Precious Metals and Market News

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%,...

Spot gold at $4,062/oz after U.S. May PPI rises 1.1%, core PPI up 0.4% - (Kitco News) - The gold market is approaching its earlier lows after the latest data shows U.S. producers saw mixed price pressures last month.The headline Producer Price Index (PPI) rose 1.1% in May, following April’s downwardly revised 1.1% rise, the U.S. Labor Department announced on Thursday. The latest inflation data was higher than expectations, as economists looked for a 0.7% increa...

Gold breaks toward $4,000 as oil, yields weigh on metals - Kitco PM Report - (Kitco NewsWire) - Spot gold and silver prices are sharply lower after the close Wednesday, as the May inflation report, elevated Treasury yields and renewed U.S.-Iran escalation overwhelmed residual safe-haven demand.

Gold price could triple if 1970s bull market pattern holds, says Jeff Clark - (Kitco News) - Gold’s sharp correction this year may be unsettling for investors, but one market strategist argues the precious metal remains firmly within a historic bull market that is tracking one of its most historic rallies almost “tick for tick.”

$4,075/oz gold is now in play, and the price will need to challenge $4,600 before bullish momentum resumes – Saxo Bank’s Hansen - (Kitco News) – Gold is trading firmly below its 200-day moving average as labor market strength and rising inflation reinforce the higher-for-longer rate narrative, which are supporting bond yields and the dollar, with $4,075/oz gold now in play, but long-term fundamentals remain supportive, according to Ole Hansen, head of commodity strategy at Saxo Bank.In a new update published Tuesday, Hans...

Bank of Canada maintains rate at 2.25%, says they ‘will not let higher energy prices become persistent inflation’ - (Kitco News) - The Bank of Canada (BoC) maintained its key overnight rate at 2.25% on Wednesday, as expected, with the bank rate staying at 2.50% and the deposit rate remaining at 2.20%. The BoC said economic activity in Canada has been weak and uncertainty about U.S. trade policy persists, while the conflict in the Middle East is ongoing and oil prices remain elevated, but they reiterated...

Gold, silver fall as CPI keeps Fed pressure on - Kitco AM Report - (Kitco NewsWire) - Spot gold prices are sharply lower and spot silver prices are also weaker in early U.S. trading Wednesday, as May inflation held above 4%, Treasury yields stayed elevated and U.S.-Iran tensions kept energy-risk pressure in the macro backdrop.

Gold market exhales as U.S. CPI rises roughly in line with expectations - (Kitco News) - The gold market is seeing some volatility with a modest relief rally as U.S. inflation pressures continue to rise, but in line with economists' expectations.

Iran Is 'Finished': Trump Vows 'Bigger, More Powerful' Bombing Tonight After Tehran Declared Ceasefire 'Meaningless' - Iran Is 'Finished': Trump Vows 'Bigger, More Powerful' Bombing Tonight After Tehran Declared Ceasefire 'Meaningless' Summary Trump follows with mention of "bigger, more powerful" bombing of Iran tonight. He pledged "they're finished". Trump announces intent to hit the Iranians "VERY HARD TONIGHT". Iran Foreign Ministry: US attacks "rendered the ceasefire dated April 8, 2026 effe...

Bessent Pulls Trigger On Using Frozen Funds To Reimburse Gulf Allies: 'Iran Will Pay' - Bessent Pulls Trigger On Using Frozen Funds To Reimburse Gulf Allies: 'Iran Will Pay' US Treasury Secretary Bessent announced on X Thursday morning that Washington is moving forward on a plan to compensate America's Gulf regional allies for damage sustained during Iranian counterattacks on their energy and civic infrastructure. He made clear that any damage to Gulf allies would be...

