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Dollar edges up as markets await debt-ceiling talks, inflation data

The Cheap InvestorMay 9, 2023May 9, 20230

By Laura Matthews NEW YORK (Reuters) – The dollar edged up against most major peers on Tuesday as traders, seeing…

  • Business
  • Science

Metaverse could contribute up to 2.4% of US GDP by 2035 – study

The Cheap InvestorMay 9, 2023May 9, 20230

(Reuters) – The metaverse could contribute as much as $760 billion or about 2.4% to U.S. annual gross domestic product…

  • Business

Canadian businessman offers to invest in Teck’s coal unit to thwart Glencore’s bid

The Cheap InvestorMay 9, 2023May 9, 20230

By Divya Rajagopal TORONTO (Reuters) -Pierre Lassonde, a Canadian mining industry veteran, has made an offer to invest in Teck…

  • Business
  • Economy

Premature for Fed to call end to rate hikes with inflation still high, Williams says

The Cheap InvestorMay 9, 2023May 9, 20230

By Michael S. Derby NEW YORK (Reuters) – New York Federal Reserve President John Williams said on Tuesday it is…

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  • Economy

EU draft rules propose tougher cybersecurity labelling rules for Amazon, Google, Microsoft

The Cheap InvestorMay 9, 2023May 9, 20230

By Foo Yun Chee BRUSSELS (Reuters) – Amazon, Alphabet’s Google, Microsoft and other non-European Union cloud service providers looking to…

  • Business
  • Central America

Walmart takes fintech plunge into Mexico’s risky marketplace

The Cheap InvestorMay 9, 2023May 9, 20230

By Diego Oré MEXICO CITY (Reuters) – U.S. retail giant Walmart wants to get on top of Mexico’s fintech market…

  • Business
  • Technology

Coinbase ex-manager sentenced to 2 years in prison in US insider trading case

The Cheap InvestorMay 9, 2023May 9, 20230

By Jody Godoy NEW YORK (Reuters) -Ishan Wahi, a former Coinbase Global Inc product manager, was sentenced on Tuesday to…

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  • Economy

Events leading up to Donald Trump sexual abuse verdict

The Cheap InvestorMay 9, 2023May 9, 20230

By Jonathan Stempel (Reuters) – Here is a timeline of writer E. Jean Carroll’s lawsuit against Donald Trump that culminated…

  • Business
  • Economy

ECB’s Schnabel sees more rate hikes until core inflation declines too

The Cheap InvestorMay 9, 2023May 9, 20230

FRANKFURT (Reuters) – The European Central Bank will keep raising borrowing costs until it sees core inflation decline sustainably, ECB…

  • Business
  • Technology

FTX’s law firm is back in the cross-hairs as Bankman-Fried kicks off defense

The Cheap InvestorMay 9, 2023May 9, 20230

By Andrew Goudsward (Reuters) – Indicted FTX founder Sam Bankman-Fried has renewed his attacks on the bankrupt cryptocurrency exchange’s law…

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