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May 2023

  • Business
  • Economy

Explainer-Why are Nvidia’s shares soaring and what is its role in the AI boom?

The Cheap InvestorMay 30, 2023May 30, 20230

(Reuters) – Nvidia Corp soared to a trillion-dollar market value on Tuesday as shares continued to surge after a bumper…

  • Economy
  • Politics

Republican Ralph Norman to vote against US debt ceiling bill in committee if not amended

The Cheap InvestorMay 30, 2023May 30, 20230

WASHINGTON (Reuters) – Representative Ralph Norman, a hardline conservative Republican, said he will vote against the debt ceiling bill when…

  • Headlines
  • Reuters

Oil Slides 4% On Worries About US Debt Ceiling, OPEC+ Talks

The Cheap InvestorMay 30, 20230

By Stephanie Kelly NEW YORK (Reuters) – Oil prices fell by about 4% on Tuesday on concerns about whether the…

  • Business

Goldman head of sovereign business Powell McCormick moves to merchant bank

The Cheap InvestorMay 30, 2023May 30, 20230

By Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) -Dina Powell McCormick, the head of Goldman Sachs Group Inc’s sovereign…

  • Economy
  • Latin America

Brazil’s new fiscal rules stricter than they look, finance ministry official says

The Cheap InvestorMay 30, 2023May 30, 20230

BRASILIA (Reuters) – Brazil’s newly introduced fiscal framework is stricter than they appear and will require a discussion of important…

  • Business
  • Politics

Factbox-U.S. debt ceiling deal: Stocks that could benefit

The Cheap InvestorMay 30, 2023May 30, 20230

NEW YORK (Reuters) – Here are some stocks that could benefit, according to analysts at U.S. brokerage BTIG, if U.S….

  • Middle East
  • Politics

US targets Syrian money service businesses in fresh sanctions

The Cheap InvestorMay 30, 20230

By Daphne Psaledakis WASHINGTON (Reuters) – The United States on Tuesday imposed punitive measures on two Syrian money service businesses…

  • Business
  • Technology

U.S. Supreme Court declines to hear bid to sue Reddit over child porn

The Cheap InvestorMay 30, 2023May 30, 20230

By Andrew Chung (Reuters) – The U.S. Supreme Court on Tuesday declined to hear a bid by child pornography victims…

  • Business
  • US

US Supreme Court rejects Avery Dennison appeal on patent eligibility

The Cheap InvestorMay 30, 2023May 30, 20230

By Blake Brittain WASHINGTON (Reuters) -The U.S. Supreme Court on Tuesday turned away a patent dispute between labeling company Avery…

  • Business
  • Economy

Explainer-How could a US debt ceiling default hit regular Americans?

The Cheap InvestorMay 30, 2023May 30, 20230

By Jason Lange WASHINGTON (Reuters) – What could happen on Main Street if Washington’s political showdown over the debt ceiling…

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