War And Piece - War And Piece By Michael Every of Rabobank Sorry, Bank of Canada (rates held at 2.25%), Chinese CPI and PPI (1.2% and 3.9% y-o-y headline) US CPI (0.5% m-o-m and 4.2% y-o-y headline, 0.2% and 2.9% core), and the ECB today: you all matter but are just pieces of the global picture one now needs to finish: the war vs. Iran. Changing the recent pattern, President Trump said he would ...

Iran Threatens Elon Musk's Gulf-Area Starlink Ground Stations In Suspicious Timing Ahead Of SpaceX IPO - Iran Threatens Elon Musk's Gulf-Area Starlink Ground Stations In Suspicious Timing Ahead Of SpaceX IPO Summary: Iran Threatens Musk's Starlink Ground Bases In Gulf Area Ahead Of IPO   Massive SpaceX IPO Demand Coming From Gulf Sovereign Wealth Funds IranIntlbrk is the X handle for Iran International's breaking-news account and cites Tehran-aligned Fars News Agency, statin...

AI Price Wars Begin: OpenAI Considers "Drastic Price Cuts" In Pursuit Of Anthropic Customers - AI Price Wars Begin: OpenAI Considers "Drastic Price Cuts" In Pursuit Of Anthropic Customers Earlier today, in a report discussing how "AI bills are out of control", JPMorgan tech guru and TMT salesman, Mark Schilsky wrote that "most of my high level investor discussions focus on one major topic: when will the party end? Put another way, tech investors have made so much money in Se...

US Initial Jobless Claims Jump To 4-Month-Highs - US Initial Jobless Claims Jump To 4-Month-Highs The number of Americans filing for unemployment benefits for the first time jumped to 229k last week (more than the 220k expected) and the highest in four months... Source: Bloomberg Pennsylvania, California, and Minnesota are the states seeing the largest rise in claims last week... Continuing jobless claims also rose last wee...

Bill Gates Tells Congress That Epstein Exploited Knowledge Of His Adultery - Bill Gates Tells Congress That Epstein Exploited Knowledge Of His Adultery Microsoft founder and mega-billionaire philanthropist Bill Gates told Congress that Jeffrey Epstein exploited knowledge of Gates' multiple marital infidelities. Gates insists, however, that he committed no crimes and that the women he had adulterous sexual relations with were not associated with Epstein. Non...

Core Producer Prices Cooler Than Expected In April, Goods Costs Jump Most On Record - Core Producer Prices Cooler Than Expected In April, Goods Costs Jump Most On Record After yesterday's mixed bag from consumer prices (headline in-line but core cooler than expected and goods deflating), US Producer Prices were expected to keep accelerating higher (on a YoY basis) in May and they did... by more than expected. Headline PPI rose 1.1% MoM in May (much hotter than the ...

ECB Hikes Rates For First Time Since 2023 (As Expected); Cuts Growth, Hikes Inflation Outlook - ECB Hikes Rates For First Time Since 2023 (As Expected); Cuts Growth, Hikes Inflation Outlook As fully expected, The ECB hiked its key rate by 25bps (for the first time since 2023) as the policymakers battle with the dilemma of economic weakness combined with rising inflation. Obviously, raising rates to dampen inflation could further slow the economy, while easing rates to suppor...

Futures Rise, Oil Drops As US Ends Iran Strikes - Futures Rise, Oil Drops As US Ends Iran Strikes US equity futures are higher led by tech and small caps, with traders buying the dip in stocks as a swift conclusion to the latest round of US strikes against Iran raised expectations that talks over a peace deal and the reopening of the Strait of Hormuz will get back on track. As of 8:00am ET, S&P futures rise 0.7% to recover from a f...

I’m 60, retired with $3 million. My fiancée, 55, only has $1 million and plans to keep working. Are we compatible? - “Although she is quite frugal, she has not been particularly diligent with investing.”

Social Security benefits and costs are perfectly reasonable — no case exists for massive cuts - It might be nice to reduce the large share of benefits going to high earners who retire later and live long lives.

