Kitco News
Wall Street on the brink of bearish majority after gold’s post-payrolls slide, Main Street abandons bullish bias as metals test support -
(Kitco News) – Gold prices fell sharply this week as early pressure from rising Treasury yields, a stronger U.S. dollar, and renewed Fed rate-hike expectations overwhelmed safe-haven demand, and even Friday’s weak payrolls report couldn’t deliver a sustainable boost.
IMF says bond markets are ‘orderly,’ but gold’s resilience says something else -
(Kitco News) - If rising bond yields around the world aren’t really a problem, why is the International Monetary Fund talking about them?
Metals give back jobs-report bounce as oil, yields stay elevated - Kitco PM Report -
(Kitco NewsWire) – Spot gold and silver prices were lower in late U.S. trading Friday, as a weaker-than-expected U.S. payrolls report cut October Fed-hike odds but failed to break the broader pressure from elevated Treasury yields, a firm dollar and lingering oil-market risk. At the time of writing, spot gold was trading near $4,142.00 an ounce, down 0.83% on the session, while spot silver...
Gold bulls disappointed as weak jobs report fails to spark rally, $4,000 support looms -
(Kitco News) - Early morning optimism turned into disappointment among gold investors, as prices were unable to hold on to their initial gains following weak U.S. employment data.
Gold’s resilience supports strong outlook, silver faces oversupply, copper could be the big gainer – Deutsche Bank’s Ghali -
(Kitco News) – Gold is performing remarkably well despite the high-yield environment, and while the silver market has likely tipped into oversupply, the biggest potential gains in the metals complex are likely to be found in copper, according to Daniel Ghali, head of metals research at Deutsche Bank.
Gold, silver rise as weak payrolls cut Fed-hike odds - Kitco AM Report -
(Kitco NewsWire) – Spot gold and silver prices are firmer in early U.S. trading Friday, as a weaker-than-expected U.S. employment report pulled Treasury yields lower, trimmed October Fed-hike expectations and added to safe-haven demand while Strait of Hormuz risk kept energy inflation in view. At the time of writing, spot gold was trading near $4,216.80 an ounce, up 0.96%, while spot silver was...
Gold prices see sold bid as U.S. economy created 29k jobs in September -
(Kitco News) - The gold market is seeing solid bullish momentum on renewed safe-haven demand as the U.S. labor market saw significantly slower growth in September.
Washington will inflate away its $40 trillion debt, and gold is how you fight back - Jim Rickards -
(Kitco News) - With the 10-year Treasury yield at a 2002 high, the author of "Currency Wars" says inflation, not repayment, is how the debt gets handled, and he thinks gold has already shown savers where to hide.
Gold holds firm despite elevated yields as Fed bets soften - Kitco PM Report -
(Kitco NewsWire) – Spot gold and silver prices were firmer in late U.S. trading Thursday, as bullion found support from easing October Federal Reserve rate-hike expectations while elevated Treasury yields and a firm U.S. dollar continued to limit upside.
Gold’s selloff creates a tactical buying opportunity, but Carley Garner says she’s still bearish at $4,500 -
(Kitco News) - Gold investors battered by the latest selloff could see some relief through October, as one market strategist sees an opportunity for a tactical bullish trade even though she remains bearish on the precious metal’s longer-term outlook.
Zero Hedge
Victorian Doctors Seek Answers From OpenAI And Governments Over Medicare Breach -
Victorian Doctors Seek Answers From OpenAI And Governments Over Medicare Breach
Authored by Rex Widerstrom via The Epoch Times,
The Australian Medical Association (AMA) Victorian branch has called on OpenAI and the Victorian and federal governments to explain how they will protect patient health data following a security incident in which an OpenAI agent gained unauthorized access...
11 Million US Workers May Need To Switch Careers By 2035 -
11 Million US Workers May Need To Switch Careers By 2035
This month has made it very clear how AI doom narratives are promoted in an information operation through public relations firms, billionaires, and endless streams of climate-like doom corporate media headlines. These efforts aim to shape public opinion about AI and push for tighter regulation, giving those at the top of fron...
Chinese Hackers Impersonate Former White House Official In Attempt To Steal US AI Policy Secrets -
Chinese Hackers Impersonate Former White House Official In Attempt To Steal US AI Policy Secrets
Authored by AG News Staff via American Greatness,
Chinese-linked hackers have allegedly been impersonating American artificial intelligence experts, including a former White House official, in a targeted cyberespionage campaign aimed at obtaining sensitive information about U.S. AI pol...
