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AP

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Stocks rally, but still mark their 6th straight losing week

The Cheap InvestorMay 13, 2022May 15, 20220

NEW YORK (AP) — Wall Street closed out another volatile week of trading with a broad rally Friday, though it…

  • AP
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CEO of FTX crypto exchange buys big stake in Robinhood

The Cheap InvestorMay 12, 2022May 13, 20220

NEW YORK (AP) — The CEO of cryptocurrency exchange FTX has bought a 7.6% stake in Robinhood Markets, according to…

  • AP
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Powell: ‘Soft’ economic landing may be out of Fed’s control

The Cheap InvestorMay 12, 2022May 15, 20220

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell, fresh off winning Senate confirmation for a second term earlier in the…

  • AP
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California lawmakers raise awards for malpractice lawsuits

The Cheap InvestorMay 12, 2022May 12, 20220

SACRAMENTO, Calif. (AP) — The California Legislature on Thursday agreed to increase how much money people can win in medical…

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Senate confirms Powell for 2nd term as Fed fights inflation

The Cheap InvestorMay 12, 2022May 13, 20220

WASHINGTON (AP) — The Senate on Thursday confirmed Jerome Powell for a second four-year term as Federal Reserve chair, giving…

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Average long-term US mortgage rates edge up to 5.3%

The Cheap InvestorMay 12, 2022May 13, 20220

WASHINGTON (AP) — Average long-term U.S. mortgage rates edged up again this week, with interest on the key 30-year loan…

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Slightly more Americans seek jobless aid last week

The Cheap InvestorMay 12, 2022May 13, 20220

WASHINGTON (AP) — The number of Americans applying for jobless aid ticked up slightly last week but the total number…

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UK warns ‘no choice but to act’ to change Brexit deal

The Cheap InvestorMay 12, 2022May 12, 20220

LONDON (AP) — Britain’s foreign secretary warned the European Union on Thursday that the U.K. will have “no choice but…

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US producer prices surge 11% in April as food prices jump

The Cheap InvestorMay 12, 2022May 13, 20220

WASHINGTON (AP) — U.S. producer prices soared 11% in April from a year earlier, a hefty gain that indicates high…

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G7 foreign ministers meet to discuss Ukraine war, impacts

The Cheap InvestorMay 12, 2022May 12, 20220

BERLIN (AP) — Top diplomats from the Group of Seven wealthy nations are gathering in northern Germany to discuss the…

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