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Average long-term US mortgage rates inch down this week

The Cheap InvestorDecember 15, 2022December 15, 20220

WASHINGTON (AP) — The average long-term U.S. mortgage rate declined for the fifth straight week, even as the Federal Reserve…

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CES 2023: Tech world to gather and show off gadgets

The Cheap InvestorDecember 15, 2022December 15, 20220

NEW YORK (AP) — CES, the annual tech industry event formerly known as the Consumer Electronics Show, is returning to…

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High inflation and efforts to tame it defined 2022 economy

The Cheap InvestorDecember 15, 2022December 15, 20220

WASHINGTON (AP) — For the economy, 2022 was a throwback year. And not in a good way. At times, it…

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New MacKenzie Scott website details $14 billion in gifts

The Cheap InvestorDecember 15, 2022December 15, 20220

Philanthropist MacKenzie Scott says her donations have yielded more than $14 billion in funding for about 1,600 nonprofits since 2019,…

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EU leaders seek to stand up to US and avoid trade war

The Cheap InvestorDecember 15, 2022December 15, 20220

BRUSSELS (AP) — European Union leaders on Thursday sought ways to stand up to the United States over its new…

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Fewer Americans apply for jobless benefits last week

The Cheap InvestorDecember 15, 2022December 15, 20220

WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell significantly last week, a sign that the labor…

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Retail sales drop at start of key holiday shopping season

The Cheap InvestorDecember 15, 2022December 15, 20220

WASHINGTON (AP) — Americans cut back sharply on retail spending last month as the holiday shopping season began with high…

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Swiss National Bank hikes key interest rate in line with Fed

The Cheap InvestorDecember 15, 2022December 15, 20220

GENEVA (AP) — The Swiss National Bank raised its key interest rate Thursday, as other central banks in Europe are…

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Foxconn to ease COVID-19 curbs in Chinese iPhone factory

The Cheap InvestorDecember 15, 2022December 15, 20220

HONG KONG (AP) — The company that assembles Apple Inc.’s iPhones has announced it is easing COVID-19 restrictions at its…

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Bank of England hikes interest rates again but softens pace

The Cheap InvestorDecember 15, 2022December 15, 20220

LONDON (AP) — Britain’s central bank on Thursday raised its key interest rate again but toned down the pace as…

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