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September 11, 2022

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As small businesses raise prices, some customers push back

The Cheap Investor3 years ago3 years ago06 mins

NEW YORK (AP) — Inflation isn’t only costing small businesses money. It’s costing them customers as well. At the Bushwick Grind Cafe in Brooklyn, New York, Kymme Williams-Davis has raised prices and switched to different types of goods to keep up with the rising costs of milk, coffee, paper goods and plastic, as well as…

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Canada's Real Problem Is Not Job Losses, It's The Rush To Retire
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Canada’s Real Problem Is Not Job Losses, It’s The Rush To Retire

The Cheap Investor3 years ago04 mins

By Julie Gordon OTTAWA (Reuters) – More than a year after the Great Resignation took hold in the United States, Canada is grappling with its own greyer version: The Great Retirement. Canada’s labor force grew in August, but it fell the previous two months and remains smaller than before the summer as tens of thousands…

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Eastern Ukraine towns hit in overnight strikes

The Cheap Investor3 years ago3 years ago04 mins

POKROVSK, Ukraine (AP) — Through the debris-strewn rooms of the bomb-blasted house, the incessant ringing of a phone punctuates the crunch of broken glass splintering underfoot as police lay out a body bag. But the call will never be answered. The phone’s owner crouches lifeless on the floor of his home, in a front room…

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Munich Re Says Reinsurance Rates Likely To Rise
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Munich Re Says Reinsurance Rates Likely To Rise

The Cheap Investor3 years ago01 mins

FRANKFURT (Reuters) – Munich Re said reinsurance rates were set to rise across the industry, caused by inflation, higher interest rates and a decline in capital to underpin underwriting activity. In a statement on Sunday, the German group said reinsurance capacity, or the industry’s financial ability to take on risks, was on the decline while…

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EXPLAINER: Ukraine’s threatened nuclear plant shuts down

The Cheap Investor3 years ago3 years ago03 mins

The last operating reactor at Ukraine’s Zaporizhzhia nuclear power plant, which is Europe’s largest, was shut down Sunday to reduce the threat of a radiation disaster amid the continuing fighting. The move became possible after the plant was reconnected to Ukraine’s power grid. Here is a look at the situation at the plant after 200…

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Japan Must Take Steps Against 'excessive' Yen Moves - Govt Spokesman
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Japan Must Take Steps Against ‘excessive’ Yen Moves – Govt Spokesman

The Cheap Investor3 years ago03 mins

By Leika Kihara TOKYO (Reuters) -Japan’s government must take steps as needed to counter excessive declines in the yen, a senior government official said on Sunday, as the currency slides to its weakest level against the dollar in 24 years. The comments from Seiji Kihara, the deputy chief cabinet secretary of Prime Minister Fumio Kishida’s…

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Russian troops retreat after Ukraine counteroffensive

The Cheap Investor3 years ago3 years ago05 mins

KYIV, Ukraine (AP) — Ukrainian forces on Sunday pushed its counteroffensive in the country’s east, exploiting quick gains they made in a week of fighting that has sharply changed the course of the conflict. Ukraine’s quick action to reclaim Russia-occupied areas in the northeastern Kharkiv region forced Moscow to withdraw its troops to prevent them…

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Sweden holds vote expected to boost anti-immigration party

The Cheap Investor3 years ago3 years ago05 mins

STOCKHOLM (AP) — Sweden is holding an election Sunday expected to boost a populist anti-immigration party that promises to crack down on shootings and other gang violence that have shaken many people’s sense of security. The Sweden Democrats entered parliament in 2010 and have steadily gained more votes with each election. The party’s fortunes have…

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Ukraine pushes major counteroffensive as war marks 200 days

The Cheap Investor3 years ago3 years ago05 mins

As the war in Ukraine marks 200 days, the country has reclaimed broad swaths of the south and east in a long-anticipated counteroffensive that has dealt a heavy blow to Russia. The counterattack began in the final days of August and at first focused on the southern region of Kherson, which was swept by Russian…

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Last reactor at Ukraine’s Zaporizhzhia nuclear plant stopped

The Cheap Investor3 years ago3 years ago03 mins

KYIV, Ukraine (AP) — Europe’s largest nuclear plant has been reconnected to Ukraine’s electricity grid, allowing engineers to shut down its last operational reactor in an attempt to avoid a radiation disaster as fighting rages in the area. The six-reactor Zaporizhzhia plant lost its outside source of power a week ago after all its power…

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