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U.S. Republican-led states move to block Biden ESG investing rule

The Cheap InvestorMay 17, 2023May 17, 20230

By Daniel Wiessner (Reuters) – A group of Republican-led U.S. states has asked a federal judge in Texas to strike…

  • Asia
  • Business

Oil settles up $2 on optimism about US debt ceiling, demand

The Cheap InvestorMay 17, 2023May 17, 20230

By Laura Sanicola (Reuters) -Oil prices settled up about $2 on Wednesday as optimism over oil demand and U.S. debt…

  • Business
  • Economy

Volkswagen plans core brand revamp to boost returns -internal memo

The Cheap InvestorMay 17, 2023May 17, 20230

BERLIN (Reuters) -German carmaker Volkswagen plans to overhaul its core brand to increase efficiency and returns, according to an internal…

  • Business

Air Canada nears 787 Dreamliners deal with Boeing -Bloomberg News

The Cheap InvestorMay 17, 2023May 17, 20230

(Reuters) -Air Canada is closing in on the purchase of up to 20 787 Dreamliners from Boeing Co to renew…

  • Business
  • US

FedEx pilots vote in favor of strike in push for pay rise

The Cheap InvestorMay 17, 2023May 17, 20230

By Nathan Gomes (Reuters) -Pilots of FedEx Corp’s air delivery unit on Wednesday voted “overwhelmingly” in favor of a strike…

  • Business
  • Economy

Bankman-Fried faces long odds of tossing charges despite Supreme Court decision

The Cheap InvestorMay 17, 2023May 17, 20230

By Luc Cohen NEW YORK (Reuters) – FTX founder Sam Bankman-Fried is hoping a recent Supreme Court decision limiting the…

  • Business
  • Economy

Fraud in Massachusetts is boosting US weekly jobless claims, economists say

The Cheap InvestorMay 17, 2023May 17, 20230

WASHINGTON (Reuters) – Fraudulent filings for state unemployment insurance aid in Massachusetts could be distorting U.S. weekly unemployment claims data,…

  • Business
  • Economy

US SEC proposes plan to bolster clearing houses’ resiliency

The Cheap InvestorMay 17, 2023May 17, 20230

By John McCrank NEW YORK (Reuters) – The U.S. Securities and Exchange Commission on Wednesday voted to propose a plan…

  • Business
  • Science

AI threatens humanity’s future, 61% of Americans say – Reuters/Ipsos

The Cheap InvestorMay 17, 2023May 17, 20230

By Anna Tong (Reuters) – The swift growth of artificial intelligence technology could put the future of humanity at risk,…

  • Business
  • Economy

Fed to keep rates untouched this year; risk of U.S. default high: Reuters poll

The Cheap InvestorMay 17, 2023May 17, 20230

By Indradip Ghosh BENGALURU (Reuters) – The U.S. Federal Reserve will hold its key interest rate steady this year despite…

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