Minnesota Might Hand Republicans A Senate Upset Nobody Predicted -
Minnesota Might Hand Republicans A Senate Upset Nobody Predicted
Democrats entered this year's midterms aiming to flip Senate seats in Maine, North Carolina, Alaska, and Ohio, and hold Georgia and Michigan.
With the national mood really riding against the GOP, they see opportunities in Texas and Iowa as well. But things appear to be changing. That Democrats plan to flip the Sen...
25 States Ask Supreme Court To End Maine's 72-Hour Gun-Purchase Wait -
25 States Ask Supreme Court To End Maine's 72-Hour Gun-Purchase Wait
A Montana-led coalition of 24 state attorneys general and the Arizona Legislature is urging the Supreme Court to hear a challenge to Maine's three-day waiting period for gun purchases.
Under Maine's law, a seller can't hand over a firearm until 72 hours after the buyer and seller agree to the sale. The wait run...
US To Allow Online Applications For 1st-Time Passports: Rubio -
US To Allow Online Applications For 1st-Time Passports: Rubio
Authored by Naveen Athrappully via The Epoch Times,
Beginning next year, U.S. citizens can apply for their first passport fully online, according to Secretary of State Marco Rubio.
A woman applies for a U.S. passport online. Shutterstock"By the end of 2027, our goal is for the vast majority of Americans to be able to a...
Army Deploys To Rio Grande Valley After Cartel Gunmen Open Fire On Coast Guard Crew -
Army Deploys To Rio Grande Valley After Cartel Gunmen Open Fire On Coast Guard Crew
Roughly 500 troops are being dropped onto islands in the Rio Grande by Chinook helicopters, days after suspected cartel gunmen opened fire on a US Coast Guard crew from the Mexican side of the river.
The deployment figure comes from sources who confirmed it to NewsNation, which also obtained video ...
Stockpiling Begins: Neros Awarded $100 Million Pentagon Contract For Kamikaze Drones -
Stockpiling Begins: Neros Awarded $100 Million Pentagon Contract For Kamikaze Drones
US defense company Neros Technologies, which focuses on Category 1 one-way attack drones, was awarded a $100 million contract under the Department of War's Drone Dominance Program for 14,000 drones and explosive payloads.
The award, under the Drone Dominance Program's Gauntlet II, prioritizes Ar...
The Fed Created Zohran Mamdani -
The Fed Created Zohran Mamdani
Submitted by QTR's Fringe Finance
Usually, at least once a day, I come across something on the internet that almost causes me to lose my lunch. Yesterday, it was a photo of Zohran Mamdani and Curtis Sliwa holding hands and getting flu shots together.
As someone who observed the mayoral race in New York City closely, I found the spectacle disgusting...
Siberian Plague-Lab Death Draws FSB Escort For Ambulances -
Siberian Plague-Lab Death Draws FSB Escort For Ambulances
A possible plague case in Siberia has triggered a major containment effort after the death of a 28-year-old employee of an anti-plague laboratory. A hospital wing is under quarantine, nearly 200 people are reportedly under observation, and Russia's chief sanitary official has flown in. Local outlets say FSB units have been e...
MarketWatch - Top Stories
The government can take 15% of Social Security benefits to repay student loans. These proposals seek to stop it. -
Debt among older Americans is rising, both in terms of the number of older households carrying debt and the amount borrowed.
Falling wages, soaring energy prices and inflation: It’s beginning to look a lot like the 1970s -
Is it time to dust off the financial playbook from that dismal decade?
My wife never went back to work after raising our kids. Do I have to share my retirement savings 50/50? -
“For 14 years I have gotten up every morning and gone to work while she has been free to pursue whatever interested her.”
‘I don’t want to die on the sales floor’: I’m 67 and earn $19.50 an hour at a big-box store. When can I finally retire? -
“I started taking Social Security at 66 and receive $2,410 a month. I have $214,000 in my 401(k).”
These bond strategies can help you get a safe 5% return on your cash -
With U.S. Treasury yields on the rise, financial planners say they’re seeing a growing interest in bonds, especially among investors looking to secure fixed income in retirement.
‘I want to make her proud’: My mother, a divorcée, died and I’m her executor. Do I need to file for probate? -
“The only debts were utility and credit-card bills, which we will pay off.”
