Kitco News
Wall Street on the brink of bearish majority after gold’s post-payrolls slide, Main Street abandons bullish bias as metals test support -
(Kitco News) – Gold prices fell sharply this week as early pressure from rising Treasury yields, a stronger U.S. dollar, and renewed Fed rate-hike expectations overwhelmed safe-haven demand, and even Friday’s weak payrolls report couldn’t deliver a sustainable boost.
IMF says bond markets are ‘orderly,’ but gold’s resilience says something else -
(Kitco News) - If rising bond yields around the world aren’t really a problem, why is the International Monetary Fund talking about them?
Metals give back jobs-report bounce as oil, yields stay elevated - Kitco PM Report -
(Kitco NewsWire) – Spot gold and silver prices were lower in late U.S. trading Friday, as a weaker-than-expected U.S. payrolls report cut October Fed-hike odds but failed to break the broader pressure from elevated Treasury yields, a firm dollar and lingering oil-market risk. At the time of writing, spot gold was trading near $4,142.00 an ounce, down 0.83% on the session, while spot silver...
Gold bulls disappointed as weak jobs report fails to spark rally, $4,000 support looms -
(Kitco News) - Early morning optimism turned into disappointment among gold investors, as prices were unable to hold on to their initial gains following weak U.S. employment data.
Gold’s resilience supports strong outlook, silver faces oversupply, copper could be the big gainer – Deutsche Bank’s Ghali -
(Kitco News) – Gold is performing remarkably well despite the high-yield environment, and while the silver market has likely tipped into oversupply, the biggest potential gains in the metals complex are likely to be found in copper, according to Daniel Ghali, head of metals research at Deutsche Bank.
Gold, silver rise as weak payrolls cut Fed-hike odds - Kitco AM Report -
(Kitco NewsWire) – Spot gold and silver prices are firmer in early U.S. trading Friday, as a weaker-than-expected U.S. employment report pulled Treasury yields lower, trimmed October Fed-hike expectations and added to safe-haven demand while Strait of Hormuz risk kept energy inflation in view. At the time of writing, spot gold was trading near $4,216.80 an ounce, up 0.96%, while spot silver was...
Gold prices see sold bid as U.S. economy created 29k jobs in September -
(Kitco News) - The gold market is seeing solid bullish momentum on renewed safe-haven demand as the U.S. labor market saw significantly slower growth in September.
Washington will inflate away its $40 trillion debt, and gold is how you fight back - Jim Rickards -
(Kitco News) - With the 10-year Treasury yield at a 2002 high, the author of "Currency Wars" says inflation, not repayment, is how the debt gets handled, and he thinks gold has already shown savers where to hide.
Gold holds firm despite elevated yields as Fed bets soften - Kitco PM Report -
(Kitco NewsWire) – Spot gold and silver prices were firmer in late U.S. trading Thursday, as bullion found support from easing October Federal Reserve rate-hike expectations while elevated Treasury yields and a firm U.S. dollar continued to limit upside.
Gold’s selloff creates a tactical buying opportunity, but Carley Garner says she’s still bearish at $4,500 -
(Kitco News) - Gold investors battered by the latest selloff could see some relief through October, as one market strategist sees an opportunity for a tactical bullish trade even though she remains bearish on the precious metal’s longer-term outlook.
Zero Hedge
Trump's Diesel Threat Worked: G7 Dumps 100 Million Barrels As Europe's Energy Dependence Laid Bare -
Trump's Diesel Threat Worked: G7 Dumps 100 Million Barrels As Europe's Energy Dependence Laid Bare
Submitted by Thomas Kolbe
In the end, Donald Trump’s threat to prohibit diesel exports apparently proved credible after all.
Faced with rapidly rising prices at the pump and an emerging acute shortage of middle distillates, from diesel and heating oil to aviation kerosene, the G7 he...
How Crowded Has Mount Everest Become? -
How Crowded Has Mount Everest Become?
Mount Everest is seeing more human traffic than at any point in the last three decades of available data, according to Visual Capitalist's Sofie Gilbert.
