Precious Metals and Market News

Gold price pushes to session highs as U.S. existing home sales drop 2.4% - (Kitco News) - Gold prices are holding renewed support above $4,100 an ounce and could attract new momentum as the U.S. housing market remains lackluster, with home sales continuing to struggle.

Gold rebounds above $4,100 as Fed minutes, Hormuz risk keep yields firm - Kitco AM Report - (Kitco NewsWire) - Spot gold and silver prices are higher ahead of the North American market open Thursday, as traders rebuilt part of Wednesday’s selloff while Treasury yields, the U.S. dollar and crude oil prices held firm on renewed U.S.-Iran escalation.

Spot gold trades above $4,100/oz as U.S. weekly jobless claims hold at 215k - (Kitco News) - Gold prices are trading higher after reclaiming $4,100 on Thursday morning following the release of better than expected labor market data after the number of Americans filing new claims for unemployment benefits came in below economists’ forecasts.

Gold slides as Fed minutes, Hormuz oil spike lift yields - Kitco PM Report - (Kitco NewsWire) - Spot gold and silver prices are solidly lower in late-afternoon U.S. trading Wednesday, as renewed U.S.-Iran escalation, a sharp crude-oil rally and hawkish Fed minutes pushed Treasury yields and the U.S. dollar higher.

Gold had a rough Q2, but central bank demand will push prices higher through 2026 – Invesco - (Kitco News) – While Q2 was the worst quarter for gold in 12 years, with spiking energy prices raising inflation expectations and introducing the possibility of rate hikes, central bank demand will help gold finish the year on a positive note, according to the new quarterly gold outlook from Invesco.

FOMC minutes show a Fed united on rates and communications, but concerned about impacts of Iran, tariffs and AI on inflation - (Kitco News) – The minutes from the June 16-17 Federal Open Market Committee (FOMC) meeting showed members united on monetary policy and changes to the Fed’s post-meeting communications but concerned about the economic impacts of the Iran war, tariffs, and the AI buildout, with the majority still seeing upside risks to inflation.

Investors flee gold ETFs in June as hawkish Fed expectations drive liquidation - (Kitco News) - Although gold prices are holding support above $4,000 an ounce, June proved to be a difficult month as rising opportunity costs continued to push investors out of gold-backed exchange-traded funds, according to the latest report from the World Gold Council.

Russia’s gold reserves fall below $300 billion in June after sixth straight monthly decline - (Kitco News) – Russia's state gold reserves fell below $300 billion at the end of last month amid a broader drop in the country's total reserve assets, according to the latest data from the Central Bank of Russia (CBR).The CBR valued the country's gold reserves at $298.99 billion at the end of last month, according to a report released on Tuesday.

Gold slides toward $4,050 as oil spike, Fed-rate repricing lift yields - Kitco AM Report - (Kitco NewsWire) - Spot gold and silver prices are lower ahead of the North American market open Wednesday, as renewed U.S.-Iran escalation pushed crude oil, Treasury yields and the U.S. dollar higher, overwhelming the safe-haven bid from Strait of Hormuz risk.

Gold and silver slip as Hormuz attacks lift oil, Fed-risk premium - Kitco PM Report - (Kitco NewsWire) - Spot gold and silver prices are weaker late Tuesday in North American trade, as higher Treasury yields, a firmer dollar and renewed Strait of Hormuz attacks offset the support metals had carried after last week’s weak payrolls report.

Qatar Halts Push To Ramp Up LNG Production After Hormuz Tanker Strikes - Qatar Halts Push To Ramp Up LNG Production After Hormuz Tanker Strikes Less than a month after Reuters reported that QatarEnergy was ready to resume LNG production ​at its Ras Laffan LNG plant "very quickly" ‌and expected to reach within a month full output of facilities unaffected by Iranian strikes, this morning Bloomberg reports that Qatar is pausing efforts to rapidly revive p...

Leaked Meta Memo Shows AI Capacity Doubling To 14 Gigawatts - Leaked Meta Memo Shows AI Capacity Doubling To 14 Gigawatts Meta shares fell 4.3% at Thursday's open after Reuters reported the contents of an internal memo laying out the next phase of the company's AI infrastructure program. The stock has clawed back part of the loss through the morning but stayed solidly red while the tape digested the same question it has been chewing on for...

