Precious Metals and Market News

Gold holding $2,600 ahead of shortened holiday trading week - (Kitco News) - Despite ending the week in negative territory, the gold market managed to hold critical support at around $2,600 an ounce, even after the Federal Reserve signaled it would slow the pace of rate cuts in 2025.

Nearly half of retail traders expect silver to trade above $40/oz in 2025, experts see gains despite economic challenges - The Kitco News Annual Silver Survey showed strong belief in the gray metal’s bullish potential on the part of retail traders, while the big banks and industry experts mostly expect continued strength from silver prices. 

Gold will likely hit $3,000 in 2025, but analysts are not expecting another 30% rally - (Kitco News) - Gold's historic rally in 2024 is far from over as the new year approaches; however, many analysts are warning investors to temper their bullish enthusiasm, at least during the first half of the year.

Bitcoin’s breaking point? Why a 50% crash could hit harder than ever in 2025 – Clem Chambers - (Kitco News) - In a year defined by geopolitical turmoil and economic uncertainty, gold and Bitcoin have taken center stage as investors seek refuge in hard assets. However, Clem Chambers, CEO of Online Blockchain, has two different outlooks on the two assets for 2025.

Silver can still outperform gold next year, spot price could reach $40/oz in 2025 – Saxo Bank’s Hansen - (Kitco News) – Silver's standout performance this year was driven by a mix of macroeconomics and rising industrial demand, and the same drivers could enable silver to outperform gold in 2025, according to Ole Hansen, head of commodity strategy at Saxo Bank.

2025 gold price preview: Bulls still in the driver’s seat - (Kitco News) - I believe the majority of my valued Kitco readers are longer-term investors in precious metals--more of the “buy and hold” types as opposed to the more active futures traders of precious metals.

Spot gold trades at session high $2,620/oz as final UofM Consumer Sentiment confirms 74 reading in December - (Kitco News) - The gold market is trading at session highs ahead of the weekend after the latest data confirmed that consumer sentiment in the U.S. improved to its highest level in over half a year.

Gold price firmer after slightly cooler U.S. inflation data - (Kitco News) - Gold prices are moderately higher in early U.S. trading Friday, following a U.S. inflation report that came in just a bit cooler than expected.

Bitcoin December 20 daily chart alert - Bulls are fading - (Kitco News) - Friday, December 20--January bitcoin futures prices are lower again in early U.S. trading and hit a three-week low.

Gold market analysis for December 20 - 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.

Escobar: Anarchy In The Levant - Your Future Dream Is A Chaos Scheme - Escobar: Anarchy In The Levant - Your Future Dream Is A Chaos Scheme Authored by Pepe Escobar, Tehran and Moscow harbor no illusions – and are preparing accordingly. The war on BRICS is just getting started. Syria as we knew it is being eviscerated in real time – in geographic, cultural, economic and military terms – by an appalling confluence of mercenary Rent-a-Jihadi mobs an...

Diddy, Deadpool, & The Donald: 2024 In Google Searches - Diddy, Deadpool, & The Donald: 2024 In Google Searches 2024 will be another year not forgotten any time soon. A look at the biggest trending Google searches can serve as a reminder for just some of the events and situations that have shaped our world over the last 12 months. The following chart, via Statista's Anna Fleck, looks at the most-googled terms between January 1 and Novem...

Trump Could Tariff NATO Allies That Do Not Pay Up - Trump Could Tariff NATO Allies That Do Not Pay Up Authored by Anders Corr via The Epoch Times, Russia launched almost 300 drones and missiles in a coordinated attack on Ukraine’s energy infrastructure on Dec. 13. The attack is an apparent attempt to further terrorize Ukrainians into surrender by destroying their heat and light in the middle of winter. The war has dragged on for a...

Rocking Around The Plastic Tree - Rocking Around The Plastic Tree For some families, the search for the right Christmas tree is an annual event. However, as Statista's Felix Richter reports, for large shares of Americans and Brits though, this search may have ended a long time ago - the perfect tree already sitting safely in the attic or garage, ready for its glorious but fleeting return to the living room. As...

Never Underestimate The Power Of Unfinished Business - Never Underestimate The Power Of Unfinished Business Authored by Robert Malone via The Brownstone Institute, The Fathomless Bottom of the Deep State The Senior Executive Service (SES) class of federal employees was created under President Carter through the passage of the Civil Service Reform Act of 1978. The SES was established to “…ensure that the executive management of the Go...

