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May 2023

  • Business
  • US

Walmart keeps grocery prices steady amid inflation, antitrust claims

The Cheap InvestorMay 5, 2023May 5, 20230

By Siddharth Cavale NEW YORK (Reuters) – A new analysis of Walmart’s pricing strategy reveals it has consistently kept grocery…

  • Business
  • Technology

Binance faces US probe of possible Russian sanctions violations – Bloomberg News

The Cheap InvestorMay 5, 2023May 5, 20230

(Reuters) -The U.S. Justice Department is investigating whether Binance Holdings was illegally used to let Russians skirt U.S. sanctions and…

  • Business

Lyft rattles Wall Street as margins suffer in race with Uber

The Cheap InvestorMay 5, 2023May 5, 20230

By Aditya Soni (Reuters) -Lyft Inc shares tumbled about 19% on Friday as the ride-hailing company’s strategy to claw back…

  • Asia
  • Politics

U.S. moving ahead with $500 million in arms aid for Taiwan, source says

The Cheap InvestorMay 5, 2023May 5, 20230

By Mike Stone WASHINGTON (Reuters) – U.S. President Joe Biden’s administration plans to send $500 million worth of weapons aid…

  • Asia
  • Australia

King Charles and royals greet well-wishers ahead of coronation

The Cheap InvestorMay 5, 2023May 5, 20230

By Michael Holden LONDON (Reuters) -King Charles greeted excited crowds gathering for his coronation before hosting a reception for world…

Stocks Rally While Treasuries Fall As U.S. Jobs Data Brightens Outlook
  • Headlines
  • Reuters

Stocks Rally While Treasuries Fall As U.S. Jobs Data Brightens Outlook

The Cheap InvestorMay 5, 20230

By Sinéad Carew and Naomi Rovnick NEW YORK/LONDON (Reuters) – A global gauge of stocks rallied and U.S. Treasuries and…

  • Business
  • Economy

Fed’s Bullard: ‘Open mind’ on June meeting, though rates still may need to rise

The Cheap InvestorMay 5, 2023May 5, 20230

By Howard Schneider WASHINGTON (Reuters) – St. Louis Federal Reserve President James Bullard said on Friday he was ready to…

  • Asia
  • Australia

Dollar dips against euro as jobs gains offset by negative revisions

The Cheap InvestorMay 5, 2023May 5, 20230

By Karen Brettell NEW YORK (Reuters) – The dollar gave back earlier gains against the euro but stayed stronger against…

  • Europe
  • Politics

Russia’s Wagner threatens to leave Bakhmut, Ukraine says mercenaries reinforcing

The Cheap InvestorMay 5, 2023May 5, 20230

By Felix Light and Caleb Davis (Reuters) -Russia’s main mercenary group announced plans on Friday to withdraw from the eastern…

  • Business
  • US

AIG postpones Corebridge stock sale as banking fears fuel volatility

The Cheap InvestorMay 5, 2023May 5, 20230

(Reuters) – American International Group Inc said on Friday it had delayed a secondary share sale in its life insurance…

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