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The Jan. 6 Select Committee issued a subpoena Friday to former President Trump to testify under oath and produce documents relevant to the committee’s investigation of the 2021 attack on the U.S. Capitol. “We have assembled overwhelming evidence…that you personally orchestrated and oversaw a multi-part effort to overturn the 2020 presidential election,” Democratic Chairman Bennie […]

Gold futures finished higher on Friday, prompting prices to turn higher for the week. Gold was under pressure and lacking much interest with fresh capital, but “snapped back quickly and sharply” early Friday after speculation for a 75 basis point interest-rate increase in November by the Federal Reserve, followed by only 50 basis point rate […]

• USDJPY rising inside impulse wave (iii) • Likely to test resistance level 152.50 USDJPY continues to rise inside the short-term impulse wave (iii), which belongs to the higher order impulse waves 3 and (5). The pair earlier broke the resistance trendline of the daily up channel from March – which added to the bullish […]

Oil futures climbed on Friday to post a gain for the week, but natural-gas futures fell sharply for the session to end the week more than 20% lower. “The Biden administration introduced an ‘SPR put’ to the oil market this week when they announced purchasing crude to replenish reserves when prices dip towards $70 a […]

Three Arrows Capital. Celsius. Voyager Digital. The list of crypto bankruptcies, shutdowns and trading freezes has been endless in 2022. And the year isn’t over yet. This week, German crypto bank Nuri urged its users to withdraw funds ahead of the company’s planned shutdown in December — at least Nuri’s users were given proper notice.  […]

President Joe Biden on Friday said “I will not yield” to Republicans in a standoff over raising the U.S. debt limit if the GOP demands cuts to Medicare and Social Security in exchange for an increase in the limit. Biden was speaking at the White House after the release of the fiscal year 2022 budget […]