Trump-Era Official Blasts Canada Over Fentanyl Super Labs & Transnational Crime Gangs  - Trump-Era Official Blasts Canada Over Fentanyl Super Labs & Transnational Crime Gangs  President-elect Donald Trump's threat to impose a sweeping 25% tariff on all goods and services from Canada, aimed at pressuring the neighbors to the north to curb cross-border fentanyl and human smuggling, has thrown Prime Minister Justin Trudeau's government into a state of turmoil.  Trade bet...

Parents' Rights Group Reveals Dept Of Ed Spent $1 Billion On DEI Since 2021 - Parents' Rights Group Reveals Dept Of Ed Spent $1 Billion On DEI Since 2021 Authored by Elad Vaida via Campus Reform, A parental rights group published a report showing that the Department of Education has spent enormous sums to promote Diversity, Equity, and Inclusion. Parents Defending Education works to “reclaim our schools from activists imposing harmful agendas.” It publish...

Check Your WiFi Router Brand... US Mulls Ban On Chinese-Made TP-Link - Check Your WiFi Router Brand... US Mulls Ban On Chinese-Made TP-Link Chinese TP-Link routers, the best-selling ones on Jeff Bezos' Amazon, have been intensely scrutinized by US investigators due to links to multiple Chinese cyberattacks. This has prompted US officials to consider a potential ban on these routers, citing national security concerns.  Sources familiar with investigat...

'Hawk Tuah' Influencer Breaks Silence After Memecoin Rig-Pull Allegations - 'Hawk Tuah' Influencer Breaks Silence After Memecoin Rig-Pull Allegations Authored by Turner Wright via CoinTelegraph.com, Hailey Welch, the influencer behind the viral ‘Hawk Tuah’ TikTok video, has released a statement after a memecoin bearing her handle pumped and dumped quickly after its December launch. In a Dec. 20 X post, Welch said she was “fully cooperating” with lawyer...

Eggflation: Dozen-Pack At Supermarket Hit Record Highs As Bird Flu Ravages Farms - Eggflation: Dozen-Pack At Supermarket Hit Record Highs As Bird Flu Ravages Farms New retail price data shows supermarket prices of a dozen eggs have soared to record highs. The surge comes amid an ever-expanding bird flu outbreak that has led to the culling of millions of birds, denting the size of the nation's egg-laying hen population.  Bloomberg cited Expana data showing that a...

Materials are the worst performer in the S&P 500 this year. What 2025 holds for this beaten-down sector. - There might be a bullish story underway for materials stocks in 2025 — but watch out for this wild card.

More than $125 million is stolen every year on Zelle. The feds say little is done to stop it. - A lawsuit filed by the CFPB says Zelle and the big banks that own it left the platform vulnerable to fraud in an effort to rush it to market to compete with Venmo and CashApp.

Why the stock market may sell off even more in January - Also: A high-income play that has beaten the S&P 500’s 10-year return, a new official whiskey category for the U.S., and other weekend reads.

As the wealthy keep spending, here’s why the middle class is in for a tough 2025 - Over the last year, middle-income Americans have started to behave more like lower-income consumers, an economist noted. More inflation and a tight job market in 2025 stand to increase pressure on a group that is already financially spread thin.

The Mega Millions jackpot is nearing $1 billion — but that’s not the only reason lottery sales could see a holiday spike - Christmas also fuels one form of lottery playing in particular.

Video platform Rumble rallies on $775 million investment from an influential — and oft-scrutinized — crypto giant - The stablecoin firm plans to buy more than 103 million shares of Rumble.

Banner year for fixed-income funds leaves TCW and Western Asset behind - A few flagship bond funds from some big-name Southern California-based firms saw outflows of more than $10 billion each this year through November, according to Morningstar Direct.

Treasury yields end with second week of advances, with interest rates set to stay elevated in 2025 - Yields on U.S. government debt finished with their second consecutive weekly advances on Friday, as traders positioned for the likelihood of fewer 2025 rate cuts from the Federal Reserve than they had expected a month ago.

Oil prices score weekly losses on strong dollar, China demand worries - Oil futures settled little changed on Friday but tallied losses for the week after feeling pressure from a surging U.S. dollar and continued concerns about the demand outlook, particularly from China, the world’s largest crude importer.

FedEx’s freight-unit spinoff offers ‘early Christmas’ to Wall Street - Stifel, TD Cowen and Susquehanna analysts praised the move and boosted their price targets for the delivery giant’s stock.

