Precious Metals and Market News

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.

Spot gold slides to session low $3.999/oz after Philly Fed survey rises to 41.4 in July - (Kitco News) – Gold prices are selling off on Thursday morning after the Philadelphia Federal Reserve's manufacturing sector survey improved beyond expectations this month.The regional central bank said its manufacturing business outlook for July came in at 41.4 after a reading of 10.3 in June. The data was far better than expected, as economists were looking for a reading of 13.0 this mon...

SpaceX Starship Flight 13 Launch Scrubbed At The Last Second - SpaceX Starship Flight 13 Launch Scrubbed At The Last Second Update (1900ET): SpaceX scrubbed their 13th test flight on Thursday right as the countdown clock reached zero.  Noooo! Abort triggered after 4 of the centre engines failed to ignite at start-up...as seen in the Booster engine graphic, bottom left of screen. Video straight off the @SpaceX stream. pic.twitter.com/nZ65wfuQ...

Biden's Memoir Given Post-Midterm Release, But Will It Hurt Democrats Anyway? - Biden's Memoir Given Post-Midterm Release, But Will It Hurt Democrats Anyway? Joe Biden's publisher has picked a release date for his memoir, Promise Me, America, and the timing may reflect how little the party wants to talk about him before November. Biden previously indicated during one of his wife Jill Biden's book events last month that his memoir would be released in Septem...

Canadian Woman Detained By ICE For Attacking Teens Wearing Trump Pants - Canadian Woman Detained By ICE For Attacking Teens Wearing Trump Pants A defining character trait of the average leftist is the complete lack of emotional impulse control (often a sign of bad parenting and a low IQ).  Rarely if ever do we see news stories about conservatives and Trump supporters being arrested for "crashing out" and violently attacking random progressives on the st...

What To Know About Iran's Pickaxe Mountain - What To Know About Iran's Pickaxe Mountain Authord by the Institute for Science and International Safety (view PDF) On July 13, President Trump made it clear that the nuclear-related Pickaxe mountain facility is on the U.S. target list. In an interview on the Hugh Hewitt show, the President stated, “We have eyes on it and Pickaxe mountain is a possible target for a nice big fat s...

Canada's Wildfire Management Failures Choke Millions Of Americans With Toxic Smoke - Canada's Wildfire Management Failures Choke Millions Of Americans With Toxic Smoke Canada's wildfire management policies are once again falling short, as toxic smoke plumes blanket much of the northeastern US and drive air pollution to dangerously high levels.  Another wave of dense wildfire smoke is forecast to reach New York and New England on Thursday afternoon and evening be...

Netflix & Spill: Streamer Smashed To 2 Year Low After Forecast Misses Across The Board - Netflix & Spill: Streamer Smashed To 2 Year Low After Forecast Misses Across The Board It has been a brutal year for NFLX longs, who have seen their favorite stock slide in a straight line since last summer, erasing almost 50% from the July 2025 all time high of $134. And unfortunately for them, it appears this brutality isn't going to end any time soon after the company mangled it...

The Odyssey Hullabaloo - The Odyssey Hullabaloo Authored by Victor Davis Hanson via American Greatness, Acclaimed British filmmaker Christopher Nolan's (The Dark Knight, Oppenheimer) newest film, The Odyssey, opens this week in the United States. But controversy has already surrounded Nolan's adaptation of Homer's 2,700-year-old epic poem about Odysseus's 10-year struggle to return home after the Achai...

American Naval Academy Cadets Prepare For War With Stoic Philosophy - American Naval Academy Cadets Prepare For War With Stoic Philosophy Authored by Ret Admiral Cem Gürdeniz via Mavi Vatan Geopolitics, The United States Naval Academy at Annapolis, which has trained officers for the U.S. Navy since 1845, reports directly to the Chief of Naval Operations (CNO). There is no separate Naval Education and Training Command within its chain of command. Tod...

Iran Tells Houthis To Close Red Sea Energy Chokepoint If Trump Bombs Power Grid - Iran Tells Houthis To Close Red Sea Energy Chokepoint If Trump Bombs Power Grid Yemen's Houthis have long warned of their ability to close the Red Sea oil route, but have by and large stayed on the sidelines of the expanding Gulf regional conflict which is focused on Iran since Operation Epic Fury began. Things began changing dramatically this month, however, after Saudi warplane ...

US Launches 6th Consecutive Night Of Strikes On Iran Amid Threats Of "Infrastructure For Infrastructure" War - US Launches 6th Consecutive Night Of Strikes On Iran Amid Threats Of "Infrastructure For Infrastructure" War Update(1520ET): The Pentagon has announced that a sixth night of airstrikes on Iran have commenced: "At 2 p.m. ET today, U.S. forces began conducting a new wave of strikes against Iran for the sixth consecutive night to further degrade Iranian military capabilities," US Cent...

As SpaceX’s stock notches first close below IPO price, the company is gearing up for a crucial launch - The megarocket’s success is SpaceX’s “single most important watch item,” one analyst says.

