Precious Metals and Market News

Bitcoin bears win the tug-of-war battle at $62k, analysts warn further declines are likely - Wednesday saw another day of volatile consolidation for the crypto market as Bitcoin struggled to hold support at $62,000 while stocks traded mixed.

Triple-digit gains for the gold miners? AuAg Funds' Eric Strand makes the case - (Kitco News) - While the Federal Reserve is delaying rate cuts due to inflation, the economy is still getting lots of support, noted Eric Strand, founder and portfolio manager of AuAg Funds.

Pension funds, big banks to start allocating to Bitcoin via ETFs – Fidelity - Bitcoin’s price stall below $70,000 could soon end as Fidelity reports that U.S. pension funds are starting to explore making allocations via spot BTC ETFs.

Gold, silver up a bit in quieter, two-sided trading - (Kitco News) - Gold and silver prices are just a bit higher in midday U.S. trading Wednesday, on some more backing and filling on the charts amid a lack of major, fresh fundamental news in the marketplace at mid-week.

PBoC buys gold for 18th straight month, but April also marked second month of sharply lower purchases - (Kitco News) – The People's Bank of China (PBoC) added to their bullion reserves for the 18th month in a row, but April also marked the second month in a row of dramatically lower quantities, suggesting that record-high prices may finally be souring the central bank on gold.

Bitcoin price dips to $62k, bullish options traders bet on $80k by month-end - Bitcoin bulls are battling to hold support at $62,000 in early trading on Wednesday after BTC hit a low of $61,762. Options traders see $80k possible by the end of May.

Big money has already moved in and bought gold - Brien Lundin says investors aren't waiting - (Kitco News) - Despite high yields and a strong U.S. dollar, gold is moving higher because of the compelling macro picture, said Brien Lundin, editor of the Gold Newsletter.

Mild price pressure on gold, silver amid consolidation - (Kitco News) - Gold and silver prices are just a bit lower in early U.S. trading Wednesday, on some backing and filling on the charts amid a lack of major, fresh fundamental news in the marketplace at mid-week.

Gold market analysis for May 8 - key intra-day price entry levels for active traders - (Kitco News) - This 5-minute bar chart for Comex gold futures can be a valuable analytical and trading tool for the active intra-day gold futures trader/market watcher.

Bitcoin May 8 daily chart alert - Bulls, bears on neutral ground - (Kitco News) - Wednesday, May 8—May bitcoin futures prices are a bit weaker in early U.S. trading Wednesday.

Sport Is The Continuation Of Diplomacy By Other Means - Sport Is The Continuation Of Diplomacy By Other Means Authored by René Zittlau via VoiceFromRussia.ch, How the goals of Olympism are being undermined by Western politics – an analysis with a look back at the roots of the Olympic idea. International Olympic Committee established on 23rd June 1894, Paris, Francehttp://Image Source: Olympics.com Introduction “The aim of Olympis...

UK Moves Against Russian Diplomatic Personnel & Sites 'Used For Intel Purposes' - UK Moves Against Russian Diplomatic Personnel & Sites 'Used For Intel Purposes' The British government announced Wednesday it has expelled an official of the Russian embassy for being "an undeclared military intelligence officer." The action comes amid an apparent broader pressure and essentially a war on Russian diplomatic facilities and personnel in the UK, with interior ministe...

The Machinery Of Fascism Revisited - The Machinery Of Fascism Revisited Authored by Jeffrey Tucker via The Brownstone Institute, Fascism became a swear word in the US and UK during the Second World War. It has been ever since, to the point that the content of the term has been drained away completely. It is not a system of political economy but an insult.  If we go back a decade before the war, you find a complete...

Strengthening Our Beleaguered Military Starts With A Maritime Overhaul - Strengthening Our Beleaguered Military Starts With A Maritime Overhaul Authored by Brent D. Sadler via RealClear Wire, America’s security and prosperity is at high risk today, largely because of bad policies backed up by too weak armed forces. Consider our U.S. maritime complex. Decades of neglect and inadequate investment have left our shipping, shipbuilding, Navy, merchant marin...

