Precious Metals and Market News

News related to gold, silver and the markets

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Kitco News

Gold is stuck but miners are generating bags of cash - (Kitco News) - Gold's months-long correction appears to be nearing its end, but prices continue to consolidate near critical support around $4,000 an ounce. The market remains caught between gold's traditional role as a safe-haven asset and the pressure of rising real yields.

Wall Street trisected on gold’s near-term prospects, Main Street bulls in minority as market looks to July payrolls for direction - The latest Kitco News Weekly Gold Survey showed Wall Street evenly divided between bulls, bears, and the fence, while Main Street sentiment slid out of bullish territory after another failed breakout.

Gold, silver retreat as dollar, yields blunt post-PCE support - Kitco PM Report - (Kitco NewsWire) - Spot gold and silver prices are lower in late-afternoon U.S. trading Friday, as a firmer U.S. dollar, elevated Treasury yields and rising oil prices outweighed support from Thursday’s softer PCE inflation data. At the time of writing, spot gold was trading near $4,050.70 an ounce, down 1.27%, while spot silver was trading near $57.75, down 1.93% on the session.

Gold has value at $4,000 as investors look beyond Fed hawkishness - (Kitco News) - Although gold prices remain stuck below $4,100 an ounce, analysts are starting to see a shift in sentiment in the marketplace, and support at $4,000 is increasingly being recognized as an attractive value point, even as the Federal Reserve maintains a tightening bias.

Tether increases gold reserves by 14 tonnes in Q2 as profits increase by 1.5 billion - (Kitco News) - The digital asset industry continues to establish itself as an important pillar of the global gold market, with the latest data showing Tether increasing its gold holdings at a pace that rivals global central banks.

Spot gold near session lows below $4,030/oz after final Consumer Sentiment rises to 55.2, one-year inflation expectations ease - (Kitco News) - The gold market is trading near session lows after the latest data showed consumer sentiment in the U.S. improving, with shorter-term inflation expectations easing.

Gold, silver retreat as dollar strength caps post-Fed rebound - Kitco AM Report - (Kitco NewsWire) - Spot gold and silver prices are lower ahead of the North American market open Friday, as a firmer U.S. dollar, elevated Treasury yields and renewed oil strength pressured precious metals after Thursday’s post-PCE rebound. At the time of writing, spot gold was trading near $4,057.10 an ounce, down 1.11%, while spot silver was trading near $57.77, down 1.90% on the session.

Gold holds above $4,100 as softer PCE offsets hawkish Fed - Kitco PM Report - (Kitco NewsWire) - Spot gold and silver prices are higher in late-afternoon U.S. trading Thursday, as softer June PCE inflation and a weaker U.S. dollar helped metals rebound after Wednesday’s hawkish Fed hold. At the time of writing, spot gold was trading near $4,107.20 an ounce, up 0.55%, while spot silver was trading near $59.27, up 1.84% on the session.

Fed’s ‘hawkish hold’ stabilizes gold and silver, but likely leaves markets in limbo until September – Experts - (Kitco News) – The Federal Reserve’s ‘hawkish hold’ was good news for gold and silver prices on balance, though it also served to push out the uncertainty surrounding inflation, interest rates and the broader market until after the summer, likely leaving the precious metals consolidating in their recent ranges for a little while longer, according to experts.Jesse Colombo, independent precious m...

AI bubble’s burst could ignite gold's next bull leg as investors search for value - Fred Hickey - (Kitco News) - The months-long correction in gold prices may be carving out an important bottom as investors become increasingly skeptical of what one veteran market strategist calls the biggest technology bubble in history.

Zero Hedge

22 EU Leaders Demand "Immediate Action" As Migrant Invasion Raises Fear Of Hybrid Warfare - 22 EU Leaders Demand "Immediate Action" As Migrant Invasion Raises Fear Of Hybrid Warfare Summary: 22 EU Leaders Demand "Immediate Action" Italy Suspends Schengen Travel Agreement With Spain After Horrifying Ceuta Invasion Spain's Border Invasion Is An Optics Disaster For Open-Border Democrats Crazy Footage Shows Migrants Rampaging, Breaking Into Homes After Invading Spain 22 E...

