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June 17, 2022

  • AP
  • Headlines

Putin: Russian economy to overcome ‘reckless’ sanctions

The Cheap InvestorJune 17, 2022June 18, 20220

ST. PETERSBURG, Russia (AP) — President Vladimir Putin said at Russia’s showpiece investment conference Friday that the country’s economy will…

Fed Policymakers See More Rate Hikes, Soft Landing
  • Headlines
  • Reuters

Fed Policymakers See More Rate Hikes, Soft Landing

The Cheap InvestorJune 17, 20220

(Reuters) -Federal Reserve policymakers on Friday began to publicly sketch out their views of the outlook for interest rates and…

Fed's Kashkari: 'prudent' To Use 50 Bps Hikes After July
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  • Reuters

Fed’s Kashkari: ‘prudent’ To Use 50 Bps Hikes After July

The Cheap InvestorJune 17, 20220

(Reuters) – Minneapolis Federal Reserve Bank President Neel Kashkari on Friday said he supported the U.S. central bank’s 0.75 percentage…

  • AP
  • Headlines

Vince McMahon will step down during WWE misconduct probe

The Cheap InvestorJune 17, 2022June 20, 20220

Vince McMahon is stepping down as CEO and chairman of WWE during an an investigation into alleged misconduct involving the…

Oil Drops On Recession Concerns, Heading For Weekly Fall
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  • Reuters

Oil Drops On Recession Concerns, Heading For Weekly Fall

The Cheap InvestorJune 17, 20220

By Bozorgmehr Sharafedin LONDON (Reuters) -Oil prices fell almost 2% on Friday and were on track for a weekly decline…

Elon Musk's SpaceX Fires At Least Five Over Critical Letter
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  • Reuters

Elon Musk’s SpaceX Fires At Least Five Over Critical Letter

The Cheap InvestorJune 17, 20220

By Joey Roulette and Eric M. Johnson (Reuters) -Private rocket company SpaceX fired at least five employees after it found…

  • AP
  • Headlines

Foundations embrace organized labor with $20 million plan

The Cheap InvestorJune 17, 2022June 17, 20220

Following a string of union victories at Amazon and Starbucks, a group of prominent progressive grant makers is seeking to…

Fed's Powell: A U.S. Digital Dollar Could Help Maintain International Primacy
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  • Reuters

Fed’s Powell: A U.S. Digital Dollar Could Help Maintain International Primacy

The Cheap InvestorJune 17, 20220

(Reuters) – The development of an official digital version of the U.S. dollar could help safeguard its global dominance as…

  • AP
  • Headlines

Russia again cuts natural gas exports to European countries

The Cheap InvestorJune 17, 2022June 18, 20220

PRAGUE (AP) — Russia reduced natural gas to Europe again Friday, including cutting flows by half to Italy and Slovakia…

Futures Rebound After Rout But Recession Worries Weigh
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  • Reuters

Futures Rebound After Rout But Recession Worries Weigh

The Cheap InvestorJune 17, 20220

(Reuters) – U.S. stock index futures bounced back on Friday from a brutal Wall Street selloff this week after the…

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