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May 2022

EasyJet Says 200 Flights Cancelled Due To IT Issues
  • Headlines
  • Reuters

EasyJet Says 200 Flights Cancelled Due To IT Issues

The Cheap InvestorMay 26, 20220

LONDON (Reuters) -Low-cost carrier easyJet said an IT problem that caused it to cancel around 200 flights on Thursday had…

  • AP
  • Headlines

Worry about stagflation, a flashback to ’70s, begins to grow

The Cheap InvestorMay 26, 2022May 30, 20220

WASHINGTON (AP) — Stagflation. It was the dreaded “S word” of the 1970s. For Americans of a certain age, it…

  • AP
  • Headlines

Average long-term mortgage rates fall; 30-year loan at 5.1%

The Cheap InvestorMay 26, 2022May 26, 20220

WASHINGTON (AP) — Average long-term U.S. mortgage rates fell this week for the second week in a row, though interest…

  • AP
  • Headlines

Southwest, JetBlue boost forecasts on strong travel demand

The Cheap InvestorMay 26, 2022May 27, 20220

NEW YORK (AP) — Airline stocks rallied Thursday after Southwest Airlines and JetBlue Airways said revenue from summer travel will…

Mastercard Focuses On Southeast Asia, LatAm After India Ban, Russia Exit
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  • Reuters

Mastercard Focuses On Southeast Asia, LatAm After India Ban, Russia Exit

The Cheap InvestorMay 26, 20220

By Divya Chowdhury DAVOS, Switzerland (Reuters) – Southeast Asia and Latin America are strong growth regions for Mastercard after its…

Musk Sued By Twitter Investors For Delayed Disclosure Of Stake
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  • Reuters

Musk Sued By Twitter Investors For Delayed Disclosure Of Stake

The Cheap InvestorMay 26, 20220

NEW YORK (Reuters) -Billionaire Elon Musk was sued by Twitter Inc investors for delayed disclosure of his stake in the…

Oil Jumps 3% To 2-month High As EU Seeks To Ban Russian Crude
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  • Reuters

Oil Jumps 3% To 2-month High As EU Seeks To Ban Russian Crude

The Cheap InvestorMay 26, 20220

By Scott DiSavino NEW YORK (Reuters) -Oil prices rose about 3% to a two-month high on Thursday on signs of…

Car Sales Dampened By Chip Shortage, COVID Measures
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  • Reuters

Car Sales Dampened By Chip Shortage, COVID Measures

The Cheap InvestorMay 26, 20220

SHANGHAI/BERLIN (Reuters) -Car sales in China, Europe and the United States remain depressed compared to last year’s levels as semiconductor…

Rouble Slumps Over 10% To Near 2-week Low As Russia Slashes Rates Again
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  • Reuters

Rouble Slumps Over 10% To Near 2-week Low As Russia Slashes Rates Again

The Cheap InvestorMay 26, 20220

(Reuters) -The Russian rouble slumped around 10% against the dollar in volatile trade to a two-week low on Thursday as…

Ukraine's Richest Man Plans To Sue Russia For Huge Losses
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  • Reuters

Ukraine’s Richest Man Plans To Sue Russia For Huge Losses

The Cheap InvestorMay 26, 20220

KYIV (Reuters) – Ukraine’s richest man says he plans to sue Russia over what he said was $17 billon to…

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