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Economy

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Dow, S&P edge up as data, debt ceiling curb gains

The Cheap InvestorMay 15, 2023May 15, 20230

By Chuck Mikolajczak NEW YORK (Reuters) – The S&P 500 and the Dow ended with modest gains on Monday after…

  • Asia
  • Australia

Buffett sheds stake in TSMC, while Macquarie, Fidelity buy shares -filings

The Cheap InvestorMay 15, 2023May 15, 20230

By Carolina Mandl (Reuters) -Big investment firms including Macquarie, Fidelity, Tiger Global and Coatue were among the largest buyers of…

  • Business
  • Economy

ONEOK shares drop on concerns over Magellan pipeline deal

The Cheap InvestorMay 15, 2023May 15, 20230

By Laura Sanicola and Arathy Somasekhar -Shares of gas pipeline operator ONEOK Inc fell about 9% on Monday on questions…

  • Business
  • Economy

Biden, McCarthy debt ceiling meeting planned for Tuesday afternoon

The Cheap InvestorMay 15, 2023May 15, 20230

WASHINGTON (Reuters) – A debt limit meeting between U.S. President Joe Biden and top lawmakers including Republican House of Representatives…

  • Business
  • Economy

Britons face biggest tax rise since 1979, think tank says

The Cheap InvestorMay 15, 2023May 15, 20230

By Suban Abdulla LONDON (Reuters) – Britons face the biggest tax-raising drive since the start of former prime minister Margaret…

  • Business
  • Economy

Foreign buying of US Treasuries in March hits largest since June 2021 -data

The Cheap InvestorMay 15, 2023May 15, 20230

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Foreign buying of U.S. Treasuries in March rose to its highest level in…

  • Business
  • Economy

EV startup Arrival’s cash and equivalents slump at end of first quarter

The Cheap InvestorMay 15, 2023May 15, 20230

(Reuters) -British electric vehicle start-up Arrival SA said on Monday it had $130 million in cash and cash equivalents at…

  • Business
  • Economy

Pershing Square unveils new stake in Alphabet

The Cheap InvestorMay 15, 2023May 15, 20230

(Reuters) -Billionaire investor William Ackman has built in the first quarter a new stake in Alphabet worth $1.1 billion, according…

  • Asia
  • Business

Berkshire invests in Capital One, sheds four stocks

The Cheap InvestorMay 15, 2023May 15, 20230

By Jonathan Stempel (Reuters) -Berkshire Hathaway Inc on Monday disclosed it has begun investing in Capital One Financial Corp while…

  • Economy

Turkey’s stocks and dollar bonds tumble as Erdogan in pole position for runoff

The Cheap InvestorMay 15, 2023May 15, 20230

By Libby George and Karin Strohecker LONDON (Reuters) – Turkey’s sovereign dollar bonds and equities tumbled, and the cost of…

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