Precious Metals and Market News

CME to offer 24/7 gold and oil trading - (Kitco News) - Geopolitical uncertainty doesn’t take the weekend off, and neither will gold and oil futures as the CME prepares to launch 24/7 trading.

Spot gold hovers near $4,200/oz after preliminary Consumer Sentiment rises to 48.9, one-year inflation expectations dip to 4.6% - (Kitco News) - The gold market is holding relatively steady after the latest data showed consumer sentiment in the U.S. improving, while inflation expectations pulled back from last month’s highs.The University of Michigan announced on Friday that the preliminary reading of its Consumer Sentiment survey for June was 48.9. The data was better than expectations, as the consensus forecast of ...

Gold holds above $4,200 as Hormuz risk premium unwinds - Kitco AM Report - (Kitco NewsWire) - Spot gold prices are steady and spot silver prices are weaker in early U.S. trading Friday, as oil prices fell sharply on U.S.-Iran deal hopes, U.S. equity futures edged higher and traders looked ahead to the next inflation-expectations read.

Silver leads metals higher as traders defend key support - Kitco PM Report - (Kitco NewsWire) - Spot gold and silver prices were sharply higher late Thursday, as safe-haven demand tied to U.S.-Iran risk met a late-session pullback in crude oil after fresh deal signals.

Don't fear a drop below $4,000, gold's bull market isn't broken - Thorsten Polleit - (Kitco News) - Despite significant selling pressure, the gold market has managed to hold critical long-term support above $4,000 an ounce.

Precious metals traders prepare to defend $4,000 gold, while break of $60 silver would be ‘catastrophic’ - FX Empire’s Lewis - (Kitco News) - Gold prices are seeing volatility on Thursday as traders prepared for a test of the $4,000 per ounce support level, while silver traders are gearing up for their own critical battle to defend $60, according to Christopher Lewis, market analyst at FX Empire.

National Bank of Georgia buys $100 million in physical gold - (Kitco News) - Central bank demand has provided key support for gold throughout its unprecedented rally, and while official purchases have slowed in recent months as nations contend with growing inflationary pressures and a global energy crisis, demand has not disappeared.

Gold, silver edge lower as PPI stays hot - Kitco AM Report - (Kitco NewsWire) - Spot gold prices are weaker and spot silver prices are also lower in early U.S. trading Thursday, as another hot inflation print kept the Fed-rate channel in control while the U.S.-Iran conflict continued to support the oil-risk premium.

Gold price remains under pressure as U.S. jobless claims rises to 229k - (Kitco News) - The gold market remains firmly caught in a downtrend, with prices trading near critical long-term support levels. Even potentially slowing momentum in the labor market has not been enough to pull prices out of this tailspin.

Gold price continues to struggle against euro as ECB raises interest rates by 25 basis points - (Kitco News) - The gold market continues to face significant downside risks and is seeing little reaction as interest rates rise in Europe.As expected, the European Central Bank increased its interest rates by 25 basis points. Interest rates for the central bank's deposit facility, the main refinancing operations, and the marginal lending facility have been increased to 2.25%, 2.40%, and 2.65%,...

Kuwait Joins "Dark-Mode" Tanker Traffic Through Hormuz - Kuwait Joins "Dark-Mode" Tanker Traffic Through Hormuz By Tsvetana Paraskova of OilPrice.com Kuwait appears to have joined a growing bunch of Middle Eastern oil and gas producers that have moved to ship energy cargoes in dark mode through the Strait of Hormuz. The liquefied petroleum gas (LPG) carrier Gas Umm Al Rowaisat, which is owned by the national Kuwait Petroleum Corporatio...

Blackrock's Private Credit Fund Gates Investors Again After Redemption Requests Surge - Blackrock's Private Credit Fund Gates Investors Again After Redemption Requests Surge The market may be in full-blown face-ripping bubble mode, and software stocks are now gripped in by a category 5 gamma squeeze hurricane, but not even that is helping the ongoing debacle that is private credit. One week after Cliffwater's Private Credit fund gated investors for a second straight ...

Musk Becomes Earth's First Trillionaire As Blockbuster SpaceX IPO Opens At $150 - Musk Becomes Earth's First Trillionaire As Blockbuster SpaceX IPO Opens At $150 Summary:  Musk Becomes A Trillionaire  SpaceX IPO Opens Up $150, above $135 IPO price SpaceX IPO Shares To Trade 29% Higher Than IPO Price  Liftoff: SpaceX Gray-Market Trading Signals 35% IPO Pop Incidentally, this is where Polymarket predicted the stock would open ahead of the first...

