Precious Metals and Market News

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Kitco News

Silver outperforms gold to test $80 as US-Iran talks drive metals volatility - Kitco PM Report - (Kitco News) - Spot gold prices were firmer and spot silver prices were sharply higher late Thursday, with traders balancing softer U.S. labor data against rising Treasury yields, oil volatility and another round of headlines tied to the Strait of Hormuz.

Coinbase launches GOLD-PERP and SILVER-PERP futures offering 24/7/365 metals trading and price discovery with 25x leverage - (Kitco News) – Coinbase, the second-largest cryptocurrency exchange by daily trading volumes and the largest in the United States, has launched gold and silver perpetual futures for eligible non‑U.S. traders, bringing two of the world’s most established store‑of‑value assets into the crypto derivatives ecosystem.

Gold and silver rally as crude slides on U.S.-Iran deal hopes - Kitco AM Report - (Kitco News) - Spot gold prices are firmer and spot silver prices are sharply higher in early U.S. trading Thursday, supported by lower crude oil prices, a softer U.S. dollar and lower Treasury yields as traders price in progress toward a U.S.-Iran deal that could reopen the Strait of Hormuz.

Spot gold near session high after U.S. weekly jobless claims rise to 200k - (Kitco News) - Gold prices were continuing to trade just off their earlier highs on Thursday morning following the release of better-than-expected labor market data after the number of Americans filing new claims for unemployment benefits were below economists’ forecasts.

Gold jumps above $4,690 as oil tumbles, Wall Street closes at fresh records - Kitco PM Report - (Kitco News) - Spot gold prices are sharply higher and spot silver prices are also strongly firmer late in North American trading Wednesday, as weaker-than-expected U.S. labor data, a softer oil market and renewed geopolitical uncertainty supported perceived safe-haven demand for precious metals.

Morgan Stanley sees gold prices climbing to $5,200 despite geopolitical volatility - (Kitco News) - The gold market is seeing some renewed momentum, with prices testing new resistance at $4,700 an ounce. While it still has some way to go to regain key price levels, one investment bank expects prices to eventually move higher.

Gold, silver rally on weaker dollar after crude collapses on Iran ceasefire hopes - Kitco AM Report - (Kitco News) - Spot gold prices are sharply higher and spot silver prices are also stronger in early U.S. trading Wednesday, as a weaker U.S. dollar, lower Treasury yields and a sharp pullback in crude oil prices revived buying across the precious metals complex.

Gold prices holding solid gains as ADP says 109k jobs created in April - (Kitco News) - Gold prices are off their overnight highs but are still holding on to robust gains as the U.S. labor market continues to lose momentum, with slightly fewer private-sector jobs created last month.

Gold drives above $4,700 as Iran peace progress weakens U.S. dollar, analysts warn risks remain - (Kitco News) - Progress on a potential peace agreement between the U.S. and Iran has shifted geopolitically sentiment and breathing new life into gold and silver; however with prices still below key resistance points some analysts warn that the precious metals aren’t out of the woods just yet.

Gold stabilizes as oil eases, equities close at records after mixed U.S. data - Kitco PM Report - (Kitco News) - Spot gold prices are firmer and spot silver prices are also higher late in North American trading Tuesday, supported by perceived bargain hunting after Monday’s sharp selloff as oil prices eased and U.S. equities closed at fresh records.

Zero Hedge

$16M Hospice Fraud Exposed In Newsom's California As Trump Admin Ramps Up Crackdown - $16M Hospice Fraud Exposed In Newsom's California As Trump Admin Ramps Up Crackdown Authored by Steve Watson via modernity.news, The Trump administration continues its aggressive push to root out waste and abuse in federal entitlement programs, exposing yet another layer of systemic fraud thriving in Gavin Newsom’s California.  A new investigation highlights a single attending ...

'Muslim-Only' Water Park Event Canceled By Texas City - 'Muslim-Only' Water Park Event Canceled By Texas City Authored by Tom Gantert via The Epoch Times (emphasis ours), A Texas city that had a Muslim-only celebration scheduled at a city-owned water park has said that the event would be canceled. Texas Gov. Greg Abbott speaks to the media at the Texas Capitol in Austin, Texas, on Aug. 22, 2025. Eric Gay/AP Photo “After further review...

