-left ideology. ...

Pitch For Defense Treaty And Moving US Military To Israel Is Insane - Pitch For Defense Treaty And Moving US Military To Israel Is Insane Authored by Jennifer Kavanagh via Responsible Statecraft, On August 18, Israel bombed a non-operational Syrian air base, reportedly to derail Turkish plans to deploy military forces to the installation. The move drew swift condemnation from the United States, which did not receive prior notification despite its gr...

I’m 56 with $1.4 million and want to retire in 5 years. Do I move to California, New York or overseas? - “How do I prepare for market drops or crashes just before or after retirement?”

‘It’s the ultimate regifting’: My mom gave me a house. Should I transfer it back to her to reduce capital gains? - “The property is very old and requires significant ongoing maintenance.”

Wall Street’s massive bet against long-term bonds is a recipe for a painful bearish unwind, says Citadel Securities - Citadel Securities’ strategist Frank Flight says a bet that appears to be one-sided against long-term bonds could be setting up for a painful unwind.

Does a 2% beneficiary inherit 100% if the 98% beneficiary dies in a car accident? Asking for a friend. - “I’m curious what would happen if the account owner were to die suddenly at the same time as the 98% beneficiary.”

Am I too old for Roth conversions? I’m 84 and my wife is 77. We have $8 million saved. - “We are reluctant to pay a financial adviser 2% of assets — roughly $160,000 per year.”

Two-thirds of parents don’t have this vital document they need in case of emergency - Here’s why most parents balk at this legal task.

Customers are fleeing TurboTax over price, and Intuit’s stock is sliding - Cost-conscious customers giving up on TurboTax sent Intuit shares sliding in early Wednesday trade.

‘The relationship quickly deteriorated’: My friend’s lawyer settled his injury case without his consent. What can he do? - “His former lawyer is now holding the settlement funds, maintaining that he is entitled to attorney’s fees.”

Japan got caught in the tech selloff. Now it’s time to buy the dip, says strategist. - A research firm says there are cyclical, fundamental and technical reason to buy Japanese stocks.

SAP stock slumps as UBS downgrades stock on ‘slow’ move into AI - SAP stock slumped on Wednesday, making it the worst-performing large-cap European stock, after a UBS analyst criticized the German database giant’s slow rollout of artificial-intelligence-based tools.

Iran and Oman prepare Hormuz deal as U.S. holds back on secondary sanctions - Iran and Oman are approaching a deal to secure safe transit through the Strait of Hormuz and future administration of the vital economic artery.

Mortgage rates hit highest level in 3 weeks, weakening demand further - Mortgage rates rose again last week causing demand for both refinances and purchase loans to drop. Rates climbed to their highest level in three weeks.

Amazon service Bezos once called 'artificial artificial intelligence' is shutting down - Mechanical Turk launched in 2005 as a way to farm out tasks that are easy for humans to complete but too challenging for computers.

Canada unveils retaliatory tariffs on about $20 billion of U.S. goods - Canadian trade negotiators left the U.S. last week after failing to clinch a trade deal that would stop President Donald Trump's new tariffs from taking effect.

Are investors backing the ‘wrong future’ in AI? Analyst sees unexpected winners — and bad news for hyperscalers - One investment strategist said local AI models could upend the data center boom — and named these potential winners from the fallout.

Stanley Druckenmiller leads doubters who think Bessent's bond ploys will fail - The bond market interventions have generated a modest decline in yields along with a growing chorus of derision.

China needs U.S. dollars but is building a hedge against Washington’s sanctions - The U.S. can pressure Chinese banks over Iran through access to its financial system, while Beijing is building alternatives such as CIPS.

Bessent could tap near $1 trillion Treasury General Account to fund bond buybacks, sources said - Using the TGA would provide the Treasury with considerable firepower to influence long-term bond yields.

'They asked too much': Canadian dollar slides as Ottawa and Washington head for all-out trade war - "As a smaller, more open economy, Canada has more to lose from this," ING strategists said Monday.

Singapore inflation hits highest in nearly two years, but undershoots expectations - Consumer prices rose 2.2% last month, compared with the 2.3% expected by economists polled by Reuters

China plans a gold-convertible renminbi to internationalize it - How a Chinese Gold Vault Network Could Bolster Yuan's Role Julie ZhangSouth China Morning Post, Hong KongTuesday, August 25, 2026 https://www.scmp.com/business/china-business/article/3365092/gold-strategy-why-chinese-global-network-vaults-would-bolster-yuans-trade-role China is building a global network of gold vaults and accelerating central bank reserve buying as part of efforts to promote th...

