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Zero Hedge

UCLA Cops Stockpile Drones And Less-Lethal Munitions For 'Emergency Incidents' - UCLA Cops Stockpile Drones And Less-Lethal Munitions For 'Emergency Incidents' Authored by Bryan Hyde via American Greatness,The UCLA Police Department (UCPD) spent more than $220,000 on drones and less-than-lethal munitions in 2025 and is now seeking approval to expand its inventory further.An Oct. 19 military equipment report reveals that UCPD bought three Skydio X10s under a 10-...

House Democrats Eye Their Own Crypto Market Structure Bill With A Bigger SEC Role After Sweep - House Democrats Eye Their Own Crypto Market Structure Bill With A Bigger SEC Role After Sweep Authored by Micah Zimmerman via Bitcoin Magazine,House Democrats are discussing a plan to turn Rep. Maxine Waters' Crypto Investor and Consumer Bill of Rights into their own crypto market structure bill next Congress, with ideas that include a bigger role for the SEC and a smaller one for ...

Mapped: Socialists Just Captured America's Two Biggest Cities - As 'Blue Wave' Knocks The Market's Teeth In - Mapped: Socialists Just Captured America's Two Biggest Cities - As 'Blue Wave' Knocks The Market's Teeth In If Nithya Raman's lead in Los Angeles holds, about 14.4 million Americans will live under a socialist mayor, up from 9.4 million before Tuesday, and the country's two largest cities will both be run by members of the Democratic Socialists of America. Decision Desk HQ projecte...

Why Are We Being Warned That Our "Window To Prepare" Is Closing? - Why Are We Being Warned That Our "Window To Prepare" Is Closing? Authored by Michael Snyder via The Economic Collapse,There is growing anticipation that something really big is about to happen. Social media is buzzing about the fact that so many governments around the world are urging their citizens to stockpile food, water and other essential supplies right now. Why have all of th...

Rubio Discussed Exit With White House As Quiet Loyalist Trump "Loves" Emerges As Possible Replacement: Report - Rubio Discussed Exit With White House As Quiet Loyalist Trump "Loves" Emerges As Possible Replacement: Report Secretary of State Marco Rubio is considering leaving the Trump administration following Republicans' devastating midterm election defeat, Bloomberg reports.Rubio and his advisers are weighing his future, with the nation's top diplomat, who also serves as national security ...

Intel's China Problem Just Got A Lot Worse - Intel's China Problem Just Got A Lot Worse Huawei unveiled its first desktop computer running its own HarmonyOS operating system on Thursday, a machine with no Intel or Qualcomm chip and no Windows, which the South China Morning Post reported is 100% domestically made.The Qingyun HM650 made its debut at the HarmonyOS Office Industry Summit in Wuhan, where Zhu Dongdong, president of...

Hedge Fund Walleye Returns Capital, Fires Head Of Equities After Worst Month Since COVID: Read The Full Letter - Hedge Fund Walleye Returns Capital, Fires Head Of Equities After Worst Month Since COVID: Read The Full Letter One week ago, when Nomura's Charlie McElligott told clients that the October "pod purge" was the multi-strat model simply "cleansing" itself, we were less sanguine: "we suspect the next round of stop-outs is probably just a matter of time." Well, Charlie was wrong, we were...

Tuttle Files For New Credit Default Swap ETFs To Bet Against AI Debt - Tuttle Files For New Credit Default Swap ETFs To Bet Against AI Debt Tuttle Capital Management has filed with the SEC to launch five new ETFs that would give everyday investors exposure to a growing concern on Wall Street: the massive amounts of debt being taken on to finance the AI boom, according to the SEC Prospectus. The proposed funds would target Oracle (ORCL), CoreWeave (CRW...

El-Sayed Stabs Schumer In The Back, Sends Rare Olive Branch To Trump - El-Sayed Stabs Schumer In The Back, Sends Rare Olive Branch To Trump Michigan Sen.-elect Abdul El-Sayed (D-MI) said Senate Democrats need new leadership, a position that rules out his support for Chuck Schumer (D-NY) to continue as the party's leader in the chamber. El-Sayed named Sen. Chris Van Hollen (D-MD) as the Democrat he would prefer to see run for majority leader. Reports h...