"Existential": Israel Quadruples Foreign-Influence Budget To Massive $730M - "Existential": Israel Quadruples Foreign-Influence Budget To Massive $730M With the ranks of its foreign sympathizers plummeting all around the world and all across the political spectrum, the State of Israel is quadrupling its budget for so-called "public diplomacy," bringing its 2026 spending on foreign influence campaigns to a massive $730 million. With the country's growing un...

Vote Harder? Why Secession Is The Only Answer To The American Megastate - Vote Harder? Why Secession Is The Only Answer To The American Megastate Authored by Ryan McMaken via The Mises Institute, There are still some Trump supporters out there who continue to bill the Trump administration as some kind of great victory for the forces of populism against the “deep state.” A year into the second Trump administration, it is clear this is not a serious posit...

US Conducts New Iran Strikes Along Hormuz Corridor - Trump Says Warships Came Under Fire By 'Lunatics' - US Conducts New Iran Strikes Along Hormuz Corridor - Trump Says Warships Came Under Fire By 'Lunatics' Summary US military attacks Iran locations on southern coast, and allegations of UAE involvement; Explosions rock Abu Dhabi. CENTCOM says intercepted Iranian counterattacks. Iran says US violated ceasefire after Centcom targeted Iranian facilities responsible for attacks; ...

The Maps Are Moving: How A Supreme Court Ruling Turned The 2026 House Race Into A Republican Offensive - The Maps Are Moving: How A Supreme Court Ruling Turned The 2026 House Race Into A Republican Offensive A few short weeks ago House Democrats were riding high. They had spent tens of millions to win a Virginia referendum that promised up to four new seats. President Trump was struggling in the polls. The path to a House majority looked plausible. Yet in the span of roughly two week...

Dana White Says Society Is Failing Young Men, And The Backlash Proves His Point - Dana White Says Society Is Failing Young Men, And The Backlash Proves His Point Authored by David Manney via PJ Media, Dana White touched some nerves this week when he mocked modern concerns over toxic masculinity and warned that society is increasingly pushing young men aside. Cue the shrieks in 3...2...1...0 White's broader point, however, resonated with millions of American...

UN Climate Panel Quietly Admits Its Doomsday Climate Scenarios Were 'Implausible' - UN Climate Panel Quietly Admits Its Doomsday Climate Scenarios Were 'Implausible' The IPCC has published a new generation of climate scenarios - and buried in the fine print is a remarkable concession: the extreme warming pathways that dominated climate research, policy, and media coverage for decades were never actually plausible. It took a while to notice because almost no one in...

The Democratic Party Is Dead, Long Live The Jacobins! - The Democratic Party Is Dead, Long Live The Jacobins! Authored by Victor Davis Hanson via American Greatness, For the past century, the agendas of the Democratic Party were predictable. They professed concern for working Americans and supported blue-collar unions. Unemployment insurance, a 40-hour work week, disability insurance, and Social Security were their trademarks—often ra...

30 House Dems Demand US Confirmation That Israel Has Nuclear Arsenal - 30 House Dems Demand US Confirmation That Israel Has Nuclear Arsenal In the latest indication that Israel's position in American politics is growing increasingly shaky, a group of 30 House Democrats have co-signed a letter to Secretary of State Marco Rubio, demanding that the US government finally acknowledge the existence of Israel's nuclear arsenal. It's a milestone event: For de...

MarketWatch - Top Stories

Airbnb is seeing some of its fastest growth from this surprising segment - The travel app has seen some demand disruptions from the Iran war, but is showing early success with its recent pivot into offering hotel bookings

Cloudflare to cut 20% of staff in a big bet on AI. Investors aren’t sold. - The company’s stock falls as co-founders say the layoffs are “not a cost-cutting exercise.”

CoreWeave shares plunge. Revenue doubles but AI costs are rising. - Shares of CoreWeave fell 9% in after-hours trading as investors considered shrinking margins and lower-than-expected revenue guidance

There’s a new worry keeping Treasury yields and borrowing costs higher - Oil, the Iran war and inflation risks are putting a new floor under longer-duration Treasury yields

‘Americans are not great at managing money’: Social Security and Medicare saved my father from financial ruin - “There’s no way my dad and my mom paid enough into Medicare to cover my dad’s six months in long-term critical care.”