A tough job market is pushing more young Americans to make a big bet: on themselves -
There has been a rise in entrepreneurship among young Americans as the entry-level labor market has become tougher to join.
Switching jobs to get higher pay works best in these industries -
Finding a new job is one way to get a pay increase at a time when inflation has been outpacing wage growth.
‘I have $400,000 in equity’: I’m 80. Should I sell my house because of dangerous stairs — or spend thousands renovating? -
“Generally, the advice I’ve read says not to sell because I have a low-interest-rate mortgage.”
The No. 1 mistake beginners make with travel cards, according to The Points Guy -
The Points Guy’s Brian Kelly gave me a crash course in annual fees and redemptions to offset rising travel costs
CNBC Top News
CNBC Economy
Men are losing ground in the labor market. Here's why -
Women outnumbered men in the workforce for eight straight months as of September, according to one analysis.
Labor market faltered in September as jobs increased by just 29,000, unemployment rate rose to 4.2% -
Nonfarm payrolls rose by just 29,000 in September, well below the 84,000 forecast, and the unemployment rate rose to 4.2%, the Bureau of Labor Statistics said.
The September jobs report will be released Friday. Here's what to expect -
Wall Street is looking for job growth of 84,000 to close out the summer.
Fed’s preferred gauge showed core inflation at 3.0% in August, much lighter than expected -
The personal consumption expenditures price index was projected to show an annual gain of 3.7% on headline and 3.3% for core, according to the Dow Jones consensus.
Private sector jobs rose by 90,000 in September, better than expected, ADP reports -
Private job creation picked up in September after a brief slowdown.
GATA
LBMA's legal fight poses threat to bullion market -
Jack Ryan and Jack FarchyBloomberg Newsvia Yahoo News, Sunnyvale, CaliforniaSaturday, October 3, 2026
The industry body that sets the rules for the world's biggest gold market faces an existential legal battle in a London courtroom next week, in a case that could have far-reaching implications for how the industry polices its supply chain.
The London Bullion Market Association is being sued by ...
Gold keeps flowing from African countries with none -
By Michael J. KavanaghBloomberg NewsFriday, October 2, 2026
When investor demand sent gold prices to all-time highs this year, Africans rushed to cash in.
Exports hit records in multiple countries -- sometimes doubling or tripling in value, according to trade data analyzed by Bloomberg.
But many of those nations have barely any gold to mine.
... Dispatch continues below ...
... ADVERTISEMENT ....
Entrenched premium leaves gold primed to climb despite surge in U.S. bond yields -
By Polina DevittReutersvia WSAU-AM550, Wausau, WisconsinThursday, October 1, 2026
LONDON -- Gold's resilience above $4,000 an ounce despite soaring Treasury yields suggests the post-2022 demand premium is proving more durable than many expected, setting the stage for further gains once the US Federal Reserve's tightening cycle ends.
Typically, gold -- a non-yielding asset -- moved largely in th...
Sean Ring: If you're a saver, you're a sucker -
By Sean RingDaily Reckoning, BaltimoreThursday, October 1, 2026
In the fall of 1923, a German housewife waited at the factory gate for her husband’s pay.
Back then, workers got paid at least once a day because prices rose by the hour. A wife needed to be ready the instant the cash hit her hand. Then, like a relay runner handed a baton, she sprinted to the shops. The bread she bought at noon wou...
Ronan Manly: Gold is no one's liability, the asset no one can print, freeze, or default on -
By Ronan ManlyBullion Star, SingaporeMonday, September 28, 2026
The modern financial system is built on an assumption so deeply accepted that it is rarely tested: that the institutions and infrastructure standing behind financial assets will remain trustworthy.
That assumption holds only in a world where the institutions holding the financial system together act the same way today and tomorrow ...
Wolf Street
Legal Tender News
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 ...
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, ...
What Is Considered Legal Tender in the US? -
"Legal tender" means that the financial instrument in question legally serves to pay any public or private debt. Federal law guarantees its printed value regardless of its intrinsic convertible value, ...
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 ...
This Day In Market History: Legal Tender Act Of 1862 -
What Happened? On this day in 1862, U.S. President Abraham Lincoln signed the Legal Tender Act into law. Where The Market Was: The Legal Tender Act predates both the S&P 500 and the Dow Jones ...