Outcome Of Alaska Senate Race May Not Be Known For Weeks - Outcome Of Alaska Senate Race May Not Be Known For Weeks Authored by Mark Stricherz via The Center Square,The outcome of a tightly contested and controversial U.S. Senate race in Alaska may not be known until the end of the month or later. Republican candidate for U.S. Senate in Alaska Dan Sullivan, left, and Democratic candidate Mary Peltola, right. (Chairman of the Joint Chiefs ...

MarketWatch - Top Stories

How much in Roth conversions can you do in 2027 with the new tax brackets? - The math should actually start with “if” — not “how much.”

Here’s what’s driving Iren’s stock higher after a brutal selloff - Iren announced a new cloud-computing deal and noted that much of its backlog is tied to “investment-grade counterparties.”

Tech stocks log worst day since 2020 as carnage comes to the AI trade - The S&P 500 lost an estimated $2.9 trillion in market capitalization, the largest one-day loss of market value on record.

Buy the dip or wait it out? Young investors react as retail stock selling hits one of its highest levels since COVID crash. - Some see another buying opportunity. Others fear the worst isn’t over. A market rout is testing the instincts of a generation raised on quick rebounds.

The ‘Musk selloff’ deepens as Tesla and SpaceX combine for $456 billion two-day wipeout - Investors worry a divided Washington could derail “Elon, Inc.”

After tech-stock rout, October jobs report could bring relief — or more pain - After a tech-led meltdown in the stock market, the October jobs report on Friday morning could bring investors some encouraging news — or add to their misery.

Is this ‘the big one’ for the stock market? Wall Street sounds off as tech plunges. - A punishing selloff in the tech space caused carnage in the stock market Thursday, one day after equities saw a big bounce after the Democrats swept Tuesday’s midterm elections.

Micron, Sandisk and other AI stocks see steep drops: ‘Investors don’t like uncertainty’ - Wall Street is digesting the prospect of a slower AI buildout in the wake of the midterm election results.

As Nvidia’s stock enters a bear market, bargain hunters see a golden buying opportunity - Portfolio managers say chip demand should be resilient even in a period of political uncertainty.

5 of this year’s biggest stock losers that are good bets in 2027 - One year’s worst performers often beat the market the next

CNBC Top News

Nasdaq drops into correction territory — here’s what typically happens next - Nasdaq’s slide into correction territory puts its history of recoveries in focus. Here's what history shows.

Magnificent 7 loses $1 trillion. The most eye-popping stats from Thursday's tech stock plunge - Here are the most breathtaking statistics from the major stock sell-off on Thursday.

Top Democrats call to rein in AI buildout after midterms sweep: 'National data center moratorium now' - Democratic winners and progressive lawmakers are calling for tougher limits on AI and data centers after the 2026 midterm elections.

Stocks making the biggest moves after hours: DraftKings, Cloudflare, Airbnb, Atlassian & more - Here are the companies making headlines in extended trading.

IRS unveils higher capital gains tax brackets for 2027 - The IRS has announced higher long-term capital gains brackets for 2027. Here's what investors need to know.

CNBC Economy

The October jobs report is out Friday. Here's everything to expect - The Bureau of Labor Statistics releases the October nonfarm payrolls report Friday at 8:30 a.m. ET.

Here's what the Democratic election rout could mean for the U.S. economy - The biggest forces shaping the economy aren't going to change just because the party in power did.

Bank of England hikes interest rate for the first time since Iran war, warns inflation will near 5% - One policymaker voted to raise the bank's key interest rate to 4.25%.

Voters say the economy drove them to the polls — and blame Trump for their troubles - Participants in the CNBC Voter Poll ranked the economy the most important issue facing the country, ahead of topics tied to democracy and immigration.

Analysis: The Democrats have one chance to extract concessions from Trump. Markets will hate it - The next debt-ceiling confrontation could reverse Washington's traditional political roles, raising the possibility of spending concessions, market volatility and a damaging default.

GATA

Gold futures plunge was a U.S. Treasury intervention, Maguire tells "LFTV" - 10:31a ET Thursday, November 5, 2026 Dear Friend of GATA and Gold: On this week's episode of Kinesis Money's "Live from the Vault" program, London metals trader Andrew Maguire says the recent plunge in gold futures prices amid an anomalous decline in the U.S. dollar was a U.S. government intervention to discourage sales of U.S. Treasury bonds. Meanwhile, Maguire adds, even the U.S. government i...