The Real Threat To Young Americans' Jobs Isn't AI. It's The National Debt... - The Real Threat To Young Americans' Jobs Isn't AI. It's The National Debt... Authored by Ken Buck via The Epoch Times, The rapid proliferation of artificial intelligence and supercomputing technologies has many Americans worried about the future of their careers. In a survey last month, more than half of U.S. workers expressed concern that AI could take their job or the job of a f...

Verizon Blames 'Human Error' For Burying A Jack Smith Subpoena From Congress - Verizon Blames 'Human Error' For Burying A Jack Smith Subpoena From Congress Senate Judiciary Chairman Chuck Grassley (R-IA) and fifteen colleagues sent a letter to Verizon on Thursday demanding the telecom giant explain how a 2023 grand jury subpoena tied to Jack Smith's "Arctic Frost" investigation vanished from its own paperwork for more than two years - only to resurface after ...

Leftists Now Claim US And Israel Behind The Migrant Invasion Of Spain - Leftists Now Claim US And Israel Behind The Migrant Invasion Of Spain A clear pattern is emerging:  When the political left or their favorite pet migrants wreak havoc and commit heinous crimes, the immediate canned response from the activist fold is to blame the "right wing" or blame those devious Israelis.  Why do they do this?  Because it works.  Progressive politicians and thir...

Leopold Aschenbrenner's Short Seller Fairy Tale - Leopold Aschenbrenner's Short Seller Fairy Tale Submitted by QTR's Fringe Finance Leopold Aschenbrenner’s hedge fund, stuffed like the ass of a Thanksgiving turkey with every trendy AI name you could throw a dart at, reportedly suffered one of the most spectacular drawdowns of recent memory, losing roughly 67% in July after a series of heavily leveraged bets went violently against...

"I've Been Doxed": Lefty Podcaster Scott Galloway Rips Mamdani After Landing On Socialist's Rich Target List - "I've Been Doxed": Lefty Podcaster Scott Galloway Rips Mamdani After Landing On Socialist's Rich Target List Prominent liberal podcaster and NYU professor Scott Galloway, who can only be described as a "useful idiot" for helping legitimize far-left New York City Mayor Zohran Mamdani, appears to be awakening from his political delusion. Galloway now says he has been "doxed" after...

Twin Car Bombs Rock Colombian City Days Before Trump-Backed "El Tigre" Takes Power - Twin Car Bombs Rock Colombian City Days Before Trump-Backed "El Tigre" Takes Power Details remain limited, but initial reports and footage on X suggest that one or more vehicle-borne improvised explosive devices (VBIEDs), commonly known as car or truck bombs, detonated near a police station in Cúcuta, Colombia, close to the Venezuelan border. The apparent VBIED attack occurred j...

Closed Borders Killing Western Union, Earnings Call Transcripts Reveal - Closed Borders Killing Western Union, Earnings Call Transcripts Reveal Western Union CFO Matt Cagwin quietly acknowledged in yesterday’s earnings call that fewer border crossings under the Trump admin are chipping away at the remittance behemoth’s profits: “New migration is the lifeline of our retail business. With borders closed, it is difficult to offset natural attrition… as co...

Germany Builds AI 'Racist Uncle' Robot To Indoctrinate Kids In Schools - Germany Builds AI 'Racist Uncle' Robot To Indoctrinate Kids In Schools Authored by an 'anonymous German teacher' via dailysceptic.org, Täteropferumkehr is the German term for “victim blaming” – often hyphenated as Täter-Opfer-Umkehr to make it look slightly less clunky. In recent times, our political and media establishment have turned it into a sharp tool, employed with reference...

