Precious Metals and Market News

Bulls in control on Wall Street and Main Street after gold’s solid showing, with inflation, retail sales, and Warsh vote on deck - The latest Kitco News Weekly Gold Survey showed two-thirds of Wall Street and Main Street back on the bandwagon for next week after gold’s solid showing.

Central banks are still hungry for gold - (Kitco News) - Gold’s rally may be stuck in neutral for now, but central banks continue to send a clear signal to the market: they remain committed buyers on price weakness, even amid volatile economic conditions.

Gold, silver climb as U.S. data keep Fed path mixed - Kitco PM Report - (Kitco News) - Spot gold and silver finished firmer after the U.S. data mix showed stronger job creation, steady unemployment and weakening household sentiment. At the time of writing, spot gold was trading near $4,716.20 an ounce, up 0.65% on the session, while spot silver was at $80.300, up 2.57%.

Gold rebounds above $4,700 as investors look past Middle East tensions - (Kitco News) - After two weeks of losses, the gold market has managed to gain some bullish traction, pushing back above $4,700 an ounce.

Gold stock weakness may create M&A openings as producer cash flow rises - John Feneck - (Kitco News) - Weakness in gold and mining equities since early March is exposing a gap between rising producer cash flow and lagging share prices, a divergence that could support consolidation as miners look to replace reserves and add growth, according to John Feneck, founder and CEO of The Feneck Commodities Report.

Kosovo’s central bank is buying gold for the first time in its history - (Kitco News) - Central bank demand has played a key role in supporting gold prices at elevated levels. While the market has been dominated by a few key players, demand continues to broaden as the Central Bank of the Republic of Kosovo jumps into the market.

China and other central banks continue to buy the dip in gold - (Kitco News) - Gold prices continue to trade in elevated territory, holding new support above $4,700 an ounce, and some analysts have noted that downside risks for the precious metal remain limited as central bank demand continues to provide solid support.

Spot gold hits session high after preliminary Consumer Sentiment drops to 48.2, one-year inflation expectations dip to 4.5% - (Kitco News) - The gold market is trading near its highs after the latest data showed consumer sentiment in the U.S. declining, while inflation expectations pulled back from last month’s one-year highs.The University of Michigan announced on Friday that the preliminary reading of its Consumer Sentiment survey for May was 48.2. The data was worse than expectations, as the consensus forecast...

Gold, silver extend gains as payrolls beat forecasts - Kitco AM Report - (Kitco News) - Spot gold prices are firmer and spot silver prices are sharply higher in early U.S. trading Friday, with metals holding gains after the April jobs report came in above expectations.

Gold prices catch a solid bid after U.S. economy created 115k jobs in April - (Kitco News) - The gold market is attracting new bullish momentum as prices hold support near $4,700 an ounce, but analysts warn that the precious metal could see renewed selling pressure as the U.S. labor market remains relatively healthy, with the economy creating more jobs than expected in April.

We're "Ending The Days Of Hiding Fraud": Bessent Goes After Dark Money In Nonprofits - We're "Ending The Days Of Hiding Fraud": Bessent Goes After Dark Money In Nonprofits Authored by Stu Cvrk via American Greatness, On April 23, the US Treasury Department announced that the IRS plans to revise Form 990—the annual information return filed by tax-exempt organizations—to improve transparency and strengthen oversight, specifically targeting reporting on government con...

Traders Puzzled As Physical Oil Prices Tumble Amid Surging Chinese Crude Sales, Plunging Imports - Traders Puzzled As Physical Oil Prices Tumble Amid Surging Chinese Crude Sales, Plunging Imports Yesterday when discussing China's unexpected flip-flopping on its decision to order local banks to ignore the latest US sanctions on Chinese, followed days later by a demand that they pause loans to sanctions refiners, we highlighted something remarkable: in the aftermath of the Strait ...

US To Revoke Passports Of People Who Owe 'Significant' Child Support - US To Revoke Passports Of People Who Owe 'Significant' Child Support Authored by Jack Phillips via The Epoch Times (emphasis ours), The Department of State announced on May 7 that it would revoke the U.S. passports of parents who are significantly behind on child support payments. The department said it would work with the Department of Health and Human Services (HHS) to revoke...