Central banks accelerated gold buying in Q3, WGC says - By Giulia PetroniThe Wall Street JournalTuesday, November 3, 2026 Central banks stepped up gold buying in the third quarter to its fastest pace since late 2024, as geopolitical risks and concerns over fiscal discipline bolstered institutional demand for the precious metal. The institutions added a net 321 metric tons to their reserves in the period, driven by portfolio diversification and risk ...

India's tax hike drives illegal gold imports to three-year high - By Yihui Xie and Preeti SoniBloomberg NewsTuesday, November 3, 2026 India's illegal gold imports surged to the highest since 2023 in the third quarter as a government duty hike spurred use of unofficial channels, according to a report from the World Gold Council. Informal shipments for July to September jumped more than 1,500% to 50 metric tons from 3 tons a year earlier, the producer-funded gr...

Tokenized gold bars to advance Hong Kong's ambitions as digital, metal trading hub - By Xinmei ShenSouth China Morning Post, Hong KongTuesday, November 3, 2026 https://www.scmp.com/business/banking-finance/article/3373071/tokenised-gold-bar-advance-hong-kongs-ambitions-digital-metal-trading-hub Hong Kong's plan to start an interbank tokenized gold transaction project marks a crucial step in its quest to make itself a key global hub for the precious metal, according to analysts....

China's government calls meeting on supporting stock market, reports say - From Bloomberg NewsSunday, November 1, 2026 China's central bank and its securities regulator will hold a meeting on Monday to discuss the use of tools designed to support the country's capital market, according to local media. The People's Bank of China will meet with the National Financial Regulatory Administration, China Securities Regulatory Commission, and major banks to study how to impro...

Wolf Street

A Phenomenon: Initial Applications for Unemployment Benefits (4-Week Average) Drop to the Lowest since 1969 - Despite lethargic growth in private-sector payrolls and big staff cuts at federal and state governments, but a declining labor force due to the crackdown on illegal immigration.

Despite Lower Rates, Demand for Mortgages to Purchase a Home Is Stuck at Rock-Bottom: Is 7%+ the No-Go Zone? - The Fed and mortgage rates.

Multifamily CRE Meltdown Keeps Getting Uglier - The US government holds half of all multifamily mortgages. The rest is spread around.

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, ...

Legal Tender - Legal tender is a medium of payment recognized by a legal system to be valid for meeting a financial obligation. Paper currency and coins are common forms of legal tender in many countries. Legal ...

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, ...

CoinDesk

U.S. Justice Department assembles force to shield against foreign AI threats - The new DOJ task force will aid the recently designated U.S. "SI Force" by warding off bad actors backed by other nations, criminal groups or corporate fraud.

Bitcion tumbles to $76,000 as collapsing AI trade drags stocks sharply lower - The post-election rally quickly reversed as AI stocks plunged, but cryptocurrencies held up relatively better despite a $1 billion liquidation wave.

What is TraderTraitor, the hacking squad behind the $6.3 billion Binance heist? - The hacking group has been behind some of the crypto industry's most recent high-profile thefts.

Standard Chartered and SBI back crypto insurer Soter as funding reaches $23.5 million - Soter also received backing of 500 BTC and 2000 ETH, worth another $43 million at current prices.

Crypto for Advisors: Where investors stake crypto shapes how much of the reward they keep -
Gate CEO says crypto exchanges must prove they can survive a hack like Binance’s - Lin Han says Gate holds enough assets in cold storage to cover customer balances even if its hot wallets are emptied. An independent audit is underway.

Kraken parent Payward and its clients buy AAVE tokens in DeFi investment push - The investment follows talks first reported by CoinDesk in June that included a proposed equity stake in Aave Group.

Google could take stake in bitcoin miner TeraWulf’s $19 billion AI project if Anthropic defaults - A $19 billion data-center agreement includes an unusual provision allowing Google to acquire part of the project if Anthropic fails to pay its rent.

Binance cuts SignalPlus access after security warning, urges users to check accounts - The exchange says its systems are unaffected but has removed trading connections to the third-party platform as a precaution.

