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May 4, 2022

Berkshire Shareholders Overwhelmingly Vote To Keep Buffett Chairman
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  • Reuters

Berkshire Shareholders Overwhelmingly Vote To Keep Buffett Chairman

The Cheap InvestorMay 4, 20220

(Reuters) – Berkshire Hathaway Inc shareholders voted by an almost 9-to-1 margin to keep Warren Buffett as both chairman and…

FAA To Boost Florida Air Traffic Control Staff Amid Rise In Snarled Flights
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FAA To Boost Florida Air Traffic Control Staff Amid Rise In Snarled Flights

The Cheap InvestorMay 4, 20220

By David Shepardson WASHINGTON (Reuters) – The Federal Aviation Administration (FAA) said Wednesday it will boost air traffic control staff…

Stocks Rally After Fed Hikes Rates, Crude Jumps
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  • Reuters

Stocks Rally After Fed Hikes Rates, Crude Jumps

The Cheap InvestorMay 4, 20220

By Herbert Lash NEW YORK (Reuters) – U.S. stocks rallied and Treasury yields fell on Wednesday after the Federal Reserve…

Fed Raises Rates By Half Point, Starts Balance Sheet Reduction June 1
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  • Reuters

Fed Raises Rates By Half Point, Starts Balance Sheet Reduction June 1

The Cheap InvestorMay 4, 20220

By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -The Federal Reserve on Wednesday raised its benchmark overnight interest rate by…

Instant View: Fed Hikes 50 Bp As Expected, Unveils Balance Sheet Reductions
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Instant View: Fed Hikes 50 Bp As Expected, Unveils Balance Sheet Reductions

The Cheap InvestorMay 4, 20220

NEW YORK (Reuters) – The Federal Reserve on Wednesday raised its benchmark overnight interest rate by half a percentage point,…

  • AP
  • Headlines

California moves to embrace cryptocurrency and regulate it

The Cheap InvestorMay 4, 2022May 5, 20220

SACRAMENTO, Calif. (AP) — California, which has a economy larger than all but four countries and where much of the…

Stocks Take Fed Rate Hike In Stride, Crude Jumps
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  • Reuters

Stocks Take Fed Rate Hike In Stride, Crude Jumps

The Cheap InvestorMay 4, 20220

By Herbert Lash NEW YORK (Reuters) -U.S. stocks initially rose and Treasury yields trimmed gains on Wednesday after the Federal…

  • AP
  • Headlines

How higher Fed rates stand to affect Americans’ finances

The Cheap InvestorMay 4, 2022May 5, 20220

WASHINGTON (AP) — Record-low mortgages below 3% are long gone. Credit card rates will likely rise. So will the cost…

  • AP
  • Headlines

Fed raises key rate by a half-point in bid to tame inflation

The Cheap InvestorMay 4, 2022May 5, 20220

WASHINGTON (AP) — The Federal Reserve intensified its fight against the worst inflation in 40 years by raising its benchmark…

StanChart Pay Plans For Top Bosses Pass; Sizeable Minority Protest
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StanChart Pay Plans For Top Bosses Pass; Sizeable Minority Protest

The Cheap InvestorMay 4, 20220

LONDON (Reuters) -Standard Chartered’s pay plans for top executives were approved by shareholders on Wednesday, but a sizeable minority of…

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