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Economy

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JPMorgan president says loan demand declining, US economic slowdown weighs

The Cheap InvestorJune 2, 2023June 2, 20230

By Nupur Anand and Lananh Nguyen NEW YORK (Reuters) – JPMorgan Chase & Co’s President and Chief Operating Officer Daniel…

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US debt ceiling deal strands $16 billion of defense side-projects

The Cheap InvestorJune 2, 2023June 2, 20230

By Mike Stone and Patricia Zengerle WASHINGTON (Reuters) – A $16 billion list of lower-priority defense items like tanks, helicopter…

  • Asia
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Indian PM Modi invited to address joint meeting of US Congress on June 22

The Cheap InvestorJune 2, 2023June 2, 20230

By Patricia Zengerle WASHINGTON (Reuters) -U.S. congressional leaders on Friday invited Indian Prime Minister Narendra Modi to address a joint…

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UBS CEO warns of painful jobs decisions after Credit Suisse takeover

The Cheap InvestorJune 2, 2023June 2, 20230

By John Revill BERN (Reuters) -UBS Chief Executive Sergio Ermotti on Friday warned of painful decisions about job cuts following…

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Renault customers to lodge criminal complaint in France over faulty engines

The Cheap InvestorJune 2, 2023June 2, 20230

PARIS (Reuters) – Renault could face prosecution in France over faulty engines as a group of customers plans to lodge…

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Crypto insurer Evertas authorized to offer largest single crypto insurance policy

The Cheap InvestorJune 2, 2023June 2, 20230

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – London-based Arch Insurance International has authorized cryptocurrency insurer Evertas to increase the coverage…

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Biden lauds U.S. job growth, says debt ceiling bill to also boost economy

The Cheap InvestorJune 2, 2023June 2, 20230

WASHINGTON (Reuters) – U.S. President Joe Biden said the bipartisan debt ceiling bill is expected to further boost the nation’s…

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Netflix shareholders withhold support for executive pay package

The Cheap InvestorJune 2, 2023June 2, 20230

By Dawn Chmielewski (Reuters) – Netflix Inc shareholders on Thursday withheld their support for the company’s executive pay package, in…

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American Airlines aviators reject merger with world’s largest pilots’ union

The Cheap InvestorJune 2, 2023June 2, 20230

(Reuters) – American Airlines Group’s pilot leaders have rejected efforts to join the Air Line Pilots Association (ALPA), union spokesman…

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Fed rate-hike pause still likely despite strong data

The Cheap InvestorJune 2, 2023June 2, 20230

By Howard Schneider WASHINGTON (Reuters) – Federal Reserve officials, whose hike, skip or pause messaging on interest rates has become…

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