Successful climbs are now overwhelmingly concentrated in the spring, when favorable weather can funnel hundreds of climbers toward the summit within a matter of days. Meanwhile, the workforce...
UK Taxpayers (Unknowingly) Funding Free Hijabs For Illegal Immigrants -
UK Taxpayers (Unknowingly) Funding Free Hijabs For Illegal Immigrants
Authored by Steve Watson via Modernity.news,
The British government has been handing out thousands of hijabs to illegal migrants washing up on the shores of the country in boats, while Home Office staff have been spending time in Calais cooking meals for them.
Internal figures show 974 hijabs issued to small-...
What Are Russia's Top Three Strategic Challenges? -
What Are Russia's Top Three Strategic Challenges?
Authored by Andrew Korybko via Substack,
The new "cordon sanitaire" that Trump 2.0 assembled around Russia, the difficulty in maintaining its Sino-Indo balancing act, and the broken feedback loops that afflict its Foreign Ministry are the main strategic risks that must be urgently addressed in order to most effectively ensure Russi...
US Navy Super Hornet "Sub Buster" Marking Hints At Iranian Submarine Kill -
US Navy Super Hornet "Sub Buster" Marking Hints At Iranian Submarine Kill
Military aviation and defense news website The Aviationist reports that a US Navy F/A-18F Super Hornet returned from Operation Epic Fury carrying a "Sub Buster" marking, raising the possibility that a carrier-based fighter jet was credited with an Iranian submarine kill.
Photographs taken by Jeff Rojas and...
Trump Admin Proposes Rules For 1st National School Choice Program -
Trump Admin Proposes Rules For 1st National School Choice Program
Authored by Naveen Athrappully via The Epoch Times,
The Department of the Treasury and the IRS have proposed regulations to implement a new educational scholarship tax credit program that expands school choice options for parents and students.
New students tour Nora Sterry Elementary School in Los Angeles on Jan. 1...
Chinese Pig Farmers Report Suspected Swine Fever Outbreaks As Prices Fall -
Chinese Pig Farmers Report Suspected Swine Fever Outbreaks As Prices Fall
Authored by Michael Zhuang via The Epoch Times,
Pig farmers in several parts of China are reporting suspected outbreaks of African swine fever that they say have killed large numbers of pigs and forced some farms to clear their herds, adding pressure on small producers already struggling with falling prices ...
Trump Taps Intelligence Chief Jay Clayton As AI Czar, Brushing Off Calls To Slow Down -
Trump Taps Intelligence Chief Jay Clayton As AI Czar, Brushing Off Calls To Slow Down
President Trump on Sunday named Director of National Intelligence Jay Clayton the White House's AI czar. Clayton will hold both jobs, keeping the DNI post while spearheading the administration's AI strategy.
Trump announced the move on Truth Social, saying the new "Super Intelligence Force" wil...
"Deeply Flawed": Biggest US Grid Scraps Emergency Data Center Power Auction One Day After FERC Smackdown -
"Deeply Flawed": Biggest US Grid Scraps Emergency Data Center Power Auction One Day After FERC Smackdown
We have been documenting the slow-motion collision between the AI capex fantasy and the laws of physics since late 2025, when we noted that some of Oracle's OpenAI data centers were being pushed back to 2028 (Dec 12, 2025). Since then the delays have gone from anecdote to trend:...
Trump Calls On Senate To Pass Bill Making Daylight Saving Time Permanent -
Trump Calls On Senate To Pass Bill Making Daylight Saving Time Permanent
Authored by Jack Phillips via The Epoch Times,
President Donald Trump on Friday morning urged Senate Republicans to pass a bill that makes daylight saving time permanent, coming months after the measure cleared the House of Representatives.
President Donald Trump at U.N. Headquarters in New York City on Sept...
MarketWatch - Top Stories
This $23 billion software deal was struck at a decade-low valuation, as AI winner takes out loser -
Schneider Electric, the maker of electrical equipment that has thrived from the AI build-out, on Monday struck a $23 billion deal to buy an industrial design software company at a bargain-basement valuation.
‘I’d rather be on a beach in Bali’: My husband resents my $8 million net worth. Should I pay for his retirement? -
“We have an ironclad prenup.”