Government shutdown averted after Senate passes bipartisan House stopgap funding bill - President Biden is expected to sign the bill Saturday.

Dow closes nearly 500 points higher on cooler inflation data, but index posts third straight losing week: Live updates - All three major averages posted weekly losses despite seeing a rebound in Friday's session.

CFPB sues JPMorgan Chase, Bank of America and Wells Fargo over Zelle payment fraud - Zelle, a peer-to-peer payments network run by bank-owned fintech firm Early Warning Services, allows for instant payments to other consumers and businesses.

Senate passes Social Security benefits increase for some public workers - The Social Security Fairness Act passed by a vote of 76-20 in the early hours of Saturday.

These stocks that were big losers in 2024 could rebound early next year, Wolfe says - Companies that tanked this year may enjoy a short-lived jump in 2025, the researcher found.

Key Fed inflation measure shows 2.4% rate in November, lower than expected - The PCE price index was expected to show a 2.5% annual inflation rate in November after rising 0.2% monthly.

Russian central bank surprises markets by holding key rate at 21% - Russia's central bank on Friday left its key interest rates unchanged at 21%, citing monetary tightness as Moscow wages its ongoing battle with sky-scraping inflation.

Bank of England holds rates but vote split surprises markets - Economists widely expected a rate hold at the December meeting, as policymakers remain concerned with stubborn services inflation and wage growth.

UK inflation rises to 2.6% in November, in line with expectations - UK inflation data comes after wage growth quashed any last expectation for a final 2024 rate cut from the Bank of England.

The Fed has a big interest rate decision coming Wednesday. Here's what to expect - Traders are pricing in a near certainty that the Fed on Wednesday will lower its key rate by a quarter percentage point.

Support GATA financially and get a 1-ounce silver round commemorating the organization's work - 7:52p ET Thursday, December 19, 2024 Dear Friend of GATA and Gold: Longstanding Western central bank policy of monetary metals price suppression has never been more vulnerable than it is today. Governments and central banks around the world have been defecting from the policy this year, accumulating gold and silver instead of lending them. ... Dispatch continues below ... ... ADVERTISEMENT ......

Miles Franklin's Andy Schectman interviews GoldMoney founder James Turk - 2:23p ET Wednesday, December 18, 2024 Dear Friend of GATA and Gold: GoldMoney founder and monetary metals advocate James Turk is Andy Schectman's guest this week on bullion dealer Miles Franklin's "Little by Little" program. They discuss Turk's long career in international banking and the monetary metals, as well the prospects for a return of constitutional money to the United States. The progr...

Alasdair Macleod: Massive Comex deliveries since Thanksgiving - By Alasdair MacleodGoldMoney, TorontoWednesday, December 18, 2024 It was a week of two halves for gold and silver prices: rising strongly until Thursday when prices were smashed. ... A feature of this week’s [last week's] trading was levitated futures premiums over spot, particularly noticeable in silver, which before yesterday's price smash represented a premium over overnight rates of as much...

Assad stole what he could but Reuters says he left Syria's gold in central bank's vault - Syria Retains 26 Tons of Gold Reserves After Assad's Fall, Sources Tell Reuters By Timour Azhari and Libby GeorgeReutersMonday, December 16, 2024 DAMASCUS -- The vault of Syria's central bank holds nearly 26 tons of gold, the same amount it had at the start of the country's bloody civil war in 2011, even after the chaotic fall of Bashar al-Assad's despotic regime, four people familiar with the ...

Barrick Gold threatens to suspend Mali operations over blocked exports - From ReutersMonday, December 16, 2024 Barrick Gold will suspend operations in Mali if gold shipments continue to be blocked, the company said today as it struggles to reach agreement with authorities on a new mining code in the West African country. Conditions at the miner's Loulo-Gounkoto complex have "deteriorated significantly," Barrick said, adding that employees have been imprisoned withou...

Republicans Punt on Third Down, Who Is to Blame? - Is this a good outcome for the country? That's what Johnson says.

Two Recession Indicators, What Do They Say Now? - I have not updated a pair of recession indicators for a while, one of them is mine. Let's discuss.

A One-Word Synopsis of the Latest Plan to Avoid a Shutdown – Lie - I am seriously sick of Johnson's charades. Let's discuss his latest scheme.