Hedge Fund Boss Loses Legal Fight Over 2,364 Silver Bars Found In WWII Shipwreck - Hedge Fund Boss Loses Legal Fight Over 2,364 Silver Bars Found In WWII Shipwreck An undersea exploration company backed by a top hedge fund boss in the United Kingdom lost a major legal fight over the salvage of $40 million worth of silver bars from the wreck of a ship lost to a Japanese submarine in World War II.  On Wednesday, Bloomberg reported that the UK's Supreme Court ruled...

A Deep Dive Into The Opioid Crisis - A Deep Dive Into The Opioid Crisis Authored by Matt Bivens, M.D. via Racket News, Editor’s note: the following is the first essay in a series, written by former Moscow Times co-worker and current E.R. doctor Matt Bivens. The remaining features will be published serially on his Substack site, The 100 Days. None of the articles in the series will be paywalled. In a normal presidenti...

These Are The Countries With The Highest Rates Of Crypto Ownership - These Are The Countries With The Highest Rates Of Crypto Ownership This graphic, via Visual Capitalist's Marcus Lu, ranks the top 10 countries by their rate of cryptocurrency ownership, which is the percentage of the population that owns crypto. These figures come from crypto payment gateway, Triple-A, and are as of 2023. Data and Highlights The table below lists the rates of ...

Lawmakers Urge U.S. Action To Halt China's Organ Trade - Lawmakers Urge U.S. Action To Halt China's Organ Trade Authored by Susan Crabtree via RealClearPolitics, A group of leading China critics in Congress is urging the State Department to step up its efforts to curb Beijing’s gruesome $1 billion forced organ harvesting trade, which targets ethnic and religious minorities, including Uyghurs, Tibetans, Muslims, Christians, and Falun Gon...

The Missing Piece Of The Puzzle: Behind The Inexplicable "Strength" Of US Consumers Is $700 Billion In "Phanton Debt" - The Missing Piece Of The Puzzle: Behind The Inexplicable "Strength" Of US Consumers Is $700 Billion In "Phanton Debt" Yesterday we discussed the latest consumer credit data, which revealed that the amount of credit card debt across the US has hit a new record high of $1.337 trillion (even though it appears to have finally hit a brick wall, barely rising in April by the smallest amo...

Argentina To Mine Bitcoin With Stranded Gas - Argentina To Mine Bitcoin With Stranded Gas Authored by Vivek Sun via BitcoinMagazine.com, Argentina's energy sector is increasingly turning to Bitcoin, this time with a state-owned facility using stranded natural gas from oil fields that would otherwise be wasted. JUST IN: 🇦🇷 Argentina state-owned company’s subsidiary will mine $BTC with Stranded Gas: Forbes Eventually, every c...

Here’s why BBVA just launched a hostile bid for Sabadell - Days after a rebuff of an initial offer, BBVA turned hostile in its attempt to acquire smaller rival Sabadell.

Retail traders are using 0DTE options again — and this is what they’re doing - Retail traders are turning again to the popular, but risky, strategy of trading short-term options.

Ten-year Treasury yields back up to 4.5% as rate-cut optimism dims - Bond yields moved higher early Thursday as recent hopes over a summer rate cut were pared somewhat.

BOJ’s policy board becoming more concerned about effects of a weaker yen - The Bank of Japan’s policy board is becoming more concerned about upside risks to its inflation outlook amid the yen’s sharp weakening which leads to higher import prices, according to a summary of opinions from its latest April meeting released Thursday.

Sony, Apollo reportedly plan to break up Paramount if their buyout bid succeeds - Paramount Global’s vast entertainment empire would be broken up if a buyout bid from Sony Pictures Entertainment and Apollo Global Management succeeds, according to a new report.

Duolingo’s longer-term forecast gets brighter, but short-term outlook disappoints - Duolingo Inc. on Wednesday said it saw a jump in demand in the first quarter, but investors appeared more concerned about the second, even as the language-learning app offered up more optimism further out.

