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Economy

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Global shares rise, dollar rebounds as Fed seen on target for rate hike

The Cheap InvestorJuly 18, 2023July 18, 20230

By Herbert Lash NEW YORK (Reuters) – The dollar rebounded off a 15-month low and global stock markets rose on…

  • Asia
  • Australia

Dollar bounces from 15-month low on strong core U.S. retail sales

The Cheap InvestorJuly 18, 2023July 18, 20230

By Karen Brettell NEW YORK (Reuters) – The U.S. dollar rose from a 15-month low against a basket of currencies…

  • Asia
  • Business

Oil prices up on expected economic support in China, weaker US output

The Cheap InvestorJuly 18, 2023July 18, 20230

By Scott DiSavino NEW YORK (Reuters) -Oil prices climbed more than 1% on Tuesday after China said it will act…

  • Business
  • Economy

US retail sales rise moderately; economy plodding along

The Cheap InvestorJuly 18, 2023July 18, 20230

By Lucia Mutikani WASHINGTON (Reuters) – U.S. retail sales rose less than expected in June as receipts at service stations…

  • Central America
  • Economy

New dawn for EU, Latam clouded by wrangling over war in Ukraine

The Cheap InvestorJuly 18, 2023July 18, 20230

By Andrew Gray and Marine Strauss BRUSSELS (Reuters) – European, Latin American and Caribbean leaders proclaimed a new era of…

  • Business
  • Economy

Gucci CEO Bizzarri to exit; Kering names group veteran to run transition

The Cheap InvestorJuly 18, 2023July 18, 20230

By Mimosa Spencer (Reuters) -Kering has named managing director Jean-Francois Palus as Gucci’s new CEO and president for a transitional…

  • Business
  • Economy

Tesla faces citizen grilling on impact of German plant expansion

The Cheap InvestorJuly 18, 2023July 18, 20230

By Victoria Waldersee, Nette Noestlinger and Leon Malherbe GRUENHEIDE, Germany (Reuters) -Tesla on Tuesday sought to assuage Brandenburg state residents’…

  • Economy
  • Entertainment and Lifestyle

Cuba still struggling to earn foreign currency

The Cheap InvestorJuly 18, 2023July 18, 20230

By Marc Frank HAVANA (Reuters) – Cash-starved Cuba fell short of its export and import plans through June of this…

  • Business
  • Economy

Energy drink maker Alani Nu explores options including sale

The Cheap InvestorJuly 18, 2023July 18, 20230

By Abigail Summerville and Anirban Sen NEW YORK (Reuters) – Alani Nu, the energy drinks and snack maker founded by…

  • Business
  • Economy

Credit Suisse ups S&P 500 year-end forecast to 4,700

The Cheap InvestorJuly 18, 2023July 18, 20230

NEW YORK (Reuters) – Credit Suisse increased its year-end target on the S&P 500 to 4,700 from 4,050, citing a…

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