After Fed Trims ON RRP Rate by 5 Basis Points on Top of Rate Cut, ON RRPs Plunge to $98 Billion, Lowest since April 2021, -$2.3 Trillion from Peak, on the Way to Zero - QT has only drained ON RRPs so far, but not Reserves, which are still where they’d been when QT started in July 2022. QT has a long way to go.

What Powell Said at the FOMC about Today’s PCE Price Index: “We Still Have Work to Do Though, Is How We’re Looking at it. We Need policy to Remain Restrictive to Get that Work Done” - Inflation is still in services, no progress in 6 months. Another bummer: Durable goods deflation, a contributor to cooling inflation, may be over.

Census Bureau Massively Revises Up Population Growth: +8 Million in 3 Years, +3.3 Million Last Year, Largely due to Immigration. US Population Surges to 340 Million - Total Employment to be substantially revised higher early 2025 when the BLS incorporates these up-revisions into its household survey employment data.

The Demand and Supply of Hate - A new study looks at amplification of hateful content on social media platforms and points to remedies. But is BlueSky really any better?

Michael Hudson: Forward on Schurtz’s Origins of Money - Michael Hudson explains how Heinrich Schurtz's 1897 Origins of Money debunked neoclassical fables about how money started and developed.

2:00PM Water Cooler 12/20/2024 - ~ Today's Water Cooler: Politics, syndemics; New Covid data, with wastewater increase; Mangione hit with Federal charges, death penalty possible; Biden wasn't been governing the country, an extra-constitutional entity was; DOGE is another extra-constitutional entity ~

What if Trump and Elon make Bitcoin and Dogecoin legal tender in America? - Imagine waking up in an America where Bitcoin and Dogecoin replace the dollar. The president tweets, “Bye-bye Federal Reserve,” while Elon Musk, holding a Dogecoin plushie, declares the dawn of a new ...

Trump-backed candidate aiming to replace Matt Gaetz wants Florida to adopt gold and silver as legal tender - Florida CFO Jimmy Patronis, the Trump-backed House candidate running to replace former Rep. Matt Gaetz, wants gold and silver to be legal tender in Florida.

El Salvador Plans To Sell Or Shut Its Crypto Wallet - El Salvador will privatize or close the cryptocurrency wallet "Chivo" created by President Nayib Bukele when he made bitcoin legal tender in 2021, an official said Thursday.

Can gold and silver be used as legal tender in FL? Florida CFO wants to know - At the present time, gold and silver can be purchased as investment but cannot be used as money to buy goods and services. Florida Chief Financial Officer (CFO) Jimmy Patronis ...

Florida studies use of gold and silver bullion as legal tender - A state study will determine how gold and silver bullion can be used as legal tender in Florida, Chief Financial Officer Jimmy Patronis announced last week. Currently, gold and silver can be purchased ...

Tether Takes $775M Stake in Video-Sharing Platform Rumble; RUM Shares Soar 41% - Tether Takes $775M Stake in Video-Sharing Platform Rumble; RUM Shares Soar 41%

DeFi Protocol Usual's Surge Catapults Hashnote's Tokenized Treasury Over BlackRock's BUIDL - Hashnote's USYC is the primary backing asset of the red-hot decentralized finance protocol Usual, whose USD0 stablecoin zoomed over $1 billion market capitalization in a few months.

Tether CEO Paolo Ardoino Teases AI Platform Targeting Early 2025 Debut - The company, known for its $140 billion U.S. dollar stablecoin USDT, has made significant efforts to expand beyond its stablecoin operations this year.

The Future Is AI-Centric, and Blockchains Need to Be as Well - For successful AI-blockchain integrations to become a reality, the infrastructure underpinning them needs a complete overhaul.

Agents of Evolution: Crypto’s Next Act - On-chain agents combine the best features of memecoins and NFTs into a new asset class that will change the way people use their crypto.

Hailey Welch 'Fully Cooperating' With Lawyers Suing Over Failed HAWK Crypto - Hawk Tuah girl broke days of silence to say she wants to hold those responsible to account.

How Aggregation and Decentralized AI Will Completely Reshape Blockchains in 2025 - Transformative breakthroughs will finally enable blockchains to scale seamlessly and deliver on the promise of a fully connected “Internet of Value.”

How a Journalist Went From Exposing Mexican Cartels to Losing His Crypto Life Savings - Olivier Acuña had to keep his wits about him to survive as a reporter. Then he worked in crypto and got scammed out of $400,000.