Netflix is getting stingier about its viewing data, and Wall Street isn’t happy - Netflix’s stock is falling in the wake of mixed earnings and a new plan to cut back on the publication of ‘What We Watched’ reports.

‘It’s heartbreaking’: My brother claimed Social Security at 70. He died from cancer after one payment. Why wait to claim? - “I’ve always been a little skeptical of the government’s encouragement to delay claiming benefits.”

He backed Tesla and SpaceX before anyone else — here is the ‘impossible’ bet Tim Draper is making now - Veteran venture capitalist weighs in on the AI bubble and four huge opportunities he missed.

Alphabet’s stock falls as Gemini delays suggest Google is struggling to keep up in the AI race - Alphabet shares fell more than 4% on Thursday, reflecting concerns that the Google parent company is falling further behind in the artificial-intelligence race.

You are missing the bond deal of the decade — and it is guaranteed to beat inflation - TIPS are offering a rare gift — and it is time to lock in a generous payout.

‘They are relentless’: A scammer is trying to change the email on my empty Robinhood account. What do they have to gain? - “I’ve just been ignoring their attempts.”

Semiconductor stocks are on the verge of a bear market. Is the thrill in the chips trade gone? - The PHLX Semiconductor Index hit a record high in late June and has since tumbled nearly 20%

10 U.S. metro areas where builders are slashing prices on new homes - Existing-home prices just hit a new record high — but there are plenty of newly built homes selling at a discount, as desperate builders cut prices.

I’m 67 with a $140,000 pension. Should I wait until 70 to claim Social Security so my wife gets more? - “When I pass, all my retirement income is reduced to $30,000 a year.”

Trump is set to deliver an election-focused national address tonight. Here's what to know - "Without free and fair elections, you don't have a country," Trump said this week when asked to preview the speech.

Netflix stock falls as earnings forecast disappoints, company says it will give fewer engagement updates - The streaming giant said it would cut back on the frequency of its "What We Watched" reports, which provide a picture of engagement.

Microsoft's Nadella rips Anthropic's Fable restrictions in staff meeting: 'Doesn't make sense' - Microsoft enjoys close ties to Anthropic, but it's also working to help companies refine models that keep their data private.

Oil pipelines around the Strait of Hormuz won't end the threat Iran poses to Middle East crude exports - Oil producers are building or contemplating new pipeline projects to bypass the Strait of Hormuz, but this infrastructure is still vulnerable, analysts said.

Here's why the housing market is hurting so much this summer - Mortgage rates are high, home prices at record levels, and consumers stressed — all contributing to a drop in existing home sales and builder sentiment.

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.

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...

Vault and Genesis merging to create Australia's third-largest gold producer - By Nikita Maria JinoReutersMonday, July 13, 2026 Genesis Minerals has agreed to acquire smaller peer Vault ‌Minerals in a deal that would create Australia's third-largest gold producer with a market capitalisation of around A$12.6 billion ($8.71 billion). ... Dispatch continues below ... ... ADVERTISEMENT ... Guanajuato Silver Is Reactivating Silver and Gold Mines in Mexico Guanajuato Silver i...

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.

$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.

Citadel Securities invests $400 million in Crypto.com, valuing exchange at $20 billion - The exchange's first institutional funding round values it at $20 billion and will fund expansion into tokenized securities and derivatives.

Stripe’s $53 billion PayPal bid is a high-stakes play to own the future of digital payments - If Stripe acquires PayPal, the real prize could be consumer wallets, stablecoin issuance or the infrastructure powering the next generation of digital payments.

Visa backs Open USD with new stablecoin platform as Circle faces fresh competition - Visa launched a stablecoin platform that lets banks and fintechs issue, manage and settle digital dollars through its payments network.

Keyrock acquires BlockFills trading assets to expand institutional crypto business - The deal adds institutional trading clients, derivatives expertise and regulatory licenses as Keyrock looks to deepen its presence in crypto capital markets.

The Clarity Act is the most important consumer protection effort in years - Consumers should not have to wait for another crisis to get the protections they deserve, argues Summer Mersinger, CEO of the Blockchain Association.

Crypto for Advisors: Strengthening defenses against AI fraud - Strengthening defenses against AI fraud

Crypto brokerage firm Alpaca raises $135 million for tokenized stock infrastructure - The company has previously cleared or held in custody roughly 94% of tokenized U.S. equities and now holds over $1.5 billion in underlying stocks.

Ledger wants AI agents to manage crypto without holding your keys - AI agents can read wallet balances and analyze portfolios but requires every sensitive action to be approved on a Ledger hardware device before it can be executed.

Galaxy targets institutional stablecoin yield with new DeFi vaults - The crypto financial services firm launched Galaxy Curator, a Morpho-based platform that gives Fireblocks' 2,400 institutional clients access to onchain yield strategies.