NJ Transit Cuts World Cup Train Fare After Backlash Over $150 Ticket Price - NJ Transit Cuts World Cup Train Fare After Backlash Over $150 Ticket Price After getting roasted over its $150 World Cup train fare, NJ Transit is backing off, lowering the roundtrip ticket to $105 for rides between Penn Station and MetLife Stadium, according to Bloomberg. The agency had defended the original price as necessary to handle massive game-day crowds, with roughly 40,00...

Redistricting Battles Heat Up After Supreme Court Ruling - Redistricting Battles Heat Up After Supreme Court Ruling Authored by Jackson Richman via The Epoch Times, The U.S. Supreme Court’s recent landmark ruling on redistricting has prompted lawmakers in multiple states to reconsider their electoral maps ahead of the 2026 midterms. The decision, issued on April 29, focused on a congressional map that Louisiana drew after a lower court...

Massive Oil Slick Spotted Off Iran's Kharg Island, Cause Unknown  - Massive Oil Slick Spotted Off Iran's Kharg Island, Cause Unknown  An apparent large oil spill spanning dozens of square miles of sea has been spotted off of Iran's main oil hub of Kharg Island, according to open source satellite imagery and reporting in both the NY Times and Reuters on Friday. The reports cite images from Copernicus's Sentinel-1, Sentinel-2, and Sentinel-3 satelli...

'An Epic Madness Burns In The Minds of Californians...' - 'An Epic Madness Burns In The Minds of Californians...' Authored by James Howard Kunstler, The California Death Trip “History records no pity for parties that choose purity over competence, vengeance over vision, pathology over pragmatism. The long night is not coming. It is here. . . . ” - LHGrey on X The Pacific Palisades fire ignited on January 7, 2025, in the very last d...

Toyota And Honda See Sharp Declines In Profit Amidst Iran War Pressures, Spiking EV Costs - Toyota And Honda See Sharp Declines In Profit Amidst Iran War Pressures, Spiking EV Costs Toyota expects a sharp decline in profit as rising material and shipping costs tied to the Iran conflict pressure its business, according to Bloomberg.  The automaker projected operating income of ¥3 trillion for the fiscal year ending March 2027, well below both analyst expectations of ¥4.6 ...

Trump Gets Diplomatic Win In Ukraine War, 3-Day Ceasefire Declared For Russia's V-Day - Trump Gets Diplomatic Win In Ukraine War, 3-Day Ceasefire Declared For Russia's V-Day President Trump announced Friday that the leaders of Russia and Ukraine have agreed to his request for a three-day ceasefire and a major prisoner swap. He hailed in a Truth Social post that this could be the "beginning of the end" of the long war between them. He specified that the ceasefire woul...

Minnesota Democrats Unanimously Vote To Protect Rep. Ilhan Omar... And Dead Voters - Minnesota Democrats Unanimously Vote To Protect Rep. Ilhan Omar... And Dead Voters Authored by Eric Utter via AmericanThinker.com, Minnesota Senate Democrats recently voted - unaminously - against removing deceased persons from the state’s voter rolls. This tracks with the fact that almost 100% of dead people vote for Democrats, making them Democrats’ most loyal voting bloc, even...

‘It saved my relationship with my mom.’ These money managers may help if you’re feeling overwhelmed helping your parents pay their bills. - An extra set of eyes on these kinds of tasks can help people remain independent longer

Dunkin’ is making its return to the stock market — with a new twist - Inspire Brands — which owns Dunkin’, Arby’s and other chains — has confidentially filed for an IPO.

Gold has climbed back above a key trend line. Are more gains on the way? - Gold broke above an important short-term technical level on Friday — a sign that the precious metal may be starting to regain momentum after a sluggish stretch since the start of the Iran conflict.

No do-overs: How one extra dollar on your Roth conversion triggers a tax bill you won’t see coming - The new Roth reality: Stealth taxes and Medicare penalties make the stakes higher than ever.

AMD, Micron shares surge on a big day for chip-sector outperformance - There’s been a dramatic “return to AI data-center optimism,” one analyst notes.

Ageism is corporate self-sabotage — America’s ‘brain drain’ is costing shareholders billions - Discarding experienced workers isn’t a strategy — it’s short-sighted thinking that AI won’t fix.

‘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.”