What Happened to Bitcoin's Santa Rally? - Historically, the fourth quarter is the bitcoin's best; this year it's underperforming.

Bitcoin Plunges to $93K, Dogecoin Down 27% as Crypto Bloodbath Goes On - Bitcoin Plunges to $93K, Dogecoin Down 27% as Crypto Bloodbath Goes On

US Charges 2 Men in $22 Million NFT Rugpull Crypto Fraud Scheme - Two Southern California men, Gabriel Hay and Gavin Mayo, face charges for allegedly defrauding investors of over $22 million in cryptocurrency through fraudulent NFT and digital asset schemes. The indictment reveals they conducted a series of “rugpulls,” soliciting funds for NFT projects that were abandoned after collecting investments. The alleged scams involved projects like Vault […]

$2.2 Billion Stolen in 303 Crypto Hacks in 2024: Chainalysis Report - The 2024 Chainalysis crypto crime report showed that North Korean hackers were responsible for over 60% of stolen crypto. Hackers Made Away With $2.2 Billion in 2024 Crypto hacking remains a serious concern for the crypto ecosystem with a report by Chainalysis showing that $2.2 billion was lost to hackers in 2024 via 303 hacking […]

Web3 Cyber Threats Surge in 2024: Cyvers Report - In 2024, Web3 cyber threats led to losses exceeding $2.3 billion across 165 incidents, marking a 40% increase from 2023. Approximately $1.3B Recovered Web3 cyber threats surged in 2024, with losses exceeding $2.3 billion across 165 incidents, according to Cyvers. While 40% higher than the $1.69 billion lost in 2023, this year’s total losses were […]

Razzlekhan’s Hubby Vows to Turn Over a New Leaf - The infamous Bitfinex hacker was sentenced to five years in prison in November for money laundering after he hacked and stole 120,000 bitcoin. Bitfinex Hacker Apologizes in New Video Ilya Lichtenstein, husband to disgraced crypto hip hop satirist Heather Morgan or “Razzlekhan,” has released a five-minute video from prison, promising to make amends once he […]

BRICS Approaching G20-Level Influence, Says Brazil’s Minister - BRICS is gaining global traction, with plans for major 2025 meetings under Brazil’s leadership and a vision to rival G20 prominence while championing collaboration. BRICS Rising: Is It Set to Eclipse the G20 in 2025? Brazilian Foreign Minister Mauro Vieira has highlighted the growing influence of BRICS, stating that the group is approaching the stature […]

Hometown Fans of Some College Football Playoff Teams Can't Bet on College Football - Nearly half of the universities in the College Football Playoff are located in states where sports betting is illegal.

Do You Have To Choose a Side in Politics? Reason Versus The Bulwark - The Bulwark's Tim Miller and Sarah Longwell debate Reason's Nick Gillespie and Matt Welch on choosing a side in politics.

Short Circuit: A Roundup of Recent Federal Appeals Court Decisions - Rolodexes, rabbit holes, and challenge coins.

Police Data: N.J. Drone Sightings Concentrated Along Airport Flight Paths - Are New Jerseyans mistaking normal airplanes for mysterious drones?

New Law Finally Allows Conservationists To Clean Up Abandoned Mines - For decades, federal rules punished good Samaritans who tried to tackle toxic mine pollution. A new program removes barriers to restoring waterways across the West.

Celebrating Brian Thompson's Killing Is Ghoulish - Vigilante murder of corporate bosses is not going to fix any of the problems with America's health care system.

Third Time's the Charm? - Plus: House Speaker Elon Musk, the value of the debt ceiling, and D.C.'s shut down specials.

Student Suspended for Saying Man Who Insulted Her "Needa Get Blasted" + Having Posted (a Year Before) a Shooting Range Video - From Monday's decision by Judge Joseph Dawson, III (D.S.C.) in Lemoine v. Horry Georgetown Technical College: In September 2024, Leigha… The post Student Suspended for Saying Man Who Insulted Her "Needa Get Blasted" + Having Posted (a Year Before) a Shooting Range Video appeared first on Reason.com.

No Right to Discovery as to Possible Selective Prosecution in Prosecution for Burning Police Car at George Floyd Protest - From U.S. v. Wilson, decided yesterday by Ninth Circuit Judge Danielle Forrest, joined by Judge Patrick Bumatay and District Judge… The post No Right to Discovery as to Possible Selective Prosecution in Prosecution for Burning Police Car at George Floyd Protest appeared first on Reason.com.