Ghana bars unrefined artisanal gold dore exports from September 1 - By Emmanuel BruceReutersTuesday, August 25, 2026 Ghana's GoldBod has ordered that artisanal gold dore purchased by self-financing aggregators for export must be refined ​locally from September 1, effectively banning exports of unrefined ‌dore under those arrangements, according to a statement. The directive is the latest step in GoldBod's tightening grip on Ghana's vast artisanal gold sector, m...

Fidelity fund doubles gold holdings on uncertainty over Fed - By Yihui XieBloomberg NewsMonday, August 24, 2026 A portfolio manager at Fidelity International Ltd. has doubled his fund's gold holdings over the past three weeks, citing increasing uncertainty over U.S. Federal Reserve policy as a catalyst. After raising the proportion of bullion in the fund to a self-imposed limit of 5%, George Efstathopoulos said he would consider lifting this ceiling shoul...

South Korea's central bank wanted more gold but ended up with shares of GLD instead - They haven't yet figured out that GLD is just unredeemable paper, easily revoked, seized, or frozen. * * * Why Is Bank of Korea Buying Gold Again? By Im Eun-byelKorea Herald, SeoulSunday, August 23, 2026 After more than a decade, the Bank of Korea is back on a gold-buying spree, raising its exposure to the precious metal as it joins central banks around the world in diversifying their foreign r...

Bessent's bond maneuvers give debasement trade new life - By Greg Ritchie, Denitsa Tsekova, and Isabelle LeeBloomberg Newsvia The Straits Times, SingaporeFriday, August 21, 2026 U.S. Treasury Secretary Scott Bessent's bid to tame U.S. borrowing costs knocked down long-term yields for barely a day. The more lasting market signal: The dollar weakened while gold and Bitcoin rallied, reinforcing a debasement trade fueled by swelling U.S. deficits and conc...

Credit Card Delinquencies, Payment Volume, Balances, Debt-to-Income, Credit Limits in Q2 2026: Americans and their Plastic - Credit cards are $4.3 trillion away from being “tapped out.”

Inventory of New Single-Family Homes Jumps, Prices Drop to Lowest since 2021, Sales Sag - Inventory for sale rose in all regions, was near all-time highs in the South, spiked in the Midwest to the highest since 2008.

That Was Quick: Bessent Issues Hocus-Pocus 3 via CNBC: May “Tap” Treasury General Account to Fund Treasury Buybacks - Buybacks have to be funded with new issuance. All Bessent can do is delay it. That’ll increase the risks of the coming Debt Ceiling.

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 ...

What Is A "Legal Tender Law"? And, Is It A Problem? - What is a legal tender law? Over the years, there has been some discussion about “legal tender laws” in the United States. I talked to a legal expert about it, and discovered – as I suspected – that ...

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 ...

Floridians could soon be able to use gold and silver to pay for things - You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Gov. Ron DeSantis signed a bill on Tuesday that would recognize gold and silver as legal tender in the ...

ECB claims digital euro will offer 'maximum level of privacy' amid surveillance fears - Central bank officials say the Eurosystem will be structurally unable to link users to purchases, but civil society groups remain skeptical.

The 3 catalysts that could define bitcoin's next move - Your day-ahead look for Aug. 26, 2026

Bitcoin takes a breather after adding 23% in 7 days as ETF demand holds steady - The price of bitcoin fell to $79,000 on Wednesday after gaining 23% in seven days as August ETF inflows climbed above $3 billion.

Strategy cuts net leverage to near zero as cash nearly matches convertible debt - The bitcoin treasury company has built nearly four years of preferred-dividend coverage while continuing to repurchase STRC below par.

Euro stablecoins get a mainstream push as Revolut begins rolling out EURR in Europe - Revolut said the stablecoin’s rollout will start with a select group of customers within Denmark, Poland, and Portugal.

Japan to start stocks and bonds tokenization development plans this year - Japan's regulators are racing to modernize national settlement systems to prevent institutional investors and foreign capital from fleeing to overseas markets.