Rocket Lab’s stock rises upon new signs its business is expanding rapidly - The rocket maker said it signed more launch contracts last quarter than it did in all of last year.

‘The S&P 500 seems to be doing particularly well’: I’m 66. Is this a good time to invest $100,000 in the stock market? - “I own my home and I have no debt.”

A key sector has been AWOL from the stock-market rally. Investors should be worried. - The financial sector has been weak while the rest of the market rallies — something that happened before the last big bear markets.

Iren’s stock soars as a major Nvidia investment overshadows revenue shortfall - Nvidia is taking a major stake in Iren to build out a 5-gigawatt global footprint for its AI factory ambitions

SoundHound’s stock falls as acquisitions weigh on earnings results - The company said revenue would’ve grown more not counting its recent acquisitions, but analysts say they put SoundHound in a strong position.

CNBC Top News

U.S. and Iran trade fire in Strait of Hormuz; each claims other shot first - CENTCOM's statement does not mention the status of the U.S.-Iran ceasefire, which has already been frayed by repeated claims that its terms are being breached.

Cloudflare stock sinks 18% after earnings as company cuts 1,100 employees due to AI changes - The cloud provider announced it is laying off 20% of its workforce as agentic artificial intelligence "fundamentally changes" the company's work.

Here's what to expect from Friday's release of the April jobs report - The total picture is one of a labor market that, while undoubtedly cooling, is generally stable and resilient despite a number of challenges.

CoreWeave stock sinks 10% on weak revenue guidance, increased spending forecast - CoreWeave has been raising debt to finance its data center buildout, and S&P has boosted the company's credit rating.

Here's how the stock market may trade the April jobs report, according to JPMorgan - JPMorgan has a list of potential outcomes for the market, depending on what the critically important payroll report shows.

CNBC Economy

Here's what to expect from Friday's release of the April jobs report - The total picture is one of a labor market that, while undoubtedly cooling, is generally stable and resilient despite a number of challenges.

There's 'no chance' Warsh will be able to get the Fed to cut rates, Paul Tudor Jones says - "Do I think he'll cut rates? No chance," Jones said during a wide-ranging CNBC "Squawk Box" interview.

Surging gas prices are hitting lower-income households harder, New York Fed study shows - Lower-income consumers are compensating for higher gas prices by buying less.

Private payrolls rose by 109,000 in April, topping expectations, ADP says - The report provided more evidence of a stable labor market and less incentive for the Fed to lower interest rates.

Aluminum prices are surging. Here's how companies are handling the costs - Aluminum's surge since the start of the Iran war is creating cost pressures for some of America's largest companies.

GATA

Hungary returns to Ukraine a seized cash and gold shipment worth $82 million - By Justin SpikeAssociated PressWednesday, May 6, 2026 BUDAPEST, Hungary -- A shipment of Ukrainian cash and gold worth around $82 million that Hungary seized earlier this year has been returned to Ukraine's state Oschadbank, President Volodymyr Zelenskyy said today. The seizure of the valuables, which were being transported through Hungary by two armored cars when Hungarian counter-terrorism au...

Standstill in India's gold imports drags on, threatening supply - By Preeti Soni, Yihui Xie, and Vignesh RadhakrishnanBloomberg Newsvia The Times of India, MumbaiWednesday, May 6, 2026 Indian banks have been unable to import gold and silver for five weeks, an unusually long halt that’s pushing up domestic prices and threatening shortages in the world's second-biggest bullion market. ... Dispatch continues below ... ... ADVERTISEMENT ... Fisher Precious Metal...

David Fickling: China's defiance of sanctions heralds a post-dollar world - By David FicklingBloomberg NewsTuesday, May 5, 2026 The fight over U.S. sanctions on China's oil refining companies is being framed as a battle over high principles. In fact, it's about raw power. Beijing on Saturday ordered five domestic refiners to ignore U.S. restrictions announced last month over their alleged connection to trade in Iranian oil. Those clashing legal mandates potentially cre...

Alasdair Macleod: Why does gold fall as the world cracks up? - 8:23a ET Wednesday, May 6, 2026 Dear Friend of GATA and Gold: In his financial newsletter yesterday, economist and monetary metals advocate Alasdair Macleod addressed a mystery recently haunting gold investors.  He begins: "Why goes the gold price fall when war risk increases, and rise when tension relieves? And if oil goes up, why is that bad for gold? This is the opposite of what should happe...