The big question: Why is the European Central Bank hiking rates when the Fed is not? - The European Central Bank, in hiking interest rates on Thursday for the first time since 2023, is making a choice the Federal Reserve is not: to increase rates into a supply shock.

Big Tech is preventing new stock-market highs as investors change the way they play AI, says this top strategist - Nomura’s Charlie McElligott says investors are finally waking up to the problems with a market that is too concentrated on AI leadership.

Wholesale inflation surges again and keeps the pressure on businesses and the U.S. economy - Wholesale prices in May posted the biggest back-to-back increase since 2022 and kept the pressure on businesses as they try to navigate another wave of U.S. inflation.

Samsung, one of the world’s hottest stocks, is hit by insider-trading probe - Samsung shares have rallied 150% so far this year with Korea’s army of retail investors speculating on further gains as the supply=demand imbalance in memory chips shows no sign of abating.

Planning to ‘flip’ SpaceX IPO shares? Be prepared to pay the price. - A large portion of IPO shares will be allocated to retail investors, but they face penalties if they sell too soon.

RIP Euro summer: Americans are trading Tuscany for Tacoma, thanks to soaring airfares - Surging airfares have made it harder for price-conscious travelers to justify summer vacations in Europe — and many are opting to travel within the U.S. instead.

‘It’s causing friction’: I’m taking a trip with 14 friends. What is the fairest way to split the food bill? - “I’m worried it’s going to make people irritable and ruin the trip.”

As artificial-intelligence capital expenditures rise, so do the risks for AI stocks, Goldman Sachs tells investors - Forecasts of $920 billion in AI-related capex in 2027 are likely too conservative.

Trump threatens to seize 'total control' of Iran's oil industry including key export terminal Kharg Island - Trump said the forthcoming operations to take over Iran's oil infrastructure, and its oil and gas markets, would be similar to U.S. actions in Venezuela.

Iran threatens Elon Musk's companies in Middle East: Iranian state media - Iran will consider all of Elon Musk's companies in the Middle East as military targets as it retaliates against the U.S., Iranian state media reported.

Bezos speaks to CNBC exclusively as his AI startup Prometheus raises $12 billion: Live updates - Prometheus is Jeff Bezos' AI startup that launched in November with $6.2 billion in funding. Vik Bajaj is his co-CEO.

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.

Wall Street sees one clear winner from the World Cup gambling boom - Several investment banks think DraftKings will benefit the most from the soccer tournament that kicks off Thursday.

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.

Energy prices take center stage as the ECB prepares to decide on rates - The ECB is expected to raise rates by 25 basis points as higher energy prices drive inflation and raise concerns about broader price pressures.

The May inflation numbers are due out Wednesday morning. Here's what to expect - If the Wall Street consensus is correct, the consumer price index is expected to show inflation running at a 4.2% annual rate.

New Fed chairman wants to move the inflation goalposts - By Mike MaharreyMoney Metals Exchange, Eagle, IdahoTuesday, June 9, 2026 What do you do if you have a standard that's not being met? Move the goalposts! Of course you could work harder to meet the goal. But that's hard. So why not just change the standard and make it easier to meet? That seems to be a strategy at the Federal Reserve. ... Dispatch continues below ... ... ADVERTISEMENT ... Bull...

Consumer prices rose 4.2% annualized in May, highest in three years - By Jeff CoxCNBC, New YorkWednesday, June 10, 2026 Inflation accelerated in May as rising energy costs contributed to pain for consumers, though underlying pressures were less intense. The consumer price index, a broad gauge of goods and services costs across the U.S. economy, rose at a seasonally adjusted 0.5% for the month, putting the annual inflation rate at 4.2%, the Bureau of Labor Statist...

Governments sell bonds at record pace as their spending soars - By Hannah Benjamin-Cook and Alice GledhillBloomberg NewsWednesday, June 10, 2026 Governments are borrowing from syndicated bond markets at a record clip as public spending surges. Sovereign issuers have sold $504 billion of the debt -- which is offered to investors via banks -- so far this year, according to data compiled by Bloomberg. That's more than in the first half of 2020, when nations we...