Live updates: Zcash pulls back 8% as its Grayscale ETF goes live, capping a 60% rally - The privacy coin's spot ETF began NYSE trading Tuesday, which was one of the catalysts behind its surge to an eight-year high. Now traders are selling the news, with leverage stacked into the move.

A massive $6.4 billion bitcoin options expiry on Friday could amplify volatility - Friday’s expiry follows bitcoin’s surge from $62,000 to $80,000, leaving market makers with increased exposure to manage around several key strike prices.

BlackRock cuts bitcoin ETF swap minimum to $1 million: Report - ETF issuers are lowering the barrier for bitcoin whales to trade self-custody for ETF shares.

XRP’s 44% rally brings leverage back, raising risk of sharper pullback - CryptoQuant data show XRP’s estimated leverage ratio on Binance at its highest since January, with long accounts outnumbering shorts as futures volume runs more than five times spot trading.

Cryptoquant’s Bitcoin’s Bull Score Jumps to 80, but $83,000 Is the Real Test - Bitcoin’s Bull Score, a Cryptoquant gauge of market health, jumped from 30 to 80 in a single week as bitcoin rallied to $81,000, though the firm says a weekly close above $83,000 is still needed to confirm a new bull market. The Fastest Bull Score Flip in a Year Cryptoquant’s Bull Score, an index the […]

Hyperliquid’s AQAv2 Is Turning USDC Yield Into HYPE Buybacks - Hyperliquid officially activated “AQAv2” today. The mechanism is designed to route yield from billions in USDC reserves into automatic buybacks and burns of its HYPE token, with Circle and Coinbase running the plumbing behind it. What AQAv2 Does Hyperliquid’s validators approved the AQAv2, or “Aligned Quote Asset v2,” framework with 69.08% support. It extends an […]

Circle Mints 5 Billion USDC in a Week as Supply Race With Tether Heats up - Circle minted roughly 5 billion USDC over the past week, according to onchain trackers, in one of its largest weekly issuance pushes yet. A Record Week for Fresh Supply Onchain analytics platform Solscan revealed the roughly 5 billion USDC mint earlier today, with analysts noting that the issuance is just one of many billion-dollar mints […]

Iran’s Rial Crashes to a Record Low as New Sanctions Target Its Bitcoin Mining Lifeline - Iran’s rial collapsed to a record low this week just as President Trump’s new sanctions package named digital assets as a target for the first time, threatening the IRGC’s billion-dollar bitcoin mining workaround. A Record-Low Rial and a New Sanctions Wave Iran’s open-market exchange rate slid to roughly 2.02 million rials per dollar earlier this […]

Tron Now Settles Over Half of All Circulating USDT - Tron’s account count crossed 400 million this week, doubling in under three years and cementing the network’s role as the backbone of global USDT settlement. A Six-Year Climb to 400 Million As a quick refresher, Tron’s genesis block launched in June 2018, and it took the network four years to reach its first 100 million […]

Today in Supreme Court History: August 26, 1964 - 8/26/1964: Lyndon B. Johnson nominated as Democratic candidate for president. He would make two appointments to the Supreme Court: Justices… The post Today in Supreme Court History: August 26, 1964 appeared first on Reason.com.

Surveillance Camera Saboteurs Are Getting Government Officials' Attention - Sometimes direct action is the only way to get politicians to consider civil liberties.

Brickbat: Swing and a Miss - Police officials in Manchester, England, said officers did nothing wrong when they arrested a man carrying a baseball bat in the… The post Brickbat: Swing and a Miss appeared first on Reason.com.

Open Thread - What’s on your mind?

A Wall Of Separation Between LGB and T - The Log Cabin Republicans will no longer advocate for transgender issues.

Brendan Carr's Vendetta Against ABC Conflates the 'Public Interest' With Trump's Personal Grievances - The FCC chairman is punishing the network for news coverage and programming decisions that offend the president.

Oklahoma Attorney General Responsible For Two Terrible Supreme Court Decisions Loses Gubernatorial Primary - I'd like to think Drummond lost because of St. Isidore's and Glossip.

How Much Will Andy Burnham's 'No. 10 North' Cost British Taxpayers? - Taxpayers have already paid $14,300 for branding the new office—and more than $1,300 for moving a replica Downing Street door to Manchester, according to a Freedom of Information request.

California Bill Would Cap Rents During U.S.-Involved War - The war in Iran is causing California lawmakers to consider wider price controls.

