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June 7, 2023

  • Business
  • Economy

Binance CEO’s trading firm received $11 billion via client deposit company, SEC says

The Cheap InvestorJune 7, 2023June 7, 20230

By Tom Wilson LONDON (Reuters) – Merit Peak, an offshore trading company controlled by Binance CEO Changpeng Zhao, received around…

  • Business
  • Economy

Amazon leads declines in discretionary sector, streaming companies outperform

The Cheap InvestorJune 7, 2023June 7, 20230

By SinĂ©ad Carew (Reuters) – Shares in Amazon.com closed down 4.2% on Wednesday, leading declines in the S&P 500 consumer…

  • Business
  • Technology

What makes a crypto asset a security in the U.S.?

The Cheap InvestorJune 7, 2023June 7, 20230

By Jody Godoy (Reuters) -Determining whether digital tokens are securities will be central to the high-stakes case brought by U.S….

  • Environment
  • Latin America

Brazil top court justice hands Congress more time to pass bill curtailing Indigenous rights

The Cheap InvestorJune 7, 2023June 7, 20230

By Anthony Boadle BRASILIA (Reuters) – A Brazilian Supreme Court justice on Wednesday asked for more time to study a…

  • Business
  • Economy

GameStop misses quarterly revenue estimates

The Cheap InvestorJune 7, 2023June 7, 20230

(Reuters) – GameStop posted its fourth consecutive fall in quarterly revenue on Wednesday and missed market estimates, as consumers dialed…

  • Politics
  • Top News

U.S. food aid eligibility battle could resurface in farm bill

The Cheap InvestorJune 7, 2023June 7, 20230

By Leah Douglas (Reuters) – U.S. Democrat and Republican lawmakers in a Wednesday hearing returned to the issue of work…

  • Politics
  • Top News

US Supreme Court’s Clarence Thomas delays filing annual financial disclosure

The Cheap InvestorJune 7, 2023June 7, 20230

By Andrew Chung and John Kruzel WASHINGTON (Reuters) -Conservative U.S. Supreme Court Justice Clarence Thomas, under scrutiny following revelations that…

  • Business
  • Economy

US, European hotel rates may keep rising, industry executives say

The Cheap InvestorJune 7, 2023June 7, 20230

By Doyinsola Oladipo NEW YORK (Reuters) -Hotel room rates in the U.S. and Europe are rising and may get even…

  • Economy
  • Health

Petro urges congress to pass reforms as some try to shelve health bill

The Cheap InvestorJune 7, 2023June 7, 20230

BOGOTA (Reuters) – Colombia’s congress should approve health, labor and pension reforms, President Gustavo Petro said on Wednesday, as the…

  • Business
  • Economy

UK’s Sunak seeks stronger economic ties with U.S. on Washington trip

The Cheap InvestorJune 7, 2023June 7, 20230

WASHINGTON (Reuters) -Britain wants to put its economic ties with the United States on the same footing as the two…

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