US Pulling Large Chunk Of Jets, Refueling Tankers From NATO Defense, Realigning Further East - US Pulling Large Chunk Of Jets, Refueling Tankers From NATO Defense, Realigning Further East In a move that surprises absolutely no one paying attention, the United States is planning to significantly slash the number of fighter jets and warships it feeds into the NATO machine in Europe, the New York Times reported Thursday. The reported cutbacks hit right as panicked European nat...

First Real Breakthrough? Iran Says Deal Is 'Closer Than Ever' In Unexpected First, Oil Prices Tumble - First Real Breakthrough? Iran Says Deal Is 'Closer Than Ever' In Unexpected First, Oil Prices Tumble Summary Pakistan PM Sharif: "we can confirm that a final, agreed upon text of the peace deal has been reached & Pakistan is now working closely with both sides to finalize the next steps." Surprise, surprise: Iran FM says sides "have never been closer and pending its finalisation,...

Gas Prices Fall For 3rd Straight Week - Gas Prices Fall For 3rd Straight Week Authored by Naveen Athrappully via The Epoch Times, The national average price for a gallon of regular gasoline declined for three consecutive weeks, dropping from $4.56 per gallon on May 21 to $4.12 per gallon on Thursday. Lower gasoline prices are “delivering some relief to drivers during the busy summer travel season,” the American Autom...

"Reckless Propaganda": Globe And Mail Op-Ed Tells Readers "How To Properly Hate" Elon Musk Ahead Of SpaceX IPO - "Reckless Propaganda": Globe And Mail Op-Ed Tells Readers "How To Properly Hate" Elon Musk Ahead Of SpaceX IPO Whether it is Elizabeth Warren, left-leaning unions, or Democrat-aligned NGOs funded by dark money, the common pattern here has been an information campaign aimed at Elon Musk to derail the SpaceX IPO. Their motives are very simple: if the game is about power and money, th...

National Mall Vandalized With '8647' Markings Ahead Of Independence Celebrations - National Mall Vandalized With '8647' Markings Ahead Of Independence Celebrations Authored by Kimberley Hayek via The Epoch Times, U.S. Park Police and federal officials opened an investigation Thursday after a sizable marking resembling “8647” was etched into the lawn of the National Mall. The incident occurred amid preparations for major events celebrating the nation’s 250th ann...

UMich Sentiment Bounces Off Record Low In June, Inflation Fears Fade - UMich Sentiment Bounces Off Record Low In June, Inflation Fears Fade After reaching all-time record lows in May, analysts expected UMich's Sentiment index to rebound modestly in preliminary June data and it did, up from 44.8 to 48.9 (well above 46.0 exp), with consumers experiencing some relief due to the early-month easing in gasoline prices. Source: Bloomberg "This measured i...

Kennedy Center Appeals Order Requiring Removal Of Trump's Name - Kennedy Center Appeals Order Requiring Removal Of Trump's Name Via American Greatness, The Kennedy Center’s board of trustees voted Thursday to challenge a federal judge’s order requiring President Donald Trump’s name to be removed from the performing arts center. According to court filings, the board formally appealed US District Judge Christopher Cooper’s ruling just before t...

AMD is seen as a CPU stock — but it’s gaining ground here, too - Wall Street is underestimating how much Meta will spend on AMD’s AI chips, a Citi analyst said.

My company fired one manager and is doing an ‘organizational reshuffling.’ Am I in trouble? - “They let go of a pretty high-up manager who they only hired a month ago.”

‘This would be a one-time event’: How can I take extra money from my 401(k) without triggering higher Medicare premiums? - “I generally withdraw money from my traditional 401(k) for projects, larger expenses and sometimes just to stay ahead on upcoming bills.”

‘It seems too good to be true’: At a steak-dinner retirement seminar, the guy said annuities can outperform the market. Is that true? - “He claimed that fixed-rate annuities are the sparkly, rainbow-fairyland of investments.”

‘I feel like he may be taking advantage of us’: Our adviser pushes annuities after we already said no. Do we fire him? - “I feel like he may be taking advantage of us.”

