Author: IA PressRoom

Trump reportedly rejected his legal team’s proposal to try to settle the classified documents case. He instead took the advice of a conservative activist who urged him to fight, The Washington Post reported. Trump has pleaded not guilty to the Justice Department’s 37-count indictment against him. 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 Former President Donald Trump rejected his legal team’s proposal to try to settle the classified documents case with the Justice Department — and instead took the advice of a conservative…

Venture capital firm Molten Ventures has slashed the valuation of its stake in Revolut, the second investor to do so as the UK fintech awaits regulators’ decision on whether to offer it a banking licence in its home market.Molten Ventures, formerly known as Draper Esprit, invested £7.1mn in the fintech in 2018. In its annual results released on Thursday, it said it had cut the value of its investment to £54.5mn in the year to March 31, a 40 per cent decrease on the previous valuation.It follows a similar move by asset manager Schroders, which announced in April that it…

© Reuters. FILE PHOTO: A logo plate is seen at the entrance to the European Central Bank (ECB) headquarters in Frankfurt, Germany, October 26, 2017. REUTERS/Kai Pfaffenbach/File Photo FRANKFURT (Reuters) – European Central Bank policymakers began this week a debate on evening out the “corridor” between the ECB’s three interest rates, in a first step towards an era in which money is scarcer, five sources told Reuters. The change, which was parked for now and is also unlikely in July, would be part of the ECB’s transition from an era of easy money to one in which banks are no…

© Reuters. FILE PHOTO: A man holds a laptop computer as cyber code is projected on him in this illustration picture taken on May 13, 2017. REUTERS/Kacper Pempel/File Photo (Reuters) -Several U.S. federal government agencies have been hit in an global hacking campaign that exploited a vulnerability in widely used software, CNN reported on Thursday. The U.S. Cybersecurity and Infrastructure Security Agency (CISA) is providing support to several federal agencies that have experienced intrusions affecting vulnerable software exploited by the hackers, Eric Goldstein, the agency’s executive assistant director for cybersecurity, told CNN. Neither the name of the affected software nor…

© Reuters. Investing.com — Down one day and up the next: oil’s interim volatility isn’t letting up, with bullish Chinese data propping up crude prices Thursday, after the previous day’s slump on the hawkish Fed stance that U.S. rate hikes will likely continue despite a . New York-traded crude was up $2.03, or 3%, to $70.30 per barrel by 11:53 ET (15:53 GMT). Week-to-date, the U.S. crude benchmark is up a marginal 0.2% after a 3.5% tumble over two prior weeks. London-traded rose by $2.05, or 2.8%, to $75.25. For the week, the global crude benchmark was up about 0.7%,…

Source: Screenshot of video from https://www.itstimewegetstarted.com/The pro-bitcoin mayor of Miami Francis Suarez is running for US president.Suarez announced his run on Thursday morning on Twitter.“My Dad taught me that you get to choose your battles, and I am choosing the biggest one of my life. I’m running for President,” he tweeted. Suarez joins other Republicans in an increasingly crowded field, including Donald Trump, Florida Gov. Ron DeSantis and Sen. Tim Scott. “Bitcoin Mayor”Suarez, who carries the nickname “Bitcoin Mayor,” has said he wants to transform Miami into a leading crypto hub, and also collects his salary in bitcoin. Almost a year ago, Suarez…

The Dow rose 350 points early Thursday while the S&P 500 index and Nasdaq Composite hit fresh 14-month highs as investors digested a raft of U.S. economic data while shrugging off a hawkish Federal Reserve and another interest-rate hike from the European Central Bank. How is the market doing? On Wednesday, the Dow Jones Industrial Average fell 233 points, or 0.68%, to 33,979, the S&P 500 increased 4 points, or 0.08%, to 4,373, and the Nasdaq Composite gained 53 points, or 0.39%, to 13,626 after the Fed left interest…

CNN  —  Most Americans have run into trouble using their health insurance in the past year, but the majority still like their coverage, a new report has found. Some 58% of insured adults have had at least one problem in the past year, according to a survey from KFF, formerly the Kaiser Family Foundation, released on Thursday. Among those needing more care or receiving mental health services, about three-quarters had at least one issue. The problems – which include insurers denying care, providers not being covered or policies paying less than expected – cut across different types of health insurance.…

Russia is laying claim over the assets of “naughty” Western firms in the country, the Financial Times said. Last week, the Kremlin secretly ordered legislation that allows Western assets to be seized a steep discounts. The new rules will likely make it harder for Western firms to stop doing business in Russia. 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 Russia is laying claim over the assets of any “naughty” Western firms operating in the country, Kremlin officials told the Financial Times, likely making…

If owning a home would be a struggle for you during a recession, it’s best to wait.getty To buy or not to buy, that is the question many people are contemplating in the current real estate market and economic conditions. Regardless of the economic conditions, it’s important to pay even closer attention to your own personal finances to see if it’s a good time to buy now or wait. Here are three warning signs that might mean you need to pause before making this big financial decision. You Need More Cash Savings To Maintain Your Home Well Most personal finance…