Ukraine’s central bank opposes crypto bill, citing monetary sovereignty concerns - Ukraine’s central bank won’t back a crypto legalization bill in its current form and wants lawmakers to revise it before a final vote.

bitcoin.com

Arkansas Sues Kalshi, Alleging Deceptive Trading Practices and Unjust Enrichment - Arkansas Attorney General Tim Griffin introduced a lawsuit that alleges Kalshi knowingly lied to customers in Arkansas, presenting its platform as legal and safe while violating the state’s Deceptive Trade Practices Act by offering unlicensed gambling products and making its services available to underage users. Arkansas Sues Kalshi, Joins Other States In Semantics Battle Kalshi, […]

Canary Capital Brings Injective to Nasdaq With New INJ Staked ETF - Canary Capital has launched an exchange-traded fund for Injective’s INJ token, allowing investors to gain exposure to the cryptocurrency and earn potential staking rewards. Meeting Demand for Specialized Blockchain Networks Digital asset investment management firm Canary Capital has launched an exchange-traded fund (ETF) based on Injective (INJ), providing investors exposure to the cryptocurren...

Chainalysis Breach Exposes Passwords and Tokens for All Users, Forcing Service Shutdowns - Blockchain analytics firm Chainalysis has disclosed that hackers accessed password hashes and active authentication tokens for all users of its platform, prompting the company to shut down several major services as it responds to an ongoing cyberattack. In its latest update, published Wednesday, Nov. 4, at 11 p.m. ET, Chainalysis said it discovered on Monday […]

BTCC Copy Trading Surpasses 680,000 Users, With Cumulative Copy Trading Earnings Exceeding $530 Million - GEORGE TOWN, Cayman Islands, November 5, 2026 — BTCC, the world’s longest-serving cryptocurrency exchange, announced that its Copy Trading feature has surpassed 680,000 users, with cumulative copy trading earnings of more than $530 million and over 236 million successful copy trades. First launched in 2023 on BTCC, the copy trading feature lets users automatically replicate […]

Thailand Targets Crypto Exchange Bitget With Criminal Complaint, Imminent Ban - Thailand’s securities regulator has filed a criminal complaint against the operator of the crypto exchange Bitget for running an unlicensed digital asset business, with plans to ban access within the country in December. Allegations of Unlicensed Operations Thailand’s Securities and Exchange Commission (SEC) has filed a criminal complaint against cryptocurrency exchange Bitget and a local […]

Reason

How Athlete Politicians and Sports Ballot Measures Fared on a Wild Election Day - Sports were on the ballot, both directly and indirectly with so many former athlete politicians running for office.

Midterms Massacre, Woke 2.0, Fan Fiction - Robby Soave and Christian Britschgi discuss the fallout from the 2026 midterm elections, the possibility of Woke 2.0, and the 2017 film The Death of Stalin.

Lawsuit Challenges Montana's New Ban on Corporate, Union, and Nonprofit Spending on Elections - The Institute for Free Speech argues that the measure circumvents the Supreme Court's Citizens United ruling and violates organizations' First Amendment rights.

Donald Trump Is Losing Young White Men Who Voted for Him - The administration has to think about doing something for this group beyond mere fan service.

Outgoing Speaker Mike Johnson Once Decried the Surveillance State. Then He Became One of Its Top Defenders. - Fights over FISA are inevitably political. Will the next speaker learn from Mike Johnson’s 180?

New Mexico Cop Charged With Taking Bribes Also Was Involved in a Bizarre Case of Drug War Infighting - Former sheriff's deputy Paul Jessen was convicted of obstructing justice because he tried to protect a confidential informant from the DEA.

Tax Cuts Won and Lost in the Midterms - Voters punished Republicans at the polls, but their appetite for lower taxes proved more complicated at ballot initiatives.

Declaratory Judgment + $275K in Attorney Fees in Settlement of N.H. "XX" Wristbands Case - The Institute for Free Speech, which litigated the case, reports on the settlement agreement: Take off the wristbands or leave.… The post Declaratory Judgment + $275K in Attorney Fees in Settlement of N.H. "XX" Wristbands Case appeared first on Reason Magazine.

Alabama Voters Put Pledge of Allegiance, School Prayer in the State Constitution - The amendment requires school boards to authorize student-led prayer in public schools, renewing questions about the separation of church and state.

Europe's Plot To End Americans' Online Anonymity - European regulators and NGOs are pushing their domestic speech laws and surveillance onto the American internet. But there's a way to fight back.