Book Recommendations from Me (and My Colleagues) - Every holiday season, the University of Chicago Law School collects and shares book recommendations from the faculty. Here are three… The post Book Recommendations from Me (and My Colleagues) appeared first on Reason.com.

More Foreign Investment, Less Tariffs and Subsidies - Nationalist trade and industrial policies are counterproductive – as is stopping allies from investing in the US to placate union leaders.

Friday Feature: Limestone Community School - Second and third graders designing affordable housing sounds too impressive to be true, but students at Limestone Community School in Lawrence, Kansas, did just that.

On the Presidential Power to Impose Tariffs, Appoint, Remove, Impound, and Pardon - The incoming administration seems poised to exercise an array of controversial executive powers. Here are some of the legal considerations.

Cunningham v. Baltimore County Brief: Holding Police Accountable for a Conscience-Shocking Shooting - The court should not tolerate the continued over-application of qualified immunity but should instead vindicate the rights of Kodi and other Americans harmed by flagrant governmental misconduct.

Newsom Crying Wolf over Bird Flu - When government officials cry wolf, they give the public additional good reason to ignore them on those rare occasions when the public really shouldn’t.

James Madison’s Forgotten Plan to Stop Federal Tyranny Revealed - The states are “duty bound to interpose.” That’s how James Madison put it in his Virginia Resolutions, passed Dec 21 and 24, 1798, against the Alien and Sedition acts. They answer a timeless question: What should be done when the federal government oversteps its constitutional bounds? In this episode, learn 6 essential principles that make up Madison’s plan to stop federal tyranny. The post Jam...

Constitutional Money Act Filed in Missouri House - Two bills filed in the Missouri House would officially recognize gold and silver as legal tender, eliminate state capital gains taxes on both, and ban support for any federal confiscation schemes. The post Constitutional Money Act Filed in Missouri House first appeared on Tenth Amendment Center.

Forgotten Anti-Federalist Warnings: The Pennsylvania Dissent - One of the most influential Anti-Federalist essays against the Constitution didn’t come from a single writer. It came from a group of delegates at the Pennsylvania ratifying convention. Their warnings - about centralization of power, corruption, and more - might sound eerily familiar today. And make sure to stick around, because at the end, we’ll dive into what they considered federalist dirty ...

Ninth Circuit Gets It: Interoperability Isn’t an Automatic First Step to Liability - A federal appeals court just gave software developers, and users, an early holiday present, holding that software updates aren’t necessarily “derivative,” for purposes of copyright law, just because they are designed to interoperate the software they update. This sounds kind of obscure, so let’s cut through the legalese. Lots of developers build software designed to interoperate with preexisti...

Customs & Border Protection Fails Baseline Privacy Requirements for Surveillance Technology - U.S. Customs and Border Protection (CBP) has failed to address six out of six main privacy protections for three of its border surveillance programs—surveillance towers, aerostats, and unattended ground sensors—according to a new assessment by the Government Accountability Office (GAO). In the report, GAO compared the policies for these technologies against six of the key Fair Information Pract...

The Breachies 2024: The Worst, Weirdest, Most Impactful Data Breaches of the Year - Every year, countless emails hit our inboxes telling us that our personal information was accessed, shared, or stolen in a data breach. In many cases, there is little we can do. Most of us can assume that at least our phone numbers, emails, addresses, credit card numbers, and social security numbers are all available somewhere on the internet. But some of these data breaches are more noteworth...

In Doe v. Grindr, EPIC Urges Ninth Circuit to Continue Using Its Narrow, Nuanced Section 230 Approach - EPIC submitted an amicus brief in the case Doe v. Grindr on Friday, which involves the proper interpretation of Section 230 of the Communications Decency Act. The case is a lawsuit against Grindr, a popular dating app for the LGBTQ+ community that has often come under fire for allegedly prioritizing profits over users’ privacy and … Continued

Second Circuit Narrows Scope of Anti-Robocall Law, Dissenting Judge Argues for Broader Reading in Line with EPIC and NCLC Interpretation - Second Circuit dissent is now the second circuit-level dissent in support of a TCPA autodialer definition that broadly protects consumers.