I’m 71 and still working. I earn $108,000 a year. Am I doing the right thing? -
“I have $152,000 in my IRA and Roth accounts.”
My wife never went back to work after raising our kids. Do I have to share my retirement savings 50/50? -
“For 14 years I have gotten up every morning and gone to work while she has been free to pursue whatever interested her.”
‘I don’t want to die on the sales floor’: I’m 67 and earn $19.50 an hour at a big-box store. When can I finally retire? -
“I started taking Social Security at 66 and receive $2,410 a month. I have $214,000 in my 401(k).”
Corporate America has never been this upbeat about future profits -
As third-quarter earnings kick off this week, more companies than ever have expressed optimism about their bottom lines.
October can be a scary month for stocks. Here’s what investors need to watch this year. -
If stocks see another big swoon this year, investors already know why.
Fed minutes coming this week could give markets important clues about future rate hikes -
Minutes from the September meeting may provide extra context, as the real fed-funds rate is now surprisingly low.
The government can take 15% of Social Security benefits to repay student loans. These proposals seek to stop it. -
Debt among older Americans is rising, both in terms of the number of older households carrying debt and the amount borrowed.
Falling wages, soaring energy prices and inflation: It’s beginning to look a lot like the 1970s -
Is it time to dust off the financial playbook from that dismal decade?
CNBC Top News
CNBC Economy
The 2029 tipping point: Western populations are about to start shrinking, piling pressure on public finances -
Moody's predicts that the world's aging populations will have fundamental impacts on the global economy and lead to difficult policy decisions.
Men are losing ground in the labor market. Here's why -
Women outnumbered men in the workforce for eight straight months as of September, according to one analysis.
Labor market faltered in September as jobs increased by just 29,000, unemployment rate rose to 4.2% -
Nonfarm payrolls rose by just 29,000 in September, well below the 84,000 forecast, and the unemployment rate rose to 4.2%, the Bureau of Labor Statistics said.
The September jobs report will be released Friday. Here's what to expect -
Wall Street is looking for job growth of 84,000 to close out the summer.
Fed’s preferred gauge showed core inflation at 3.0% in August, much lighter than expected -
The personal consumption expenditures price index was projected to show an annual gain of 3.7% on headline and 3.3% for core, according to the Dow Jones consensus.
GATA
Most of Peru's gold now comes from booming illegal mining sector -
By Carla Samon RosBloomberg NewsFriday, October 2, 2026
The biggest force in Peru's gold industry these days isn't Newmont Corp. or Buenaventura. It's the thousands of illegal miners digging across South America's No. 1 gold producer.
Illegally mined gold exports from Peru rose over 19% in the first half of this year, as high prices and loose requirements have fueled incentives for diggers in t...
LBMA's legal fight poses threat to bullion market -
Jack Ryan and Jack FarchyBloomberg Newsvia Yahoo News, Sunnyvale, CaliforniaSaturday, October 3, 2026
The industry body that sets the rules for the world's biggest gold market faces an existential legal battle in a London courtroom next week, in a case that could have far-reaching implications for how the industry polices its supply chain.
The London Bullion Market Association is being sued by ...
Gold keeps flowing from African countries with none -
By Michael J. KavanaghBloomberg NewsFriday, October 2, 2026
When investor demand sent gold prices to all-time highs this year, Africans rushed to cash in.
Exports hit records in multiple countries -- sometimes doubling or tripling in value, according to trade data analyzed by Bloomberg.
But many of those nations have barely any gold to mine.
... Dispatch continues below ...
... ADVERTISEMENT ....
Entrenched premium leaves gold primed to climb despite surge in U.S. bond yields -
By Polina DevittReutersvia WSAU-AM550, Wausau, WisconsinThursday, October 1, 2026
LONDON -- Gold's resilience above $4,000 an ounce despite soaring Treasury yields suggests the post-2022 demand premium is proving more durable than many expected, setting the stage for further gains once the US Federal Reserve's tightening cycle ends.
Typically, gold -- a non-yielding asset -- moved largely in th...