"Counsel Took Full Responsibility for His Mistakes, Was Not Evasive, and Prioritized Candor to the Court and Opposing Counsel" - From Judge Jennifer Choe-Groves (Ct. of Int'l Trade) Thursday in Disruptive Resources, LLC v. Ballistic Barrier Prods. Inc. (D. Del.):… The post "Counsel Took Full Responsibility for His Mistakes, Was Not Evasive, and Prioritized Candor to the Court and Opposing Counsel" 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.

The Welfare Trap: Benjamin Franklin’s Forgotten Warning - Politicians tell us that welfare programs are absolutely necessary - and helpful. But they ignore the fatal trap that Benjamin Franklin uncovered over 250 years ago: The more you subsidize something, the more you get - government welfare programs make things worse. The post The Welfare Trap: Benjamin Franklin’s Forgotten Warning appeared first on Tenth Amendment Center.

The 17th Amendment Broke the Founders Kill Switch - 1913 was a really bad year. And one of the biggest changes came from the 17th Amendment. It didn’t just alter the way federal senators are chosen, it actually broke a process the framers built into the system: A constitutional KILL SWITCH to end the federal government. On this episode, it’s the “absolute safeguard” - the lost nuclear option for the states that the government-run schools never t...

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

EFF and Civil Society Groups Call on Nottinghamshire Police to Halt Live Face Recognition - This week, EFF, along with Big Brother Watch, Defend Digital Me, Liberty, Open Rights Group, Race Equality First, Statewatch, and Stopwatch, wrote to Nottinghamshire Police Force in the UK raising concern about the proposed roll-out of live facial recognition technology (LFR), and called for its immediate halt. In particular, the letter highlights six concerns: LFR Is Not "Just Another Tool" No...

Intermediary Liability in Brazil: The Intricate Path Ahead - Brazil's new internet intermediary liability regime is underway. The implementation of changes established by the Supreme Court includes notice and takedown mechanisms and duty of care obligations. Caution is crucial as these measures can create problematic incentives for enforcement overreach and over censorship of protected speech.   The court in June issued a new decision clarifying elements...

Some Tech Companies Have Privately Pushed Back on ICE Subpoenas. They Should All Do More. - In a handful of known cases, large social media companies have privately pushed back against Immigration and Customs Enforcement (ICE) subpoenas when the agency tried to unmask anonymous users who tracked immigration activities or criticized the government. As ICE engages in a pattern of illegal and chilling investigations, any resistance is welcome. But social media companies can do more. When...

Victory! Humboldt County Settles Landmark Lawsuit, Ending Ruinous Fine System That Punished Innocent California Homeowners - Five Humboldt County property owners, represented by the Institute for Justice (IJ), have reached a settlement with Humboldt County that dismantles the code-enforcement system the […] The post Victory! Humboldt County Settles Landmark Lawsuit, Ending Ruinous Fine System That Punished Innocent California Homeowners appeared first on Institute for Justice.

14 States; Civil Rights, Education, and Religious Groups; and Leading Scholar Urge Supreme Court to Grant Special Education Petition - WASHINGTON— Yesterday, a broad coalition of amici—including a 14-state coalition led by South Carolina and West Virginia, ExcelinEd, the Alliance Defending Freedom, and the New […] The post 14 States; Civil Rights, Education, and Religious Groups; and Leading Scholar Urge Supreme Court to Grant Special Education Petition appeared first on Institute for Justice.

Institute for Justice Calls Flock Safety’s Proposed Reforms ‘Window Dressing’ - ARLINGTON, Va.—Today, the Institute for Justice (IJ) released a statement responding to suggested “reforms” announced by automated license plate reader (ALPR) provider Flock Safety.  “This […] The post Institute for Justice Calls Flock Safety’s Proposed Reforms ‘Window Dressing’ appeared first on Institute for Justice.

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 ...

PA: Legalize Suppressors - Let’s Eliminate Suppressor and SBS Restrictions in Pennsylvania Pennsylvanians should NEVER be treated like criminals for exercising their constitutionally-protected rights. Yet under Pennsylvania’s archaic Title 18, Section 908, law-abiding citizens face state criminal charges simply for possessing suppressors (hearing protection) and short-barreled shotguns (SBSs)—tools that are widely owned ...