CoinDesk
Payments firm OpenPayd targets year-end Nasdaq listing to fund U.S. expansion and acquisitions -
CEO Iana Dimitrova said OpenPayd aims to launch in the U.S. by April 2027 and is eyeing deals to add licenses and technology.
Crypto job postings triple to over 1,200 in September, but applications fall -
Finance, engineering and trading led hiring demand, while Bitcoin, Ethereum and Solana were the most frequently requested blockchain skills.
Cathie Wood says smart investors need to start watching where AI agents spend money -
As AI agents evolve from answering questions to spending real money, investors and tech giants are scrambling to control the financial networks powering machine-driven commerce.
Crypto's Sisyphean struggle -
Progress will effectively reset when the new Congress is sworn in, because key senators who quarterbacked the bill will not be on the ballot again, writes the Cato Institute's Ryan Chan-Wei.
BlackRock offers a glimpse of how tokenization may change your investment portfolio -
Tokenization is not just about putting individual stocks and funds onchain. The next step could be entire investment portfolios that can be traded, rebalanced and eventually managed in real-time.
Bank group sues U.S. regulator over granting crypto trust charters -
The Independent Community Bankers of America sued the Office of the Comptroller of the Currency, accusing the regulator of overstepping its legal authority.
BNY in talks with Kraken parent Payward over infrastructure partnership -
The potential agreement could span digital assets, custody, trading, payments and other financial-market infrastructure.
Once a $2 billion Ethereum layer-2, Blast is shutting down after assets plunge 98% -
Once home to more than $2 billion in crypto assets, Blast is shutting down as activity fades, costs rise, and bigger platforms like Coinbase and Robinhood build networks of their own.
Trump’s potential AI czar, Jay Clayton, helped pioneer the SEC’s crypto crackdown -
The former SEC chairman who may be tapped to oversee the Trump administration's AI work has a potentially divisive history as a watchdog of tech innovation.
America at a crossroads: Commissioner Peirce’s parting challenge -
It is incumbent upon us to continue Commissioner Peirce’s mission, writes Will Schwartz, policy associate at the Blockchain Association.
bitcoin.com
XRP Ledger Targets Oct. 9 for Upgrade Bundling 8 Transactions -
The XRP Ledger is targeting Oct. 9 for a Batch upgrade that could coordinate payments and asset transfers in one operation. A separate security amendment approaching activation would require server operators to update their software. 8 Actions in One Submission, With Different Execution Rules Payments and asset transfers could settle together under a pending XRP […]
Kiyosaki Sees Bitcoin as Part of a Broader ‘Financial Prepper’ Bet -
Bitcoin ownership represents a precaution against economic disruption in Robert Kiyosaki’s latest defense of financial preparedness. The Rich Dad Poor Dad author challenged the idea that anticipating trouble reflects pessimism, arguing that protecting wealth can coexist with a positive outlook. Robert Kiyosaki Compares Bitcoin Ownership to Carrying Insurance Holding assets outside government-is...
XRP Ledger Nears 12 Million x402 Payments as AI Agents Buy Services -
The XRP Ledger has reached nearly 12 million x402 payments as AI agents purchase computing, data, and other online services. Ripple’s engineering leadership describes expanding automated commerce as software buys computing, data, and emerging financial offerings. AI Service Purchases Push XRPL Near 12 Million Payments AI agents’ purchases of digital services have helped bring tracked […]
XRP Asia Launches With Ripple Backing to Accelerate XRPL Adoption -
XRP Asia has launched with Ripple and the XRP Ledger Foundation backing to expand XRPL adoption across Asia-Pacific. The Singapore-based organization will combine developer education, startup assistance, and community programs to help teams bring applications to market. XRP Asia Connects Builders Across the Region Developers and startups across Asia-Pacific are getting a dedicated organization ...
Trump Dangles $5,000 Checks in $1.2 Trillion Midterm Stimulus Gamble -
U.S. President Donald Trump has attached a startling $5,000 payout to the 2026 midterms. If Republicans keep the House and Senate on Nov. 3, Trump says every adult U.S. citizen should receive the money, a promise carrying a price tag of roughly $1.2 trillion. Trump spent Saturday promoting a check that does not yet exist, […]
Reason
Tenth Amendment Center
The Word “Emergency” Doesn’t Exist in the Constitution. That’s no Accident. -
That means the rules of the constitution apply whether someone calls it an “emergency” or not. On this episode, it’s the founders’ long-forgotten warning about the oldest weapon in the book. Let politicians have extra power or funding because THEY declare an emergency? And you’ll get never-ending emergencies.