Crude Inventories Have Fallen To "Precariously Low" Levels - Crude Inventories Have Fallen To "Precariously Low" Levels U.S. crude inventories fell sharply last week as refineries ramped up production to capitalize on higher fuel prices following renewed conflict with Iran, according to Financial Times. Commercial crude stockpiles declined by 7.2 million barrels, while the Strategic Petroleum Reserve (SPR) dropped another 3.8 million barrel...

MarketWatch - Top Stories

Americans are living longer than our retirement system can handle — and many of us are unprepared - Watch out for these 4 major financial pitfalls.

My financial adviser says I don’t need a tax-efficient withdrawal plan for my $2.3 million portfolio. Is that madness? - “His proposal involves a proprietary equity hedge strategy to manage $700,000 of my assets.”

Health savings accounts can be a great retirement tool – if you’re healthy or wealthy - HSAs can offset healthcare costs in your old age. But most people can’t afford to wait.

I’m 75 and afraid to let my retirement fund dip below $1 million. Am I being too conservative? - Spending down assets can be unsettling after a lifetime of saving.

My ex-husband’s sister died — so why is Fidelity asking me for her death certificate? - “Part of me jokes that paying for a death certificate would be like buying a lottery ticket.”

‘I’m in my peak earning years’: I’m working beyond 70. Will that help increase my Social Security? - “I plan to retire at the end of my 70th year and transition to Medicare.”

I’ve seen families destroyed by this common estate-planning mistake. Here’s how to protect yours. - It’s not enough to do everything “right” on paper.

‘We have always been civil’: My sister refuses to replace me as executor. Can I step down before she dies? - “I haven’t seen my sister since our mother’s funeral more than 20 years ago.”

If Social Security’s funding crisis is the elephant in the room, this is the mouse everyone has overlooked. You have been warned. - “Delaying Social Security until 70 results in an increased monthly payment — and that comes with proportionally higher cost-of-living adjustments.”

Medicare is about to change a drug program that held down the cost of premiums. Here’s what to know. - Experts say this could mean that more seniors will switch to Medicare Advantage plans

CNBC Top News

OpenAI's Hugging Face hack confirmed months of AI cyber warnings: 'Pandora's box is open' - The wake-up call to the cyber industry comes as industry experts descend on Black Hat, a major cybersecurity conference.

Tankers near Oman come under fire as Iran threatens to choke off shipping routes - The latest attacks come amid U.S. media reports that U.S. President Donald Trump is preparing a fresh round of strikes against Iran.

To keep growing, incoming Best Buy CEO says he first wants to go smaller - As incoming CEO Jason Bonfig prepares to take the reins, he told CNBC he's focused on expanding the company's reach and enhancing the customer experience.

As Americans go direct with GLP-1 prescriptions, Walmart, Costco, Amazon will be big weight-loss winners - As Americans are encouraged to go direct with weight-loss drug prescriptions, retail pharmacy chains are poised to win big. 

U.S. Treasury intervenes to support yen after Japan steps in, FT reports - It was Washington's first yen-buying intervention with Tokyo in more than a decade as it languishes near 40-year lows.

CNBC Economy

As Warsh’s Fed faces pressure to act on inflation, these indicators show it’s at its lowest in years - Trimmed mean measures are painting a different picture than the headline numbers.

China's factory activity unexpectedly contracts in July on demand slump, typhoons - China's factory activity unexpectedly contracted in July, as the export rush that powered a second-quarter rebound began to unwind.

U.S. economy slowed to 1.5% growth rate in Q2; June core inflation at 3.3% - While the GDP number was below expectations, the miss appeared to come from a decline in federal government spending and inventories.

What a divided Fed means for investors - Wall Street has a clear takeaway from this week's Federal Reserve decision: A hike is likely on the horizon.

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

GATA

Lots of government intervention to prop up India's rupee too - Indian Rupee Posts Strongest Week Since March on Central Bank Support By Jaspreet KalraReutersThursday, July 30, 2026 MUMBAI -- The Indian rupee ended stronger today, with persistent central bank interventions boosting the currency to its ​strongest weekly gain since March. The currency rose 0.3% on the ‌day and about 1% week-on-week to end at 95.38 per dollar. On the month, though, it slipped ...

