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The Cheap Investor

The Cheap Investor

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The Cheap Investor

The Cheap Investor

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June 2022

  • AP
  • Headlines

Coal pile slide buries, kills 2 at Colorado power plant

The Cheap InvestorJune 2, 2022June 3, 20220

PUEBLO, Colo. (AP) — A slide on an 80-foot-high (24-meter-high) coal pile killed two workers Thursday at a southern Colorado…

Oil Rises 1% As U.S. Crude Drawdown Overshadows OPEC+ Boost
  • Headlines
  • Reuters

Oil Rises 1% As U.S. Crude Drawdown Overshadows OPEC+ Boost

The Cheap InvestorJune 2, 20220

By Laura Sanicola (Reuters) -Oil rose more than 1% on Thursday after U.S. crude inventories fell more than expected amid…

Nikola Founder Trevor Milton Votes Against Issuing New Shares - Bloomberg News
  • Headlines
  • Reuters

Nikola Founder Trevor Milton Votes Against Issuing New Shares – Bloomberg News

The Cheap InvestorJune 2, 20220

(Reuters) – Nikola Corp’s founder Trevor Milton voted against the electric vehicle company’s proposal to issue new shares at the…

Fed Policymakers: September Rate Hike A Question Of How Big, Not If
  • Headlines
  • Reuters

Fed Policymakers: September Rate Hike A Question Of How Big, Not If

The Cheap InvestorJune 2, 20220

(Reuters) – The Federal Reserve is likely to continue tightening monetary policy beyond the half percentage point interest rate hikes…

Goldman Sachs COO Waldron Sees Unprecedented Shocks In Economy
  • Headlines
  • Reuters

Goldman Sachs COO Waldron Sees Unprecedented Shocks In Economy

The Cheap InvestorJune 2, 20220

By Carolina Mandl and Elizabeth Dilts Marshall NEW YORK (Reuters) -Goldman Sachs’ President and Chief Operating Officer John Waldron said…

  • AP
  • Headlines

Average long-term US mortgage rates edge down, still over 5%

The Cheap InvestorJune 2, 2022June 2, 20220

WASHINGTON (AP) — Average long-term U.S. mortgage rates edged down slightly this week, though interest rates on the key 30-year…

  • AP
  • Headlines

Amazon to close Kindle bookstore in China, halt device sale

The Cheap InvestorJune 2, 2022June 2, 20220

Amazon said Thursday that it will shut down its digital Kindle bookstores in China and stop selling the device to…

U.S. Tech Sector Sees Highest Job Cuts In May Since Dec. 2020 - Report
  • Headlines
  • Reuters

U.S. Tech Sector Sees Highest Job Cuts In May Since Dec. 2020 – Report

The Cheap InvestorJune 2, 20220

(Reuters) – U.S. employers in the technology sector cut nearly nine times more jobs in May than in the first…

White House Weighing Oil Profits Tax To Fund Consumer Rebate, Official Says
  • Headlines
  • Reuters

White House Weighing Oil Profits Tax To Fund Consumer Rebate, Official Says

The Cheap InvestorJune 2, 20220

By Trevor Hunnicutt WASHINGTON (Reuters) -The White House is considering proposals that would tax oil and gas windfall profits in…

  • AP
  • Headlines

Russian Orthodox head escapes EU sanctions thanks to Orban

The Cheap InvestorJune 2, 2022June 3, 20220

BRUSSELS (AP) — Thanks to the insistence of Hungary, the head of the Russian Orthodox Church has been removed from…

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