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CEO of FTX crypto exchange buys big stake in Robinhood

The Cheap InvestorMay 12, 2022May 13, 20220

NEW YORK (AP) — The CEO of cryptocurrency exchange FTX has bought a 7.6% stake in Robinhood Markets, according to…

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Powell: ‘Soft’ economic landing may be out of Fed’s control

The Cheap InvestorMay 12, 2022May 15, 20220

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell, fresh off winning Senate confirmation for a second term earlier in the…

World Shares Sink As Inflation, Economic Fears Persist
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  • Reuters

World Shares Sink As Inflation, Economic Fears Persist

The Cheap InvestorMay 12, 20220

By Elizabeth Dilts Marshall NEW YORK (Reuters) – World equities fell on Thursday to an 18-month-low, with markets dogged by…

Crypto Exchange FTX CEO Reveals Stake In Trading App Robinhood
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  • Reuters

Crypto Exchange FTX CEO Reveals Stake In Trading App Robinhood

The Cheap InvestorMay 12, 20220

(Reuters) – Samuel Bankman-Fried, the chief executive and founder of cryptocurrency exchange FTX, revealed a 7.6% stake in Robinhood Markets…

Wall Street Whipsaws, S&P Closes Lower On Worries Of Prolonged Inflation
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  • Reuters

Wall Street Whipsaws, S&P Closes Lower On Worries Of Prolonged Inflation

The Cheap InvestorMay 12, 20220

By Stephen Culp NEW YORK (Reuters) – U.S. stocks ended a whipsaw session slightly lower on Thursday, as investors juggled…

Financial Giants Tiptoe Into TikTok
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  • Reuters

Financial Giants Tiptoe Into TikTok

The Cheap InvestorMay 12, 20220

By Chris Taylor NEW YORK (Reuters) – As TikTok accounts focused on money gain huge followings, stodgy financial firms are…

U.S. Senate Confirms Powell For Second Term As Fed Chief In Bipartisan Vote
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U.S. Senate Confirms Powell For Second Term As Fed Chief In Bipartisan Vote

The Cheap InvestorMay 12, 20220

By David Morgan and Ann Saphir WASHINGTON (Reuters) -The U.S. Senate on Thursday confirmed Jerome Powell to a second four-year…

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California lawmakers raise awards for malpractice lawsuits

The Cheap InvestorMay 12, 2022May 12, 20220

SACRAMENTO, Calif. (AP) — The California Legislature on Thursday agreed to increase how much money people can win in medical…

GE Sees Improvement In Company Businesses In H2
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GE Sees Improvement In Company Businesses In H2

The Cheap InvestorMay 12, 20220

By Rajesh Kumar Singh CHICAGO (Reuters) -General Electric Co on Thursday said it expects an improvement across its businesses in…

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Senate confirms Powell for 2nd term as Fed fights inflation

The Cheap InvestorMay 12, 2022May 13, 20220

WASHINGTON (AP) — The Senate on Thursday confirmed Jerome Powell for a second four-year term as Federal Reserve chair, giving…

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