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Wall Street cheers cool CPI with stock rally; dollar, yields decline

The Cheap InvestorJuly 12, 2023July 12, 20230

By Lawrence Delevingne (Reuters) -Wall Street stocks advanced on Wednesday and the dollar and Treasury yields fell after new U.S….

  • Business
  • Economy

Crypto ransom attacks rise in first half of 2023 – Chainalysis

The Cheap InvestorJuly 12, 2023July 12, 20230

By Elizabeth Howcroft LONDON (Reuters) – Crypto crime fell overall in the first six months of 2023, but the volume…

  • Africa
  • Asia

Russian hackers lured embassy workers in Ukraine with ad for a cheap BMW

The Cheap InvestorJuly 12, 2023July 12, 20230

By James Pearson LONDON (Reuters) -Hackers suspected of working for Russia’s foreign intelligence agency targeted dozens of diplomats at embassies…

  • Business
  • Economy

Steve Bannon, Michael Flynn must answer questions in Smartmatic US defamation case

The Cheap InvestorJuly 12, 2023July 12, 20230

By Jack Queen (Reuters) – Steve Bannon and Michael Flynn, two allies of former U.S. President Donald Trump, must answer…

  • Asia
  • Australia

US dollar stumbles, drops to more than one-year low as inflation eases in June

The Cheap InvestorJuly 12, 2023July 12, 20230

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar crashed to its lowest in more than a year on Wednesday…

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  • Economy

Banks can manage outflow risk in Fed’s new payment service system, Mester says

The Cheap InvestorJuly 12, 2023July 12, 20230

By Michael S. Derby NEW YORK (Reuters) – Cleveland Federal Reserve President Loretta Mester said on Wednesday that the U.S….

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  • Economy

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
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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…

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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…

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