Global oil prices drop to $88 a barrel on hopes for an Iran peace deal as early as this weekend - West Texas Intermediate and Brent crude fell on Friday on reports that a potential deal would lift oil sanctions on Iran.

These are the assets investors should buy if a peace deal with Iran happens, says Bank of America - Low approval ratings and a jump in inflation may be forcing President Donald Trump’s hand in ending the war, with some asset prices already starting to anticipate that.

SpaceX IPO hype is massive — and the FOMO can ruin your retirement - A stock that dips is a blip at 30. But for older investors in or near retirement, it’s a portfolio disaster.

My plumber charged $160 to fix the cistern on my toilet — but created another problem. Do I pay again? - “The cistern on my toilet has been constantly refilling and making a hissing noise.”

Here’s what could be SpaceX’s biggest upside surprise, according to a leading Silicon Valley investor - Brad Gerstner and Gavin Baker discussed the SpaceX IPO as well as a possible pivot for Nvidia.

SpaceX IPO live updates: SPCX pops 20% after biggest IPO ever - Follow SpaceX IPO live updates on price, ticker, broker access, valuation and what investors need to know before shares trade.

Elon Musk becomes world's first trillionaire as SpaceX begins trading on the Nasdaq - Elon Musk's stake in SpaceX is worth more than $766 billion. Combined with his Tesla holdings, Musk's net worth as of Friday is roughly $1.05 trillion.

SpaceX shares gain 21% as trading begins, valuing Elon Musk's rocket company at more than $2 trillion - SpaceX shares soared on Friday as trading commenced on the Nasdaq.

Stocks making the biggest moves midday: SpaceX, EchoStar, Adobe, Seagate Technology, Charles Schwab & more - Here are the stocks making headlines in midday trading.

Trump denies Iran's account of deal terms, decries new drone attack: 'Dishonorable people' - "They better get their act together, and FAST!" President Donald Trump said of Iran one day after announcing that a deal would be finalized within days.

UK economy shrank 0.1% in April as Iran conflict weighed on growth - U.K. GDP fell 0.1% in April as services activity declined and companies cited pressure from the Middle East conflict.

A Chinese start-up's unfolding dilemma exposes cracks in Beijing's tech funding machine - While the U.S. channels support to tech winners indirectly via incentives, Chinese governments at every level take direct equity stakes.

Wholesale prices rose 1.1% in May, more than expected, on surge in energy - The producer price index was expected to increase 0.7% in May, according to the Dow Jones consensus forecast.

ECB hikes interest rates for first time since 2023 as Iran war ramps up energy costs - The European Central Bank also raised its inflation forecasts and cut its growth outlook.

Consumer prices rose 4.2% annually in May, highest in three years - The consumer price index was expected to show a 4.2% gain from a year ago, according to the Dow Jones consensus estimate.

More 'cash-settled' gold contracts -- that is, undeliverable -- coming from CME - CME Plans to Offer 24/7 WTI Oil and Gold Contracts By Mia GindisBloomberg NewsThursday, June 11, 2026 The Chicago Mercantile Group announced plans to offer 24-hour, seven-days-a-week trading in new, smaller crude oil futures and its existing gold contract, the exchange said Thursday. The new oil-linked contract, set to be one-tenth the size of the existing Micro WTI futures contract, will debut...

Alasdair Macleod: Gold in time of war - By Alasdair MacleodGoldMoney, TorontoFriday, June 12, 2026 Currencies are debased during and after wars, because government spending goes through the roof not just due to defence spending but also because of the economic consequences. Financial markets, particularly in North America and Europe, are ignoring the lessons of history. By their actions participants believe that it is the marginal co...

Caucasus nation of Georgia purchases $100 million in gold to boost its reserves - From Business Media, Tbilisi, GeorgiaWednesday, June 10, 2026 Following a decision by the board of the National Bank of Georgia, the central bank has acquired an additional US$100 million worth of highest-purity (999.9) LBMA-standard gold bullion for its international reserves. As a result of this latest purchase, the share of monetary gold within the National Bank of Georgia's international re...

SilverTrade.com finds GATA Chairman Murphy still bullish despite attacks on metals - 4:50p ET Thursday, June 11, 2026 Dear Friend of GATA and Gold (and Silver): Jon Lindau, managing editor of SilverTrade.com, this week interviewed GATA Chairman Bill Murphy about why he's still bullish on silver despite the recent attacks on the monetary metals. The interview is 27 minutes long and can be seen at the Silver Trade channel at YouTube here: https://www.youtube.com/watch?v=4r8LNTgna...