US Existing Home Sales Unexpectedly Dropped In June, Just Off Record Lows - US Existing Home Sales Unexpectedly Dropped In June, Just Off Record Lows After an ugly Spring selling season, existing home sales have rebounded in Q2 (so far) with expectations for another 1.0% MoM increase in June. However, that was not to be with US existing home sales tumbling 2.4% MoM in June (although May was revised up to a +3.7% MoM gain from +3.2%). That slowed the annua...

The Choice To Go Up Or Down The Escalation Ladder Now Lies With Iran - The Choice To Go Up Or Down The Escalation Ladder Now Lies With Iran By Michael Every of Rabobank “It ain't over till it's over, but..." The US hit Iran for a second night along Hormuz, in southern cities, near a nuclear site, and a railway bridge in the northwest. The message from VP Vance was to stop striking ships in Hormuz or get hit back harder. From Trump, it was that Iran ...

Bloom Energy Defends Supply Chain, Calls Hunterbrook Report "False And Misleading" - Bloom Energy Defends Supply Chain, Calls Hunterbrook Report "False And Misleading" Bloom Energy is responding forcefully against allegations made by short seller Hunterbrook Capital, rejecting the firm's claims about its accounting, supply chain and growth prospects a day after a report sent shares sharply lower. The clean energy company said Thursday that Hunterbrook's assertions...

Porsche Sales Tumble To Weakest In Six Years As Chinese Demand Plummets - Porsche Sales Tumble To Weakest In Six Years As Chinese Demand Plummets Days after Germany's top financial newspaper, Handelsblatt, reported that Porsche AG is planning more than 4,000 job cuts, the sports-car maker on Thursday revealed first-half sales figures that were the weakest in six years, with its China business falling off a cliff. For the January to June period, Porsche ...

Return To War: Iran Fires Ballistic Missiles At Kuwait, Bahrain, Qatar, Jordan, After US Struck 170 Iranian Targets - Return To War: Iran Fires Ballistic Missiles At Kuwait, Bahrain, Qatar, Jordan, After US Struck 170 Iranian Targets Just as the US nighttime strikes were significantly bigger than prior rounds in June, so has Iran's 'retaliation' been bigger - chiefly on Gulf states and American bases there. In the overnight and Thursday daytime hours, Iranian ballistic missiles and drones have ta...

Canada Just Admitted Justin Trudeau's Climate Agenda Was A Scam - Canada Just Admitted Justin Trudeau's Climate Agenda Was A Scam Authored by Andrew Moran via LibertyNation.com, Former Prime Minister Justin Trudeau gave Canada a lost decade. A key contributor to the country’s stagnation was the Liberal government’s obsession with climate change and its ushering in of green energy policies that were disastrous for a nation rich in natural resourc...

'Slow Hire, No Fire' Economy Continues As Jobless Claims Remain Near Record Lows - 'Slow Hire, No Fire' Economy Continues As Jobless Claims Remain Near Record Lows The number of Americans filing for unemployment benefits for the first time fell to to 215k last week (versus 217k exp), remaining near multi-decade lows... California and Missouri saw the biggest increase in initial claims while New Jersey and Connecticut saw the largest decline... Continuing jo...

Futures Rise, Oil Drops As Markets Ignore Latest Middle East Airstrikes - Futures Rise, Oil Drops As Markets Ignore Latest Middle East Airstrikes Futures are higher (although off session highs), and oil erased overnight gains as the market moved past the latest Middle-East flare up which saw the US military strike 90 Iranian targets for a second day and Tehran retaliated against American allies in the Persian Gulf. And like during previous escalations, t...

8 things I learned about travel expenses after a family tragedy - Make this vital purchase before your next vacation.

Home prices hit a new all-time high this summer - Home prices continue to climb even as buyers retreat from the market, according to fresh data from the National Association of Realtors.

‘I’ve no idea how they got her number’: My student-loan servicer called a friend after I missed a payment. Is that legal? - “She said it’s the second message they have left.”

‘I’d hate to end up with an unexpected tax bill’: I’m 73 and still work full time. Can I avoid paying taxes on my Social Security benefits? - “I’m actually earning more each week than I ever have before.”

‘I get $1,460 in Social Security’: My millionaire ex-husband, 74, refuses to pay alimony. What can I do? - “I have very little money, while my ex’s financial statements show assets in the millions.”

Schwab strategists warn of a major market shift: The era of easy index gains is officially over - More geopolitical instability, more frequent supply shocks and macro volatility are facing investors in an era that’s just starting, says Charles Schwab.