The post The Word “Emergency” Doesn’t Exist in the Constitution. That’s no Accident. a...
The ONLY Cure for a Corrupted Republic -
Removing the corruption and restoring its lost principles is what Montesquieu said is the only path forward. Everything else is doomed to failure: “every other correction,” he warned, ”is either useless or a new evil.” On this episode, it’s the top-6 principles that built American independence. Forgotten and ignored for generations, but only truly lost if “We the People” refuse to bring them ba...
When War Comes Home: A Constitutional Warning -
Every generation faces a temptation to exchange freedom for security. Every generation is told that normal rules cannot apply because a crisis is too serious, an enemy too dangerous and a moment too urgent.
The post When War Comes Home: A Constitutional Warning appeared first on Tenth Amendment Center.
Electronic Frontier Foundation
Site-Blocking Will Not Defend IP, No Matter the Bill’s Name -
There has been a raft of site-blocking bills in the latest Congress, and the latest is called the “Deterring Extraterritorial Foreign Exploitation of Networks Damaging Intellectual Property” aka the “DEFEND IP Act.” The problem is that instead of “defending IP,” this bill will incentivize censorship, overblocking, and bad faith attempts to block access to a website. DEFEND IP Act, and all of th...
Congress Has Another Site-Blocking Bill, And This One Targets VPNs -
Congress is taking another run at site-blocking, a deeply flawed concept that would undermine basic internet infrastructure. Rep. Darrell Issa (R-CA) has introduced the American Copyright Protection Act (ACPA), H.R. 10364, a bill that would give copyright owners a new legal tool to block Americans’ access to foreign websites accused of copyright infringement.
The basic idea is all too familiar...
Victory! Court Rejects Government Effort to Dismiss Social Media Surveillance Lawsuit -
Judge Allows Social Media Surveillance Lawsuit Against Trump Administration to Move ForwardNEW YORK — A lawsuit filed by three labor unions against the Departments of State and Homeland Security for their viewpoint-based surveillance and suppression of protected expression online can move forward, a federal judge ruled yesterday.
On October 1, 2026, Judge Alvin K. Hellerstein of the U.S. Distri...
The Institute For Justice - Press Releases
Brentwood’s Arguments About its Blight Designation and Eminent Domain Don’t Hold Up -
ARLINGTON, Va.—Brentwood, Missouri has designated blocks of the Manchester Road Corridor as blighted, a first step in an envisioned plan to redevelop the neighborhood. Several […]
The post Brentwood’s Arguments About its Blight Designation and Eminent Domain Don’t Hold Up appeared first on Institute for Justice.
Victory! Court Allows East Cleveland Resident to Pursue First Amendment Political Retaliation Claims Against City and Officials -
ARLINGTON, Va.—For over four years, William Fambrough has been pursuing justice against the city of East Cleveland, Ohio for violating his First Amendment right not […]
The post Victory! Court Allows East Cleveland Resident to Pursue First Amendment Political Retaliation Claims Against City and Officials appeared first on Institute for Justice.
Federal Court Grants Preliminary Approval to Settlement in Brookside, Alabama Policing-for-Profit Lawsuit -
BIRMINGHAM, Ala.—A federal court granted preliminary approval of a class-action settlement in the Institute for Justice’s (IJ) policing-for-profit lawsuit against the town of Brookside, Alabama. […]
The post Federal Court Grants Preliminary Approval to Settlement in Brookside, Alabama Policing-for-Profit Lawsuit appeared first on Institute for Justice.
Second Amendment Foundation
TAURUS RENEWS PLATINUM-LEVEL CORPORATE PARTNERSHIP -
BELLEVUE, Wash. — April 24, 2025 — The Second Amendment Foundation (SAF) is pleased to announce that Taurus Holdings Inc. has renewed their commitment to the organization as a Platinum-level corporate partner. “At Taurus, we believe that the right to keep and bear arms is fundamental to the American way of life,” said Taurus USA
The post TAURUS RENEWS PLATINUM-LEVEL CORPORATE PARTNERSHIP appear...
