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US bank deposits, loans ticked down in latest week -Fed data

The Cheap InvestorApril 21, 2023April 21, 20230

(Reuters) – Deposits at all U.S. commercial banks dropped in the second week of April, though at smaller banks deposits…

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Exclusive-Lilly expects US Medicare to reverse course, fully cover Alzheimer’s drugs

The Cheap InvestorApril 21, 2023April 21, 20230

By Deena Beasley and Julie Steenhuysen (Reuters) – Eli Lilly and Co expects the U.S. Medicare health plan to back…

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Tesla hikes US prices days after sixth price cut this year

The Cheap InvestorApril 21, 2023April 21, 20230

(Reuters) -Tesla Inc raised the U.S. prices for its Model S and X premium electric vehicles on Thursday, according to…

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Chile plans to nationalize its vast lithium industry

The Cheap InvestorApril 21, 2023April 21, 20230

By Alexander Villegas and Ernest Scheyder SANTIAGO (Reuters) – Chile’s President Gabriel Boric said on Thursday he would nationalize the…

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Credit Suisse saw record fund outflows during March turmoil, data shows

The Cheap InvestorApril 21, 2023April 21, 20230

By Marc Jones LONDON (Reuters) – Credit Suisse saw investors pull a record 4.6 billion euros ($5.04 billion) out of…

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Fed’s Cook sees a less certain outlook for future of monetary policy

The Cheap InvestorApril 21, 2023April 21, 20230

By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Governor Lisa Cook said Friday that the outlook for the…

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Twitter drops ‘government-funded’ label on media accounts, incl in China

The Cheap InvestorApril 21, 2023April 21, 20230

(Reuters) – Twitter dropped the “Government-funded” and “China state-affiliated” labels, which implies government involvement in editorial content, from the accounts…

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Nasdaq appoints Cohen and Griggs each as presidents, formalizing new structure

The Cheap InvestorApril 21, 2023April 21, 20230

(Reuters) – Nasdaq Inc on Friday said its board appointed Tal Cohen and Nelson Griggs each as presidents, formalizing the…

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Stocks edge down, US yields climb after PMI data

The Cheap InvestorApril 21, 2023April 21, 20230

By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stocks declined for a third straight day on Friday…

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Bank of England must ‘stay the course’, deputy governor Ramsden says

The Cheap InvestorApril 21, 2023April 21, 20230

By David Milliken LONDON (Reuters) -The Bank of England needs to focus on tightening monetary policy sufficiently to control inflation,…

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