Instacart names Uber veteran its new CFO, as results top estimates - Maplebear Inc. — the grocery-delivery platform better known as Instacart — said Wednesday that its chief financial officer had resigned, effective immediately, and appointed a veteran of Uber Technologies Inc. in his place.

Trade Desk scores earnings beat as it continues to ride momentum in connected TV - Continued growth in advertisements on connected TV helped Trade Desk Inc. beat earnings expectations for the latest quarter when it reported results Wednesday afternoon.

AMC’s Q1 loss narrows and ‘better times are ahead’ says CEO Adam Aron - AMC Entertainment Holdings Inc. narrowed its loss in the company’s first-quarter results after the bell Wednesday, and outperformed amid the lingering impact of the Hollywood writers’ and actors’ strikes, according to Chief Executive Adam Aron.

AppLovin’s stock rallies as earnings highlight improvements in app ad market - Investors were liking the latest numbers from AppLovin on Wednesday, as its stock headed higher in the extended session.

Disney, Warner Bros. Discovery to bundle streaming services - Disney and Warner Bros. Discovery plan to bundle their streaming services, Disney+, Hulu and Max.

Google employees question execs over 'decline in morale' after blowout earnings - At an all-hands meeting last week, Google executives responded to employee questions about declining morale even with financial performance improving.

Dow futures slip after index posts sixth straight positive day: Live updates - The 30-stock Dow was the only major index to close higher on Wednesday.

Biden says U.S. won’t supply weapons for Israel to attack Rafah, in warning to ally - President Joe Biden said Wednesday that he would not supply offensive weapons that Israel could use to launch an all-out assault on Rafah over concern for the well-being of the more than 1 million civilians sheltering there.

Generative AI's disinformation threat is 'overblown,' top cyber expert says - Martin Lee, technical lead for Cisco's Talos security intelligence group, suggested the threat from AI-generated misinformation to democracy may be "overblown."

Stanley Druckenmiller gives Biden's economic policies an 'F,' blames the Fed for reigniting inflation - He called "Bidenomics" a failure and said consumers are paying the price in terms of higher inflation.

Renters' hopes of being able to buy a home have fallen to a record low, New York Fed survey shows - The share of renters who believe that they one day will be able to afford a home, fell to a record low 13.4%.

Immigrant workers are helping boost the U.S. labor market - The government predicts that the influx of immigrant workers will grow gross domestic product over the next decade by $7 trillion.

Jobless rates rise in April for all racial groups except Black Americans - The unemployment rate for Black Americans slid in April, bucking the trend in other demographic groups.

U.S. job growth totaled 175,000 in April, much less than expected, while unemployment rose to 3.9% - Markets had expected job growth of 240,000 and the unemployment rate to hold at 3.8%.

U.S. Rep. Mooney introduces bill to end federal taxation on gold and silver - From Money Metals News ServiceEagle, IdahoWednesday, May 8, 2024 U.S. Rep. Alex Mooney, R-West Virginia, has re-introduced sound-money legislation to remove all federal income taxation from gold and silver coins and bullion. The Monetary Metals Tax Neutrality Act (H.R. 8279), backed by the Sound Money Defense League, Money Metals Exchange, and free-market activists, would clarify that the sale ...

Help GATA -- and make money -- by subscribing to The Calandra Report - 8:44a ICT Thursday, May 9, 2024 Dear Friend of GATA and Gold (and Silver and other metals): Mining company shares are taking off as governments are issuing infinite money and incurring infinite debt, and Thom Calandra of The Calandra Report (at Thomcalandra.com) is connecting with newly subscribed GATA supporters and sharing with them his insights about producing gold and silver mines and gold ...

Brien Lundin: Gold stocks aren't really so stuck in the mud - By Brien LundinGold Newsletter / Golden OpportunitiesMetairie, LouisianaWednesday, May 8, 2024 The question I got more than any other at the recent Deutsche Goldmesse conference in Frankfurt was: Why haven't gold stocks responded to gold’s big run higher? I had two answers for them: 1) The rally in gold had been so quick and dramatic that it took everyone by surprise. Investors felt they'd been...