Monetary metals industry coalition urges Congress to pass SILVER Act  - From Money Metals News Service, Eagle, IdahoThursday, June 11, 2026 A broad coalition representing dozens of key stakeholders across all segments of the U.S. precious metals industry formally called on Congress today to advance the System Integrity through Licensed Vault Expansion & Resilience Act (SILVER Act), bipartisan legislation designed to address national security risks by strengthening ...

What Homebuilder Lennar Said about the Tough Housing Market: Average Sales Price Down 24% from Peak, back to 2017 - Cut the price, and they will buy. Dealing with the affordability crisis. Sales volume is up, but shares have plunged by nearly 50%.

Producer Price Inflation beyond Energy: 6-Month Services PPI, “Core” Goods PPI & “Core” PPI Blow by 6%, Worst since 2022 - The surge in energy costs is bad, but there's a lot of inflation from other sources.

CPI Inflation 4.25%, Blows by 2-Year Treasury Yield, Closes in on 10-Year Treasury, Driven by “Supercore” Services, Gasoline, Electricity - Supercore services inflation surged, after taking off last fall. And AI data center demand drives electricity inflation.

These Countries May Be Next To Accept Bitcoin as Legal Tender - One of the main knocks against cryptocurrency has always been that it will never gain universal adoption, meaning its usefulness will always be limited. This perhaps changed forever on September 7, ...

Legal Tender Forces Gold Out - The government has many ways of forcing us to use their paper dollar as money. The tax on capital gains on gold (I wrote about this here) is one bullet in their gun. The legal tender law—U.S. Code ...

Federal Reserve Note: What It Is, Longevity, and Key Features - Discover what Federal Reserve notes are, their lifespan, and key features that make them secure and essential as the official paper currency of the U.S.

Next week El Salvador will become the first country to accept bitcoin as currency - The government even went a step further in promoting the cryptocurrency’s use by giving $30 in free bitcoins to citizens who sign up for its national digital wallet, known as Chivo, or “cool” in ...

Bill Introduced To Make Bitcoin A Legal Tender In Arizona - Senator Wendy Rogers has introduced a bill proposing to make bitcoin a legal tender in the U.S. state of Arizona. The bill seeks to add bitcoin to the list of instruments considered legal tender in ...

VanEck bets BNB’s real-world usage can stand out in a crowded crypto ETF market - VanEck says BNB’s user activity and revenue generation make it a stronger long-term crypto investment case than many blockchain projects still selling a vision.

Elon Musk's SpaceX soars 20% in blockbuster Nasdaq debut - The stock was trading above $160 in volatile action after last night's IPO at $135.

Bloomberg Analyst: Most Bitcoin ETF Investors Have Stayed Put Despite Outflows - Bitcoin ETF investors have pulled billions this year, but the broader crypto ETF market remains more resilient than recent headlines suggest.

Kalshi’s crypto perpetuals spark debate over whether they’re futures or swaps - A clash between derivatives veterans is exposing a deeper discussion over how U.S. regulators should classify crypto perpetual contracts.

The U.S. government is betting $2 Billion on quantum computing, and the defense side can't keep up - Pruden argues that to defend against a quantum computer capable of cryptographically relevant operations, we need post-quantum cryptography and regulatory coordination that the industry has been deferring for years.

FTX's Sam Bankman-Fried loses appeal of criminal conviction on fraud, conspiracy charges - The onetime FTX CEO did not persuade a panel of judges that his trial was unfair, the appeals court panel ruled Friday.

XRP sentiment falls to 8-month low, and that has been a buy signal before - Santiment's weighted sentiment gauge for XRP just hit its weakest reading since October 2025. The firm notes the token's strongest rebounds have tended to start when the crowd was this checked out.

CoinDesk 20 performance update: Ethereum (ETH) falls 1% as index trades lower - Cronos (CRO), down 1.4% from Thursday, was also an underperformer.

For crypto, SpaceX's stock market debut could go either way - Your day-ahead look for June 12, 2026

Monero price rockets 33% to $438 amid $120 million onchain laundering maze - Onchain sleuth ZachXBT traced remaining funds across exchanges, instant swap services and other blockchains. Tether later froze $72 million in USDT linked to the activity.