Senate AI Roadmap Fails to Recognize or Address AI Harms - The Senate AI working group released its roadmap for AI today after months of closed-door discussions. The document speaks at great length of AI’s potential, but fails to adequately acknowledge or address AI’s existing harms. This mindset that AI adoption is both good and inevitable prevents the roadmap from meaningfully engaging with the many criticisms … Continued

Iowa Supreme Court Overturns Lower Court Ruling Protecting Renters from Unconstitutional Searches - DES MOINES, Iowa—Today, the Iowa Supreme Court overturned a lower court’s holding that Orange City, Iowa’s mandatory rental inspection law violated Article 1, Section 8 […] The post Iowa Supreme Court Overturns Lower Court Ruling Protecting Renters from Unconstitutional Searches appeared first on Institute for Justice.

Homemade Food Sellers Ask Wisconsin Supreme Court to Review Ban - ARLINGTON, Va.—Today, thousands of Wisconsinites who want to support themselves by selling safe, homemade foods like Rice Krispies Treats and fudge, along with the Institute […] The post Homemade Food Sellers Ask Wisconsin Supreme Court to Review Ban appeared first on Institute for Justice.

North Carolina Nonprofit, Paralegals Plan to Appeal Court’s Ruling Dismissing Case Challenging State’s Ban on Legal Advice from Non-Lawyers  - WILMINGTON, N.C.—On Monday, the United States District Court for the Eastern District of North Carolina granted the government’s motion to dismiss a lawsuit filed by […] The post North Carolina Nonprofit, Paralegals Plan to Appeal Court’s Ruling Dismissing Case Challenging State’s Ban on Legal Advice from Non-Lawyers  appeared first on Institute for Justice.

SAF ANNOUNCES DANIEL DEFENSE AS NEWEST PLATINUM PARTNER - BELLEVUE, Wash. — Dec. 19, 2024 — The Second Amendment Foundation (SAF) is pleased to announce that Daniel Defense has renewed and upgraded their commitment to the organization as a Platinum-level corporate partner. “At Daniel Defense, we’re deeply honored to support the Second Amendment Foundation and their unwavering commitment to protecting the God-given rights of The post SAF ANNOUNCES DANI...

SAF SUPPORTS MOTION FOR SUMMARY JUDGMENT IN CA GUN OWNER PRIVACY CASE - BELLEVUE, WA – Attorneys representing the Second Amendment Foundation and its partners in a lawsuit challenging the California Department of Justice’s disclosure of personal information for third-party “research” have filed a memorandum of points and authorities supporting their earlier motion for summary judgment. The case is known as Barba v. Bonta. SAF is joined by The post SAF SUPPORTS MOTI...

SAF/McLAUGHLIN 2A POLL: PUBLIC SAYS TRUMP, GOP BEST PROTECT GUN RIGHTS - BELLEVUE, WA – The Second Amendment Foundation has just released the results of a national survey it commissioned which reveals a majority of American voters believe incoming President Donald Trump and a Republican majority in Congress will better protect Second Amendment rights than Democrats. The same poll, conducted by the internationally-recognized firm of McLaughlin & The post SAF/McLAUGHL...

GOA Endorses the National Constitutional Concealed Carry Reciprocity Act - Gun Owners of America is proud to endorse Representative Hudson’s and Senator John Cornyn’s National Constitutional Concealed Carry Reciprocity Act. This legislation is not only a major priority for the Second Amendment community, but also President Trump, who ran on the issue by promising: “[I] will protect the right of self-defense everywhere it is under siege. And I will sign … Read more

WY: Wyoming Senate Proposes Terrible Legislation to Blunt a REAL Repeal of Gun Free Zones - Wyoming Senate Considers Terrible Legislation to Undermine REAL Repeal of Gun Free Zones Wyoming’s 2025 Legislative Session is just around the corner with the next session beginning January 14, 2025. Anti-Second Amendment forces are already showing their true colors in the Senate with the introduction of SF0037. SF0037 has been introduced by Senator Ed Cooper. This legislation is an unacceptabl...

MI: Anti-gun Bills Moving in the House - Emboldened by our rabidly anti-gun Governor Gretchen Whitmer, Senator Dayna Polehanki introduced SB 942 this summer. If passed into law, Sen. Polehanki’s bill bans the manufacture, sale, and possession of bump stocks in Michigan. Anti-gunners successfully rammed this bill through the Senate last week, and now it’s awaiting a vote in the House. Sen. Dayna Polehanki’s bill flies directly in … Rea...