The U.S. and China are today’s leaders in AI. These countries could be the next-stage champions. - Economists at Bank of America spotlight South Korea and the United Arab Emirates as likely to gain from both the build-out and adoption of artificial intelligence.

Salesforce’s stock may look like a bargain — but that’s just a mirage, analyst says - KeyBanc downgraded Salesforce shares, citing doubts about the company’s AI narrative.

Major drugmaker loses $27 billion in market value after failed trial - Two companies announced on Thursday that the heart-disease drug they had been developing failed its Phase 3 trial.

Gen Z-ers share how they’re achieving financial freedom — and the old ideas they’re leaving behind - A stable job and a nice home have become less accessible to young Americans. Many are taking new paths to pursue their dreams.

Meta jumps into AI coding market in effort to chase Anthropic and OpenAI - Meta is upgrading its Muse Spark artificial intelligence model under the leadership of AI chief Alexandr Wang.

Tanker traffic through Strait of Hormuz slows after Iranian attacks trigger renewed fighting with U.S. - Oil has rallied more than 7% this week as investors worry that exports through Hormuz could plunge as the U.S. and Iran fight for control of the strait.

June home sales disappoint as prices reach an all-time high - Home sales dropped in June month over month as mortgage rates remain stubbornly high. Prices hit an all-time high.

Stocks tick higher as chipmakers rise, oil prices fall: Live updates - The U.S. launched fresh strikes on Iran, after President Donald Trump said earlier in the day he may no longer be interested in negotiating a deal.

Goldman Sachs wins $70 billion in asset management deals with Verizon, Lockheed Martin - Competition in the multitrillion-dollar market for retirement assets is fierce among managers like Goldman Sachs, BlackRock, Russell Investments and Mercer.

China consumer price growth weakens in June while producer inflation rises to near 4-year high - Investors increasingly view China's two-speed growth with robust export and tepid domestic demand as a defining long-term feature of the Chinese economy.

Christine Lagarde leaves door open to early ECB exit, as she mulls French politics - The European Central Bank's Christine Lagarde has declined to rule out an early end to her term as president, as she mulls a foray into French politics.

Job seekers giving up: Labor force participation rate falls to lowest in 50 years, outside of Covid era - A drop in the unemployment rate helped provide some upside to what was an otherwise downbeat jobs report — but it was for all the wrong reasons.

U.S. job creation cools in June with payrolls growth of just 57,000; unemployment rate at 4.2% - Nonfarm payrolls were expected to rise by 115,000 in June and the unemployment rate to hold steady at 4.3%.

Europe wants to rebalance trade with Beijing, but can't quit Chinese air conditioners - A historic heat wave has driven unprecedented demand for Chinese-made air conditioners in Europe, underscoring the tough task Brussels faces in rebalancing trade with Beijing.

U.S. isn't the only government that falsifies economic data - Outspoken Chinese Economist Who Doubted Official GDP Data Dies By Joe LeahyFinancial Times, LondonWednesday, July 8, 2026 The death of a prominent Chinese economist who openly questioned official GDP data has prompted an outpouring of mourning for a figure many saw as a "daring truth teller" in a country intolerant of independent voices. Gao Shanwen, former economist of SDIC Securities, a gover...

India silver import curbs create shortages, push premiums to six-month high - By Rajendra JadhavReutersWednesday, July 8, 2026 MUMBAI -- India's restrictions on silver imports have created shortages in the world's biggest market for the precious metal, pushing premiums to their highest levels in six months despite weaker-than-usual demand. Lower imports by India, which meets more than 80% of its silver demand through overseas purchases, could weigh on global prices, whil...

Gold is getting a new shine amid volatile geopolitics - By Chris Anstey and Augusta SaraivaBloomberg NewsWednesday, July 8, 2026 Sometime during the crash in the price of gold in the mid-2010s, one veteran financial-market journalist declared that "this is the moment when the world realized gold isn't a financial asset." Famous last words, as they say. After gold's surge over the past several years, and continuous debate about the long-term durabili...

Tanzania's central bank bought 28 tons of gold over past 18 months for reserves - From ReutersWednesday, July 8, 2026 DAR ES SALAAM -- Tanzania's central bank has bought about 28 metric tons of gold ​over the past 18 months to bolster ‌its international reserves and support the shilling currency, its governor, Emmanuel Tutuba, said. Tutuba was quoted in a ​finance ministry statement as saying the purchased ​gold was worth $3.68 billion at current prices. ... Dispatch continu...

