BusinessEconomy SEC probing First Republic Bank executives for insider trading – Bloomberg News The Cheap InvestorMay 5, 2023May 5, 20230 (Reuters) -The U.S. Securities and Exchange Commission is investigating the conduct of First Republic Bank executives before the government seizure…
AfricaBusiness Jailed, deported and blacklisted: Qatar’s outspoken World Cup guards The Cheap InvestorMay 5, 2023May 5, 20230 By Andrew Mills DOHA/MOMBASA (Reuters) – Andrew Maganga seized the chance to work as a World Cup security guard in…
BusinessUS 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…
BusinessTechnology 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…
AsiaPolitics 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…
AsiaAustralia 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…
HeadlinesReuters 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…
BusinessEconomy 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…
AsiaAustralia 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…