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Economy

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Democrats, Republicans dig in on debt-ceiling standoff after House action

The Cheap InvestorApril 27, 2023April 27, 20230

By David Morgan and Richard Cowan WASHINGTON (Reuters) – The U.S. Senate showed no sign of moving to avoid a…

  • Economy
  • Latin America

New Colombia finance minister seeks to calm market as bonds, peso suffer

The Cheap InvestorApril 27, 2023April 27, 20230

LONDON/BOGOTA (Reuters) -Colombia’s incoming finance minister Ricardo Bonilla and President Gustavo Petro sought to calm the market on Thursday as…

  • Business
  • Economy

FBI searches home of top FTX executive – NYT

The Cheap InvestorApril 27, 2023April 27, 20230

(Reuters) – The FBI carried out a search on Thursday morning at the Potomac, Md., home of former FTX executive…

  • Asia
  • Australia

Wall Street notches biggest gain in months, Treasury yields rise on solid earnings

The Cheap InvestorApril 27, 2023April 27, 20230

By Stephen Culp NEW YORK (Reuters) – U.S. stocks closed sharply higher on Thursday and Treasury yields resumed their climb…

  • Business
  • Economy

ProSieben to slash dividend, replaces chief financial officer

The Cheap InvestorApril 27, 2023April 27, 20230

BERLIN (Reuters) – German media group ProSiebenSat.1 said on Thursday it was replacing its chief financial officer and proposing slashing…

  • Economy
  • Environment

U.S. Sen. Manchin joins effort to repeal Biden solar tariff waiver

The Cheap InvestorApril 27, 2023April 27, 20230

(Reuters) – U.S. Senator Joe Manchin on Wednesday threw his support behind a legislative effort to repeal President Joe Biden’s…

  • Economy
  • Environment

Flooding on Upper Mississippi River to halt barge traffic for weeks -USDA

The Cheap InvestorApril 27, 20230

By P.J. Huffstutter CHICAGO (Reuters) – All barge traffic will be halted across a wide swath of the Upper Mississippi…

  • Asia
  • Business

LVMH zeros in on China for global Tiffany & Co overhaul

The Cheap InvestorApril 27, 2023April 27, 20230

By Mimosa Spencer NEW YORK (Reuters) – As Tiffany & Co. celebrates its freshly refurbished New York City flagship, “The…

  • Business
  • Economy

Argentina seeks to tame inflation, peso with biggest rate hike since 2019

The Cheap InvestorApril 27, 2023April 27, 20230

By Jorge Otaola BUENOS AIRES (Reuters) -Argentina’s central bank hiked its benchmark interest rate a huge 10 percentage points to…

  • Business
  • Economy

US Senate panel advances Biden’s labor secretary choice, opposed by gig worker apps

The Cheap InvestorApril 27, 2023April 27, 20230

(This April 26 story has been corrected to show that the trade group Flex has not taken an official position…

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