Gold bars sell fast in South Korea's convenience stores and vending machines - By Lee Ying ShanCNBC, New YorkTuesday, May 7, 2024 Aside from ramen and sausages, South Korea's convenience stores have a new popular item on the menu -- gold bars.  The country's largest convenience store chain, CU, has been collaborating with the Korea Minting and Security Printing Corp. to offer customers mini gold bars -- and they're selling like hotcakes. ... Dispatch continues below ... ...

Fed's revolving door spins again as Kaplan returns to Goldman Sachs - Goldman Sachs Names Former Dallas Fed Chief Kaplan as Vice Chairman By Saeed AzharReutersTuesday, May 7, 2024 NEW YORK -- Goldman Sachs said today it had appointed Robert Kaplan, the former president of the Federal Reserve Bank of Dallas, as its vice chairman, adding an influential former policymaker and Goldman alumni to its management committee. Kaplan will give strategic advice to the Wall S...

The Prosecution Targeted Trump, Now They Search for a Crime - Generally, there's a crime and the prosecution makes a case. With Trump, the order is reversed. New York prosecutors picked their man, now they search for a crime, after a trial has started.

What is the Optimal Temperature for Global GDP Growth? - A group of climate alarmists have concluded that global GDP will be 23 percent lower on the current path.

Where Are 10-Year US Treasury Yields Headed? - Jim Bianco at Bianco Research thinks there is one more push higher in long-term yields. Then if sentiment is extreme, he will go long.

Ad-Tech Outfit DoubleVerify Plunges 40% Today, -62% from Peak, 3 Years after IPO. Nabs WOLF STREET Downgrade to “Should Have Never Bought” - We have a special place in our heart for DoubleVerify because it blacklists WOLF STREET in the “brand safety” services it touts to advertisers.

Used Car Prices Continue Historic Plunge, Wholesale Prices Gave up 59% of Crazy Pandemic Spike - Even during tax refund season! Exactly what Americans need. But it’s not helpful for big fleets, such as Hertz.

Buffett Invests in T-bills instead of Stocks, Waits for Bad Stuff to Happen, Cash is King at 5%-plus - When the Oracle of Omaha gets dark-ish on stocks at these prices, he isn't taken seriously, suddenly. It's only when he hypes stocks that everyone jumps in behind him.

Alvin Bragg’s Theories (Plural) of the Case in People v. Trump May Be Gradually Emerging (There Are Three) - The architecture of Bragg's case, and the state of play of its various elements.

2:00PM Water Cooler 5/8/2024 - ~ Today's Water Cooler: Open Thread ~

Consumers Regard the Cost of Money as Part of the Cost of Living - This column examines why consumer sentiment in the US remained depressed in 2023 despite low unemployment and falling inflation, and finds that increasing borrowing costs can explain much of this gap.

It Turns Out ‘Trump Bucks’ Aren’t Actually Legal Tender - But in their defense, sorting out the “official” fake Trump credit cards meant for waving at rallies from the “fake” fake Trump credit cards meant to morph into legal tender is a fairly ...

Legal Tender - Robert Davi (Fix Cleary)Tanya Roberts (Rikki Rennick)Morton Downey Jr. (Mal Connery)Michael Greene (Ed Thorpe)Charles McCaughan (Bud Rennick)Maria Rangel (Lorrie de Luca)Carlos Palomino (Detective ...

King Charles banknotes: When will they be in circulation and will the Queen ones still be legal tender? - Notes featuring the image of the King’s late mother, Queen Elizabeth II, will remain legal tender and can be used in shops as normal. The new notes will gradually replace those featuring the ...

Bitcoin As Legal Tender: Joana Cotar Of German Bundestag Proposes Groundbreaking Legislation In Germany - This push towards recognizing bitcoin as legal tender in Germany signals a significant potential shift in the country's monetary ecosystem. If successful, it could position Germany as a pioneer in ...

Falklands and change of monarch: banknotes and coins, and stamps remain legal tender - Following the death of Her Majesty Queen Elizabeth II and the proclamation of King Charles III the Falkland Islands Government would like to reassure the public that all existing notes and coins ...