India's gold tariff hike prompts smuggling revival, squeezes banks and refiners - By Rajendra JadhavReutersTuesday, June 9, 2026 MUMBAI -- India's sharp increase in gold import tariffs is fueling a resurgence in smuggling that could exceed 100 ​metric tons this year, as soaring gray-market margins allow smugglers to undercut banks and refiners of the ‌precious metal, industry officials and bullion dealers said. India, the world's biggest gold market after China, more than do...

BIS gold swaps rise as the metal's price falls - 9:53p ET Tuesday, June 9, 2026 Dear Friend of GATA and Gold: As gold prices keep falling, gold swaps arranged by the Bank for International Settlements on behalf of its member central banks keep rising. Drawing on the bank's monthly statement for May -- https://www.bis.org/banking/balsheet/statofacc260531.pdf -- which was published today hard upon publication of the bank's statements for March ...

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.

Supply of Existing Single-Family Homes at 10-Year High, Condo Supply at 12-Year High, Sales still in Freezer - Compared to May 2019, sales were down the most in the West (-32%) and Northeast (-31%), less so in the South (-15%) and Midwest (-17%).

As Home Sellers Grapple with Reality, Listing Prices Fall by Most in at Least a Decade - But each market dances to a different drummer, and declines have been far bigger in many markets.

SpaceX stock is coming to Solana on the same day it lists on Nasdaq - The firms making that possible say eligible shares can also be converted back into tokens, creating a bridge between traditional brokerage accounts and blockchain-based markets.

Canton Network developer raises $355 million to bring Wall Street onchain - The investment comes as blockchains designed for big banks and institutions are having a moment, with Stripe's Tempo and Circle's Arc raising hundreds of millions of dollars.

Tether leads $1.4 billion funding round in German robotics company Neura - The investment is part of the stablecoin giant’s expansion into industries outside of crypto.

CoinDesk 20 performance update: Uniswap (UNI) gains 4.5% as all constituents rise - Solana (SOL), up 2.6% from Wednesday, was also a top performer.

Citi opens new route into private markets with tokenized share offering - The bank said it is using blockchain technology to connect investors with private company equity through digital depositary receipts.

Ondo Finance hires former Invesco ETF chief to build onchain investment products - John Hoffman will spearhead Ondo's expansion from tokenizing individual assets to full investment portfolios and strategies.

It's not SpaceX. Bitcoin ETF outflows may be an arbitrage story - While some analysts argue investors are selling bitcoin to free up capital for anticipated IPOs such as SpaceX and Anthropic, Sygnum's Fabian Dori says market data points elsewhere.

Michael Saylor and Jack Mallers go toe-to-toe over Strategy's bitcoin reporting metrics - The two bitcoin treasury leaders renewed the debate over Strategy's mNAV and dilution, with Saylor arguing that equity issuance for cash strengthens, rather than dilutes, shareholders.

As SpaceX IPO approaches, Polymarket, Ventuals assign $2 trillion valuation onchain - Your day-ahead look for June 11, 2026

Bitcoin advances, holds above key technical level that ether, solana can't break through - BTC's dominance rate has risen from last week's low, a sign of renewed capital flowing into the largest cryptocurrency as major altcoins struggle.

