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U.S. debt ceiling bill may be signed as soon as Saturday

The Cheap InvestorJune 2, 2023June 2, 20230

WASHINGTON (Reuters) – President Joe Biden may sign the bill lifting the U.S. debt ceiling as soon as Saturday, according…

  • Asia
  • Business

US Treasury official meets with China’s new ambassador in Washington

The Cheap InvestorJune 2, 2023June 2, 20230

By David Lawder WASHINGTON (Reuters) – U.S. Treasury Undersecretary Jay Shambaugh met on Friday with China’s new ambassador to the…

  • Business
  • Economy

Wall Street ends up on jobs data, debt default averted

The Cheap InvestorJune 2, 2023June 2, 20230

By Herbert Lash and Shreyashi Sanyal (Reuters) -U.S. stocks closed higher on Friday after a labor market report showing moderating…

  • Economy
  • Entertainment and Lifestyle

Argentines grill more steak despite pressures of 109% inflation

The Cheap InvestorJune 2, 2023June 2, 20230

By Anna-Catherine Brigida and Lucila Sigal BUENOS AIRES (Reuters) – Argentines are expected to eat the most beef in five…

  • Business
  • Economy

US drugmaker Indivior to pay $102.5 million to settle Suboxone monopoly claims

The Cheap InvestorJune 2, 2023June 2, 20230

By Jonathan Stempel and Mariam Sunny (Reuters) -Indivior Plc said on Friday it agreed to pay $102.5 million to settle…

  • Business
  • Economy

Fitch keeps its negative slant on UK credit rating

The Cheap InvestorJune 2, 2023June 2, 20230

LONDON (Reuters) – Ratings agency Fitch on Friday stuck with its negative outlook for Britain’s sovereign credit rating, citing a…

  • Business
  • Economy

CDS panel asked whether payment failure occurred for Casino

The Cheap InvestorJune 2, 2023June 2, 20230

(Reuters) – An investor has asked a panel that rules on credit default swaps (CDS) whether a “failure to pay”…

  • Business
  • Economy

S&P spares France from rating downgrade

The Cheap InvestorJune 2, 2023June 2, 20230

PARIS (Reuters) – Ratings agency S&P spared France on Friday the embarrassment of downgrading the country’s sovereign debt, but remained…

  • Business
  • Economy

3M reaches tentative $10 billion pollution settlement with US cities – Bloomberg News

The Cheap InvestorJune 2, 2023June 2, 20230

By Clark Mindock and Brendan Pierson (Reuters) – 3M Co has struck a tentative settlement of at least $10 billion…

  • Asia
  • Australia

Global shares, US yields rise after strong jobs data, debt-ceiling passage

The Cheap InvestorJune 2, 2023June 2, 20230

By Chibuike Oguh NEW YORK (Reuters) -Global shares and U.S. Treasury yields rose on Friday following stronger-than-expected job growth data…

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