Sean Ring: If you're a saver, you're a sucker -
By Sean RingDaily Reckoning, BaltimoreThursday, October 1, 2026
In the fall of 1923, a German housewife waited at the factory gate for her husband’s pay.
Back then, workers got paid at least once a day because prices rose by the hour. A wife needed to be ready the instant the cash hit her hand. Then, like a relay runner handed a baton, she sprinted to the shops. The bread she bought at noon wou...
Wolf Street
Legal Tender News
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, ...
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 ...
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, ...
This Day In Market History: Legal Tender Act Of 1862 -
What Happened? On this day in 1862, U.S. President Abraham Lincoln signed the Legal Tender Act into law. Where The Market Was: The Legal Tender Act predates both the S&P 500 and the Dow Jones ...
CoinDesk
Bitcoin is about to get a major bullish signal it hasn't had in over a year -
Key price averages are on the verge of confirming a major bullish configuration for the first time in over a year.
Ethereum investors are stuck in a two-week staking exit line. Here's why. -
Ether waiting to enter staking has fallen by more than a quarter since early September, while the exit queue hit its longest of 2026.
Joint venture of OKX and NYSE parent ICE files for 24/7 tokenized U.S. stock trading -
OKXICE, the joint venture of OKX and ICE, plans to launch tokenized U.S. stocks under SEC's new innovation exemption.
Zcash’s 25-second blocks go live on public testnet ahead of schedule -
NU7 cuts the target block time from 75 seconds to 25, giving exchanges, wallets and developers a live rehearsal before a planned November mainnet launch.
Bitcoin zooms toward $87,000, nearly setting an eight-month high, then reverses -
Bitcoin came within about $500 of its late-September peak before sellers pushed it back under $86,000. It's the second rally in a week to stall.
Ether's bitcoin-beating Q3 rally came with a catch. Liquidity thinned. -
Ether beat bitcoin in the third quarter, but its market liquidity got thinner, according to Coingecko.
There's an election next month: State of Crypto -
Congress is gone from Washington for the final pre-election recess, and it's time to take stock of what's going on ahead of November.
Crypto poured years into new products. The next challenge is keeping users -
Crypto firms have spent years building financial products on blockchains. Getting people to use them — and keep using them — is becoming the next challenge.
The Clarity Act stalled. Bankers aren’t hitting the brakes yet on crypto dealmaking -
Crypto M&A has hit record levels, but the Clarity Act’s Senate setback leaves dealmakers weighing how much regulatory uncertainty still matters.
Payments firm OpenPayd targets year-end Nasdaq listing to fund U.S. expansion and acquisitions -
CEO Iana Dimitrova said OpenPayd aims to launch in the U.S. by April 2027 and is eyeing deals to add licenses and technology.
bitcoin.com
Oak Trees Have a Sneaky Trick to Starve the Caterpillars Eating Them -
An international study published in Nature Ecology and Evolution found that oak trees hit hard by caterpillars in one year delay budburst by about three days the following spring, leaving newly hatched larvae with little fresh food. The shift sharply cuts caterpillar survival and reduces leaf damage to the trees by more than half. Caterpillars […]
Saylor Maps Three Bitcoin Paths With 94%, 39%, and 9% Volatility -
Bitcoin can serve investors who want direct ownership, amplified market exposure, or dollar income, according to Michael Saylor. His comparison puts historical volatility at 94% for Strategy’s common stock, 39% for BTC, and 9% for its STRC preferred stock. Saylor Separates Bitcoin Ownership, Amplified Exposure, and Income Investors interested in bitcoin do not all want […]
Webull Becomes X Cashtag Partner for Crypto and Stock Trading -
Webull has joined X’s Cashtag Partner Program to connect stock and cryptocurrency discussions with its investing platform. The agreement also creates opportunities to use social media data alongside market information for investors making their own trading decisions. Webull Connects X’s Crypto Conversations With Trading Investors discussing stocks and cryptocurrencies on X can reach Webull’s tr...