Tenth Amendment Center

This isn’t an Instruction Manual. It’s a Warning. How Empires Fall. - Collapse is self-inflicted: Benjamin Franklin knew the pattern all through history. In 1773, he wrote a masterpiece of biting satire - 20 rules for how a great empire destroys itself from within by making its own people see it as detestable. It was supposed to be a warning, but London completely ignored it and paid the price. Once you hear his “rules,” judge for yourself. Is this just another h...

Lost Cause: The Federal Government will Never Limit Itself - Going to the federal government to convince the federal government to limit its own power? That’s not just dumb strategy and a lost cause. It’s dangerous to the Constitution and liberty. On this episode, it’s James Madison’s blueprint for beating the feds without relying on the feds to magically limit their own power. Plus the right to keep and bear arms as the ultimate safeguard for freedom. T...

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...

Electronic Frontier Foundation

We’re Asking the Ninth Circuit to Hold Reverse Location Warrants Categorically Unconstitutional - Yesterday, along with the ACLU, EFF filed an amicus brief in the Ninth Circuit court of appeals in United States v. Spurlock, a case involving a “tower dump” warrant. These overbroad warrants require cellular providers to turn over location data about every phone in a given area at a given time. This is the first such case to be heard by a federal appeals court since the US Supreme Court ruled ...

Google Summaries Aren't About AI, They're About Lock-In - Whether they call it AI summaries, knowledge panels, or AMP, Google takes actions that are less about functionality and more about locking you into its own ecosystem. Knowing that makes it possible for all of us to choose better services than Google's, defeating their anticompetitive goal. In this case, as it is so often, knowledge is power.   In the old days, when dinosaurs roamed the earth an...

Postal Service Surveilled Protest Activities Online With Little Rules, Oversight - The U.S. Postal Service used social media surveillance to monitor and report on protests across the political spectrum, government records show. The records, disclosed to EFF and other requesters suing the postal service under the Freedom of Information Act, show that the agency’s internet Covert Operations Program, or iCOP, routinely sifted through social media posts organizing and discussing ...

The Institute For Justice - Press Releases

Institute for Justice Urges Clewiston to Scrap Protectionist Food Truck Restrictions - Today, the Institute for Justice (IJ) sent a letter to officials in Clewiston, Florida, warning that the city’s food truck ordinance violates the Florida Constitution.   […] The post Institute for Justice Urges Clewiston to Scrap Protectionist Food Truck Restrictions appeared first on Institute for Justice.

Swim Instructor Appeals to South Carolina Supreme Court After Columbia Banned Her Backyard Business - COLUMBIA, S.C.—Lifelong swim instructor Libby Souder is appealing to the South Carolina Supreme Court in her fight to resume offering her backyard swim lessons to […] The post Swim Instructor Appeals to South Carolina Supreme Court After Columbia Banned Her Backyard Business appeared first on Institute for Justice.

Public Interest Law Firm Calls on Nampa to Reconsider Unconstitutional Food Truck Crackdown - Two years after the Institute for Justice (IJ) first warned Nampa, Idaho, that its food truck rules were unconstitutional, the city is back with a […] The post Public Interest Law Firm Calls on Nampa to Reconsider Unconstitutional Food Truck Crackdown 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

GEAR Tickets Now Available: Gun Owners of America Launches New Outdoor and Overlanding Experience - FOR IMMEDIATE RELEASE October 30, 2026 GEAR Tickets Now Available: Gun Owners of America Launches New Outdoor and Overlanding Experience  New event brings together outdoor adventure, overlanding, industry innovation, and the freedom to explore.  Amarillo, TX — Gun Owners of America (GOA) is excited to announce that tickets are officially on sale for GEAR (Gun Owners Empowerment & Adventure Recr...

