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Dollar strengthens after ECB conference, yen stays soft

The Cheap InvestorJune 28, 2023June 28, 20230

By Chuck Mikolajczak NEW YORK (Reuters) – The dollar index rose on Wednesday following comments from a host of global…

  • Business
  • Economy

FTX accuses ex-lawyer of aiding Bankman-Fried’s fraud, silencing whistleblowers

The Cheap InvestorJune 28, 2023June 28, 20230

By Andrew Goudsward (Reuters) – Bankrupt cryptocurrency exchange FTX sued one of its former top lawyers, accusing him of aiding…

  • Business
  • US

Spartan Capital broker faces probe tied to deals advised by Morgan Stanley – WSJ

The Cheap InvestorJune 28, 2023June 28, 20230

(Reuters) – Federal prosecutors are investigating whether a broker at Spartan Capital Securities traded on confidential information about planned mergers and…

  • Asia
  • Business

US, China plan to increase commercial flights between the countries- US official

The Cheap InvestorJune 28, 2023June 28, 20230

By Kanishka Singh WASHINGTON (Reuters) – The United States and China agreed to consider expanding commercial flights between the two…

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  • Economy

US public debt burden to rise to 181% of GDP by 2053, CBO projects

The Cheap InvestorJune 28, 2023June 28, 20230

WASHINGTON (Reuters) – The U.S. public debt burden will reach 181% of economic output in 2053, the Congressional Budget Office…

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  • Economy

Swiss National Bank’s Maechler says inflation proving persistent

The Cheap InvestorJune 28, 2023June 28, 20230

ZURICH (Reuters) -Swiss inflation is proving broader-based and more persistent than initially thought, Swiss National Bank Governing Board member Andrea…

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  • Economy

AMC, ‘meme’ investors to face off in court over stock conversion

The Cheap InvestorJune 28, 2023June 28, 20230

By Jody Godoy (Reuters) – A months-long battle between retail investors and AMC Entertainment Holdings over a stock conversion plan…

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  • Economy

Explainer-How does the Fed stress test US banks?

The Cheap InvestorJune 28, 2023June 28, 20230

By Pete Schroeder WASHINGTON (Reuters) -The U.S. Federal Reserve is due to release the results of its annual bank health…

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  • Economy

ECB’s Villeroy: duration more important than level of interest rates

The Cheap InvestorJune 28, 2023June 28, 20230

PARIS (Reuters) – How long the European Central Bank keeps rates elevated is more important than the actual level, though…

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Bank of England’s Bailey: We will see if markets are right on rates

The Cheap InvestorJune 28, 2023June 28, 20230

By Francesco Canepa and Balazs Koranyi SINTRA, Portugal (Reuters) -Bank of England (BoE) Governor Andrew Bailey said it remained to…

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