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August 2022

  • AP
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Evictions spiking as assistance, protections disappear

The Cheap InvestorAugust 10, 2022August 11, 20220

Jada Riley thought she had beaten homelessness. The 26-year-old New Orleans resident was finally making a steady income cleaning houses…

U.S. Consumer Price Growth Unchanged For July
  • Headlines
  • Reuters

U.S. Consumer Price Growth Unchanged For July

The Cheap InvestorAugust 10, 20220

(Reuters) – U.S. consumer prices did not rise in July due to a sharp drop in the cost of gasoline,…

  • AP
  • Headlines

Russians buy last goods from H&M, IKEA as stores wind down

The Cheap InvestorAugust 10, 2022August 11, 20220

MOSCOW (AP) — Russians are snapping up Western fashion and furniture this week as H&M and IKEA sell off the…

  • AP
  • Headlines

Elon Musk sells $7B in Tesla shares ahead of Twitter fight

The Cheap InvestorAugust 10, 2022August 11, 20220

Elon Musk has sold nearly $7 billion worth of shares in Tesla as the billionaire gets his finances in order…

Wendy's U.S. Sales Disappoint As Inflation Crimps Consumer Spending
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  • Reuters

Wendy’s U.S. Sales Disappoint As Inflation Crimps Consumer Spending

The Cheap InvestorAugust 10, 20220

(Reuters) -Wendy’s Co missed Wall Street estimates for quarterly U.S. same-store sales growth on Wednesday, as Americans reined in their…

TUI's Disruption-hit Quarter Takes Shine Off Strong Summer Bookings
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  • Reuters

TUI’s Disruption-hit Quarter Takes Shine Off Strong Summer Bookings

The Cheap InvestorAugust 10, 20220

By Yadarisa Shabong (Reuters) -TUI, one of the world’s largest tour operators, took a 75 million euros ($77 million) hit…

  • AP
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German FinMin pitches $10B tax cuts to ease inflation pain

The Cheap InvestorAugust 10, 2022August 10, 20220

BERLIN (AP) — Germany’s finance minister said Wednesday that the government plans to make tax cuts worth more than 10…

Oil Drops On Druzhba Pipeline News And U.S. Inflation Expectations
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  • Reuters

Oil Drops On Druzhba Pipeline News And U.S. Inflation Expectations

The Cheap InvestorAugust 10, 20220

By Rowena Edwards LONDON (Reuters) -Oil prices edged lower on Wednesday on expectations that Druzhba pipeline flows will resume shortly…

  • AP
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Japan’s Honda sees declining profits on semiconductor crunch

The Cheap InvestorAugust 10, 2022August 10, 20220

TOKYO (AP) — Honda’s fiscal first quarter profit fell 33% from last year as a global computer chip shortage, a…

  • AP
  • Headlines

Japan’s Toshiba boosts profit on devices, auto sector demand

The Cheap InvestorAugust 10, 2022August 10, 20220

TOKYO (AP) — Toshiba reported a 44% improvement in profit in the last quarter as the Japanese technology giant worked…

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