BusinessEnvironment Facing brutal climate math, US bets billions on direct air capture The Cheap InvestorApril 18, 2023April 18, 20230 By Susanna Twidale, Valerie Volcovici, Simon Jessop and Peter Henderson (Reuters) -The world is failing to cut carbon emissions fast…
BusinessEconomy Three Fed bank boards wanted bigger rate hike in March The Cheap InvestorApril 18, 2023April 18, 20230 By Ann Saphir (Reuters) – The boards of directors at the Cleveland, St. Louis and Minneapolis Federal Reserve banks had…
Business Betterment agrees to pay $9 million to settle U.S. SEC charges The Cheap InvestorApril 18, 2023April 18, 20230 By Chris Prentice and Hannah Lang NEW YORK (Reuters) -Robo-adviser Betterment LLC has agreed to pay $9 million to settle…
BusinessEconomy US debt ceiling deadline could be sooner than anticipated, banks warn The Cheap InvestorApril 18, 2023April 18, 20230 By Davide Barbuscia NEW YORK (Reuters) -The U.S. government’s deadline to raise the $31.4 trillion debt ceiling could be sooner…
BusinessEconomy BofA profit beats estimates as it cashes in on higher rates, bond trading The Cheap InvestorApril 18, 2023April 18, 20230 By Manya Saini and Saeed Azhar (Reuters) – Bank of America Corp’s first-quarter profit beat analysts’ estimates as it collected…
AsiaBusiness Crypto firms will develop ‘offshore’ without clear US rules, Coinbase chief says The Cheap InvestorApril 18, 2023April 18, 20230 By Tom Wilson and Elizabeth Howcroft LONDON (Reuters) -The U.S. and Britain should make their rules for the crypto industry…
BusinessCanada Intel ends its bitcoin mining chip series The Cheap InvestorApril 18, 2023April 18, 20230 (Reuters) – Chipmaker Intel Corp said on Tuesday it has discontinued production of its bitcoin mining chip series, just a…
AsiaAustralia Dollar slips after upbeat China data; euro, pound rise The Cheap InvestorApril 18, 2023April 18, 20230 By Herbert Lash and Samuel Indyk NEW YORK/LONDON (Reuters) – The dollar fell against most major currencies on Tuesday after…
AsiaBusiness Analysis-China’s Xpeng takes cues from Tesla for its new EV platform The Cheap InvestorApril 18, 2023April 18, 20230 By Paul Lienert (Reuters) – Chinese electric vehicle maker Xpeng Inc is the latest manufacturer hoping to save money and…
BusinessEconomy Cryptoverse: Bitcoin miners escape the bear trap The Cheap InvestorApril 18, 2023April 18, 20230 By Medha Singh and Lisa Pauline Mattackal (Reuters) – Beleaguered bitcoin miners are finally feeling the spring sunshine after a…