China gold reserves rose in June the most since 2023 even as bullion tumbled - By Dylan Duan and ​Ryan WooReutersTuesday, July 7, 2026 China's central bank reported its biggest monthly increase in gold reserves ​in more than 2 1/2 ‌years in June, official data showed today, though bullion prices tumbled. The People's Bank of China maintained gold purchases for a ​20th straight month, with its reserves ​hitting 75.44 million fine troy ounces by the ⁠end of June, versus 74....

AI Investment Mania Has Begun to Percolate through the Economy, and the Fed Has Begun to Fret about the Effects - AI Dominated the Fed’s Meeting as Driver of “Persistent Inflationary Pressures” & Demand Growth.

QT plus Rate Hikes: ECB Sheds €149 billion of QE Assets in Q2, -52% since mid-2022, Marks Gold Down by €160 Billion - Fed’s anti-QT faction, take a look: ECB shed €3.7 trillion ($4.2 trillion) of its QE assets, nearly double the Fed’s QT, and nothing bad has happened.

Consumer “Inflation Expectations” Throw the Fed another Curveball - The Fed watches inflation expectations closely. It wants them to remain “anchored.” But consumer inflation expectations have become unanchored.

Legal tender and electronic payments – can we insist on paying in cash? - Answer lies in common law's approach to concept of legal tender When a tourist tried to pay for a burger in cash at a Tsim Sha Tsui restaurant in 2023, staff refused. The outlet accepted only cards ...

Aave rolls out vaults for yield-hungry fintech investors - Aave's new Stable Vaults product lets wallets, exchanges and payment apps offer yields on stablecoin deposits

Age verification is the surveillance nobody voted for - KOSA and Chat Control both retreated on their most-criticized measures this week, but both kept mandatory age verification, the quiet mechanism that turns anonymous browsing into identified browsing for all of us, argues Billions CEO Evin McMullen.

Over $7.2 billion have migrated from LayerZero to Chainlink CCIP as Mantle joins exodus - Migrations to Chainlink CCIP so far include Kelp and Lombard, both of which brought over $1 billion, as well as Solv Protocol, Virtuals, Re and Kraken’s tokenized assets.

Pricing houses in bitcoin exposes dollar's loss of value - Your day-ahead look for July 9, 2026

Swift rolls out new blockchain ledger to bring 24/7 banking to 17 global giants - HSBC, UBS, Wells Fargo and Citi are among the 17 banks now preparing to pilot live transactions using tokenized digital assets on Swift’s new blockchain payments platform.

Latin America’s biggest stock exchange now offers options on bitcoin, ether and solana futures - These options settle into underlying futures contracts rather than spot cryptoassets, involving no custody, transfer, or administration of tokens.

Crypto remains resilient in face of renewed Middle East tensions - BTC rose 1.2% to $63,000 and Nasdaq futures jumped 2.6% with markets seemingly unconcerned by U.S. airstrikes on Iran. Bitcoin is now up 9% since the end of June.

Singapore's Temasek investment fund says crypto is off the table, will focus on AI - The $400 billion wealth fund plans to expand AI holdings to 15% of its portfolio by 2031 from the current 6%.

Crypto trader applies legendary HODL strategy to EUR/USD forex bet - A trader on Ostium has held a $1.14 million long position in EUR/USD perpetual futures for 400 days, applying a bitcoin-style HODLing strategy to forex.

Sony secures conditional approval to set up U.S. stablecoin trust bank - The New York-based subsidiary, fully owned by Sony Bank, will be capitalized with $40 million to support its upcoming stablecoin business operations.

XRP Bearish Trend Deepens as Weak Liquidity and Falling Open Interest Signal Caution - XRP is flashing several warning signs as key market indicators continue to weaken. Market signals suggest deeper changes in momentum and liquidity. The full picture reveals why this moment could be important. Why Are XRP Traders Stepping Back From the Market? Cryptoquant shared two analyses on July 9 that point to continued selling pressure, with […]

Short-Term Moving Averages Turn Bullish as Bitcoin Holds Above $62,500 - Bitcoin traded near $62,743 on Thursday morning at 8 a.m. EDT, up 1.0% over the past 24 hours as the asset consolidated inside a $61,507 to $63,116 range. Short-term technical readings point to consolidation, while longer-term moving averages continue to signal a corrective phase across the one-hour, four-hour, and daily charts. Hourly Chart Shows Tight, […]

Hyundai Card Turns $20,000 Stablecoin Test Into Real-World Remittance as Europe Trial Draws Closer - Hyundai Motor America converted $20,000 into stablecoins and transferred them to Hyundai Motor Mexico, where they were exchanged back into U.S. dollars. Shaving Hours off Transaction Times Hyundai Card successfully tested stablecoin-based cross-border payments between Hyundai Motor Group subsidiaries in North America, slashing transaction times from hours to minutes, the card issuer recently di...