Mozambique weighs swapping dollar debt for yuan debt - By Tavares CebolaBloomberg NewsTuesday, May 5, 2026 Mozambique is considering converting the $1.4 billion it owes China into renminbi loans as part of a debt restructuring with its biggest bilateral creditor, in line with similar moves by other African sovereign borrowers. "This is usually a possibility that the cooperation partner raises," the finance ministry said in response to questions at ...

Wolf Street

Construction Spending on Data Centers, Factories, Chip Plants, Powerplants, Office Buildings: Boom one End, Bust the Other - AI investment mania and the second wave of semiconductor plants.

Housing Market’s Crucial “Spring Selling Season” Is in Tatters - For the 4th year in a row: Normal-ish mortgage rates, too-high prices, and the "lock-in effect" from the Fed’s reckless interest-rate repression.

New Single-Family Home Prices Drop Further amid Inventory Glut. But Lower Prices Beget Higher Sales - Inventory in the South still sky-high, up 60% from March 2019. But homebuilders understand what it takes: lower prices and big incentives.

CoinDesk

Coinbax wins $20,000 PitchFest prize at Consensus Miami for stablecoin compliance - Coinbax took the top spot at Consensus Miami with software built to add compliance controls to onchain payments.

Privacy and accountability can coexist onchain, say panelists at Consensus Miami - Public blockchains make transactions traceable, but that transparency can come at the expense of user privacy. Speakers from Moody’s Ratings and ChangeNOW said that hybrid blockchain architecture and address-level monitoring can help solve both problems simultaneously.

AI agents and large corporates will lead the next stablecoin boom, executives say - Stablecoins are entering a new phase of adoption, with large corporations using them for cross-border treasury flows while AI agents begin using blockchain rails for autonomous payments, Bridge and Deus X Capital executives said at Consensus 2026.

Coinbase stock declines 5% after missing Q1 estimates on crypto slowdown - The crypto platform missed on the top and bottom lines as falling digital asset prices weighed on trading activity and investor sentiment.

CZ floats Binance.US revival to give U.S. users access to global crypto liquidity - The Binance founder said BNB Chain is the optimal payments rail for automated transactions between AI agents, noting that U.S. crypto policies are improving.

Tether executive warns the 2026 midterms could have 'seismic impact' on crypto industry - Jesse Spiro, Head of Government Affairs at Tether, said at Consensus Miami 2026 that the midterms will be a key test for whether crypto’s recent policy gains in Washington can survive politically.

Bitmine to slow down ether purchases as it nears accumulation goal, Tom Lee says - At the current pace of purchases, Lee said his Ethereum treasury giant would reach its 5% ether accumulation goal in six weeks, then shift its focus to staking and share buybacks.

'DeFi is not dead,' it’s going mainstream with AI agents, crypto executives agree - DeFi and its underlying technology have already proved themselves at scale, said eToro CEO Yoni Assia.

Donald Trump Jr. denies rumors World Liberty Financial is falling apart - World Liberty Financial co-founder Donald Trump Jr. and co-founder and CEO Zach Witkoff pushed back on recent online rumors as the crypto firm battles Justin Sun in court.

Amazon’s new AI wallet: AWS, Coinbase, and Stripe build payment rails for bots - Amazon said AI agents for now will be allowed to buy APIs, web content and other online services, but that future versions would enable hotel bookings, travel reservations and payments to merchants.

bitcoin.com

Coinbase Reports 8.6% Record Market Share and $200 Million Derivatives Revenue - Coinbase reported record crypto market share as derivatives, stablecoins, and on-chain products gained traction. The company posted $202 billion in quarterly trading volume and said retail derivatives annualized revenue topped $200 million. Coinbase Hits Record Market Share as Derivatives Revenue Tops $200 Million Coinbase Global Inc. (Nasdaq: COIN) reported on May 7 that its first-quarter […]

Kalshi Hits $22 Billion Valuation After Massive $1 Billion Series F Funding Round - The leading prediction market closed its Series F funding round, led by Coatue, to reach institutions, which are Kalshi’s next target audience. The move comes as the company reported an astounding rise in annualized volume, going from $52 billion to $178 billion over the last six months. Kalshi Closes Series F Funding Round, Reaches $22 […]