Japan’s Ministry of Foreign Affairs Hits Garantex With Asset Freeze -
Japan added Russian crypto exchange Garantex to its asset-freeze list this week, joining the U.S. and European Union in targeting a platform Treasury says handled more than $100 million tied to ransomware and other illicit activity. There’s one catch. U.S. authorities seized Garantex’s domain in March 2025, and Treasury says its staff had already shifted […]
Prediction Markets Beat Traditional Polls in Brazilian Election -
While some national polls favored President Lula over Senator Flávio Bolsonaro, Polymarket accurately predicted the opposite outcome days before the polls, giving Bolsonaro a lead. This behavior is similar to what happened before the 2024 U.S. presidential election, when Trump emerged victorious. Polymarket Beats Polls In the Brazilian Election Prediction markets have become a reliable […]
Reason
Tenth Amendment Center
The Word “Emergency” Doesn’t Exist in the Constitution. That’s no Accident. -
That means the rules of the constitution apply whether someone calls it an “emergency” or not. On this episode, it’s the founders’ long-forgotten warning about the oldest weapon in the book. Let politicians have extra power or funding because THEY declare an emergency? And you’ll get never-ending emergencies.
The post The Word “Emergency” Doesn’t Exist in the Constitution. That’s no Accident. a...
The ONLY Cure for a Corrupted Republic -
Removing the corruption and restoring its lost principles is what Montesquieu said is the only path forward. Everything else is doomed to failure: “every other correction,” he warned, ”is either useless or a new evil.” On this episode, it’s the top-6 principles that built American independence. Forgotten and ignored for generations, but only truly lost if “We the People” refuse to bring them ba...
When War Comes Home: A Constitutional Warning -
Every generation faces a temptation to exchange freedom for security. Every generation is told that normal rules cannot apply because a crisis is too serious, an enemy too dangerous and a moment too urgent.
The post When War Comes Home: A Constitutional Warning appeared first on Tenth Amendment Center.
Electronic Frontier Foundation
Site-Blocking Will Not Defend IP, No Matter the Bill’s Name -
There has been a raft of site-blocking bills in the latest Congress, and the latest is called the “Deterring Extraterritorial Foreign Exploitation of Networks Damaging Intellectual Property” aka the “DEFEND IP Act.” The problem is that instead of “defending IP,” this bill will incentivize censorship, overblocking, and bad faith attempts to block access to a website. DEFEND IP Act, and all of th...
Congress Has Another Site-Blocking Bill, And This One Targets VPNs -
Congress is taking another run at site-blocking, a deeply flawed concept that would undermine basic internet infrastructure. Rep. Darrell Issa (R-CA) has introduced the American Copyright Protection Act (ACPA), H.R. 10364, a bill that would give copyright owners a new legal tool to block Americans’ access to foreign websites accused of copyright infringement.
The basic idea is all too familiar...
Victory! Court Rejects Government Effort to Dismiss Social Media Surveillance Lawsuit -
Judge Allows Social Media Surveillance Lawsuit Against Trump Administration to Move ForwardNEW YORK — A lawsuit filed by three labor unions against the Departments of State and Homeland Security for their viewpoint-based surveillance and suppression of protected expression online can move forward, a federal judge ruled yesterday.
On October 1, 2026, Judge Alvin K. Hellerstein of the U.S. Distri...
The Institute For Justice - Press Releases
Brentwood’s Arguments About its Blight Designation and Eminent Domain Don’t Hold Up -
ARLINGTON, Va.—Brentwood, Missouri has designated blocks of the Manchester Road Corridor as blighted, a first step in an envisioned plan to redevelop the neighborhood. Several […]
The post Brentwood’s Arguments About its Blight Designation and Eminent Domain Don’t Hold Up appeared first on Institute for Justice.
Victory! Court Allows East Cleveland Resident to Pursue First Amendment Political Retaliation Claims Against City and Officials -
ARLINGTON, Va.—For over four years, William Fambrough has been pursuing justice against the city of East Cleveland, Ohio for violating his First Amendment right not […]
The post Victory! Court Allows East Cleveland Resident to Pursue First Amendment Political Retaliation Claims Against City and Officials appeared first on Institute for Justice.
