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August 2022

  • AP
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Musk tweet joking about buying Manchester United causes stir

The Cheap InvestorAugust 17, 2022August 17, 20220

LONDON (AP) — Elon Musk caused a stir by tweeting that he was buying the English soccer team Manchester United…

  • AP
  • Headlines

US retail sales were flat in July as inflation takes a toll

The Cheap InvestorAugust 17, 2022August 18, 20220

WASHINGTON (AP) — The pace of sales at U.S. retailers was unchanged last month as persistently high inflation and rising…

  • AP
  • Headlines

EU to host Serbia-Kosovo talks in Brussels amid tensions

The Cheap InvestorAugust 17, 2022August 17, 20220

BELGRADE, Serbia (AP) — Wartime rivals Serbia and Kosovo are holding high-level crisis talks on Thursday which the European Union…

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U.S. midterms bring few changes from social media companies

The Cheap InvestorAugust 17, 2022August 18, 20220

SAN FRANCISCO (AP) — Social media companies are offering few specifics as they share their plans for safeguarding the U.S….

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Target takes a hit after heavy discounts to clear inventory

The Cheap InvestorAugust 17, 2022August 18, 20220

NEW YORK (AP) — Target reported solid sales for the fiscal second quarter but its profit plunged nearly 90% after…

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Stocks slip on Wall Street, erasing weekly gains for S&P 500

The Cheap InvestorAugust 17, 2022August 17, 20220

Stocks on Wall Street closed broadly lower Wednesday as drops by big technology companies wiped out the S&P 500′s gains…

Analysis-Activist's Call For ESPN Spin-off May Be A Tough Sell At Disney
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  • Reuters

Analysis-Activist’s Call For ESPN Spin-off May Be A Tough Sell At Disney

The Cheap InvestorAugust 17, 20220

By Dawn Chmielewski and Svea Herbst-Bayliss (Reuters) – The first time billionaire investor Daniel Loeb began pushing for change at…

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Blasts in Crimea underscore Russian forces’ vulnerability

The Cheap InvestorAugust 17, 2022August 17, 20220

KYIV, Ukraine (AP) — A spate of explosions and fires has turned Russian-occupied Crimea from a secure rear base into…

  • AP
  • Headlines

UK inflation reaches 10.1% on soaring food, energy costs

The Cheap InvestorAugust 17, 2022August 18, 20220

LONDON (AP) — Britain’s inflation rate rose to a new 40-year high of 10.1% in July, a faster pace than…

Tencent Reports Its First-ever Revenue Drop As Regulations And COVID-19 Bite
  • Headlines
  • Reuters

Tencent Reports Its First-ever Revenue Drop As Regulations And COVID-19 Bite

The Cheap InvestorAugust 17, 20220

By Josh Ye HONG KONG (Reuters) – China’s Tencent Holdings reported on Wednesday its first ever quarterly sales fall, hurt…

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