Was 'keep selling gold' on the next page? - Bessent's 'To Do' List: Buy $5-10 Billion of Japanese Yen, Reuters Photo Shows By Daniel Heuer and David LawderReutersFriday, July 31, 2026 CAMP DAVID, Maryland -- U.S. Treasury Secretary Scott Bessent on Friday exposed a "to-do" list during President Donald Trump's cabinet ​meeting indicating he was contemplating U.S. purchases of $5 billion to $10 billion ‌worth of Japanese yen, a Reuters pho...

Japan may have sold up to $59 billion in yen-buying intervention - By Atsuko Aoyama and Noriyuki HirataReutersFriday, July 31, 2026 TOKYO -- Japan may have sold as much as $58.97 billion in its latest efforts to bolster its ​currency, central bank data indicated today, signaling repeated efforts to ‌stem the yen's weakness. The Bank of Japan's projection for money market conditions for the following day suggests an 8.2 trillion yen net outflow of funds, compar...

Alasdair Macleod: Monetary metals sentiment is as low as it gets - By Alasdair MacleodGoldMoney, TorontoFriday, July 31, 2026 Few investors are interested in major upheavals facing global finances. Indifference in summer is normal, but this is a time of maximum danger to personal wealth. After 55 years of this fiat currency regime, the top 500 investment managers with an estimated $140—150 trillion under management are clueless about money and credit. In 1919 ...

Rare joint currency intervention in Asia sends warning to markets - By Ankur Banerjee, Yena Park, and Samuel IndykReutersThursday, July 30, 2026 Japan and South Korea both stepped in to buy their currencies on ​Thursday, sources and analysts said, while signs of U.S. support grew today in a rare coordinated intervention that marks an escalation in efforts to stem ‌currency weakness. The intervention gave the yen its biggest boost in almost two years and, if the...

Wolf Street

SPR Gets Drained to Dump Crude Oil on Global Markets: US Exports of Crude Oil & Petroleum Products Spike - Crude oil exports hit a record of 5.7 MMb/d in May, exports of ultra-low sulfur diesel hit a record 1.54 MMb/d, etc.

Inflation in the Overall Economy, Hitting Consumers, Businesses, and Governments, Was Really Bad in Q2, even without Energy - The Fed needs to coalesce and crack down on inflation lest the bond market figures out what’s going on in here… Oops.

Red-Hot Inflation & (Inflation-Adjusted) Strong Domestic Private-Sector Demand Marks Q2 GDP. Debt-to-GDP Ratio Dips to 121.5% - But soaring imports (data-center components), a drop in federal government spending, and changes in private inventories ate into GDP growth.

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 ...

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 ...

CoinDesk

Tokenized stock trading surged 288% in July, but one QQQ token drove most of it - Without that QQQ token, QQQB, July volume for tokenized equities would be roughly $2.03 billion, about 30% below June’s total.

Bank of Italy research suggests stablecoins aren't necessarily cheaper for remittances - A mystery-shopping experiment found that exchange fees, foreign exchange spreads and banking rails mean stablecoin remittances are often no cheaper than traditional transfer means.

Bitcoin mining difficulty shrinks 14% from this year's high as plunging revenues force operators to pivot - Difficulty falls as weak mining economics reduce capacity, while forward markets signal little relief through year-end.

SEC to review Nasdaq bitcoin options approval after CME challenge - CME argues that because bitcoin is a commodity, options tied to its value fall under CFTC jurisdiction, not the SEC's authority.

Solana Foundation's new CISO warns AI is making crypto scams more convincing - Michael Coates, the foundation’s new CISO, said that AI vulnerabilities and fake identities will drive the next wave of blockchain security concerns.

Everyone has the perps convergence backwards - Crypto is said to be growing up to look like Wall Street. The evidence in its biggest market points the other way, argues Bitget CEO Gracy Chen.