California Man Gets 6½ Years as FBI Ties $250M Crypto Heists to Home Burglaries - A federal court has sentenced a California man to 78 months in prison for his role in a social engineering conspiracy that authorities say stole more than $250 million in cryptocurrency. The ‘Instrument of Last Resort’ A U.S. federal court has sentenced a California man to 6 1/2 years in prison for his role in […]

CLARITY Act Draft Circulates Ahead of Potential Senate Vote, Report - Senate Banking Committee action on the CLARITY Act is reportedly moving closer, with draft text circulated to select industry members before a potential Thursday vote. Unresolved bracketed sections, stablecoin rewards, and ethics restrictions remain central issues. Senate Banking Draft Moves Toward Thursday Committee Vote The Senate Banking Committee is reportedly moving closer to action on […]

Eric Trump at Consensus 2026: Why Big Finance’s Crypto Shift is Just the Beginning - Eric Trump has hyped the future of the crypto market, stressing that cryptocurrency is being adopted by large Wall Street companies like Merrill Lynch, Charles Schwab, and JPMorgan. In parallel, Trump also stated that digital assets democratized finance for everyday people. Eric Trump Predicts Explosive Growth of the Crypto Market While the cryptocurrency industry has […]

Reason

Federal Court: Trump's Newest Tariffs Are Also Illegal - Trump's use of Section 122 ignored the plain language of the law and invoked a broad executive power where Congress clearly provided a narrow one.

US Court of International Trade Rules Against Trump's Section 122 Tariffs - The 2-1 decision concludes Trump's massive new tariffs are illegal because there is no "balance of payments deficit" of the kind needed to authorize them.

Expect the Data Center Backlash To Get Worse - Despite their limited negative externalities and extreme economic importance, people's hatred of data centers is only growing.

Important Takings Challenge to Los Angeles Historic Preservation Law "Monument" Designation - Historic preservation laws often violate constituitonal property rights, and block construction of new housing.

Did The New York Times Discriminate Against a White Male Employee? - Read the Equal Employment Opportunity Commission lawsuit here.

DHS Reportedly Weighs Closing Florida's 'Alligator Alcatraz' Over Mounting Costs - Sources say the immigration detention center costs more than $1 million a day to run.

Pastor Found Guilty of Violating U.K. Speech Laws for Preaching John 3:16 Sermon Near Hospital - Clive Johnston's conviction marks the first of its kind under buffer zone laws involving speech entirely unrelated to abortion.

DOJ Challenges Denver's 'Assault Weapon' Ban and Colorado's Magazine Limit - Assistant Attorney General Harmeet Dhillon argues that both laws violate the Second Amendment by banning arms in common use for lawful purposes.

Why Oil-Rich Alberta May Secede From Canada - Economic grievances and political alienation are fueling a separatist movement in the Canadian province just north of Montana.

How the Declaration of Independence Captured American Hearts and Minds - [This post is excerpted from the new book, National Treasure: How the Declaration of Independence Made America (Avid Reader Press/Simon… The post How the Declaration of Independence Captured American Hearts and Minds appeared first on Reason.com.

Cato Institute

Exceeding Powers or Abusing Them? - The absence of a judicial remedy is not a verdict that no wrong has been done.

How Measurement Choices Shape the Housing Debate—and the Charts in the President’s Economic Report - Policymakers should be wary of solutions built on a misleading diagnosis. In housing, as in economics more broadly, how you measure the problem often determines how poorly you solve it.

AI Pre-Approval Proposal Could Hand Washington a Kill Switch Over Speech and Innovation - Establishing a pre-release review or licensing regime for AI companies would grant the government, particularly the executive branch, significant control over AI technologies that could hinder innovation or control expression. The costs of technological and economic development would be onerous. But the impact it could have on AI-powered speech and content creation could be even worse.

From Cynicism to Change: Reflecting on One Year Since My Congressional Testimony - This experience underscores Cato’s unwavering commitment to constitutionally limited government and showcases our willingness to partner with anyone who shares the goal of making that vision a reality.

The Pentagon's Retaliation Campaign Against Senator Kelly Is Unconstitutional - Senator Mark Kelly appeared in a video reminding servicemembers that they can refuse illegal orders. In retaliation, the Pentagon threatened to revoke Kelly’s military benefits. Such punishment for protected speech violates the First Amendment.

