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August 17, 2023

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UAW leader says Detroit Three automakers ‘still not serious’ in contract talks

The Cheap InvestorAugust 17, 2023August 17, 20230

By Joseph White DETROIT (Reuters) -United Auto Workers President Shawn Fain told Reuters the Detroit Three automakers are “still not…

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Fed Chair Powell to give economic outlook at Jackson Hole Aug 25

The Cheap InvestorAugust 17, 2023August 17, 20230

(Reuters) – Federal Reserve Chair Jerome Powell will deliver a talk on the economic outlook on Aug. 25 at the…

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US House panel subpoenas FBI’s Wray, DOJ’s Garland in social media probe

The Cheap InvestorAugust 17, 2023August 17, 20230

WASHINGTON (Reuters) -The U.S. House Judiciary Committee said on Thursday it had issued subpoenas to FBI Director Christopher Wray and…

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Wall Street ends lower on healthcare losses, interest rate jitters

The Cheap InvestorAugust 17, 2023August 17, 20230

By Saeed Azhar and Amruta Khandekar NEW YORK (Reuters) – Wall Street’s main indexes closed lower after choppy trading on…

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U.S. Treasury yields jump and stocks dip on rate, China concerns

The Cheap InvestorAugust 17, 2023August 17, 20230

By Pete Schroeder WASHINGTON (Reuters) -Longer-dated U.S. Treasury yields hit a 10-month high Thursday as Wall Street accelerated losses into…

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US escalates Mexico corn trade spat with dispute panel request

The Cheap InvestorAugust 17, 2023August 17, 20230

By David Lawder WASHINGTON (Reuters) -The United States on Thursday escalated its objections to Mexico’s curbs on genetically modified corn…

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Dalio says China is overdue in reducing its debt

The Cheap InvestorAugust 17, 2023August 17, 20230

(Reuters) – Legendary investor Ray Dalio, a big enthusiast and investor in China, said on Thursday the world’s second largest…

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NY Fed survey: Markets bet ahead of July FOMC expected rate rise would be last

The Cheap InvestorAugust 17, 2023August 17, 20230

By Michael S. Derby NEW YORK (Reuters) – Ahead of the July Federal Reserve meeting, banks and money managers projected…

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Ice cream prices double in a month as Argentina battles inflation

The Cheap InvestorAugust 17, 2023August 17, 20230

By Anna-Catherine Brigida BUENOS AIRES (Reuters) – When Ernesto Acuna, a convenience store owner in Buenos Aires, received the new…

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US judge won’t block Florida law barring Chinese citizens from owning homes

The Cheap InvestorAugust 17, 2023August 17, 20230

By Daniel Wiessner (Reuters) – A U.S. judge in Florida on Thursday declined to block the state’s law barring citizens…

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