Citigroup Launches Tokenized Private Share Trading for Wealthy Global Clients - Citigroup is creating a blockchain-based service that lets wealthy and institutional clients trade exposure to private companies through tokenized depositary receipts. The bank is starting with foreign investors and plans to expand access to U.S. clients later. Citigroup Courts Top Private Firms With New Blockchain Marketplace for Investors Citigroup is moving further into tokenized finance […]

World Cup 2026 Could Draw $50 Billion in Bets, a First for Prediction Markets - Macquarie expects the 2026 World Cup to draw more than $50 billion in global wagers, the biggest betting event ever – a major milestone made even more important by this being the first football event of its kind to play out with regulated U.S. prediction markets and crypto sportsbooks fighting for their share of the […]

Hyperliquid Whale Holds 81% Short Book and $2.7M Profit as HYPE Bet Pays off - A Hyperliquid trader dubbed a “perma-bear” is running an 81% short book with a $2.7 million all-time profit, led by a $13.57 million HYPE short up $539,000, per analytics firm Nansen. A Bear That Keeps Winning Onchain analytics firm Nansen said a Hyperliquid trader (referred to by the firm as a “Perps Perma-Bear“) is 81% […]

Audiera: Why Agent Native Economies May Be the Next Evolution of Web3 - PRESS RELEASE. Automation has been a fixture of Web3 long before AI agents became a mainstream topic. Bots were already trading, farming incentives, monitoring markets, and competing for rewards across blockchain networks — often becoming some of the most active participants in the ecosystem. Yet despite their outsized influence, these actors were never really accounted […]

Bitcoin at $63,400 as Iran Says Strait of Hormuz Remains Closed Despite Trump’s ‘Great Deal’ Claim - Iran said the Strait of Hormuz remains closed despite President Donald Trump’s claim of a settlement, keeping pressure on oil and a bitcoin price that has swung with every twist of the conflict. Conflicting Claims Trump said during a tele-rally that the U.S. had “made a great deal” with Iran, but Tehran did not confirm […]

Large Libel Models Ruling in Germany, Allowing Liability Against Google AI - From Matthias Bastian (The Decoder) Tuesday: Landmark German ruling declares Google's AI Overviews are Google's own words and makes it… The post Large Libel Models Ruling in Germany, Allowing Liability Against Google AI appeared first on Reason.com.

The Latest Chicanery in Judge Ross's Case - Congress needs to revisit this entire regime.

Steven Spielberg's Disclosure Day Has Some Strange Assumptions About the Media - The best way to release secret footage of alien life is…local TV news? 

Judge Ross Lacked Any Remorse, and The Chief Judge of the Eleventh Circuit Gave Her One Too Many Chances To Correct The Record - The latest developments make Judge Ross's situation, and the Eleventh Circuit's response, even worse.

'VERY HARD' - Plus: SpaceX's initial public offering, L.A. taking S.F.'s place, matchmaking reinvented, and more...

Today in Supreme Court History: June 12, 1967 - 6/12/1967: Loving v. Virginia decided.   The post Today in Supreme Court History: June 12, 1967 appeared first on Reason.com.

Graham Platner Signals a Problem for Democrats, and the Rest of Us - Platner is too typical of a wave of radical and unprepared Democrats who seem poised to take power.

Review: George Washington's Apple Brandy - A replica of Washington's apple brandy is available for purchase at his Mount Vernon estate.

Review: The Lesser-Known Texts That Shaped the American Revolution - The Ideological Origins of the American Revolution draws upon writings and speeches you might not have heard of.

Brickbat: Volunteer Medicine - In Georgia, a new interpretation of state law could force many health clinics run by nurse practitioners to close. Under… The post Brickbat: Volunteer Medicine appeared first on Reason.com.

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.

It’s not Treason. It’s Self-Defense. - “For transporting us beyond seas, to be tried for pretended offences.” From the Declaration of Independence, one of the charges against the King that justified secession. It was built on a violent American raid on the British few of us are ever taught about. In the early hours of June 10, 1772, a band of Rhode Islanders rowed out in the dark, shot and seriously wounded a Royal Navy commander, c...

A Nation of Suspects - Some of the recent legal challenges to the use of surveillance by the Department of Homeland Security upon Americans have resulted in the revelation of truly terrifying behavior by the government, in direct defiance of the Fourth Amendment to the Constitution. We now know that the federal government spies on innocent Americans without suspicion and […] The post A Nation of Suspects appeared fir...

