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US manufacturing output falls in March; rebounds in first quarter

The Cheap InvestorApril 14, 2023April 14, 20230

(Corrects month in second paragraph to February from January) WASHINGTON (Reuters) – Production at U.S. factories fell more than expected…

  • Business
  • Economy

Fed’s Goolsbee says mild U.S. recession feasible

The Cheap InvestorApril 14, 2023April 14, 20230

(Reuters) – A U.S. recession is certainly feasible as the Federal Reserve’s steep rate-hikes over the past year filters fully…

  • Business
  • US

Boeing 737 MAX manufacturing issue expected to “impact” Southwest Airlines

The Cheap InvestorApril 14, 2023April 14, 20230

(Reuters) – Southwest Airlines expects an ongoing Boeing 737 MAX manufacturing problem to delay some plane deliveries this year, Southwest…

  • Business
  • Economy

Fed seen on track for rate hike with latest retail sales data

The Cheap InvestorApril 14, 2023April 14, 20230

(Reuters) – Traders of futures tied to the Federal Reserve’s policy rate on Friday kept bets the U.S. central bank…

  • Business
  • Economy

US import prices fall more than expected in March

The Cheap InvestorApril 14, 2023April 14, 20230

WASHINGTON (Reuters) – U.S. import prices fell more than expected in March, leading to the biggest year-on-year decline since mid-2020,…

  • Business
  • Central America

Exclusive-Mexican firm seeks $380 million from Honduran state over blocked unit

The Cheap InvestorApril 14, 20230

By Valentine Hilaire MEXICO CITY (Reuters) – Mexican investment firm JLL Capital, whose Honduran operation has been blocked since 2018…

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  • Economy

Exclusive-Calls grow for quick end to ECB bond-scheme reinvestment – sources

The Cheap InvestorApril 14, 2023April 14, 20230

By Balazs Koranyi WASHINGTON (Reuters) – A growing number of European Central Bank policymakers are calling for the bank to…

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  • Economy

Fed’s Waller: Not much progress on inflation, higher rates needed

The Cheap InvestorApril 14, 2023April 14, 20230

By Howard Schneider (Reuters) – Despite a year of aggressive rate increases U.S. central bankers “haven’t made much progress” in…

  • Africa
  • Asia

OPEC+ cuts partly due to reshaping of global oil flows, IEA says

The Cheap InvestorApril 14, 2023April 14, 20230

By Ahmad Ghaddar LONDON (Reuters) – European Union and G7 restrictions on Russian oil exports led to a global shift…

  • Business
  • Canada

Loblaw to spend $1.5 billion to expand business in Canada, create 6,000 jobs

The Cheap InvestorApril 14, 2023April 14, 20230

(Reuters) – Loblaw Companies Ltd on Friday said it would spend C$2 billion ($1.50 billion) to expand its business in…

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