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December 14, 2025
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April 1, 2024

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Gold rallies, stocks ease as rate cut optimism fades

The Cheap Investor2 years ago2 years ago04 mins

By Herbert Lash and Kevin Buckland NEW YORK/TOKYO (Reuters) – Gold prices hit fresh all-time peaks on Monday with stocks on Wall Street closing mixed as optimism that the Federal Reserve was near to cutting interest rates faded due to a strong U.S. economy that rebuts the need for cuts anytime soon. Chinese shares led…

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US pump prices set to climb on Russian refinery outages

The Cheap Investor2 years ago2 years ago02 mins

By Shariq Khan and Laura Sanicola (Reuters) – Gasoline prices for U.S. motorists could jump by as much as 15 cents a gallon, with global fuel supplies tighter after Ukraine’s recent attacks on Russian refineries, Patrick De Haan, petroleum analyst at GasBuddy.com said on Monday. WHY IT’S IMPORTANT Rising gasoline prices could hinder the U.S….

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OpenAI makes ChatGPT’s accessible without requiring sign ups

The Cheap Investor2 years ago2 years ago02 mins

(Reuters) – OpenAI will start allowing users to access its free-to-use ChatGPT generative AI chatbot without needing to sign up for the service beginning Monday, the Microsoft-backed startup said on Monday. ChatGPT, which kickstarted the GenAI boom in late 2022, can mimic human conversation and perform tasks such as creating summaries of long text, writing…

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Twilio appoints Sachem Head partner Andy Stafman to board

The Cheap Investor2 years ago2 years ago02 mins

By Svea Herbst-Bayliss NEW YORK (Reuters) – Cloud communications company Twilio has appointed a partner at Sachem Head Capital Management to its board, it said on Monday, as it faces pressure from several activist investment firms to make significant changes. Twilio added Andy Stafman and expanded the size of the board by one person to…

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