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July 14, 2022

  • AP
  • Headlines

Emirates slams Heathrow Airport’s order to cut flights

The Cheap InvestorJuly 14, 2022July 14, 20220

LONDON (AP) — Mideast carrier Emirates on Thursday rejected a demand by London’s Heathrow Airport for airlines to cut the…

  • AP
  • Headlines

Fed board member opens door to 1-point hike if demand rises

The Cheap InvestorJuly 14, 2022July 15, 20220

WASHINGTON (AP) — Christopher Waller, a member of the Federal Reserve’s Board of Governors, said Thursday that he would be…

Fed's Waller Backs 75-basis-point July Rate Hike, May Support Bigger Move
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  • Reuters

Fed’s Waller Backs 75-basis-point July Rate Hike, May Support Bigger Move

The Cheap InvestorJuly 14, 20220

By Ann Saphir (Reuters) -Federal Reserve Governor Christopher Waller said on Thursday he supports another 75-basis-point interest rate increase at…

  • AP
  • Headlines

Average long-term US mortgage rates bounce back up to 5.51%

The Cheap InvestorJuly 14, 2022July 14, 20220

WASHINGTON (AP) — Average long-term U.S. mortgage rates were back up this week, just as the latest government data shows…

Zara Founder Ortega In Talks To Buy $500-million New York Skyscraper
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  • Reuters

Zara Founder Ortega In Talks To Buy $500-million New York Skyscraper

The Cheap InvestorJuly 14, 20220

MADRID (Reuters) – Spanish billionaire and Zara founder Amancio Ortega is in talks to buy a 64-floor skyscraper in New…

Lower-cost U.S. Cities Drove Pandemic Wage Gains, ADP Study Shows
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  • Reuters

Lower-cost U.S. Cities Drove Pandemic Wage Gains, ADP Study Shows

The Cheap InvestorJuly 14, 20220

By Howard Schneider WASHINGTON (Reuters) – Big wage gains for lower-paid U.S. workers, a hallmark of the pandemic economy, were…

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US weekly jobless claims at highest point in nearly 8 months

The Cheap InvestorJuly 14, 2022July 15, 20220

WASHINGTON (AP) — The number of Americans applying for unemployment benefits last week hit its highest level in nearly 8…

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JPMorgan 2Q profit drops; CEO warns of economic challenges

The Cheap InvestorJuly 14, 2022July 15, 20220

NEW YORK (AP) — Profits at JPMorgan Chase fell by 28% in the second quarter as the bank tries to…

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Wholesale inflation in June surged 11.3% from a year ago

The Cheap InvestorJuly 14, 2022July 18, 20220

WASHINGTON (AP) — Inflation at the wholesale level climbed 11.3% in June compared with a year earlier, the latest painful…

Twitter Down For Thousands Of Users Globally
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  • Reuters

Twitter Down For Thousands Of Users Globally

The Cheap InvestorJuly 14, 20220

(Reuters) -Twitter Inc was down for thousands of users across the globe on Thursday, its first such outage since February,…

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