Federal Court Grants Preliminary Approval to Settlement in Brookside, Alabama Policing-for-Profit Lawsuit -
BIRMINGHAM, Ala.—A federal court granted preliminary approval of a class-action settlement in the Institute for Justice’s (IJ) policing-for-profit lawsuit against the town of Brookside, Alabama. […]
The post Federal Court Grants Preliminary Approval to Settlement in Brookside, Alabama Policing-for-Profit Lawsuit appeared first on Institute for Justice.
Second Amendment Foundation
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 ...
Gun Owners of America
GOA Sues City of Jacksonville, Florida Over Illegal Gun-Free Zones -
FOR IMMEDIATE RELEASE September 29, 2026 Jacksonville, FL — Gun Owners of America (GOA), Gun Owners Foundation (GOF), Florida Carry, and individual plaintiffs have filed a lawsuit challenging firearm restrictions enforced at City-owned venues across Jacksonville. The suit (Case No. 16-2026-CA-006676-AXXX-MA) names the City of Jacksonville, Sheriff T.K. Waters, and Mayor Donna Deegan—and chall...
President Trump Just Killed DOJ’s Appeal -
PRESIDENT TRUMP TOLD DOJ: DON’T APPEAL GOA’S WIN! Thank you to President Trump for supporting the Second Amendment! President Trump personally ordered the Justice Department not to appeal our NFA victory. The deadline to file would have been October 5th. But, ATF still hasn’t issued guidance for FFLs and gun owners on how to proceed after the win. GOA has … Read more
State Of The Second. Issue vol. 3 -
Get up to speed on Vol. 3 of State of the Second The third issue of State of the Second is now available. Following the launch of our inaugural digital magazine, Issue Two continues to bring together original reporting, interviews, firearms-industry coverage, and long-form features created exclusively for GOA members. Inside this issue, you’ll find: Expert perspectives from across the firearms...
Banking Dive
Warren, Van Hollen pressure OppFi to ditch bank deal -
Weeks after nonbank lender Enova scrapped its bid to buy Grasshopper Bank, two Senate Democrats are urging nonbank lender OppFi to abandon its own dealmaking efforts.
Dive Deposits: BofA, Barclays show their populist side -
Bank of America is expanding its apprenticeship program at a time of year when it typically would raise the hourly wage for its lowest-paid staff. Meanwhile, Barclays conceded (partially) on its office-return mandate.
Fed watchdog finds mismanagement, not criminality, in $2.5B renovation -
The Federal Reserve Board should establish a guaranteed maximum price for its renovation project, which is now several years in, the Office of the Inspector General said.
Amerant Bank CEO tackles credit crisis -
Efforts to change the internal culture around credit risk within the Florida bank’s lending portfolio have begun paying off, Carlos Iafigliola said.
Stripe swallows Parafin -
The payments processor is buying an embedded financing company that caters to small businesses, in its second acquisition in as many months.
American Banker
Fed extends deadline for Regulation O comments -
The central bank extended the deadline for comments on Regulation O by one month, to Nov. 4.
Nubank shuts down rumors it's buying Monzo -
The Brazil-based digital bank, which recently launched a U.S. business, submitted an SEC filing to stop the spread of misinformation.
The Clearing House plots next gen settlement for on-chain network -
The bank-owned payments company has been developing an interoperable payments network that will allow banks to clear and settle tokenized deposit transactions. It's targeting an early 2027 launch for the network, and is working toward an atomic future thanks to bank demand.
As CDFIs face headwinds, states bolster their support -
More states are providing funding to community development financial institutions, which are contending with hostility from the Trump administration and challenges from high interest rates.
Northern Trust begins search for CFO to succeed Fox -
Chicago-based Northern Trust has started its search for a new CFO as David Fox plans to retire in March; the American Fintech Council has been appointed as an observer on the Conference of State Bank Supervisors' newly formed nonbank industry advisory; Wells Fargo has hired JPMorganChase investment banker David Harkin to advise on technology deals, and more in this week's banking news roundup.
Bank of International Settlements
Federal Reserve - Press Releases
FDIC - Press Releases