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The Cheap Investor

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The Cheap Investor

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US economic activity rose slightly in recent weeks, Fed survey shows

The Cheap InvestorJuly 12, 2023July 12, 20230

(Reuters) – U.S. economic activity increased slightly in recent weeks, with slow growth seen continuing in coming months, according to…

  • Asia
  • Business

US State Dept says it has no reason to doubt Microsoft’s attribution of hack to China hackers

The Cheap InvestorJuly 12, 2023July 12, 20230

WASHINGTON (Reuters) – The State Department on Wednesday said it has no reason to doubt Microsoft’s accusation that Chinese state-linked…

  • Business
  • Technology

Crypto firm Circle to cut workforce, focus on core activities

The Cheap InvestorJuly 12, 2023July 12, 20230

(Reuters) – Circle said on Wednesday it has reduced staff and ended investments in non-core activities as the stablecoin issuer…

  • Asia
  • Business

Oil prices settle up as mild US inflation data calms fear of Fed rate hike

The Cheap InvestorJuly 12, 2023July 12, 20230

By Laura Sanicola (Reuters) -Oil prices settled higher on Wednesday, with benchmark Brent futures breaching $80 a barrel for the…

  • Business
  • Economy

Traders Betting on a Bearish Outlook for Abbvie

The Cheap InvestorJuly 12, 2023January 24, 20250

    AbbVie (NYSE: ABBV) has caught the attention of a deep-pocketed individual or institution with a bearish outlook, and…

  • Business
  • US

US charges second Frank college aid executive with defrauding JPMorgan

The Cheap InvestorJuly 12, 2023July 12, 20230

By Luc Cohen NEW YORK (Reuters) -U.S. prosecutors on Wednesday unveiled an indictment charging a second former executive of college…

  • Business
  • Economy

US economy shifts into disinflation mode; consumer prices rise modestly

The Cheap InvestorJuly 12, 2023July 12, 20230

By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer prices rose modestly in June and registered their smallest annual increase in…

  • Business
  • Economy

Why is Zscaler Tanking Today?

The Cheap InvestorJuly 12, 2023January 24, 20250

    Zscaler, Inc. (NASDAQ: ZS) faced a sharp decline in its shares on Wednesday due to concerns arising from…

  • Business
  • Economy

Fed’s Jefferson, fellow Fed nominees advance toward confirmation

The Cheap InvestorJuly 12, 2023July 12, 20230

By Moira Warburton and Ann Saphir WASHINGTON (Reuters) -U.S. President Joe Biden’s three Federal Reserve Board nominees, including his pick…

  • Business
  • Economy

Countries agree to extend digital services tax freeze through 2024

The Cheap InvestorJuly 12, 2023July 12, 20230

PARIS (Reuters) -With the exception of Canada, countries with digital services taxes have agreed to hold off applying them for…

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