Liberty Isn’t Taken. It’s Surrendered. - Tyrants exploit the ignorance and corruption of the people. Samuel Adams warned us, but don’t just blame the tyrants. He said we should blame the people who make them possible by giving us a self-inflicted tyranny. On this Episode: Liberty isn’t taken. With a one-two punch, it’s surrendered. The post Liberty Isn’t Taken. It’s Surrendered. appeared first on Tenth Amendment Center.

Yes to California's Bill to Ban Surveillance Pricing - Corporations harvest and monetize ever-growing amounts of our personal data, such as our browsing history and physical location. One bitter fruit of this poisonous tree is known as “surveillance pricing”: corporations offer the same product to two different people at two different prices, based on scrutiny of these people’s respective personal data. Surveillance pricing is bad for privacy, equi...

‘News’ Site Keeps Hallucinating EFF Staffers - What do EFF staffers Sarah Chen, Javier Morales, Caitlin Chin, Emma Rodriguez, and Mikko Kopponen have in common?  For one thing, they don’t exist.  For another, all have been quoted as EFF experts in articles published in the past two months on a site called News-USA Today, which describes itself as “an independent news publisher focused on clear, accurate, and useful journalism.”  Uh…  (Pleas...

LGBT Q&A: We’re Back With Season 2!  - Last June during Pride, we launched a new initiative—LGBT Q&A—where we answered your most pressing queer-related digital rights questions on EFF’s Instagram and TikTok accounts. No question was too big or too small! You asked us things like what pictures to use on dating apps; how to remove your name from internet searches; why homophobic content doesn't get removed after you report it; and how...

Fort Wayne Death Doula Secures Final Victory in First Amendment Lawsuit Challenging State’s Restrictions on Discussing End-of-Life Care - FORT WAYNE, Ind.—Today, the United States District Court for the Northern District of Indiana entered a consent decree cementing a Fort Wayne death doula’s victory in her First […] The post Fort Wayne Death Doula Secures Final Victory in First Amendment Lawsuit Challenging State’s Restrictions on Discussing End-of-Life Care appeared first on Institute for Justice.

Indiana Town’s Food Truck Restrictions Are Bad Policy and Unconstitutional, Law Firm Warns  - Today, the Institute for Justice (IJ) sent a letter to local officials in Nashville, Indiana, urging the town to reconsider proposed restrictions on food trucks. The post Indiana Town’s Food Truck Restrictions Are Bad Policy and Unconstitutional, Law Firm Warns  appeared first on Institute for Justice.

North Dakota Says a Ph.D. Isn’t Qualified to Teach Eighth Grade. A Fargo School Is Suing to Change That. - FARGO, N.D.—Today the Institute for Justice (IJ) and Capstone Classical Academy filed a federal lawsuit challenging a North Dakota law that makes it nearly impossible […] The post North Dakota Says a Ph.D. Isn’t Qualified to Teach Eighth Grade. A Fargo School Is Suing to Change That. 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 ...

Gun Owners of America Endorses Byron Donalds for Florida Governor - Gun Owners of America Endorses Byron Donalds for Florida Governor  FOR IMMEDIATE RELEASE  June 11, 2026  TALLAHASSEE, FL — Gun Owners of America (GOA) proudly endorses U.S. Congressman Byron Donalds for Governor of Florida.  As both a former Florida state lawmaker and a current member of Congress, Byron Donalds has compiled a perfect pro-Second Amendment record.  As a freshman state representat...

Gun Owners of America & Fuerza 2A Proudly Endorses James Uthmeier for Florida Attorney General - Gun Owners of America & Fuerza 2A Proudly Endorses James Uthmeier for Florida Attorney General June 9, 2026 TALLAHASSEE, FL — Gun Owners of America & Fuerza 2A are proud to endorse James Uthmeier for Florida Attorney General, citing his proven record of defending the Second Amendment and standing with law-abiding gun owners. As Florida’s Attorney General, Uthmeier has used … Read more

VA: GOA’s Lawsuit Over Gun & Magazine Bans has a hearing this Friday – TAKE ACTION - Gun Owners of America, Gun Owners Foundation, Virginia Citizens Defense League, Virginia Citizens Defense Foundation, and gun rights journalist John Crump’s suit against Virginia’s new gun control laws is being heard this Friday. The case, Crump v. Katz, challenges SB749 and SB727, the sweeping bans on so-called “assault firearms” and standard-capacity magazines. These laws target some of the m...

