U.S. Banks Can Now Offer Crypto Services Without Fed Approval

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The Federal Reserve has formally rescinded its guidance that previously required banks to obtain prior approval before engaging in crypto-related activities. This move comes after similar steps by the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC), fulfilling a campaign pledge by President Trump to ease restrictions on … Read more

House Republicans Advance Trump’s Fiscal Plan by Two Votes

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House Republicans narrowly approved a budget resolution on Tuesday that sets the stage for up to $4.5 trillion in tax cuts and roughly $2 trillion in federal spending reductions over the next decade. The resolution passed by a 217-215 vote after a chaotic hour that included a canceled vote and a last-minute revival, underscoring the … Read more

Stagflation and Gold: Why the Recent Selloff Misses the Bigger Picture

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🌅 Morning News Nuggets | Today’s top stories for gold and silver investors March 23rd, 2026 | Brandon Sauerwein, Editor Gold dropped nearly 4% today, and silver is trading near $68 — down roughly 17% over five days. The unfolding stagflation risk is being tested in real time, and recent Fed guidance has complicated the … Read more

Indian Gold Market Divides: Investors Buy While Jewelry Sales Fall

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Gold jewelry demand in India has weakened sharply since January and the softness has continued into February. While retail purchases have slowed, investment demand remains strong: investors are favoring bars, coins and exchange-traded funds (ETFs), with ETFs posting record inflows in January. The Reserve Bank of India has resumed gold purchases, adding about 2.8 tonnes … Read more

Russia Cuts Interest Rate by 200 bps as Inflation Slows

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On Friday, Russia’s central bank reduced its key interest rate from 20% to 18%, in line with economists’ forecasts and representing the largest single cut in more than three years. The decision came as consumer price growth showed signs of slowing: weekly CPI fell by 0.05%, and annual inflation has moderated from a March peak … Read more

Markets React to Iran’s Next Move as Dollar Strengthens After US Strikes

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The US dollar strengthened and oil prices rose on Monday following US strikes on Iran that raised geopolitical tensions. Markets have remained relatively calm so far: the S&P 500 sits only about 3% below its record high. Still, investors are closely monitoring Tehran’s next moves and their possible market impacts. Foremost among concerns is the … Read more

Goldman Sachs Raises Gold Price Forecast to $3,300 per Ounce

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Goldman Sachs has raised its gold price forecast to $3,300 an ounce by the end of 2025, up from its previous target of $3,100 announced just last month. Analysts at the bank attribute the upgrade to stronger-than-expected central bank buying, particularly from emerging market countries. They now estimate average monthly purchases of around 70 tonnes, … Read more

U.S. Treasury Accuses China of Currency Manipulation in Trade Clash

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Treasury Secretary Scott Bessent announced that the United States is broadening its trade policy to address currency manipulation in addition to tariffs. The announcement accompanies plans to implement reciprocal tariffs by April 1. Bessent stressed that while the U.S. continues to support a strong dollar, it will not tolerate deliberate currency weakening by trading partners … Read more

58% of U.S. Households Face Financial Risk from AI Market Shock

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The market reaction to DeepSeek’s announcement about its new AI technology has heightened concerns among leading Wall Street strategists about possible wider economic consequences. Citi’s research team, headed by Adam Pickett, describes U.S. equity markets as increasingly “frothy.” Their analysis highlights how the current tech sector selloff could have a meaningful effect on household wealth: … Read more