VanEck's MarketVector Starts Index to Track the Largest Meme Coins - The index contains a variety of dog-themed coins and other popular meme tokens.

Crypto Monthly Trading Volume Drops for First Time in Seven Months to $6.58T - Bitcoin, the leading cryptocurrency by market value, fell by nearly 15% in April, ending a seven-month winning streak.

'Boden' Memecoin Surges After Trump Quips About It - tk

Crypto Wallet Provider Exodus’ NYSE American Stock Listing Postponed for SEC Review - Crypto wallet company Exodus Movement will not be listing on NYSE American, the New York Stock Exchange’s sibling market, on Thursday as planned, the company announced late Wednesday.

Kgothatso Ngako: How I Brought the Machankura Bitcoin App to Africa - Ngako is speaker at this year's Consensus festival, in Austin, Texas, May 29-31.

Crypto Markets Under Pressure as $2B Worth of Altcoin Token Unlocks and $11B Bitcoin Distribution Loom - Investors should brace for waves of fear, uncertainty and doubt – or FUD – over the next few months, a K33 Research analyst said.

The FCC’s Net Neutrality Ruling Is Good News for Web3 Startups - The principle of an open internet underpinned the growth of the early Web and is just as necessary now. If only the SEC could back innovation in a similar way, says Sarah Aberg, General Counsel at Nova Labs, the company behind Helium Mobile.

Robinhood's Q1 Crypto Trading Volume Surged 224% as SEC Action Looms - The popular trading platform also beat first quarter revenue and earnings estimates.

House Votes to Erase SEC Crypto Policy While President Biden Vows Veto - The U.S. House of Representatives is poised to vote on a resolution Wednesday to reject the Securities and Exchange Commission (SEC) cryptocurrency accounting guidance that the industry said has deterred banks from handling crypto customers, but President Joe Biden is already promising he'll veto the effort if it hits his desk.

Crypto Is an Election Issue This Year. Is That a Good Thing? - A new DCG-funded survey found one-in-five voters think crypto is a key issue in U.S. elections this November.

Revolut Launches Stand-Alone Crypto Trading Platform in the UK - Revolut, the London-based fintech firm, has announced the launch of a new product, Revolut X. This stand-alone crypto exchange is specifically designed for professional crypto traders and marks a major step in the company’s expansion into the crypto market. Revolut X allows trading of over 100 tokens and offers competitive fees of 0% for makers […]

Optimism Stack Update: OP to Support Layer Three With Funding, Features, and Revenue Sharing - Ethereum scaling solution provider Optimism announced plans to enhance blockchain throughput by integrating Layer three applications on top of its OP Stack, aiming to foster a Superchain network where Layer threes can build and share revenue with the Optimism Collective. The OP Stack, an open standard codebase, extends its utility beyond Layer two deployers to […]

Ghana Postal Company Launches ‘Crypto Stamp’ to Mark Ascension of Traditional Ghanaian Ruler - The Ghana Post Company recently launched what it termed the first-ever crypto stamp to commemorate the 25th anniversary of the reign of a ceremonial ruler in Ghana. The managing director of the Ghana Post Company asserted that the crypto stamps would act as a bridge, linking the older and younger generations of Ghana. Crypto Stamp […]

Rwandan Research Paper Recommends CBDC With ‘Partial Pseudo-Anonymity’ - A recent research paper from the National Bank of Rwanda recommends a two-tier, universal, zero-interest central bank digital currency (CBDC) with partial pseudo-anonymity. Although the research paper identifies 15 opportunities for CBDC, only four are said to offer “high potential benefits and limited alternative choices to obtain similar advantages.” Research Paper Identifies 15 CBDC Opportun...

Crypto Wallet Firm Exodus Faces Unexpected Setback in NYSE Uplisting Plan - Exodus Movement, a crypto wallet company, announced that its planned listing on NYSE American will not proceed as scheduled due to the U.S. Securities and Exchange Commission (SEC) still reviewing its registration statement, despite the statement being declared effective at the end of April. The company, which intended to uplist from OTC trading to expand […]

Thursday Open Thread - What's on your mind?