CA NON-RESIDENTS CAN APPLY FOR CARRY PERMIT STARTING APRIL 22 -
BELLEVUE, Wash. — April 22, 2025 — Thanks to a preliminary injunction in the Second Amendment Foundation’s (SAF) case CRPA v. LASD, starting Tuesday, April 22, non-resident SAF members can apply for a California carry permit. The injunction requires that California accept permit applications from any United States resident outside the state who is a
The post CA NON-RESIDENTS CAN APPLY FOR CARR...
SCOTUS DENIES CERT IN WORTH, SAF WIN IN EIGHTH CIRCUIT STANDS -
BELLEVUE, Wash. — April 21, 2025 — In a case that could potentially have far-reaching implications for similar lawsuits across the nation, the U.S. Supreme Court has denied Minnesota’s Petition for Writ of Certiorari in Jacobson v. Worth, the Second Amendment Foundation’s (SAF) challenge to the 18-20-year-old carry ban in the state. Minnesota asked the
The post SCOTUS DENIES CERT IN WORTH, SAF ...
Gun Owners of America
GOA Sues City of Jacksonville, Florida Over Illegal Gun-Free Zones -
FOR IMMEDIATE RELEASE September 29, 2026 Jacksonville, FL — Gun Owners of America (GOA), Gun Owners Foundation (GOF), Florida Carry, and individual plaintiffs have filed a lawsuit challenging firearm restrictions enforced at City-owned venues across Jacksonville. The suit (Case No. 16-2026-CA-006676-AXXX-MA) names the City of Jacksonville, Sheriff T.K. Waters, and Mayor Donna Deegan—and chall...
President Trump Just Killed DOJ’s Appeal -
PRESIDENT TRUMP TOLD DOJ: DON’T APPEAL GOA’S WIN! Thank you to President Trump for supporting the Second Amendment! President Trump personally ordered the Justice Department not to appeal our NFA victory. The deadline to file would have been October 5th. But, ATF still hasn’t issued guidance for FFLs and gun owners on how to proceed after the win. GOA has … Read more
State Of The Second. Issue vol. 3 -
Get up to speed on Vol. 3 of State of the Second The third issue of State of the Second is now available. Following the launch of our inaugural digital magazine, Issue Two continues to bring together original reporting, interviews, firearms-industry coverage, and long-form features created exclusively for GOA members. Inside this issue, you’ll find: Expert perspectives from across the firearms...
Banking Dive
Warren, Van Hollen pressure OppFi to ditch bank deal -
Weeks after nonbank lender Enova scrapped its bid to buy Grasshopper Bank, two Senate Democrats are urging nonbank lender OppFi to abandon its own dealmaking efforts.
Dive Deposits: BofA, Barclays show their populist side -
Bank of America is expanding its apprenticeship program at a time of year when it typically would raise the hourly wage for its lowest-paid staff. Meanwhile, Barclays conceded (partially) on its office-return mandate.
Fed watchdog finds mismanagement, not criminality, in $2.5B renovation -
The Federal Reserve Board should establish a guaranteed maximum price for its renovation project, which is now several years in, the Office of the Inspector General said.
Amerant Bank CEO tackles credit crisis -
Efforts to change the internal culture around credit risk within the Florida bank’s lending portfolio have begun paying off, Carlos Iafigliola said.
Stripe swallows Parafin -
The payments processor is buying an embedded financing company that caters to small businesses, in its second acquisition in as many months.
American Banker
Fed extends deadline for Regulation O comments -
The central bank extended the deadline for comments on Regulation O by one month, to Nov. 4.
Nubank shuts down rumors it's buying Monzo -
The Brazil-based digital bank, which recently launched a U.S. business, submitted an SEC filing to stop the spread of misinformation.
The Clearing House plots next gen settlement for on-chain network -
The bank-owned payments company has been developing an interoperable payments network that will allow banks to clear and settle tokenized deposit transactions. It's targeting an early 2027 launch for the network, and is working toward an atomic future thanks to bank demand.
As CDFIs face headwinds, states bolster their support -
More states are providing funding to community development financial institutions, which are contending with hostility from the Trump administration and challenges from high interest rates.
Northern Trust begins search for CFO to succeed Fox -
Chicago-based Northern Trust has started its search for a new CFO as David Fox plans to retire in March; the American Fintech Council has been appointed as an observer on the Conference of State Bank Supervisors' newly formed nonbank industry advisory; Wells Fargo has hired JPMorganChase investment banker David Harkin to advise on technology deals, and more in this week's banking news roundup.
Bank of International Settlements
Federal Reserve - Press Releases
FDIC - Press Releases