Binance founder CZ calls for wallet diversification after $70 million Coldcard exploit - Binance founder Changpeng Zhao says hardware wallets can still have bugs and suggests spreading funds across multiple wallets after the major Coldcard security failure.

XRP Ledger upgrade brings back features once pulled over critical bugs - The xrpld 3.3.0 release is expected next week with five proposed amendments, including two revised features that were previously withdrawn after researchers found bugs that could have allowed unauthorized transactions or fee draining.

How bitcoin cold wallets lost $70 million in an attack that never touched the devices - Galaxy Research said weak seed generation let an attacker recreate likely private keys offline, sweep more than 1,000 BTC from nearly 1,200 wallets and continue searching without ever accessing the devices.

Bitcoin holds monthly gain, faces 'choppy' August as 'forced-selling' exhausted, analysts say - The largest crypto shrugged off a barrage of bad news this month, but traders remain cautious as rate hike fears and jobs data loom.

bitcoin.com

Coinbase Exec ‘Relentlessly Optimistic’ on CLARITY Act Odds - Coinbase Head of Institutional Strategy John D’Agostino says he remains “relentlessly optimistic” the CLARITY Act passes, even as Wall Street odds-makers put the bill’s chances well below 50%. A Coinbase Exec’s Case for Optimism D’Agostino, Coinbase’s Head of Institutional Strategy, told reporters he is confident the Digital Asset Market Clarity Act, or CLARITY Act, will […]

Blackrock, Fidelity Lead $265M Bitcoin ETF Outflows as Ether Gains - U.S. spot bitcoin ETFs posted $265.4 million in net outflows on July 31, led by Blackrock’s IBIT, while spot ether ETFs pulled in roughly $9 million the same day. A Sharp One-Day Reversal US spot bitcoin ETFs recorded $265.4 million in total net outflows on July 31. Blackrock’s iShares Bitcoin Trust (IBIT) led the retreat […]

SUI Faces Fresh Unlock as Bulls Target a Run to $20 - SUI traded near $0.68 on August 1 as roughly 13.72 million tokens, worth about $9.9 million, unlocked on schedule, while a popular trader called the current price range a setup for a run toward $20. A Token Unlock Lands Right on Schedule Sui’s August 1 token unlock released about 13.72 million SUI into circulation, split […]

Coldcard Exploit Fuels Market Fear as 2 Bitcoin Forks Loom Ahead - Bitcoin slipped below $63,000 this week as a major hardware wallet security incident rattled confidence just as traders are preparing for two separate August events that could influence sentiment across the network. The world’s largest cryptocurrency traded between roughly $62,300 and $63,100 during early Saturday trading sessions after briefly pushing above $65,000 a day earlier. […]

Was AI Responsible for Finding the Coldcard Security Flaw? - A five-year-old Coldcard software flaw may have allowed an attacker to reconstruct private keys and sweep more than 1,100 bitcoin, prompting the wallet’s maker to blame the discovery partly on artificial intelligence (AI). A Coordinated Sweep Empties Hundreds of Wallets The incident became public after roughly 594 BTC, valued near $38 million at the time, […]

Reason

N.Y. Judge Rejects School's Request for "Red Flag" Order Against 13-Year-Old, Including No-Knock Search Warrant - Some excerpts from N.Y. Saratoga County trial court judge Jonathan Schopf's long decision in Anonymous School Dist. v. Anonymous a… The post N.Y. Judge Rejects School's Request for "Red Flag" Order Against 13-Year-Old, Including No-Knock Search Warrant appeared first on Reason.com.

Fifth Circuit Judges' Cert. Petition in Deray Mckesson Black Lives Matter Protest Liability Case - From Fifth Circuit Judge Don Willett, joined by Judges Carl Stewart, James Graves, Stephen Higginson, Dana Douglas, and Irma Carrillo… The post Fifth Circuit Judges' Cert. Petition in Deray Mckesson Black Lives Matter Protest Liability Case appeared first on Reason.com.