Do Judges "Have an Important Role to Play in Our Society" Beyond Judging? - A disagreement.

No, Unions Aren't Having a Resurgence—and That's Good for Workers - Private unions have every right to exist, but that doesn't mean they're actually beneficial on net.

Court Orders Unsealing of Documents in Lottery Winner's Lawsuit - The lottery winner is suing an ex-girlfriend based on a non-disclosure agreement aimed at concealing his identity. (The motion to unseal, at this point, is aimed at just unsealing various sealed documents in the case, not at disclosing the parties' names.)

No Second Amendment or Privacy Right Problem with California Laws Disclosing Firearms Purchaser Information to Certain Researchers - From today's decision in Doe v. Bonta, written by Judge Mary Schroeder and joined by Judges Patrick Bumatay and Salvandor Mendoza: California's DOJ maintains two databases relevant to this case. The first database relates to purchasers of firearms and applicants for CCWs. It is called the Automated Firearm System ["AFS"]. The second relates to purchasers of…

Michigan Supreme Court Allows Evidence Collected by Drone, Without a Warrant - The court declined to address whether the search violated the Fourth Amendment and merely held that the evidence could not be excluded in a civil case.

Stormy Daniels' 'Credibility Issues' Reflect a Broader Problem With Key Witnesses Against Trump - New York prosecutors are relying on testimony from several people who do not seem trustworthy.

An Atlanta Cop Killed This Man For Refusing To Sign a Ticket - Now his victim's family has been awarded a $3.8 million settlement.

Is America's Blank Check for Israel Ending? - President Biden is holding up a shipment of 3,500 bombs to Israel, after months of resisting any conditions on U.S. aid to Israel.

Noam Dworman: Free Speech for All, From Finkelstein to Chapelle - The owner of the Comedy Cellar and viral podcaster wants to argue with you about Israel, the media, and whether women are funny.

No, Canada Did Not Recriminalize Drugs in British Columbia - Opposing the drug war should entail supporting reasonable public nuisance laws.

As Policymakers Begin to Crack Down on Xylazine (Tranq), They Should Get Ready for Medetomidine - Policymakers always fight the last battle while drug trafficking organizations open new fronts.

Building for Babies: Build, Baby, Build and Fertility - To be clear, housing prices probably aren’t the main cause of falling fertility. I put more blame on laborious parenting philosophies, intermediate foresight, and absurd credential inflation. But cheaper housing would almost surely help, and freeing housing markets is the best known way to make housing cheap.

Jones Act Exacerbates US Ferry System Struggles - Protectionist maritime laws are impeding the ability of U.S. ferry systems to obtain the vessels and mariners they need to operate.

Should Government Redistribute Media Income? - So rather than redirect funds to legacy media outlets, state lawmakers might instead consider allowing private actors to get on with the business of sharing neighborhood news without state intervention.

To the Governor: Vermont Bill Would Authorize Overdose Prevention Centers Despite Federal Prohibition - the Vermont House gave final approval to a bill that would authorize the establishment of "overdose prevention centers" in the state despite federal law prohibiting the same. The post To the Governor: Vermont Bill Would Authorize Overdose Prevention Centers Despite Federal Prohibition first appeared on Tenth Amendment Center.

Missouri House Committee Passes Bill to Treat Gold and Silver as Legal Tender - Under the proposed law, gold and silver in physical or electronic form would be accepted as legal tender and would be receivable in payment of all debts contracted for in the state of Missouri. The state would be required to accept gold and silver for the payment of public debts. Private debts could be settled in gold and silver at the parties’ discretion. The post Missouri House Committee Pass...

War and Foreign Policy: Top-5 Influences on the Founders - They’re mostly ignored or forgotten today. But, to the founders, these five formed an international law and foreign policy pantheon. The post War and Foreign Policy: Top-5 Influences on the Founders first appeared on Tenth Amendment Center.