I am 56, single, and renewing my $400,000 10-year term life policy. Am I making a huge mistake? - “The agent said he could not add my brother because he does not depend on my income, so has no insurable interest.”

Intel’s stock achieves a never-before-seen feat as Apple enthusiasm builds - Intel is in the midst of transforming its business, with shares rising 14% on Friday following news of a new Apple manufacturing partnership.

Kevin Warsh is right about Fed reform — but his inflation solution is a trap - Warsh’s belief that AI is a guaranteed disinflationary force could trigger premature rate cuts.

U.S. payrolls jump more than expected, but the report had several red flags for the economy - Nonfarm payrolls were expected to increase by 55,000 in April, according to the Dow Jones consensus.

The Federal Reserve is quickly running out of reasons to cut interest rates - Friday's jobs report provided evidence that the central bank's larger concern is a cost of living that is getting increasingly hard to bear.

Wall Street sees 'changing of the guard in AI' as Intel, AMD shares soar while Nvidia lags - Intel, AMD and Micron surged double digits this week as investors bet on CPU makers and memory companies powering the next stage of AI

Intel shares soar on Apple chip deal report. Here's why it signals a total pivot for chipmaking - Samsung, Intel and Taiwan Semiconductor are the only three companies in the world capable of manufacturing the most advanced chips needed for AI.

The Trump-Xi summit is the next major deadline for investors awaiting a resolution to the U.S.-Iran war. Here's what's ahead - Trump's apparent determination to wrap up the fighting in Iran is part of the reason why the stock market has been unruffled by the ongoing conflict.

The Federal Reserve is quickly running out of reasons to cut interest rates - Friday's jobs report provided evidence that the central bank's larger concern is a cost of living that is getting increasingly hard to bear.

Consumer sentiment falls to fresh record low in May as surging gas prices hit outlook - Surging gas prices due to the Iran war sent consumer sentiment to a new low in the early part of May.

U.S. payrolls jump more than expected, but the report had several red flags for the economy - Nonfarm payrolls were expected to increase by 55,000 in April, according to the Dow Jones consensus.

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.

Japan to keep intervening to defend 160-per-dollar level, ex-BOJ official says - By Leika KiharaReutersThursday, May 7, 2026 TOKYO -- Japan likely intervened during the Golden ​Week holidays and will step back into the market if the yen renews its slide below the psychologically ‌key 160-per-dollar level, Atsushi Takeuchi, a former central bank official who took part in Tokyo's market forays a decade ago, told Reuters. ... Dispatch continues below ... ... ADVERTISEMENT ......

Alasdair Macleod: Is the silver bull back? - By Alasdair MacleodGoldMoney, TorontoFriday, May 8, 2026 Notably in silver, bear squeeze conditions were evident this week. The likelihood of the bull market returning is now strengthened, particularly given gold's improving prospects. The classic conditions for a bear squeeze are a combination of bearish trader consensus and an unexpected rise in the price, leading to shorts being squeezed int...

Real metal keeps moving to Shanghai, silver severely underpriced, Maguire tells LFTV - 9p ET Thursday, May 7, 2026 Dear Friend of GATA and Gold (and Silver): Answering viewer questions on this week's edition of Kinesis Money's "Live from the Vault" program, London metals trader Andrew Maguire says physical gold and silver trading continues to move away from New York and London to Shanghai, Shanghai prices show silver is severely underpriced in the West, and a spike in silver pric...

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...

Weirdest U.S. Labor Market I’ve Ever Seen: Supply of Labor Shrinks Further while Private-Sector Jobs Grow - Federal government sheds more jobs, now down to 1966 levels. This labor market isn’t bad, just weird.

Prices of Used EVs Spike, from already Lofty Levels, as Gasoline Prices Spike. But Electricity Prices also Soared - High gasoline prices tilt operating costs in favor of EVs. But soaring electricity prices eat into that math.

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.

Coinbase rebounds as altcoins surge with bitcoin holding above $80,000 - Tokenization and digital asset-infrastructure stocks climbed as SEC Chair Paul Atkins signaled support for onchain finance rules.

AI agents fueled a frenzy of startup building at the Consensus Miami EasyA hackathon - Nearly 1,000 developers competed at the venue, from ecosystems like Base, Solana, and others arriving from companies like Microsoft and Google, most racing to build products around the theme of AI agents.

