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October 2022

Fed Seen Ramping Up Interest-rate Hikes As Inflation Burns Hot
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  • Reuters

Fed Seen Ramping Up Interest-rate Hikes As Inflation Burns Hot

The Cheap InvestorOctober 13, 20220

By Ann Saphir and Howard Schneider (Reuters) -The Federal Reserve is seen delivering another large interest-rate hike in three weeks’…

Oil Prices Rise On Low Diesel Stocks Ahead Of Winter
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Oil Prices Rise On Low Diesel Stocks Ahead Of Winter

The Cheap InvestorOctober 13, 20220

By Arathy Somasekhar HOUSTON (Reuters) – Oil prices traded about $1 higher on Thursday, reversing course as low levels of…

  • AP
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How Social Security works and what to know about its future

The Cheap InvestorOctober 13, 2022October 13, 20220

NEW YORK (AP) — Tens of millions of older Americans will see a major increase in benefits this January when…

Exclusive-Google Faces EU Antitrust Charges Over Its Adtech Business - Sources
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Exclusive-Google Faces EU Antitrust Charges Over Its Adtech Business – Sources

The Cheap InvestorOctober 13, 20220

By Foo Yun Chee BRUSSELS (Reuters) -Alphabet unit Google could face antitrust charges next year over its digital advertising business,…

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IMF chief urges aggressive fight against soaring inflation

The Cheap InvestorOctober 13, 2022October 13, 20220

WASHINGTON (AP) — Warning that inflation threatens to become “a runaway train,’’ the managing director of the International Monetary Fund…

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IKEA calls 2022 an ‘exceptional year’ despite challenges

The Cheap InvestorOctober 13, 2022October 13, 20220

STOCKHOLM (AP) — Swedish home furnishings giant IKEA said Thursday that despite “unprecedented challenges” caused by the war in Ukraine,…

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Walgreens beats fiscal 4Q forecasts, absorbs UK business hit

The Cheap InvestorOctober 13, 2022October 14, 20220

Walgreens Boots Alliance topped earnings forecasts in the final quarter of fiscal 2022, and the drugstore chain’s early look at…

  • AP
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Average long-term US mortgage rates up another quarter point

The Cheap InvestorOctober 13, 2022October 14, 20220

WASHINGTON (AP) — Average long-term U.S. mortgage rates reached their highest level in more than two decades this week and…

Renault's New Circular Economy Unit Eyes 2.3 Billion In Revenue By 2030
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  • Reuters

Renault’s New Circular Economy Unit Eyes 2.3 Billion In Revenue By 2030

The Cheap InvestorOctober 13, 20220

PARIS (Reuters) – French carmaker Renault said on Thursday that its new “The Future is NEUTRAL” entity that will focus…

U.S. Consumer Prices Increase More Than Expected In September; Weekly Jobless Claims Rise
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  • Reuters

U.S. Consumer Prices Increase More Than Expected In September; Weekly Jobless Claims Rise

The Cheap InvestorOctober 13, 20220

WASHINGTON (Reuters) – U.S consumer prices increased more than expected in September and underlying inflation pressures continued to build up,…

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