Bitpay Wins MiCA Approval as Europe Builds a Unified Crypto Payment Market - Bitpay has secured authorization under the European Union’s Markets in Crypto-Assets Regulation, giving its Dutch subsidiary a regulatory base to expand cryptocurrency and stablecoin payment services across the bloc. The Dutch Authority for the Financial Markets authorized Bitpay B.V. as a crypto-asset service provider, or CASP, the company announced Thursday. The approval covers regulated cryp...

US Lawmakers Propose Facial Age Verification Across Online Betting Markets - A bipartisan group of U.S. lawmakers wants online sportsbooks and prediction markets to scan users’ faces to estimate their age before allowing them to bet or trade. The proposal promises not to retain identities or biometric information, but its full text has not yet been published, leaving enforcement, accuracy and appeal requirements unclear. Proposal calls […]

France’s World Cup Exit Erases Sportsbook Liability as Prediction Volume Surges - France’s 2-0 semifinal defeat to Spain eliminated one of the most heavily backed teams on U.S. sportsbooks, wiping out major outright and player-prop liabilities. The result also closed France’s positions across multibillion-dollar World Cup prediction markets, although exchanges do not profit from an upset in the same way as traditional bookmakers. Prediction markets logged billions […]

Blackrock Ignites Crypto ETF Comeback as Bitcoin, Ether Flows Turn Green - Crypto ETF flows stayed constructive on Wednesday, July 15, as bitcoin ETFs added $107.80 million and ether ETFs brought in $53.83 million, with no outflows recorded across either group. HYPE ETFs Add $2.1 Million as ETF Flows Turn Positive The recovery in crypto ETFs did not arrive with fireworks. It arrived with consistency. For a […]

2027 Zano Overhaul Could Cut Confirmations to 60 Seconds With Zenith - Zano is preparing to replace its hybrid proof-of-work and proof-of-stake system with Zenith, a privacy-preserving pure proof-of-stake protocol promising 15-second blocks, faster confirmations, and lower token issuance. Zano Targets 2027 for a Major Consensus Shift The privacy-focused blockchain announced that Zenith is now in implementation, with a network transition planned for 2027, subject t...

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.

Congress Wants To Keep Funding a Pentagon That Won't Account for Its Spending - The only federal agency that has never passed an audit could soon get another $60 billion, even as it buries reports on the spiraling costs of its programs.

Abdul El-Sayed's Supporters Are Elites Too - Who would have guessed?

Journal of Free Speech Law: "Policing Expressive Governance: A Framework for Judicial Review of Executive Viewpoint Retaliation," by Simona Grossi - The article is here; here's the Introduction: The gravest contemporary threats to expressive freedom do not always take the form of… The post Journal of Free Speech Law: "Policing Expressive Governance: A Framework for Judicial Review of Executive Viewpoint Retaliation," by Simona Grossi appeared first on Reason.com.

Trump Media's Lawsuit Against Wash. Post Over "Trust Linked to Porn-Friendly Bank Could Gain a Stake in Trump's Truth Social" Thrown Out - The court concluded that there wasn't enough evidence that the Post's statement (which the Post later retracted) was said with "actual malice," which is to say knowledge or recklessness about its falsehood.

Todd Blanche Describes the Huge, Unprecedented Favors Granted by Trump's IRS 'Settlement' as 'Typical' - During his confirmation hearing, the attorney general nominee repeatedly misrepresented the nature and scope of the sweeping immunity deal he approved.

America Has a Huge Trade Surplus With Brazil. Trump Just Put 25 Percent Tariffs on Brazilian Goods Anyway. - It's almost like there is no real underlying principle guiding the Trump administration's tariff policies.

Drugs Keep Winning in the Global War on Drugs - The United Nations’ latest World Drug Report makes that very clear.

A 22 Percent Social Security Cut Is Coming. Will the Senate Act? - Once the trust fund is empty, Social Security can pay out only what it collects. Yet few candidates are talking about this in any serious way.

As the Strategic Petroleum Reserve Hits a 40-Year Low, It's Time To Scrap It - Presidents have repeatedly used the SPR to manipulate markets and shield consumers from the consequences of bad policies.

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.”

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.

Citizens to exit in-store branches, build standalones nearby - The regional bank revealed plans Thursday to close most of its supermarket-based branches and replace about half of them with new, nearby standalone branches. The multiyear transition could attract $20 billion to $30 billion in low-cost deposits, executives said.

Regulators tighten handling of sensitive exam data - The bank regulators say they will limit the sending and storage of highly sensitive supervisory information, including by using alternatives such as on-site reviews and requiring notifying banks of data compromises within 72 hours.

State Street touts selection by Treasury, $1B cost-cut plan - State Street executives said Thursday that one of its investment funds was selected as the default investment option for "Trump accounts."

What Barclays gets from its Frontier Airlines extension - The U.K.-based bank renewed its longest tenured co-brand program, which has been running for more than 20 years, for another decade. The renewal will help the bank expand its consumer banking portfolio.

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 —...