Fidelity’s FETH Drives $70.5 Million Ether ETF Inflow as Bitcoin Turns Negative - Crypto ETF flows split sharply on Wed., July 8, as bitcoin ETFs returned to outflows with an $84.9 million exit. Ether ETFs remained the clear bright spot, drawing $70.5 million for a fifth straight day of inflows, while HYPE stayed positive and both solana and XRP funds moved lower. Grayscale’s GBTC Leads $84.9 Million Bitcoin […]

Michael Saylor’s Strategy Sold 3,588 Bitcoin in Largest Sale Ever. Is it a Bearish Signal? - $MSTR just sold 3,588 BTC and many are calling it the top. But this only represents 0.42% of their total Bitcoin holdings, while the remaining stack is still worth about 179% of the company’s market cap. Panic selling or smart capital management? The following guest post comes from Ziven.io, a public markets intelligence platform delivering […]

'I Would Not Wish This on Anyone': Prisoners Fight Back Against Solitary Confinement in Oregon - A proposed class action lawsuit claims Oregon is subjecting prisoners to unconstitutional and inhumane conditions in solitary confinement.

Robert Reich's CEO Pay Chart Is Wrong. Here's the Real Math. - The former U.S. labor secretary presents economic data in deceptive ways.

"But What About My Goats?": The Roman Poet Martial on Lawyers - Reposting an item from 2015, which I've used often in my Amicus Brief Clinic, and which some of my students say they found enlightening.

Freedom Fuel?  - Plus: Platner is out, so is reading, Netflix is not a monopoly, and more...

Claim That State Employee Was Unconstitutionally Demoted "Because She Did Not Share" Education Agency's Views on Race Can Go Forward - From Spengler v. Coop. Educ. Serv. Agency 7, decided yesterday by Seventh Circuit Judge Michael Scudder, joined by Chief Judge… The post Claim That State Employee Was Unconstitutionally Demoted "Because She Did Not Share" Education Agency's Views on Race Can Go Forward appeared first on Reason.com.

Banning Parents from Possessing Guns Because Their Child Has Described Thoughts of "Harming Herself Using a Rope" Violated Second Amendment - The ban was imposed even though police officers "examined [the parents'] gun safes, confirming that the firearms were stored in locked safes with trigger locks."

Clarence Thomas Doubled Down on Presidential Power - The conservative justice pushed for greater executive authority even in cases in which Trump won.

Today in Supreme Court History: July 9, 1868 - 7/9/1868: The Fourteenth Amendment is ratified. The post Today in Supreme Court History: July 9, 1868 appeared first on Reason.com.

The Sindex: Gas Prices Rose 29% in 2 Months After Trump Went to War With Iran - The Reason Sindex tracks the price of vice: smoking, drinking, snacking, traveling, and more.

Afroman on Free Speech, Government Abuse, and Election 2028 - "I want a smaller government. I want to get crooked judges and police officers out of the government," the rapper tells Reason's Andrew Heaton.

Trump’s Anti-Weaponization Fund Is a (Another) Slush Fund - If Trump’s settlement stands, future presidents will have a roadmap for turning lawsuits into spending programs and political grievances into taxpayer-financed payouts.

There and Back Again: The 21st Century ROAD to Housing Act - The House’s amendment to the 21st Century ROAD to Housing Act is a great improvement over the Senate’s version. However, the bill is still filled with policies that won’t help, but rather harm, the housing market.

After the Castro Tyranny, Cubans Should Lead Their Transition to Freedom - When and if the Cuban dictatorship finally collapses, it would be best to let Cubans themselves determine their return to freedom.

A Federal Gas Tax Holiday Would Be Expensive and Ineffective - When the federal gas tax comes up for reauthorization in 2028, Congress should simply let the gas tax expire.

The SEC Throws in the Towel on Gag Orders - Facing an increasingly speech-friendly Supreme Court, the SEC reluctantly–and belatedly–decides to stop censoring its victims.

