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October 2022

  • AP
  • Headlines

Regulators approve U.S. Bank’s $8B purchase of Union Bank

The Cheap InvestorOctober 14, 2022October 15, 20220

NEW YORK (AP) — Key financial regulators on Friday approved U.S. Bank’s $8 billion acquisition of Japanese financial titan MUFG’s…

  • AP
  • Headlines

Officials: Musk seeks US funds for Ukraine satellite network

The Cheap InvestorOctober 14, 2022October 15, 20220

WASHINGTON (AP) — The Defense Department has gotten a request from SpaceX and Tesla founder Elon Musk to take over…

Kroger Looks To Fight Both Inflation And Walmart With New Merger
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  • Reuters

Kroger Looks To Fight Both Inflation And Walmart With New Merger

The Cheap InvestorOctober 14, 20220

By Arriana McLymore and Siddharth Cavale NEW YORK (Reuters) – The $25-billion merger of Kroger and Albertsons could ultimately lead…

U.S. Business Inventories Increase Slightly Below Expectations In August
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  • Reuters

U.S. Business Inventories Increase Slightly Below Expectations In August

The Cheap InvestorOctober 14, 20220

WASHINGTON (Reuters) – U.S. business inventories increased a bit less than expected in August, but there are signs that unsold…

U.S. Grocer Kroger Carts Away Albertsons For $25 Billion But Faces Antitrust Test
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  • Reuters

U.S. Grocer Kroger Carts Away Albertsons For $25 Billion But Faces Antitrust Test

The Cheap InvestorOctober 14, 20220

By Aishwarya Venugopal, Diane Bartz and Abigail Summerville (Reuters) -Kroger Co snapped up Albertsons Cos Inc in a $25 billion…

Exclusive-Argentina Central Bank, Hopeful On Inflation, Leans Towards Holding Rate Steady - Sources
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  • Reuters

Exclusive-Argentina Central Bank, Hopeful On Inflation, Leans Towards Holding Rate Steady – Sources

The Cheap InvestorOctober 14, 20220

By Jorge Otaola BUENOS AIRES (Reuters) -Argentina’s central bank is set to hold the benchmark interest rate steady at 75%…

U.S. Retail Sales Flat In September; Import Prices Fall Again
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  • Reuters

U.S. Retail Sales Flat In September; Import Prices Fall Again

The Cheap InvestorOctober 14, 20220

By Lucia Mutikani WASHINGTON (Reuters) -U.S. retail sales were unexpectedly flat in September as households cut back on purchases of…

TSX Tracks U.S. Counterparts Higher
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  • Reuters

TSX Tracks U.S. Counterparts Higher

The Cheap InvestorOctober 14, 20220

By Johann M Cherian (Reuters) – Canada’s main stock index extended gains on Friday, tracking a rise on Wall Street…

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Retail sales flat in September as inflation takes a bite

The Cheap InvestorOctober 14, 2022October 15, 20220

NEW YORK (AP) — The pace of sales at U.S. retailers was unchanged in September from August as rising prices…

U.S. Retail Sales Unexpectedly Flat In September
  • Headlines
  • Reuters

U.S. Retail Sales Unexpectedly Flat In September

The Cheap InvestorOctober 14, 20220

WASHINGTON (Reuters) – U.S. retail sales were unexpectedly unchanged in September as stubbornly high inflation and rapidly rising interest rates…

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