Today in Supreme Court History: August 1, 1942 - 8/1/1942: Military commissions conclude for eight nazi saboteurs. The Supreme Court upheld the constitutionality of these trials in Ex Parte… The post Today in Supreme Court History: August 1, 1942 appeared first on Reason.com.

Walt Whitman's American Vistas - A new collection of Whitman's writing is a fitting read for the United States' 250th birthday.

Open Thread - What’s on your mind?

First Amendment Might Protect FTP&ATF License Plate - The Fourth Circuit considers "a question that has divided ... courts ...: whether the character combinations on personalized license plates ... are government speech or private speech."

Error 888: Complaint Too Long - From today's decision by Judge Trevor McFadden (D.D.C.) in Soffer v. George Washington Univ.: Two former George Washington University ("GWU")… The post Error 888: Complaint Too Long appeared first on Reason.com.

Trump Re-Ups the Anti-Weaponization Fund, Reinforcing the Demand That Todd Blanche Kill It for Good - The president is still pushing the idea of using taxpayer money to reward Capitol rioters, contradicting the attorney general nominee's assurance that it won't happen.

Georgia Has Arrested At Least 20 Officials for Misusing the Flock Surveillance Database - Michael Soyfer, an attorney at the Institute for Justice, calls it “just the tip of the iceberg.”

New York Wants a $36 Billion Cut From Kalshi, Calling It an 'Illegal Gambling Operation' - Casting Kalshi as an out-of-control gambling platform makes it easier for the state to take money from the company and its users.

Cato Institute

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.

Tenth Amendment Center

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

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

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

Electronic Frontier Foundation

Amending AB 1709 Doesn’t Fix It: California’s Social Media Ban Still Threatens Free Speech and Privacy - California lawmakers have amended A.B. 1709, but the core problem remains: the bill is still a ban on social media access for youth under 16, and it still threatens the privacy and First Amendment rights of all Californians. Proponents of the bill may argue that the recent amendments represent a compromise, but a close look at the text shows no major changes. As the bill moves forward in the Se...

The SCREEN Act Threatens Privacy Far Beyond Adult Websites - The Senate Commerce Committee is set to consider S. 737, the SCREEN Act, a sweeping age-verification bill that would require online services to verify users’ ages before they can access any sexually explicit content. If this bill passes, it will force millions of adult internet users to give up their anonymity, privacy, and security before they access lawful speech.   Unlike many state-age veri...

The CHATBOT Act Forces One Parenting Model On Every Family - Artificial intelligence is rapidly changing education, and the way people search for information. Parents, teenagers, teachers, and schools are struggling with tough questions about when AI should, and should not, be used. It makes sense for Congress to hold hearings and examine how AI should be used by minors. But the recently introduced CHATBOT Act answers those questions with a one-size-fits...

The Institute For Justice - Press Releases

Oklahoma Small Business Gets Early Win in Lawsuit Challenging Restrictions on Selling Caskets - OKLAHOMA CITY—On Thursday, the District Court of Oklahoma County denied the state of Oklahoma’s motion to dismiss a lawsuit challenging its restrictions on selling caskets. The lawsuit was brought in […] The post Oklahoma Small Business Gets Early Win in Lawsuit Challenging Restrictions on Selling Caskets appeared first on Institute for Justice.

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

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

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

WY: GOA Endorses 30+ Pro-Gun Candidates Across Wyoming - See GOA’s list of pro-2A candidates before the upcoming August 18 primary Gun Owners of America is proud to endorse the following candidates in Wyoming’s Republican primary on Tuesday, August 18, 2026: **Click on any image above to download full size graphic for sharing** To find your legislative district, click the button below; cross-reference your district with the list above … Read more

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

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

Banking Dive

Chime to cut 10% of workforce - CEO Chris Britt cited AI innovations but also a switch to smaller teams, faster movement, higher productivity and in-office work.

