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PacWest, Western Alliance shares tumble as regional bank fears persist 

The Cheap InvestorMay 2, 2023May 2, 20230

By Niket Nishant and Chibuike Oguh (Reuters) – Shares of regional banks PacWest Bancorp and Western Alliance Bank plunged on…

  • Business
  • Economy

US Senate Republicans, Democrats squabble over debt ceiling as deadline nears

The Cheap InvestorMay 2, 2023May 2, 20230

By David Morgan, Richard Cowan and Katharine Jackson WASHINGTON (Reuters) – Top U.S. Senate Republicans on Tuesday called on President…

  • Business
  • Europe

New U.S. military aid to Ukraine to include air-launched rockets -sources

The Cheap InvestorMay 2, 2023May 2, 20230

By Mike Stone and Patricia Zengerle WASHINGTON (Reuters) – The United States plans to announce as soon as Wednesday a…

  • Business
  • Economy

Quotes: US regional banks fall as FRC failure shakes faith in banking sector recovery

The Cheap InvestorMay 2, 2023May 2, 20230

(Reuters) – Shares of major U.S. regional banks fell further on Tuesday in the aftermath of the collapse of First…

  • Asia
  • Business

Group of EU states seeks to reduce dependency on China for pharmaceuticals

The Cheap InvestorMay 2, 2023May 2, 20230

By Julia Payne BRUSSELS (Reuters) – A group of 19 European Union member states are pushing for measures to reduce…

  • Africa
  • Asia

Oil slumps 5% to five-week low amid US debt default fears

The Cheap InvestorMay 2, 2023May 2, 20230

By Scott DiSavino NEW YORK (Reuters) -Oil prices sank about 5% to a five-week low on Tuesday on concerns about…

  • Asia
  • Australia

Dollar dips as job openings fall, Fed meeting in focus

The Cheap InvestorMay 2, 2023May 2, 20230

By Karen Brettell NEW YORK (Reuters) – The dollar fell Tuesday after data showed that U.S. job openings fell in…

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White House says Toyota ‘fully committed’ to electrifying auto fleet

The Cheap InvestorMay 2, 2023May 2, 20230

By David Shepardson WASHINGTON (Reuters) -White House senior adviser John Podesta said Toyota Motor Corp “had been the laggard” on…

  • Business
  • Economy

Revlon emerges from bankruptcy after lender takeover

The Cheap InvestorMay 2, 2023May 2, 20230

By Dietrich Knauth (Reuters) -Revlon Inc said on Tuesday that it has emerged from bankruptcy after cutting more than $2.7…

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  • Economy

Biden will talk budget but won’t negotiate debt ceiling in Congress meeting

The Cheap InvestorMay 2, 2023May 2, 20230

By Andrea Shalal and Nandita Bose WASHINGTON (Reuters) -President Joe Biden will not negotiate over the debt ceiling during his…

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