The Cheap Investor

Trump, asked about chances of war with Iran, says ‘anything can happen’

WASHINGTON (Reuters) – U.S. President-elect Donald Trump said “anything can happen” when asked about the chances of going to war with Iran during his next term in an interview with Time, coinciding with his being named the magazine’s Person of the Year. “Anything can happen. Anything can happen. It’s a very volatile situation,” Trump said,…

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Apple to bring satellite communications to smartwatch next year, Bloomberg News reports

(Reuters) – Apple plans to bring satellite connections to its smartwatch in 2025 and is ramping up work on a blood-pressure feature for the device, Bloomberg News reported on Tuesday. The satellite feature is expected to come to next year’s version of the iPhone maker’s Apple Watch Ultra, the report said, citing people familiar with…

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GameStop reports fall in third-quarter revenue as consumers curb spending

(Refiles to remove extraneous words in paragraph 2) (Reuters) – Videogame retailer GameStop reported a fall in third-quarter revenue on Tuesday, hit by a continued slump in spending at its brick-and-mortar stores as consumers shift to online platforms. The company’s third-quarter revenue fell 20% to $860 million, compared with $1.08 billion a year ago. GameStop…

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Trump says anyone investing $1 billion in US will receive expedited permits

WASHINGTON (Reuters) -U.S. President-elect Donald Trump said on Tuesday that any person or company investing at least $1 billion into the U.S. “will receive fully expedited approvals and permits, including, but in no way limited to, all Environmental approvals.” The statement, posted on his social media platform Truth Social, did not offer further details. Trump’s…

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