OH: Time is Running Out to Stop NFA Tyranny — TAKE ACTION - CALL THE HOUSE PUBLIC SAFETY COMMITTEE MEMBERS Cindy Abrams – Chair (R)  – (614) 466-9091 Kevin Miller – Vice Chair (R) – (614) 466-2500 Rodney Creech (R) – (614) 466-2960 Haraz Ghanbari (R) – (614) 466-8104 Thomas Hall (R) – (614) 644-5094 Matthew Kishman (R) – (614) 466-9078 Jeff LaRe (R) – (614) 466-8100 Phil Plummer (R) – (614) 644-8051 Bernard … Read more

SC: VICTORY: Alan Wilson Elected Governor of South Carolina! - Huge Victory for South Carolina Gun Owners: Alan Wilson Wins Governor’s Race! The election results are in, and gun owners across the Palmetto State delivered a resounding message at the ballot box: Alan Wilson has been elected the next Governor of South Carolina! Gun Owners of America was proud to endorse Alan Wilson, and today we celebrate a major victory … Read more

Banking Dive

Indiana banks to merge in $33M deal - The transaction, expected to close in the first half of 2027, would expand First Harrison’s footprint across southern Indiana and western Kentucky.

Citi employee is killed in shooting at Tampa office complex - A gunman drove through a fence on the bank’s campus, shot the worker, then exchanged fire with a security guard at a nearby cafeteria. The gunman is dead and four were injured.

Wells Fargo exec sees ‘now or never’ M&A attitude - Incoming Democratic majorities will prompt dealmaking urgency, said Wells corporate and investment banking CEO Fernando Rivas, who also discussed the bank’s approach to AI infrastructure financing.

Midterm results may curb bank-friendly legislation, analysts say - Democratic control “hurts the direction of travel in the bank space,” TD Securities analysts said in a note Wednesday.

OppFi withdraws regulatory applications to buy bank - The subprime lender’s CEO said the agreement to buy BNC National Bank “remains in effect.” But he cited a “lack of clearly articulated standards” from regulators.

American Banker

Fintech targets small-business niche that banks have spurned - LoanBud CEO Burke Purcell is seeking to boost what he calls a "massively underserved" market: providing financing to the buyers of small businesses with price tags of just $100,000 to $350,000.

Black banks' merger stays on track despite push to derail it - M&F Bancorp shareholders have signed off on a deal in which the Black-owned North Carolina bank would be acquired by Optus Financial. A third bank had tried to intervene with its own offer.

Chime puts out the welcome mat for external AI agents - The challenger bank will enable customers to use their own agents to engage with the company's internal AI, something many traditional banks have been reluctant to do.

Post-midterm rate rally: Prime pipeline borrowers to act now - Post-midterm bond rally cut the 10-year to 4.83% and Freddie's 30-year to 7.18%. Lenders should ready in-process borrowers, since rate dips spur fast demand.

OCC: Banks need strong controls when delegating to AI agents - The Office of the Comptroller of the Currency issued a new guidance telling bank examiners to apply existing supervisory standards to AI systems and to scale the level of scrutiny of a system to the potential consequences of its failure.

Bank of International Settlements

Pushing the monetary frontier: stablecoins and tokenised deposits - Speech by Mr Pablo Hernández de Cos, General Manager of the BIS, at the Jackson Hole Economic Symposium, 28 August 2026.

BIS residential property price statistics, Q1 2026 - Real global house prices declined by 1.2% year on year (yoy) in the first quarter of 2026.

Effective resolution strategies and plans for insurers – Executive Summary - The Key Attributes of Effective Resolution Regimes for Financial Institutions (Key Attributes) of the Financial Stability Board (FSB) require resolution plans to be developed for all financial institutions, including insurers, that could be systemically significant or critical upon failure.

Federal Reserve - Press Releases

Federal Reserve Board announces termination of enforcement action with Allegiant United Holdings, LLC, Nano Financial Holdings, Inc., and Nano Banc - Federal Reserve Board announces termination of enforcement action with Allegiant United Holdings, LLC, Nano Financial Holdings, Inc., and Nano Banc

Federal Reserve Board announces approval of application by The Bank of Nova Scotia - Federal Reserve Board announces approval of application by The Bank of Nova Scotia

Federal Reserve issues FOMC statement - Federal Reserve issues FOMC statement

FDIC - Press Releases

Press Release: Federal Bank Regulatory Agencies Release 2025 Small Business, Small Farm, and Community Development Lending Data - PRESS RELEASE | NOVEMBER 5, 2026 Federal Bank Regulatory Agencies Release 2025 Small Business, Small Farm, and Community Development Lending Data ...

Press Release: FDIC Issues List of Banks Examined for CRA Compliance - PRESS RELEASE | NOVEMBER 5, 2026 FDIC Issues List of Banks Examined for CRA Compliance WASHINGTON—The Federal Deposit Insurance Corporation (FDI...

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