No ‘designated geniuses’: How Bank of America democratizes innovation - “Innovation isn’t in its own lane,” said Cameron Wadley, a BofA managing director whose patents are at the foundation of the bank’s AI assistant Erica.

Warren blasts Goldman’s Solomon over reports that legal chief is staying - Sen. Elizabeth Warren and another lawmaker wrote the CEO after stories surfaced that he “pressed” Epstein-tied attorney Kathryn Ruemmler to remain an adviser at the bank after her resignation takes effect.

JPMorgan, Barclays, Fifth Third’s Tricolor suit dismissed - A judge said he would explain "in due course" his reasoning for tossing the suit, in which plaintiffs alleged the banks missed the now-bankrupt auto lender's “blatant double-pledging scheme.”

PNC, U.S. Bank CEOs brush off AI-driven cash optimization - At a conference this week, U.S. Bank CEO Gunjan Kedia said the “noise is far outpacing any observed behavior.” Truist’s CFO, likewise, called the AI concern a “conceptual risk.”

Trump nominates CFPB’s former No. 2 as director - One observer called the nominee a “pretty normal type of Republican financial regulator,” as opposed to “ideological Trump 2.0-era figure[s] like Russell Vought.”

PNC's solution to rising AI costs: build its own AI - The bank has decided it doesn't want to be at the mercy of tech companies and the price they demand for services, and is building its own "AI factory."

Trump taps Wall Street top cop Clayton as intelligence chief - Clayton, as US attorney for the Southern District of New York, heads the nation's most prominent federal prosecutors' office.

Tokenization is coming, but the US may lose the chance to write its rules - Tokenization of assets is going to transform global finance, but by dragging their heels on establishing clear rules of the road, U.S. regulators could be pushing the development of key infrastructure overseas.

Compliance expectations muddied with immigration advisory - Regulators are not requiring banks to verify customer citizenship under a May executive order, which is a relief for banks. But how a new Fincen-led guidance will shift compliance expectations remains unclear, especially for smaller banks.

California financier arrested for $100 million bank fraud - Federal prosecutors arrested and charged Mahender Makhijani, 44, with orchestrating a $100 million bank fraud against Western Alliance Bancorp.

Credit supply in the wake of distressed bank acquisitions - by Ryan Niladri Banerjee, Francisco González, José E Gutierrez, José María Serena GarraldaThis paper examines the credit supply effects of sale-of-business (SoB) bank resolutions under the post-Global Financial Crisis regulatory framework, focusing on the resolution of a major Spanish bank. We provide the first micro-level evidence of how an SoB resolution reshapes credit allocation. The acquir...

The anatomy of stablecoin transactions - by Fabian Schär, Anneke Kosse, Tara Rice, Takeshi Shirakami, Jirapat SiridhasanakulStablecoin transfers are often interpreted as payments. On programmable blockchains, however, they are frequently embedded in atomically executed transaction bundles that combine trading, lending, arbitrage, liquidity provision, and settlement. We show that ignoring this structure materially distorts the interpre...

Strengthening the going-concern role of AT1: options and trade-offs - Additional Tier 1 (AT1) instruments are designed to operate as going-concern capital. In instances where the issuer reaches the point of non-viability, these instruments also support an orderly resolution of a gone concern. Nonetheless, in practice, the effectiveness of AT1 Instruments in fulfilling their primary role as going-concern capital is undermined by low trigger thresholds, the discre...

Federal Reserve Board announces final rule that establishes data standards for certain information collections - Federal Reserve Board announces final rule that establishes data standards for certain information collections

Federal Reserve Board announces that results from its annual bank stress test will be released on Wednesday, June 24, at 4 p.m. EDT. - Federal Reserve Board announces that results from its annual bank stress test will be released on Wednesday, June 24, at 4 p.m. EDT.

Agencies remove additional references to reputation risk - Agencies remove additional references to reputation risk

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

Press Release: Agencies Remove Additional References to Reputation Risk - PRESS RELEASE | JUNE 2, 2026 Agencies Remove Additional References to Reputation Risk WASHINGTON—The federal bank regulatory agencies today join...