Five Weapons. One Target: Your Freedom. - The top tools of tyrants aimed right at your liberty. Washington, Webster, Paine, Madison, and more - they saw every one of them coming and warned us. On this Episode - what they use against us and what’s self-inflicted. The post Five Weapons. One Target: Your Freedom. appeared first on Tenth Amendment Center.

They’re not Grievances. They’re STOLEN Power - Declaration of Independence: That long list of charges against the king aren’t mere “grievances.” That word isn’t even in the text. They Founders didn't secede and fight a long, bloody war over mere complaints about bad policy. American Independence was built on something else spelled out in the text itself, and understood by everyone at the time. On this Episode - It's the foundation of the de...

Let’s Not Forget What Madison Said About War - What Madison is pointing out is that among all the ways that government destroys the liberty of its own people, its wars are the worst. The post Let’s Not Forget What Madison Said About War appeared first on Tenth Amendment Center.

Google's new remote attestation scheme is every bit as terrible as its old remote attestation scheme - Google owes its existence to the open web, but today, its technological “innovations” have much to do with locking users into a “walled garden.” The latest of these is “reCAPTCHA Mobile Verification,” an experimental initiative that will let companies block users if they are running independent, "de-googled" versions of Android. These “indie Android” versions are favored by people who want to p...

Automated Moderation Is Here to Stay - This blog post is part 1 of a 2-part series. The second part will set out recommendations for companies and policymakers.Six years ago—one month into a global pandemic—we argued that the automated moderation processes many platforms were rapidly adopting should be highly transparent, easily appealable, and temporary. We warned that "protocols adopted in times of crisis often persist when the cr...

Help EFF Cut the AI Hype - In the global race to build and dominate the AI industry, it can sure seem like the interests of ordinary people sit last on the agenda. It's just the opposite for EFF. While companies furiously jam AI tools into their veins and your eyeballs, EFF’s technologists, activists, and attorneys have been meticulously cutting through the hype to ensure AI can serve your privacy and free expression. Te...

Victory! South Milwaukee Lets Backyard Skeletons Rest in Peace - South Milwaukee will not be sending Sean and Laura Oster’s decorative skeletons to an untimely grave after the Institute for Justice (IJ) sent a letter informing them that any such action would be a major First Amendment violation.   The post Victory! South Milwaukee Lets Backyard Skeletons Rest in Peace appeared first on Institute for Justice.

Physical Therapist Files Legal Challenge Against Leavenworth, Wa. for the Right to Run a Small In-home Practice - For more than 15 years, licensed physical therapist Nicole Bulow has helped people get back to the lives they love, guiding active adults through injury […] The post Physical Therapist Files Legal Challenge Against Leavenworth, Wa. for the Right to Run a Small In-home Practice appeared first on Institute for Justice.

South Milwaukee Orders Residents to Take Down Whimsical Skeleton Display, a Violation of Their First Amendment Rights - Sean and Laura Oster have a bone to pick with South Milwaukee. The post South Milwaukee Orders Residents to Take Down Whimsical Skeleton Display, a Violation of Their First Amendment Rights 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 ...

VA: GOA Files VA Supreme Court Brief as Injunction Expands Statewide - The fight over Virginia’s unconstitutional gun and magazine bans is moving fast. After GOA, GOF, VCDL, VCDF, and gun rights journalist John Crump secured a preliminary injunction in Crump v. Katz, Attorney General Jay Jones ran to the Supreme Court of Virginia asking the Court to put those bans back in force. GOA and our allies have now filed our opposition brief. … Read more

LET’S END “ZERO TOLERANCE” FOREVER! - The Biden Administration’s ATF “Zero Tolerance” policy was one of the most aggressive attacks on federally licensed firearms dealers in recent history. This rule weaponized federal code against firearms dealers, turning misspellings on paperwork into license revocations. The goal was clear, force gun stores out of business and make it harder for law-abiding Americans to exercise their Second Am...

GOA and GOF File Federal Lawsuit Challenging Pennsylvania’s Lifetime Carry Ban for Citizens with Minor, Decades-Old Drug Misdemeanors - GOA and GOF File Federal Lawsuit Challenging Pennsylvania’s Lifetime Carry Ban for Citizens with Minor, Decades-Old Drug Misdemeanors FOR IMMEDIATE RELEASE July 8, 2026 Springfield, VA — Gun Owners of America (GOA) and Gun Owners Foundation (GOF), alongside Craig Philips, an honorably discharged Air Force and Gulf War veteran, have filed a federal lawsuit challenging Pennsylvania’s statutory li...

