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May 10, 2022

  • AP
  • Headlines

Drivers bemoan high gasoline prices with no relief in sight

The Cheap InvestorMay 10, 2022May 10, 20220

NEW YORK (AP) — Just as Americans gear up for summer road trips, the price of oil remains stubbornly high,…

  • AP
  • Headlines

In drought-ravaged California, water use is up dramatically

The Cheap InvestorMay 10, 2022May 10, 20220

SACRAMENTO, Calif. (AP) — Water use in California jumped nearly 19% in March compared to 2020 as residents defied pleas…

U.S. Importers Turn To Prayer And The President As West Coast Port Labor Talks Begin
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  • Reuters

U.S. Importers Turn To Prayer And The President As West Coast Port Labor Talks Begin

The Cheap InvestorMay 10, 20220

By Lisa Baertlein LOS ANGELES (Reuters) -For more than two years, Isaac Larian has used every available tool to overcome…

Analysis-Pain Not Over For U.S. Bond Market But Some See Yields Nearing Their Peaks
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  • Reuters

Analysis-Pain Not Over For U.S. Bond Market But Some See Yields Nearing Their Peaks

The Cheap InvestorMay 10, 20220

By Davide Barbuscia NEW YORK (Reuters) – Interest rate jitters keep hammering the U.S. bond market but some investors are…

CPI, PPI: Markets Look For Signs Of U.S. Inflation Peak
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  • Reuters

CPI, PPI: Markets Look For Signs Of U.S. Inflation Peak

The Cheap InvestorMay 10, 20220

(Refiles to add graphics) By Stephen Culp NEW YORK (Reuters) -In the wake of the 50-basis-point interest rate hike by…

Stablecoin Terra's Broken Dollar Peg Hits Wider Crypto Markets
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  • Reuters

Stablecoin Terra’s Broken Dollar Peg Hits Wider Crypto Markets

The Cheap InvestorMay 10, 20220

By Alun John HONG KONG (Reuters) -TerraUSD, one of the world’s largest stablecoins, lost a third of its value on…

Pfizer To Pay $11.6 Billion For Biohaven To Tap Migraine Market
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  • Reuters

Pfizer To Pay $11.6 Billion For Biohaven To Tap Migraine Market

The Cheap InvestorMay 10, 20220

By Manas Mishra and Michael Erman (Reuters) – Pfizer Inc said on Tuesday it will pay $11.6 billion to buy…

Carvana To Lay Off About 2,500 Employees Under Restructuring Plan
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  • Reuters

Carvana To Lay Off About 2,500 Employees Under Restructuring Plan

The Cheap InvestorMay 10, 20220

(Reuters) – Online used-car retailer Carvana Co would lay off about 2,500 employees, the company said on Tuesday, as part…

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Q&A: Philanthropy Together CEO talks TED and giving circles

The Cheap InvestorMay 10, 2022May 10, 20220

Sara Lomelin offered the final TED Talk of this year’s conference of expert speakers last month, on a particularly star-studded…

Wall Street Dips While Treasury Yields, Oil Prices Drop
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  • Reuters

Wall Street Dips While Treasury Yields, Oil Prices Drop

The Cheap InvestorMay 10, 20220

By Sinéad Carew NEW YORK (Reuters) – Wall Street stocks turned lower in a volatile session and oil prices fell…

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