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January 25, 2023

  • Business
  • Economy

U.S. targets ’08 crisis trader conflicts in new rule, decade after 1st try

The Cheap InvestorJanuary 25, 2023January 25, 20230

By Douglas Gillison WASHINGTON (Reuters) -Wall Street’s top regulator on Wednesday unanimously voted to propose a rule barring traders in…

Wall St Falls As Microsoft Outlook Dents Tech Stocks, Earnings Disappoint
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  • Reuters

Wall St Falls As Microsoft Outlook Dents Tech Stocks, Earnings Disappoint

The Cheap InvestorJanuary 25, 20230

By Shreyashi Sanyal and Johann M Cherian (Reuters) -Wall Street benchmarks dropped on Wednesday as a decline in technology stocks…

Natural Disasters Caused $313 Billion Economic Loss In 2022 - Aon
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Natural Disasters Caused $313 Billion Economic Loss In 2022 – Aon

The Cheap InvestorJanuary 25, 20230

(Reuters) – Natural disasters, many driven by climate change, caused global economic losses of $313 billion in 2022, insurance broker…

Wall St Falls As Microsoft Forecast Hits Tech Stocks, Earnings Disappoint
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  • Reuters

Wall St Falls As Microsoft Forecast Hits Tech Stocks, Earnings Disappoint

The Cheap InvestorJanuary 25, 20230

By Shreyashi Sanyal and Johann M Cherian (Reuters) – Wall Street’s main indexes dropped on Wednesday, with the Nasdaq down…

Brazilian Retailer Americanas Reports 7,720 Creditors, $8 Billion In Debt
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  • Reuters

Brazilian Retailer Americanas Reports 7,720 Creditors, $8 Billion In Debt

The Cheap InvestorJanuary 25, 20230

By Gabriel Araujo SAO PAULO (Reuters) -Brazilian retailer Americanas SA reported 7,720 creditors and debt totaling nearly $8 billion within…

Grayscale Would Appeal Lawsuit Against SEC If Court Rejects Case, CEO Says
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Grayscale Would Appeal Lawsuit Against SEC If Court Rejects Case, CEO Says

The Cheap InvestorJanuary 25, 20230

By Hannah Lang (Reuters) -Crypto asset manager Grayscale Investments is gearing up for a prolonged legal fight with the U.S….

NYSE Says Sell Short Restriction Was Triggered 'erroneously'
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NYSE Says Sell Short Restriction Was Triggered ‘erroneously’

The Cheap InvestorJanuary 25, 20230

(Reuters) – The New York Stock Exchange said on Wednesday that a sell short restriction (SSR) was “erroneously” triggered in…

Brazil's Economy To Stay Weak Amid Doubts Over Lula's Spending Push: Reuters Poll
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Brazil’s Economy To Stay Weak Amid Doubts Over Lula’s Spending Push: Reuters Poll

The Cheap InvestorJanuary 25, 20230

By Gabriel Burin and Valentine Hilaire BUENOS AIRES/MEXICO CITY (Reuters) – Brazil’s slowing economy will likely remain weak in 2023…

Microsoft Cloud Outage Hits Users Around The World
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Microsoft Cloud Outage Hits Users Around The World

The Cheap InvestorJanuary 25, 20230

By Akriti Sharma (Reuters) – Microsoft Corp on Wednesday was hit with a networking outage that took down its cloud…

Hindenburg Shorts India's Adani Group, Cites Debt, Accounting Concerns
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Hindenburg Shorts India’s Adani Group, Cites Debt, Accounting Concerns

The Cheap InvestorJanuary 25, 20230

BENGALURU (Reuters) – Hindenburg Research said on Wednesday it held short positions in Adani Group, accusing the Indian conglomerate of…

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