AsiaBusiness EU’s Dombrovskis sees some progress on steel, battery minerals talks with U.S The Cheap InvestorApril 14, 2023April 14, 20230 By David Lawder WASHINGTON (Reuters) -European Commission Executive Vice President Valdis Dombrovskis said on Friday that the bloc wants to…
BusinessEconomy Euro zone inflation could get stuck above target: ECB’s Nagel The Cheap InvestorApril 14, 2023April 14, 20230 WASHINGTON (Reuters) – The European Central Bank needs to keep raising interest rates even if most of its past hikes…
BusinessEconomy JPMorgan surpasses Wall St forecasts, winning business as crisis roils industry The Cheap InvestorApril 14, 2023April 14, 20230 By Niket Nishant and Nupur Anand (Reuters) -JPMorgan Chase & Co beat Wall Street’s estimates for quarterly profit and raised…
BusinessEconomy BlackRock eyes banking rout as chance for growth as inflows rise The Cheap InvestorApril 14, 2023April 14, 20230 By Jaiveer Shekhawat and Davide Barbuscia (Reuters) – BlackRock Inc expects dislocations created by a recent banking rout to present…
BusinessEconomy The case for a ‘one and done’ Fed rate hike grows as economy slows The Cheap InvestorApril 14, 2023April 14, 20230 By Howard Schneider and Ann Saphir WASHINGTON (Reuters) – Economic data has begun to fill in the portrait of a…
BusinessEconomy Citigroup beats estimates on higher income from loans; shares rise The Cheap InvestorApril 14, 2023April 14, 20230 By Tatiana Bautzer and Mehnaz Yasmin (Reuters) – Citigroup Inc’s first-quarter profit beat Wall Street expectations as it earned more…
BusinessEconomy U.S. banks highlight office real estate as next big worry The Cheap InvestorApril 14, 2023April 14, 20230 By Matt Tracy and Saeed Azhar (Reuters) – Some of the largest U.S. banks singled out office commercial real estate…
BusinessEconomy Weak retail sales, manufacturing output data point to slowing US economy The Cheap InvestorApril 14, 2023April 14, 20230 By Lucia Mutikani WASHINGTON (Reuters) – U.S. retail sales fell more than expected in March as consumers cut back on…
BusinessUS Walmart US merchandising chief Redfield to step down The Cheap InvestorApril 14, 2023April 14, 20230 (Reuters) – Walmart Inc U.S. chief merchandising officer Charles Redfield is stepping down after just over a year in the role,…
BusinessEconomy Fed’s Bowman says bank failures not indictment of broader regulatory regime The Cheap InvestorApril 14, 2023April 14, 20230 (Reuters) – Federal Reserve Governor Michelle Bowman said on Friday that the recent failures of Silicon Valley Bank and Signature…