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May 2023

  • Asia
  • Business

Exxon settles Indonesia torture case that led to SEC official’s ouster

The Cheap InvestorMay 15, 2023May 15, 20230

By Andrew Goudsward (Reuters) – Exxon Mobil Corp on Monday settled a long-running human rights lawsuit with villagers who claimed…

  • Business
  • Economy

New York Fed finds big slowdown in new mortgage creation in first quarter

The Cheap InvestorMay 15, 2023May 15, 20230

By Michael S. Derby NEW YORK (Reuters) -Americans’ appetite for taking on new mortgages slowed substantially during the first quarter,…

Former Silicon Valley Bank CEO Says Rate Hikes, Withdrawals Sank Firm
  • Headlines
  • Reuters

Former Silicon Valley Bank CEO Says Rate Hikes, Withdrawals Sank Firm

The Cheap InvestorMay 15, 20230

By Pete Schroeder and Hannah Lang WASHINGTON (Reuters) -Greg Becker, former CEO of failed lender Silicon Valley Bank, apologized in…

  • Business
  • Economy

Former Silicon Valley Bank CEO says rate hikes, withdrawals sank firm

The Cheap InvestorMay 15, 2023May 15, 20230

By Pete Schroeder and Hannah Lang WASHINGTON (Reuters) -Greg Becker, former CEO of failed lender Silicon Valley Bank, apologized in…

  • Business
  • Economy

Oil gains over 1%, ends losing streak on tightening supplies

The Cheap InvestorMay 15, 2023May 15, 20230

By Shariq Khan BENGALURU (Reuters) -Oil prices rose a dollar a barrel on Monday after three straight sessions of declines,…

  • Business
  • Economy

Explainer-Biden’s budget vs. Republican debt ceiling bill on spending, deficits, taxes

The Cheap InvestorMay 15, 2023May 15, 20230

By David Lawder WASHINGTON (Reuters) -President Joe Biden’s administration and Republicans in the U.S. Congress are in talks to end…

  • Asia
  • Australia

US dollar retreats from five-week high as debt ceiling stalemate weighs

The Cheap InvestorMay 15, 2023May 15, 20230

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar fell from a five-week high on Monday, as investors consolidated gains…

  • Business
  • Economy

Republicans reject White House tax loophole proposal in debt talks -WaPo

The Cheap InvestorMay 15, 2023May 15, 20230

WASHINGTON (Reuters) – The White House last week gave Republican lawmakers a list of proposals to reduce the deficit by…

  • Technology
  • Top News

Data of 237,000 US government employees breached

The Cheap InvestorMay 15, 2023May 15, 20230

By David Shepardson WASHINGTON (Reuters) – The personal information of 237,000 current and former federal government employees has been exposed…

  • Health
  • Politics

Biden picks cancer surgeon Monica Bertagnolli to head NIH

The Cheap InvestorMay 15, 2023May 15, 20230

By Julie Steenhuysen (Reuters) – The Biden administration on Monday said it intends to nominate cancer surgeon Dr. Monica Bertagnolli…

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