Tenth Amendment Center

Founding Felons: Jefferson Would Be on a Watch List Today - What we’re dealing with today is a government that wants to suppress dangerous words—words about its warring empire, words about its land grabs, words about its militarized police, words about its killing, its poisoning and its corruption—in order to keep its lies going. The post Founding Felons: Jefferson Would Be on a Watch List Today appeared first on Tenth Amendment Center.

This Isn’t Anti-American. It’s a Right and a Duty. - “Alter or abolish” Despite those words in the Declaration of Independence, the establishment today would have you believe that any effort to resist their power is “anti-American.” But they have it backwards. On this episode - it’s the founders’ framework, the right to “provide new guards” - and when that rises to the level of duty. The post This Isn’t Anti-American. It’s a Right and a Duty. app...

The Most Dangerous “Weapon” We Face - Ignoring the limits of the Constitution because you don’t like the results you’ll get? George Washington called that a WEAPON to destroy freedom. The post The Most Dangerous “Weapon” We Face appeared first on Tenth Amendment Center.

Electronic Frontier Foundation

Milestone 1.0.0 Release of APK Downloader `apkeep` Powers Research on Android Apps - Last week, we released apkeep version 1.0.0, the latest edition of our command-line Android package downloading software. Rather than indicating major changes for the project, this milestone instead signifies arriving at a relatively stable and mature place after gradual iteration on the project over the course of over four years. What’s New in 1.0.0 We do have a few fresh features we’ve packed...

👎 California's Terrible, No Good, Very Bad Social Media Ban | EFFector 38.9 - We'd all like the internet to be a better place—for kids and adults alike. But in the name of online safety, governments around the world are racing to impose a dangerous new system of control. Are age gates the silver bullet to the internet's problems they're being promoted as? Or are we being sold a bill of goods? We're answering this question and more in our latest EFFector newsletter. JOIN ...

The SECURE Data Act is Not a Serious Piece of Privacy Legislation - The federal SECURE Data Act is not a serious consumer privacy bill, and its provisions—if enacted—would be a retreat from already insufficient state protections. Republicans on the House Energy and Commerce Committee released a draft of the bill late last month without bipartisan support. The bill is weaker than congressional proposals in prior years, as well as most of the 21 state consumer pr...

The Institute For Justice - Press Releases

Institute for Justice Promises to Continue Fight for Privacy Rights After Legislation on Automated License Plate Readers Fails to Advance - Arlington, Va.—Today, Colorado State Sens. Judy Amabile and Lynda Zamora Wilson announced that their bill, SB26-070, will not be moving forward this year. The bill, […] The post Institute for Justice Promises to Continue Fight for Privacy Rights After Legislation on Automated License Plate Readers Fails to Advance appeared first on Institute for Justice.

Supreme Court to Hear Family Farm’s Case Challenging Agency Court that Acts as Prosecutor, Judge and Jury - WASHINGTON—The U.S. Supreme Court will consider a lawsuit challenging the constitutionality of courts where agency employees serve as prosecutor, judge, and jury. The government petitioned […] The post Supreme Court to Hear Family Farm’s Case Challenging Agency Court that Acts as Prosecutor, Judge and Jury appeared first on Institute for Justice.

Equine Body Work Teachers Sue State of Wisconsin in Federal Court for Violation of First Amendment Right to Occupational Speech - MADISON, Wis.—Jim Masterson has been working with animals for almost 30 years. It’s more than just a job for him; it’s a passion he’s had […] The post Equine Body Work Teachers Sue State of Wisconsin in Federal Court for Violation of First Amendment Right to Occupational Speech 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

NH: Senators Must Deliver on Campus Carry TOMORROW - New Hampshire gun owners are hearing disturbing rumors that another so-called “gun rights advocacy” organization is preparing to hand out A+ endorsements to lawmakers regardless of whether or not they actually support Campus Carry. That is unacceptable. If politicians want the support of gun owners, they need to earn it by taking real votes to defend the Second Amendment, not by hiding behind e...