SEC chair Atkins signals new rules for onchain markets, AI-driven finance - The SEC chair linked the rise of AI-powered financial systems with growing demand for blockchain-based market infrastructure and automated settlement.

Kraken parent goes for the OCC charter in bid to become a federal crypto bank - Payward’s application would add a federally regulated trust company to the Kraken group’s existing Wyoming bank charter and Fed master account.

ECB's Lagarde’s digital euro warning: Why Europe shouldn’t just copy the U.S. stablecoin model - Lagarde warned that large stablecoins like Tether and USDC, which now dominate a $310 billion market, pose financial stability risks and could transmit stress to underlying asset markets during periods of turmoil.

XRP pushes toward $1.40 as tightening range lowers breakout chances - Price moved higher on a late volume burst, with traders watching whether compression near $1.39-$1.40 finally resolves into a larger move.

CoinDesk 20 performance update: NEAR Protocol (NEAR) gains 6.3%, leading index higher - Internet Computer (ICP), up 5.8% from Thursday, was also a top performer.

Stablecoins have their 'permission slip.' Now comes the hard part. - Executives from MoonPay, Ripple and Paxos said at Consensus Miami 2026 that regulation has accelerated stablecoin adoption, but infrastructure, privacy and distribution remain major hurdles.

Coinbase bulls point to crypto legislation and stablecoins after earnings miss - Analysts say Coinbase’s long-term growth may depend more on stablecoins and U.S. crypto legislation than a rebound in trading activity.

U.S. added 115K jobs in April, nearly doubling expectations - The data comes ahead of what's expected to be a new Federal Reserve chairman taking the reins at the U.S. central bank later this month.

Tether Sues Titan Holding in Brazil to Recover $300 Million Defaulted Loan - The largest stablecoin company lent $300 million to Titan Holdings in March 2025, part of the Master conglomerate, now involved in one of the largest financial frauds in Brazilian history. The loan was made by Tether Investments, Tether’s VC arm. Tether Introduces Lawsuit to Recover $300M Borrowed to Master Conglomerate Tether has introduced a lawsuit […]

Anthropic Targets $1T Valuation as Investors Chase Claude’s Enterprise Growth - AI startup Anthropic is weighing a historic $50 billion funding round this summer that could value the company at $900 billion, potentially overtaking rival OpenAI. Closing the Gap with OpenAI Anthropic is reportedly considering raising tens of billions of dollars as early as this summer to fund a sweeping expansion of its computing infrastructure. The […]

Solv Protocol and Re Switch to Chainlink CCIP, Moving Nearly $1B Away From Layerzero - Three decentralized finance ( DeFi) protocols managing nearly $1 billion in combined assets have moved or are actively moving their cross-chain infrastructure from Layerzero to Chainlink’s Cross-Chain Interoperability Protocol (CCIP), highlighting a broader push toward different bridging standards. Three DeFi Protocols Pull Nearly $1B From Layerzero After $292M April Exploit Solv Protocol annou...

Venezuela Upholds Crypto Mining Ban as Power Demand Hits 9-Year Peak - The Venezuelan government reiterated a nationwide ban on cryptocurrency mining as the country faces an energy crisis, with demand rising to record levels. Authorities attributed this peak in consumption to the economic growth and an ongoing heat wave. Venezuela Reiterates Crypto Mining Ban, Says Illicit Mining Activities Will be Sanctioned Cryptocurrency mining, as an energy-intensive […]

Bitcoin Bulls Defend $79,200 as $28.3M in Long Liquidations Resets Risk - Despite a surge in traditional equities and heightened military tensions in the Middle East, bitcoin remained stagnant over the last 24 hours, trading sideways near the $80,000 mark. Liquidation Volume Recedes Amid Consolidation Bitcoin traded sideways on Friday as global markets appeared to shrug off the latest skirmishes between the U.S. military and Iran’s Islamic […]

A Venezuelan Mother's Desperate Search for Her Dead Son Is Representative of Ongoing Human Rights Violations - Meanwhile, Trump claims Venezuelans are “dancing in the streets.”

Nobel Prize-Winning Economist Alvin Roth on Organ Markets - Roth explains why legalizing kidney sales can save lives.

