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Oil slips as debt talks pause, Fed warns of high inflation

The Cheap InvestorMay 19, 2023May 19, 20230

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices fell on Friday, as investors worried that U.S. politicians will fail to agree…

  • Business
  • Economy

US regional bank stocks fall after Yellen says more bank mergers necessary

The Cheap InvestorMay 19, 2023May 19, 20230

By Chibuike Oguh NEW YORK (Reuters) -Shares of U.S. regional lenders fell on Friday after CNN reported that U.S. Treasury…

  • Business
  • Economy

US bank deposits and credit slip in latest week, Fed data shows

The Cheap InvestorMay 19, 2023May 19, 20230

(Reuters) – Deposits at all U.S. commercial banks slipped last week and overall credit provided by banks edged lower as…

  • Business
  • Economy

Instant view: Morgan Stanley CEO Gorman plans to step down

The Cheap InvestorMay 19, 2023May 19, 20230

NEW YORK (Reuters) – Morgan Stanley CEO James Gorman told shareholders Friday that the company will likely appoint its next…

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  • Economy

Morgan Stanley CEO Gorman to hand reins to successor within a year

The Cheap InvestorMay 19, 2023May 19, 20230

By Tatiana Bautzer, Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) – Morgan Stanley’s James Gorman plans to step down…

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Greenpeace to shut down in Russia after being declared ‘undesirable organisation’

The Cheap InvestorMay 19, 2023May 19, 20230

(Reuters) -The Russian branch of environmental group Greenpeace on Friday said it would shut down after authorities declared the group…

  • Economy
  • Environment

Exclusive-Staff at top U.S. farm research center file complaint alleging unsafe work conditions

The Cheap InvestorMay 19, 2023May 19, 20230

By Leah Douglas (Reuters) -Three employees of the largest agricultural research facility in the U.S. have filed federal whistleblower complaints…

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Fed’s Powell says risks more balanced, June policy decision unclear

The Cheap InvestorMay 19, 2023May 19, 20230

By Howard Schneider WASHINGTON (Reuters) – Federal Reserve Chair Jerome Powell said on Friday it is still unclear if U.S….

  • Asia
  • Australia

US dollar skids as Fed’s Powell hints at June pause, debt talks stall

The Cheap InvestorMay 19, 2023May 19, 20230

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar fell on Friday after Federal Reserve Chair Jerome Powell struck a…

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Investors look past US tech sector as uncertain environment clouds outlook

The Cheap InvestorMay 19, 2023May 19, 20230

By Lisa Pauline Mattackal and Divya Chowdhury MUMBAI (Reuters) – Investors are looking beyond the U.S. technology sector’s bounceback this…

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