Free Speech Around the World | EFFector 36.6 - Let's gather around the campfire and tell tales of the latest happenings in the fight for privacy and free expression online. Take care in roasting your marshmallows while we share ways to protect your data from political campaigns seeking to target you; seek nominees for our annual EFF Awards; and call for immediate action in the case of activist Alaa Abd El Fattah. As the fire burns out, know...

What Can Go Wrong When Police Use AI to Write Reports? - Axon—the makers of widely-used police body cameras and tasers (and that also keeps trying to arm drones)—has a new product: AI that will write police reports for officers. Draft One is a generative large language model machine learning system that reportedly takes audio from body-worn cameras and converts it into a narrative police report that police can then edit and submit after an incident. ...

Speaking Freely : Nompilo Simanje - Nompilo Simanje is a lawyer by profession and is the Africa Advocacy and Partnerships Lead at the International Press Institute. She leads the IPI Africa Program which monitors and collects data on press freedom threats and violations across the continent, including threats to journalists’ safety and gendered attacks against journalists both online and offline to inform evidence-based advocacy....

White House Releases v.2 of National Cybersecurity Strategy Implementation Plan - The White House released Version 2 of the National Cybersecurity Strategy Implementation Plan.

EPIC, Coalition Urge New York Lawmakers to Pass Biometric Recognition Bans - EPIC and a coalition urged New York lawmakers to pass a suite of bills banning facial recognition in

Massachusetts Data Privacy Act Approved by Legislative Committee - The Joint Committee on Advanced Information Technology, the Internet, and Cybersecurity of the Massachusetts General Court announced today that the Massachusetts Data Privacy Act had been reported favorably out of Committee.

Public Interest Law Firm Applauds Passage of Bill Making It Easier for Returning Citizens to Find Work, Encourages Gov. Polis to Sign It into Law - ARLINGTON, Va.—Today, the Institute for Justice (IJ) applauded the Colorado General Assembly for passing HB 24-1004, which will make it easier for individuals with a […] The post Public Interest Law Firm Applauds Passage of Bill Making It Easier for Returning Citizens to Find Work, Encourages Gov. Polis to Sign It into Law appeared first on Institute for Justice.

Public Interest Law Firm Encourages Michigan Supreme Court to Rule Smell of Legal Marijuana Does Not Create Probable Cause - ARLINGTON, Va.—Today, the Institute for Justice (IJ), together with the Cato Institute, filed an amicus brief in a case before the Michigan Supreme Court, urging […] The post Public Interest Law Firm Encourages Michigan Supreme Court to Rule Smell of Legal Marijuana Does Not Create Probable Cause appeared first on Institute for Justice.

New Report Shows How to Reform Local Regulations to Help Support Entrepreneurs - ARLINGTON, Va.—Today, as part of its “Cities Work” project, the Institute for Justice (IJ) released a new report explaining how to reform local regulations to […] The post New Report Shows How to Reform Local Regulations to Help Support Entrepreneurs appeared first on Institute for Justice.

SAF FILES MEMORANDUM IN JR. SPORTSCASE OVER CAL. LACK OF COOPERATION - BELLEVUE, WA – Attorneys representing the Second Amendment Foundation and its partners in a case known as Junior Sports Magazines v. Bonta have filed a memorandum of points and authorities supporting their earlier motion to enforce a court mandate and issue a preliminary injunction. The memorandum was filed in U.S. District Court for the Central The post SAF FILES MEMORANDUM IN JR. SPORTSCASE O...

GUNS.COM RENEWS SUPPORT OF SAF AS SILVER CORPORATE PARTNER - BELLEVUE, WA – May 2, 2024 – The Second Amendment Foundation (SAF) is pleased to announce that Guns.com – a leading online firearms retailer – has renewed their support of SAF as a corporate partner at the Silver level. “Guns.com is proud to support SAF to push back against anti-gun groups and the gun-ban agenda,” The post GUNS.COM RENEWS SUPPORT OF SAF AS SILVER CORPORATE PARTNER appeared firs...