Secret ICE Memo Tells Local Police Not To Disclose Immigration Enforcement Info Without ICE's Permission - The agency's transparency policies may undermine federal and state laws designed to ensure the free flow of information necessary to hold government actors accountable.

AOC Hates Billionaires, Heritage Americans, and Ranking Christopher Nolan Movies - Robby Soave and Christian Britschgi tear apart AOC's belief that billionaires don't earn their wealth.

Short Circuit: An inexhaustive weekly compendium of rulings from the federal courts of appeal - A late-night knock at the door, unregistered silencers, and a prison-drone conspiracy.

D.C. Circuit Seems Disinclined To Let Pete Hegseth Punish a Senator for His Speech - The defense secretary argues that military retirees like Sen. Mark Kelly are not allowed to say things he unilaterally deems "prejudicial to good order and discipline."

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

California Spent $450 Million on a Failed 911 System. Now, the State Is Restarting the Project. - The state’s attempt to overhaul its antiquated 911 system resulted in delays and lost calls.

Is the California Coastal Commission Finally Losing Some of Its Regulatory Powers? - The commission has tormented property owners and localities ever since it was created in 1976. Finally, legislative and legal efforts are undoing some of its abuses.

Contra AOC, You Don't Have To Be a Billionaire To Be a Leech - There are makers and moochers on every rung of the income ladder.

Federal Court Strikes Down President's Latest Tariffs - The Constitution vests the power to lay and collect duties squarely in Congress. When Congress delegates that power to the president, it does so with specific conditions and carefully chosen language.

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.

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.

Free Signal Guide - EFF friend Guy Kawasaki* has written a book: Everybody Has Something to Hide: Why and How to Use Signal to Preserve Your Privacy, Security, and Well-Being. This guide is now available in Spanish and English as an ebook in the EPUB format that you can download here. Take a look and consider sharing it with anyone who you know who uses (or should use) Signal.  And don't forget: EFF has two short ...

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 ...

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.

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 ...

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...

‘New Citi’ makes its pitch - Bank executives sought to convey just how far Citi has come in recent years and how its growth plans will drive higher returns. Executing on the strategy could prove “challenging,” an analyst noted.

Kraken parent boosts card capabilities in $600M Reap acquisition - The deal, set to close in the second half of this year, opens Payward’s pathway to the Asia-Pacific region.

Failed Oklahoma bank’s ex-CEO pleads guilty to bank fraud - Danny Seibel faces up to 30 years in prison and a fine of up to $1 million.

How Chime overcame trust challenges when deploying its AI agent - Customer satisfaction rose after the fintech deployed Jade. “Automation and cost savings don’t need to come at the expense of a great experience,” COO Janelle Sallenave said.

Anthropic deepens push into financial services - The AI provider is developing industry-specific tools for finance and partnering with investors to gain an edge in middle-market enterprise tech adoption.

Fed flags overheated markets as top stability risk - The Federal Reserve's April financial stability report found that asset valuations remain elevated, even as investors are beginning to demand more compensation for risk amid rising uncertainty around monetary policy.

Appeals judge sends Illinois interchange case back to district court - Banking groups that sued the state of Illinois over its law barring banks from charging interchange fees on taxes and tips cheered an appeals court ruling remanding the law to a lower court and vowed to keep the law going into effect, which is slated for July 1.

Goldman taps Feldgoise, Schiffrin; Fidelity to cut 800 staffers - Stephan Feldgoise and Joshua Schiffrin will join Goldman Sachs' management committee; Fidelity Investments is dismissing about 800 personnel as it restructures its technology and product-delivery teams; Citi has hired JPMorgan's André Ross as its country officer and banking head for South Africa; and more in this week's banking news roundup.

Affirm's Levchin rejects AI layoffs - Affirm CEO Max Levchin said that the company did not have any plans for AI-spurred layoffs despite the fact that it was using the technology more for software engineering.

What payment leaders had to say at American Banker's Payments Forum - Leaders from Wells Fargo, JPMorganChase and more talked about how banks can respond to the fast-moving changes in money movement, new forms of artificial intelligence, fraud, digital assets and more.

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 Board announces approval of related applications by Columbia Bank MHC, and Columbia Financial, Inc. - Federal Reserve Board announces approval of related applications by Columbia Bank MHC, and Columbia Financial, Inc.

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

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...