NFA Victory FAQ: What Gun Owners Need to Know - On August 5, 2026, a federal judge in Texas ruled that the National Firearms Act’s registration requirements are unconstitutional for certain firearms whose NFA tax has been reduced to $0. This ruling was thanks to GOA’s historic “One Big Beautiful Lawsuit.”  Since then, we’ve received thousands of questions about what the ruling means for gun owners. Here are the answers we have right now to s...

THIS WEEK: Here’s Where Things Stand! - THIS WEEK IN GUN RIGHTS! At GOA, we’ve been hard at work fighting for your Second Amendment rights, here’s a recap of the things you should know… A federal judge ruled the registration requirements on short, barreled firearms and suppressors are unconstitutional. DOJ had a week to appeal the stay and let it pass. On midnight, when the stay expired, two … Read more

Valley National Bank to acquire Chicago-area lender for $247M - Acquiring Providence Bank & Trust would give the $66 billion-asset regional bank a branch footprint in a market where it operates a single commercial office.

Truist doubles down on wealth-transfer opportunity - The Charlotte, North Carolina-based bank pinpoints mass-affluent customers, hiring more advisers at its “premier” level and seeing the segment as a feeder to wealth management.

Citi reports sustainable finance progress, sets new 2030 goals - The bank said it had committed $647.2 billion to sustainable financing since 2020, with CEO Jane Fraser noting its clients see resilience as a “competitive necessity.”

SEC charges 2 former investment bankers with insider trading - The regulator charged an ex-Bank of America banker with insider trading for allegedly alerting a friend to a pending deal, resulting in an $18.5 ‌million windfall for the friend, who was also charged.

Brazil’s Itaú gets OCC’s conditional approval for US charter - Latin America’s largest bank will target high- and ultra-high-net-worth individuals with deposit accounts, mortgages and credit cards, and operate through a single Miami-based branch, the regulator said.

Indebted Americans need help, not restrictions on settlement services - Legislation that would place new rules on organizations that help consumers reduce their debt burden should not exempt services that have historically favored the priorities of lenders over debtors.

How Google and Apple's youth plays are pressuring banks - As the big tech firms step up their financial services outreach to the next generation, payment professionals say banks shouldn't be complacent about cultivating younger customers because they'll lose them.

Why Edward Jones is finally chasing next-gen investors with a hybrid robo - With its Digital Managed Solutions robo advisory service, Edward Jones is moving into territory already occupied by Fidelity and Vanguard. But it's building the offering on one of its greatest strengths: its network of branch advisors.

Florida's wealth boom spurs Orlando bank to start trust unit - Cogent Bank has tapped an industry veteran to lead a new unit focused on ensuring high-net-worth clients can smoothly transfer assets to their heirs.

Why Municipal Credit Union is developing its own chatbot - The New York City-based credit union is planning to roll out the technology as more consumers turn to large language models to help manage their finances and hopes it will eventually provide more insight into its members.

Supervisory screening with large language models: finding divergences - by Fernando Perez-Cruz, Kumar Rishabh, Ayush Uchil

Settlement liquidity in the Colombian large-value payment system: the role of reserve requirements - by Freddy Cepeda-Lopéz, Fredy Gamboa, Javier Miguelez-MárquezThis paper analyzes the intraday timing of transactions in Colombia's large-value payment system (CUD) from 2018 to 2025, focusing on how changes in reserve requirements affect liquidity management by financial institutions. Using high-frequency transaction data, we document that reductions in reserve requirements in April 2020 and Se...

Hard to shift, easy to reshape: central bank reserve demand and frictions - by Mathias Drehmann, Xuewen FuHow far can central banks shrink their balance sheets? The answer sets the limits to quantitative tightening (QT), and depends critically on the demand for reserves and whether the drivers widely thought to have increased it over the past decade actually do so. We assess the impact of three such drivers: post-crisis liquidity regulation, monetization frictions, and...

Minutes of the Board's discount rate meetings on July 20 and July 29, 2026 - Minutes of the Board's discount rate meetings on July 20 and July 29, 2026

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

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

Press Release: FDIC-Insured Institutions Reported Return on Assets of 1.37 Percent and Net Income of $90.1 Billion in Second Quarter 2026 - PRESS RELEASE | AUGUST 25, 2026 FDIC-Insured Institutions Reported Return on Assets of 1.37 Percent and Net Income of $90.1 Billion in Second Quarter 2026 ...

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