SCOTUS DISTRIBUTES SAF GUN BAN CHALLENGES FOR MAY 16 CONFERENCE - BELLEVUE, WA – Two Second Amendment Foundation cases challenging bans on so-called “assault weapons” and magazine capacity—one in Illinois and the other in Maryland—are among five cases distributed Tuesday by the U.S. Supreme Court for conference May 16. The cases are known as Harrel v. Raoul and Bianchi v. Frosh. They were accompanied by cases The post SCOTUS DISTRIBUTES SAF GUN BAN CHALLENGES...

Two thefts decades apart, and a victim's quest for answers - After a California woman spent more than a decade obtaining reparations for Nazi plundering of her family's belongings, the money disappeared from her bank account. Her saga highlights a gap in fraud cases between what consumers expect from their banks and what those banks are in a position to deliver.

Fed's Cook cites CRE and cyber as financial stability risks - Federal Reserve Governor Lisa D. Cook highlighted concerns over private credit growth, commercial real estate distress and escalating cyber threats in remarks on financial stability at the Brookings Institution Wednesday.

Fintechs pitch banks with solutions to help consumers deal with debt - Consumer debt aggregators such as Method, Payitoff, Spinwheel and Tally are partnering with financial institutions to embed solutions that aggregate account information and devise ways to optimize repayment — including with low-interest offers from the bank itself.

Will Democrats stand by Gruenberg? - Federal Deposit Insurance Corp. Chair Martin Gruenberg will testify next week in Congress. Those hearings — which will come after the publication of a bombshell report detailing widespread misconduct at the agency — could signal whether he has a future at the FDIC.

Bankers, investors look past shaky near-term conditions and see growth - Bank stocks are up this year as interest rates have leveled off and there are hopes that pressure on lenders' profits could moderate.

Unconditional convergence in the Mexican manufacturing sector (1988–2018) - by Alex RivadeneiraIn this paper, I digitize economic census data to study unconditional convergence in manufacturing labor productivity across Mexican states from 1988 to 2018.

Kazuo Ueda: Virtuous cycle between wages and prices and the Bank of Japan's monetary policy - Speech by Mr Kazuo Ueda, Governor of the Bank of Japan, at a meeting by the Yomiuri International Economic Society, Tokyo, 8 May 2024.

Lisa D Cook: Oh, the places you'll go and the things you'll do - Speech by Ms Lisa D Cook, Member of the Board of Governors of the Federal Reserve System, at the 2024 Commencement, Georgia College and State University College of Business and Technology and College of Arts and Sciences, at separate ceremonies, Milledgeville, Georgia, 4 May 2024.

Federal Reserve Board issues enforcement action with First Citizens Bank of Butte - Federal Reserve Board issues enforcement action with First Citizens Bank of Butte

Agencies issue guide to assist community banks to develop and implement third-party risk management practices - Agencies issue guide to assist community banks to develop and implement third-party risk management practices

Federal Reserve Board requests comment on proposal to expand the operating days of the Federal Reserve Banks’ two large-value payments services, Fedwire Funds Service and the National Settlement Se... - Federal Reserve Board requests comment on proposal to expand the operating days of the Federal Reserve Banks’ two large-value payments services, Fedwire Funds Service and the National Settlement Service, to include weekends and holidays

Special Review Committee of the FDIC Board of Directors Releases Independent Third-Party Report - REPORT | MAY 7, 2024 Special Review Committee of the FDIC Board of Directors Releases Independent Third-Party Report The Special Review Committee of the Federal Deposit Insurance Corporation (FDIC) Board of Directors today released the report from the independent third-...

FDIC Board of Directors Meeting - BOARD MATERIALS | MAY 6, 2024 By notational vote, the Board approved a notice regarding Proposed Rulemaking on Incentive-based Compensation Arrangements. The following item was approved: Proposed Rulemaking to Address Incentive-Based Compensation Arrangements Memor...

U.S. Army One Ounce Silver Medal Becomes Available on May 7 - WASHINGTON – The United States Mint (Mint) will open sales for the U.S. Army One Ounce Silver Medal on May 7 at noon EDT. The medal is part of the United States Armed Forces Silver Medal Program, which honors the... The post U.S. Army One Ounce Silver Medal Becomes Available on May 7 appeared first on United States Mint.