Author: IA PressRoom

Former President Donald Trump said Thursday he’s been indicted in the federal investigation into classified documents in his possession, and has been summoned to appear in federal court in Miami on Tuesday. In a pair of posts late Thursday on his Truth Social platform, Trump said he was informed of the indictment by his attorneys. Shortly after, Trump sent a fundraising email to supporters, calling the investigation “witch hunt.” In a four-minute video posted on Truth Social on Thursday night, Trump claimed “the whole thing is a hoax” and said “I’m an innocent man.” There was no immediate confirmation from…

Here we go again. Donald Trump was indicted by federal prosecutors and has to show up in court. This time, we probably won’t get any pictures inside the courtroom. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Donald Trump was indicted.Yes, again.This time, it’s much more serious.In April, the Manhattan District Attorney’s office accused him of falsifying business records in payments to porn star Stormy Daniels to keep her quiet ahead of the 2016 election about an affair she said she had with him.…

© Reuters. FILE PHOTO: A worker walks past steel rolls at the Chongqing Iron and Steel plant in Changshou, Chongqing, China August 6, 2018. Picture taken August 6, 2018. REUTERS/Damir Sagolj BEIJING (Reuters) – China’s factory gate prices fell faster than expected in May, as faltering demand weighed on manufacturing, impeding the fragile economic recovery, and consumer inflation missed expectations, data showed on Friday. The producer price index (PPI) for May fell for an eighth consecutive month, down 4.6%, the National Bureau of Statistics (NBS) said. Economists in a Reuters poll had predicted a 4.3% fall. The consumer price index…

© Reuters. U.S. President Joe Biden attends a joint press conference with British Prime Minister Rishi Sunak in the East Room at the White House, Washington DC, U.S., June 8, 2023. Niall Carson/Pool via REUTERS By David Shepardson WASHINGTON (Reuters) -The Biden administration has submitted draft legislation to Congress that would mandate airlines pay cash compensation for delays of three hours or more when carriers are responsible. The proposal sent earlier this week and seen by Reuters would require “cash compensation in an amount commensurate with the inconvenience experienced” when a delay or cancellation is due in part or in…

© Reuters. Investing.com– Gold and broader metal markets steadied on Friday and were set for a second week of gains, as the dollar retreated amid bets that the Federal Reserve will pause its rate hike cycle next week. The yellow metal marked its best intraday gain in two weeks on Thursday, coming to the upper end of a trading range seen since mid-May as a jump in weekly U.S. ramped up bets on a Fed pause. The marked its sharpest drop since late-March following the data, while also eased, which in turn benefited metal markets priced in the greenback. was…

Source: Lais/AdobeCrypto credit card adoption is on the rise in Brazil, issuers have claimed, with more Latin American users than ever reportedly buying and spending tokens.Per the Brazilian media outlet Livecoins, Brazilians are not just buying crypto, but also using coins, instead of fiat, to pay in stores.The media outlet quoted Binance’s Brazilian head Guilherme Nazar as stating that cards, such as the Binance Card, were “bringing cryptocurrencies into users’ day-to-day lives.”He claimed that citizens were now “buying bread at the bakery, paying for dinner with friends, and paying for taxi fares” using crypto-powered cards.Nazar added that the card was…

Representatives for the Central Intelligence Agency and the Office of the Director of National Intelligence declined to comment.Carlos Fernández de Cossio, a foreign ministry official in Cuba, said that reports of plans to build a Chinese spy base in the country were “totally false and unfounded.” A representative for the Chinese embassy said Beijing was “not aware of the case.”China and the United States routinely conduct surveillance operations on one another. The United States sends surveillance flights over the South China Sea, deploys military assets in allied host nations around the Pacific and sells and supplies arms to Taiwan, a…

imaginima/iStock via Getty Images The transformation of the U.S. power grid is underway, prompting Goldman Sachs to see several clear themes that represent investment opportunities in the utilities sector through clean technology, nuclear power, liquefied natural gas project additions, and transmission buildout. These “decarbonization enablers” are set to drive strong capital investment in the utilities sector (XLU), according to the Goldman analyst team led by Carly Davenport, which estimates 2023-27 capex across its coverage will exceed the capital spent during the prior five-year period by ~$93B, or 27%, largely driving rate base growth and contributing to a 6% five-year EPS…

China’s fascination with luxury goods stems from a quest for “traditions,” says “Red Roulette” author Desmond Shum. “Traditions provide identity. As CCP has destroyed Chinese traditions, luxury brands step in to provide that,” he tweeted. His observations stemmed from a conversation with an unnamed “leading authority of global luxury industry.”  Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app China is a luxury-goods giant.Consider this: The country’s luxury market is set to hit 816 billion yuan, or $115 billion, by 2025. That’s a quarter of…

Live news: Moody’s lowers outlook on Coinbase to ‘negative’