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Fed leaves rates unchanged, sees two small hikes by end of 2023

The Cheap InvestorJune 14, 2023June 14, 20230

By Howard Schneider and Michael S. Derby WASHINGTON (Reuters) -The Federal Reserve left interest rates unchanged on Wednesday but signaled…

  • Business
  • Economy

US stocks end mixed after Fed signals more rate hikes to come

The Cheap InvestorJune 14, 2023June 14, 20230

By Noel Randewich and Sruthi Shankar (Reuters) – U.S. stocks ended mixed on Wednesday after the Federal Reserve kept U.S….

  • Business
  • Economy

Microsoft, Activision ask judge for speedy schedule in FTC challenge

The Cheap InvestorJune 14, 2023June 14, 20230

By David Shepardson WASHINGTON (Reuters) -Time is running out on a deadline for Microsoft to complete its $69 billion acquisition…

  • Business
  • Economy

EU told to slash greenhouse gas emissions 90-95% by 2040

The Cheap InvestorJune 14, 2023June 14, 20230

By Kate Abnett BRUSSELS (Reuters) – The European Union should commit to slash its net greenhouse gas emissions by as…

  • Business

Canada freezes ties with China-led AIIB, probes allegations of Communist domination

The Cheap InvestorJune 14, 2023June 14, 20230

By David Ljunggren OTTAWA (Reuters) -Canada is freezing ties with the China-led Asian Infrastructure Investment Bank (AIIB) while it probes…

  • Business
  • Economy

Citi CFO says 1,600 job cuts will boost second-quarter expenses

The Cheap InvestorJune 14, 2023June 14, 20230

By Tatiana Bautzer NEW YORK (Reuters) -Citigroup Inc in the second quarter will book severance costs associated with around 1,600…

  • Asia
  • Business

Marketmind: Can risk appetite resist Fed’s hawkish skip?

The Cheap InvestorJune 14, 2023June 14, 20230

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist….

  • Business

Canada’s Bell deepens news industry gloom with 1,300 job cuts

The Cheap InvestorJune 14, 2023June 14, 20230

By Samrhitha A and Aditya Soni (Reuters) -Canadian media and telecom firm Bell is cutting 1,300 jobs, shuttering six radio…

  • Business
  • Health

Health insurers slammed after UnitedHealth says more surgeries driving up costs

The Cheap InvestorJune 14, 2023June 14, 20230

By Bhanvi Satija and Leroy Leo (Reuters) -Health insurer stocks dropped sharply on Wednesday after UnitedHealth Group said its costs…

  • Business
  • US

Homebuilder Lennar raises full-year forecast for home deliveries

The Cheap InvestorJune 14, 2023June 14, 20230

(Reuters) – Lennar Corp on Wednesday raised its full-year forecast for home deliveries, as the homebuilder benefits from upbeat demand…

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