PA: URGENT: Constitutional Carry VOTE Tomorrow! (05/06/2026) - Your action is required right away! TOMORROW, the Senate Judiciary Committee is scheduled to take up Senate Bill 357—the Constitutional Carry bill. Sponsored by our longtime ally, Senator Chris Dush, SB 357 would finally recognize that your right to protect yourself and your family is not a privilege granted by the government. Rather, it is a GOD-GIVEN RIGHT enshrined in … Read more

PA: SB 822, Strengthen Preemption, Heads to Senate Floor - Accountability is coming for Rogue Cities (SB 822 Update) Your relentless pressure worked! The Senate Local Government Committee reported SB 822 on a 7-3 vote today. This brings us one massive step closer to strengthening Pennsylvania’s firearms preemption law and holding lawless local governments accountable. For years, “gun grabbers” in cities like Philadelphia and Pittsburgh have treated our...

Banking Dive

Dive Deposits: Citi prepares for a small-t transition - After a massive reorg, a tech revamp and exits from a dozen foreign markets, an updated target for return on tangible common equity may feel “underwhelming.” But Citi may be embracing incremental change.

Fed to launch roundtable to fight payment fraud - The Federal Reserve sees a rising threat of payment fraud and wants to collaborate with other agencies to stop it, a Fed vice chair said.

U.S. Bank takes ‘quieter’ approach to branch expansion - The bank is prioritizing branch density and working to fix “unevenness” across its 26-state footprint. But it hasn’t committed to a specific number of branch builds.

Banking’s biggest names are talking about Mythos - The Federal Reserve is considering effective supervisory approaches for Anthropic’s emerging AI model. JPMorgan Chase CEO Jamie Dimon said he thinks people need a chance to assess and mitigate its risks.

Hacktivist group stole Chime customer information, lawsuits allege - Three separate lawsuits allege that a hacker group known as Team 313 stole personal information from Chime customers when it attacked the fintech’s systems April 1.

American Banker

US Bank, CoBank, Rocket share AI use cases at AWS event  - The lenders' examples of using generative artificial intelligence were more practical than transformational, but in any case data challenges represent a common problem.

Exclusive: Warren says OCC rule limits oversight to 5 banks - Sen. Elizabeth Warren, D-Mass., the ranking member of the Senate Banking Committee, warned in a letter to the Office of the Comptroller of the Currency Thursday that its proposed rollback leaves regional banks dangerously unsupervised.

Colorado house passes interchange ban on local taxes - The measure, sent Thursday to the governor's desk, would mark the second state ban on interchange fees and could inform an ongoing bank-led legal challenge to a similar Illinois law.

Bankruptcy filing ties Tieks CEO to Aspiration scheme - An April 20 bankruptcy filing accuses Kfir Gavrieli of recruiting friends, family and his synagogue to sign sham contracts that inflated Aspiration's revenue.

What risks do banks, credit unions face from BNPL? - Research from American Banker shows that at least a quarter of all respondents see BNPL as a credible threat to credit card revenue.

Bank of International Settlements

CPMI-IOSCO consultation on updated guidance and public disclosures to implement initial margin proposals - Consultative report by the BIS Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO).

Poonam Gupta: Inflation targeting in India - the past, the present and the future - Speech by Dr Poonam Gupta, Deputy Governor of the Reserve Bank of India, at Joint Seminar and Discussion "India's inflation targeting framework' and 'regional economic outlook for Asia and Pacific", National Council of Applied Economic Research (NCAER), New Delhi, 5 May 2026.

Michelle W Bowman: A coordinated approach to consumer fraud protection - Speech by Ms Michelle W Bowman, Vice Chair for Supervision of the Board of Governors of the Federal Reserve System, at the 2026 Women in Housing and Finance Symposium, Washington DC, 5 May 2026.

Federal Reserve - Press Releases

Agencies issue host state loan-to-deposit ratios - Agencies issue host state loan-to-deposit ratios

Federal Reserve issues FOMC statement - Federal Reserve issues FOMC statement

Federal Reserve Board announces approval of application by OceanFirst Financial Corp. - Federal Reserve Board announces approval of application by OceanFirst Financial Corp.

FDIC - Press Releases

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

Press Release: Anchor Bank Assumes Insured Deposits of Community Bank and Trust - West Georgia, LaGrange, Georgia - PRESS RELEASE | MAY 1, 2026 Anchor Bank Assumes Insured Deposits of Community Bank and Trust - West Georgia, LaGrange, Georgia WASHINGTON—Commun...

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