News
Gold Slides 0. 7% as DXY Holds Near 99. 32 and 10-Year Yields Push Toward 4. 6%
1+ hour, 24+ min ago (623+ words) Gold traded near $4, 509 per ounce on Sunday and finished the week down roughly $30 to $35 as a firm dollar and climbing Treasury yields kept buyers cautious. Spot gold opened the May 17-24 period near $4, 540 and spent most of the week oscillating between…...
Kevin Warsh Takes Fed Chair Oath as FOMC Gives Unanimous Backing
1+ day, 18+ hour ago (286+ words) Kevin Warsh took the Federal Reserve oath after Senate confirmation, succeeding Jerome Powell as chair. The FOMC also selected Warsh to lead the Fed's monetary policy committee. Warsh was confirmed by the United States Senate as a Board member on…...
Clarity in a K-Shaped Economy " Week in Review
6+ day, 11+ hour ago (867+ words) Key Takeaways Binance and CME deepened crypto-tradfi ties in 2026, widening access beyond BTC and ETH. CLARITY passed Senate Banking 15-9, lifting De Fi sentiment as Aave and Coinshares followed developments. Circle's ARC secured $222 M at a $3 B valuation, hinting stablecoin rails…...
Peter Schiff Tells VRIC Media the US Economy Is Heading Into Its Worst Inflation Yet
6+ day, 22+ hour ago (243+ words) Peter Schiff, chairman of Euro Pacific Asset Management and longtime gold advocate, told VRIC Media host Darrell Thomas this week that the U. S. economy is far more fragile than markets currently reflect, and that inflation is heading higher, not lower. "The…...
US Bond Market Cracks Show as 30-Year Treasury Clears Above 5% for First Time Since 2007
1+ week, 18+ hour ago (529+ words) The U. S. Treasury sold $125 billion in new debt during the week of May 11, with buyers demanding the highest yields on 30-year bonds in nearly two decades. The three auctions, covering 3-year notes, 10-year notes, and 30-year bonds, settled May 15 against a…...
Powell Named Temporary Fed Chair Until Warsh Takes Oath
1+ week, 1+ day ago (409+ words) Jerome Powell will remain Federal Reserve chair on a temporary basis as Kevin Warsh waits to take the oath. The board used a chair pro tempore designation after Warsh's Senate confirmation left the leadership transfer unfinished. The Federal Reserve Board…...
US Inflation Accelerates for Second Straight Month as Gas Costs Drive April CPI
1+ week, 5+ day ago (421+ words) The U. S. Bureau of Labor Statistics reported April 2026 Consumer Price Index data on May 12, showing headline inflation climbed to 3. 8% year-over-year, above the 3. 7% analyst consensus and up from 3. 3% in March. The monthly CPI-U rose 0. 6% on a seasonally adjusted basis in April, following…...
ICBA Warns Kraken OCC Charter Bid Threatens US Bank Deposits and Financial Stability
1+ week, 5+ day ago (610+ words) Community bankers are pushing back hard now that crypto exchanges are applying for national trust bank charters, with the Independent Community Bankers of America (ICBA) calling the move a threat to financial stability and consumer protections. At the same time,…...
Tucker Carlson Calls Markets 'Fake' After 60 Days of Middle East Conflict
2+ week, 1+ day ago (592+ words) Tucker Carlson told his audience that financial markets are no longer free or open, calling their behavior during the ongoing Iran conflict not just strange but deliberately manufactured. The comments came against a backdrop that has left many analysts searching…...
Despite Warsh Replacing Powell at the Fed, Traders See No Rate Cut Coming in June
2+ week, 6+ day ago (654+ words) Kevin Warsh cleared a Senate Banking Committee vote on April 29 and is expected to chair his first Federal Open Market Committee (FOMC) meeting June 16-17, 2026, as futures and prediction markets put the odds of a rate hold above 93%. Jerome Powell hosted…...