Institutional Giants Back $355M Canton Network Round as DTCC Treasury Deal Nears - Digital Asset, the company behind the Canton Network, raised $355 million in a new equity round led by Andreessen Horowitz’s A16z Crypto fund, which contributed $100 million, bringing together one of the most concentrated groups of institutional capital ever assembled behind a blockchain infrastructure play. Who Wrote the Check The round drew participation from Abu […]

Bitcoin Traders Eye $64K Resistance as RSI Hangs at the Lowest Level Since November 2018 - Bitcoin rebounded 2.3% on June 11, 2026, climbing from a session low of $60,914 to a high of $63,200, but technical indicators present a divided picture that traders are watching closely. Intraday Recovery Holds Above $62K The 24-hour gain brought bitcoin’s price to approximately $62,780 at the time of analysis, with a market capitalization near […]

South African Reserve Bank Backs Payshap Over Digital Rand as Cassim Targets Real-Time Payments - The South African Reserve Bank has decided to pause the immediate implementation of a digital rand despite successfully testing its technical feasibility. Digital Rand Trials Reveal Privacy and Speed Tradeoffs The South African Reserve Bank (SARB) has no compelling need to immediately launch a digital version of its currency, a top official said, citing significant […]

Luno CEO James Lanigan Warns $33T Stablecoin Boom Could Bypass South Africa - Luno CEO James Lanigan warned that South Africa’s proposed Capital Flow Management Regulations could severely harm the country’s economic competitiveness by restricting stablecoin use. Lanigan Warns of Competitiveness Risk South Africa risks severely undermining its global economic competitiveness if upcoming financial regulations block the use of stablecoins, according to James Lanigan, chief ...

Nasdaq-Listed Fold Sells $45M in Bitcoin, Clears $20M Debt and Frees Cash for Expansion - Fold Holdings recently sold $45 million in bitcoin and used the proceeds to pay off $20 million in bitcoin-collateralized loans. Debt Elimination and Liquidity Boost The Nasdaq-listed bitcoin financial services company, Fold, disclosed that it monetized approximately $45 million of bitcoin at an average price of about $71,000 per bitcoin. From the proceeds, Fold repaid […]

Blockbuster NYT Reveal About Judge Ross Scandal - The Times spoke to three of Judge Ross's clerks and obtained the "offensively vague" apology letter.

2 Texas Grandmothers Who Overcame Addiction Wanted To Become Social Workers. The State Wouldn't Let Them. - Now Katherin Youniacutt and Tammy Thompson are taking their fight to become licensed master social workers to the Texas Supreme Court.

Is It the Phones? - Plus: Knicks victorious, Iran is angry, and more...

'Find Some Kids': How Health Officials Drummed Up Fake Support for Tobacco Bans in Massachusetts Towns - State health officials scouted towns, scripted hearings, recruited teen witnesses, and celebrated each ban as a "win."

Today in Supreme Court History: June 11, 1993 - 6/11/1993: Church of the Lukumi Babalu Aye v. City of Hialeah decided. The post Today in Supreme Court History: June 11, 1993 appeared first on Reason.com.

Gordon Wood's Enduring Defense of the American Revolution - Plus: When tattoos meet copyright law

1776 All-Stars: Why Thomas Jefferson Is the Most Fascinating Founder - The author of the Declaration of Independence may have written "the greatest sentence ever."

Brickbat: 'Less Serious' Theft - Former San Luis Obispo County, California, probation officer Fallyn Rollins was sentenced to 270 days in county jail after she… The post Brickbat: 'Less Serious' Theft appeared first on Reason.com.

Open Thread - What’s on your mind?

The House Just Passed a 'Pro-Worker' Bill That Takes Power Away From Workers - The Faster Labor Contracts Act promises quicker union agreements, but it would let federal arbitrators impose contracts workers never approved.

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.

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...

Congress Just Rushed Through a Disastrous Copyright Office Overhaul - In a voice vote earlier this week, the House of Representatives passed H.R. 6028, the “Legislative Branch Agencies Clarification Act.” The legislation is presented as a technical reorganization of some government agencies, but it’s much more than that.  H.R. 6028 would fundamentally change the U.S. Copyright Office, and not in a good way. The bill removes the Library of Congress’ current superv...

The 702 Ultimatum: Warrant Requirement or Bust - For months now, Congress has been kicking the ball down the road—temporarily postponing the expiration of the mass surveillance authority Section 702 of FISA in hopes that some consensus could be reached. Now, with the deadline looming, the stakes have never been higher. Nearly every time the statute has come up for renewal, the people demanding privacy and civil liberties have had to compromis...