Starling to whittle headcount by 3% - The bank is cutting jobs to eliminate duplication and accelerate product delivery, a spokesperson said.

Axos to buy Arc Technologies - The deal marks Axos’ fourth purchase announcement in a year.

PNC’s new mobile banking app built on personalization - The Pittsburgh-based bank wanted to debut a customizable app with more features and functionality “without making it heavy,” said Alex Overstrom, the lender’s head of retail banking.

Fiserv president exits - As Stripe alum Dhivya Suryadevara announced her resignation Tuesday, Fiserv elevated two executives.

Sony receives OCC’s conditional approval for trust charter - The Japanese conglomerate aims to launch Connectia Trust, which will issue and manage stablecoins, in 2027. Banking trade groups and consumer advocates voiced their objection months ago.

The history of the US dollar is the history of our country's growth - In the year of the country's 250th anniversary celebrations, it's worth looking back at the long road the U.S. dollar took to global dominance, and the lessons we can learn from it.

Prediction markets are unreliable truth machines: lawsuit - Polymarket's process for divining "the truth," the heart of its entire operating model, is itself open to manipulation, a new lawsuit alleges.

Can banks skirt the Durbin Amendment by owning a debit network? - Some of the country's largest banks are reportedly considering buying a Fiserv-owned debit card network as a workaround to interchange caps instituted by the Durbin Amendment. It's an idea that looks good on paper, but could be harder to actually implement.

Will the crypto market structure bill cross the finish line? - Banking lobbyists' push for changes to stablecoin yield rules as part of long-embattled crypto market structure legislation has stalled, with no new talks in sight.

Deal deepens Business First's bank-consulting prowess - The Louisiana-based lender's acquisition of American Planning Corp. expands the list of advisory services it offers to other community banks.

Assessing the effects of recent provisioning rules on consumer credit allocation in Colombia - by Diego Cuesta-Mora, Fredy Gamboa, Camilo Sanchez-QuintoColombia's post-pandemic recovery in 2021–2022 was marked by rapid consumer credit growth, followed by deteriorating credit quality indicators amid tightening financial conditions. In January 2023, the Superintendence of Finance of Colombia (SFC) introduced higher provisioning requirements for long-term consumer loans to enhance financial...

Project Insight: uncovering the complexities of global value chains - Project Insight developed a proof-of-concept dashboard to enhance policymakers' understanding and monitoring of global supply chain developments. By unifying detailed firm-level datasets, macroeconomic information and advanced analytics within a collaborative platform, the project demonstrated how granular and complex GVC dependencies can be studied more effectively.

On the comparison of capital requirements for global systemically important banks - Basel III introduced a comprehensive package of capital reforms to bolster the resilience of the global banking system. While the standard supports regulatory convergence across jurisdictions by establishing a common minimum set of requirements for internationally active banks, it also gives national authorities flexibility to exceed the minimum standards. Heterogeneous applications of Basel II...

Minutes of the Federal Open Market Committee, June 16-17, 2026 - Minutes of the Federal Open Market Committee, June 16-17, 2026

Federal Reserve Board requests comment on a proposal to amend its requirements for banks to maintain anti-money laundering programs - Federal Reserve Board requests comment on a proposal to amend its requirements for banks to maintain anti-money laundering programs

Federal Reserve Board issues enforcement action with Small Business Bank and announces termination enforcement actions with BNP Paribas S.A., BNP Paribas USA, Inc., BNP Paribas Securities Corp., an... - Federal Reserve Board issues enforcement action with Small Business Bank and announces termination enforcement actions with BNP Paribas S.A., BNP Paribas USA, Inc., BNP Paribas Securities Corp., and Community Bankshares, Inc.

Press Release: FDIC Issues List of Banks Examined for CRA Compliance - PRESS RELEASE | JULY 2, 2026 FDIC Issues List of Banks Examined for CRA Compliance WASHINGTON — The Federal Deposit Insurance Corporation (FDIC)...

Press Release: Agencies Release List of Distressed or Underserved Nonmetropolitan Middle-Income Geographies - PRESS RELEASE | JUNE 30, 2026 Agencies Release List of Distressed or Underserved Nonmetropolitan Middle-Income Geographies WASHINGTON — Federal ...