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December 2022

Former FTX CEO Bankman-Fried Arrested In The Bahamas: Official
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  • Reuters

Former FTX CEO Bankman-Fried Arrested In The Bahamas: Official

The Cheap InvestorDecember 12, 20220

(Reuters) – The Bahamas police have arrested former FTX CEO Sam Bankman-Fried, the country’s attorney general said in a statement…

U.S. November Deficit Rises Sharply As Revenues Fall, Outlays Jump
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U.S. November Deficit Rises Sharply As Revenues Fall, Outlays Jump

The Cheap InvestorDecember 12, 20220

WASHINGTON (Reuters) – The November U.S. budget deficit jumped by $57 billion or 30% from a year earlier to $249…

Marketmind: China's Loan Danger
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Marketmind: China’s Loan Danger

The Cheap InvestorDecember 12, 20220

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. As investors enter…

  • AP
  • Headlines

EPA: US fuel economy flat in 2021, emissions down slightly

The Cheap InvestorDecember 12, 2022December 12, 20220

DETROIT (AP) — Fuel economy for 2021 model year vehicles in the U.S. stayed flat with 2020 as people continued…

  • AP
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Twitter relaunching subscriber service after debacle

The Cheap InvestorDecember 12, 2022December 12, 20220

NEW YORK (AP) — Twitter is once again attempting to launch its premium service, a month after a previous attempt…

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Lawmakers to hold FTX hearing despite former CEO arrest

The Cheap InvestorDecember 12, 2022December 13, 20220

NEW YORK (AP) — The House Financial Services Committee plans to hold a hearing into the collapse of crypto exchange…

Oil Up $2/bbl On Supply Risks Amid Ongoing Keystone Outage
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Oil Up $2/bbl On Supply Risks Amid Ongoing Keystone Outage

The Cheap InvestorDecember 12, 20220

By Laila Kearney NEW YORK (Reuters) -Oil prices settled up about $2 a barrel on Monday on supply jitters, as…

FTX CEO To Detail "unacceptable Management Practices" In Congressional Testimony
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  • Reuters

FTX CEO To Detail “unacceptable Management Practices” In Congressional Testimony

The Cheap InvestorDecember 12, 20220

(Reuters) – FTX CEO John Ray will tell lawmakers on Tuesday that the bankrupt cryptocurrency exchange had “unacceptable management practices”…

Gold Is Better Portfolio Diversifier Than Bitcoin -Goldman Sachs
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Gold Is Better Portfolio Diversifier Than Bitcoin -Goldman Sachs

The Cheap InvestorDecember 12, 20220

(Reuters) – Goldman Sachs expects gold, with its real demand drivers, to outperform the highly volatile bitcoin in the long…

Americans Expected Waning Inflation Pressures, Rising Incomes In November
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Americans Expected Waning Inflation Pressures, Rising Incomes In November

The Cheap InvestorDecember 12, 20220

By Michael S. Derby and Howard Schneider (Reuters) – Americans said last month that they are expecting waning inflation pressures…

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