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.

Texas Social Workers To Petition Texas Supreme Court For Right to Work After Lifetime Ban - AUSTIN, Texas—Last Thursday, the Fifteenth Court of Appeals dismissed a case filed by Katherin Youniacutt and Tammy Thompson, two Texas grandmothers with master’s degrees who […] The post Texas Social Workers To Petition Texas Supreme Court For Right to Work After Lifetime Ban appeared first on Institute for Justice.

Retiree’s Construction of Dream Home Blocked by Nonsensical Zoning from City After Decades of Planning - ARLINGTON, Va.—Art Yatsko has been working towards a dream for the last 20 years. Art lives in Rhode Island and dreams of escaping from the […] The post Retiree’s Construction of Dream Home Blocked by Nonsensical Zoning from City After Decades of Planning 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 & 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...

PA: Stop the “Lock Up Your Safety” Bill in Harrisburg! - Harrisburg Gun Grabbers Want to Criminalize Your Self-Defense! The anti-gun Democrats in Harrisburg are launching yet another direct assault on your God-given rights. On Monday, June 8th, the House Judiciary Committee is scheduled to hear two highly critical bills. This committee is run by Representative Tim Briggs (D-149), one of the most rabidly anti-gun members of the House who proudly … Rea...

Trump nominates CFPB’s former No. 2 as director - If confirmed by the Senate, former Deputy Director Brian Johnson would replace Russ Vought, who has led the agency as acting director since February 2025.

Pagaya sues Klarna over alleged trade secret misappropriation - The BNPL firm’s objective was to “absorb Pagaya’s trade secrets, use them to build its own competing capabilities, and cut Pagaya out,” the underwriting fintech alleged.

Figure to buy AI-powered real estate lending platform Kiavi - Investment firm Sixth Street will also join a venture that’s set to buy loans off Kiavi’s balance sheet as part of the $717 million deal.

Customers take more money out of Citizens over ICE ties - The Greater Boston Interfaith Organization is withdrawing an additional $2 million from its Citizens accounts. Two Massachusetts state representatives pledged to do so as well, with one planning to remove $100,000.

5 bank failure-related changes the FDIC is considering - The agency’s chair, Travis Hill, outlined potential changes to deposit insurance assessments, private capital’s role in bids for failed banks, and a potential exception to the “least cost” requirement.

Q&A: Why the ICBA is taking a more aggressive stance on crypto - Independent Community Bankers of America is launching a new campaign comparing community banks with crypto companies, and highlights potential harm that the latter could pose to Main Street.

New capital proposals set the banking industry on a dangerous course - Plans to allow U.S. banks to reduce the capital they hold create uncomfortable echoes of past turmoil in credit markets. As regulators contemplate relaxing standards meant to protect the public, they should look to past financial crises.

Prediction markets may not be worth the risk - How much of the FOMO is manufactured?

Why some California-licensed banks may seek federal charters - Rising assessment fees and the fear of punitive actions under newly installed state regulator Rohit Chopra may push some California-chartered banks to switch to a federal overseer, some industry observers say.

Trump picks Brian Johnson, former CFPB No. 2, to lead bureau - The White House has nominated Brian Johnson, the former CFPB deputy and a veteran Capitol Hill staffer, to permanently lead the bureau.

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...

Burkhard Balz: Cash and the digital euro – complementary forms of public money - Opening statement by Mr Burkhard Balz, Member of the Executive Board of the Deutsche Bundesbank, at the ESTA Conference and Exhibition 2026, Berlin, 8 June 2026.

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

Federal Reserve Board issues enforcement actions with former employee of Atlantic Union Bank and former employee of Frost Bank - Federal Reserve Board issues enforcement actions with former employee of Atlantic Union Bank and former employee of Frost Bank

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...