Citi hires away FinCEN chief for compliance role - Andrea Gacki, the director of the Financial Crimes Enforcement Network since 2023, will become global head of sanctions at the New York City-based lender.

Fed bans ex-Regions, First Interstate bankers - An Idaho-based teller embezzled $8,000 from First Interstate’s cash recycler, the central bank said. A Florida-based Regions relationship banker allegedly withdrew roughly $203,000 from a customer account without consent.

Associated Bank chief digital officer joins from BMO - Brianna Elsass leaves BMO after a decade of digital leadership positions. She most recently led the Canadian bank’s U.S. digital and technology business.

Capital One gives update on Discover community investment plan - The bank issued a report last month on progress related to the $265 billion it had committed to invest as part of its bid to buy Discover. Charitable organizations offered little support for the statement.

American Banker

Loan modifications rose ahead of policy transition: FHFA - In line with broader trends, the GSEs have been putting new limitations on forbearance and putting more of an emphasis on mods.

Why AI has eclipsed cyberattacks as firms' top compliance problem - A new survey found artificial intelligence was a top compliance-related priority for 85% of firms responding, while cybersecurity was only a concern for 37%.

The lessons Chime and Visa's layoffs have for banks - Digital lender Chime and Visa this week became the latest firms to cite AI as part of a downsizing. While bots usually aren't directly replacing workers, machine learning changes customer access to financial products in a way that's increasingly making some work less necessary.

Citi announces Fincen's Gacki as global head of sanctions - Fincen's Andrea Gacki will join Citi as global head of sanctions, BBVA promoted Gonzalo Rodríguez to chief financial officer, HDFC Bank penalized three senior officials for their role in a controversial deposit arrangement, and more in this week's banking news roundup.

The unglamorous playbook that made InterBank a top performer - A recipe of no securities, mostly adjustable-rate loans and a cheap rural deposit base made the Texas bank the top performer in the $2 billion-$10 billion asset class.

Bank of International Settlements

Michelle W Bowman: Modernizing financial regulation - Speech by Ms Michelle W Bowman, Vice Chair for Supervision of the Board of Governors of the Federal Reserve System, at the Bank Policy Institute London Conference, London, 13 July 2026.

Andrew Bailey: Growth and regulation - Speech by Mr Andrew Bailey, Governor of the Bank of England, at the Mansion House Financial and Professional Services Dinner, London, 14 July 2026.

Lisa D Cook: Economic outlook - Speech by Ms Lisa D Cook, Member of the Board of Governors of the Federal Reserve System, at The Exchequer Club of Washington DC, Washington DC, 15 July 2026.

Federal Reserve - Press Releases

Federal Reserve Board requests comment on a proposal to modernize its rule governing the extension of credit to bank "insiders"—bank executives, board members and major shareholders who could poten... - Federal Reserve Board requests comment on a proposal to modernize its rule governing the extension of credit to bank "insiders"—bank executives, board members and major shareholders who could potentially influence a bank's lending decisions

Federal Reserve Board requests comment on a proposal to modernize rules for mutual banking organizations - Federal Reserve Board requests comment on a proposal to modernize rules for mutual banking organizations

Federal Reserve Board issues enforcement action with Iuka Bancshares, Inc. and The Iuka State Bank - Federal Reserve Board issues enforcement action with Iuka Bancshares, Inc. and The Iuka State Bank

FDIC - Press Releases

Press Release: Joint Statement of Enforcement Policy in support of Venezuela’s Economic Recovery and Earthquake Relief Efforts - PRESS RELEASE | JULY 31, 2026 Joint Statement of Enforcement Policy in support of Venezuela’s Economic Recovery and Earthquake Relief Efforts WA...

FDIC Board of Directors Approve New Actions - BOARD MATTERS | July 31, 2026 FDIC Board of Directors Approve New Actions By notational vote, the Federal Deposit Insurance Corporation's Board of Directors today unanimously approved the following matters. Materials and information related to these Board actions are a...

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