Warren warns OCC, Fed of ‘malfeasance’ on Capital One-Discover - The incoming Senate Banking Committee ranking member blasted two regulators for failing to update bank merger guidelines as thoroughly as the FDIC and Justice Department.

Banks, trade groups seek injunction on CFPB overdraft rule - The same organizations that are suing the agency over its effort to limit overdraft fees to $5 filed court paperwork Wednesday to halt the rule’s implementation.

CFPB sues JPMorgan, Bank of America, Wells Fargo over Zelle - Zelle operator Early Warning Services rushed the platform to market to compete with the likes of Venmo and CashApp but without effective safeguards, the agency said.

Kraken decries crypto de-banking amid Metro Bank ban - Metro is one of several U.K. lenders to impose a bar or limit on deposits into crypto exchanges. A Metro Bank spokesperson says the thrust is to curb fraud.

Flagstar fined $3.5M for ‘misleading’ after 2021 cyberattack - The bank “negligently made” materially misleading statements after a hack that resulted in the theft of 1.5 million customers’ personally identifying information.

Banner year for CU-bank tie-ups extends with deal in Maryland - Hanscom Federal Credit Union in Massachusetts said it would acquire Peoples Bancorp and its insurance agency. It marked the 21st deal of the year involving a credit union buying a bank.

OCC highlights growing pressures in 'sound' banking system   - The OCC's 2024 annual report said that while the federal banking system remains stable, it faces challenges such as rising credit costs, declining net income and increasing nonperforming loans.

BNY expands employee benefits, boosts minimum wage to $25 per hour - BNY announced expanded employee benefits and a boost in its minimum wage for all U.S.-based employees; Synovus has added former FIS executive Greg Montana to its executive board; National Bank Holdings sold off a fifth of its securities portfolio; and more in this week's banking news roundup.

Technology, fees and a mega-merger: top payments news of 2024 - The Capital One-Discover merger, the war against Visa and Mastercards' swipe fees and budding payment technologies were most popular with American Banker readers in 2024.

Banks fleeing X may soon turn to Bluesky - Financial institutions that build a presence on the social media platform could gain a first-mover advantage and a communications channel with potential customers, experts say.

Data Governance Engineer - Deadline: 26 January 2025 | Basel, Switzerland

Summary of CPMI-IOSCO workshops on climate risks for financial market infrastructures - Summary of virtual workshops hosted by the BIS Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) on 26 March and 16 April 2024.

Christine Lagarde: ECB press conference - introductory statement - Introductory statement by Ms Christine Lagarde, President of the European Central Bank, and Mr Luis de Guindos, Vice-President of the European Central Bank, Frankfurt am Main, 12 December 2024.

Agencies release annual asset-size thresholds under Community Reinvestment Act regulations - Agencies release annual asset-size thresholds under Community Reinvestment Act regulations

Federal Reserve Board announces appointment of seven members, including three new members, to its Insurance Policy Advisory Committee (IPAC) - Federal Reserve Board announces appointment of seven members, including three new members, to its Insurance Policy Advisory Committee (IPAC)

Federal Reserve Board issues enforcement action against Lineage Financial Network and announces termination of enforcement actions with National Bank of Pakistan and National Bank of Pakistan New Y... - Federal Reserve Board issues enforcement action against Lineage Financial Network and announces termination of enforcement actions with National Bank of Pakistan and National Bank of Pakistan New York Branch

Joint Press Release: Agencies Release Annual Asset-Size Thresholds Under Community Reinvestment Act Regulations - JOINT PRESS RELEASE | DECEMBER 19, 2024 Federal Deposit Insurance CorporationFederal Reserve Board Agencies Release Annual Asset-Size Thresholds Under Community Reinvestment Act Regulations The Federal Reserve Board and the Federal Deposit Insurance Corporation today a...

FDIC Board of Directors Meeting - BOARD MEETING | DECEMBER 17, 2024 FDIC Board of Directors Meeting Today the Federal Deposit Insurance Corporation’s Board of Directors met in open and closed sessions. Materials and information relative to the Board actions are available here. Open Session: Proposed...

2024 United States Mint Limited Edition Silver Proof Set™ Available on Nov. 5 - WASHINGTON – The 2024 United States Mint (Mint) Limited Edition Silver Proof Set will be available for purchase beginning on November 5 at noon EST.  Mintage is limited to 50,000 sets, with orders limited to one set per household for... The post 2024 United States Mint Limited Edition Silver Proof Set™ Available on Nov. 5 appeared first on United States Mint.