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Headlines

FTX Says Bahamas Regulators Hold $296 Million, Not $3.5 Billion Of Company's Assets
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  • Reuters

FTX Says Bahamas Regulators Hold $296 Million, Not $3.5 Billion Of Company’s Assets

The Cheap InvestorDecember 30, 20220

(Reuters) – FTX on Friday disputed the Securities Commission of the Bahamas’ claims that the regulator was holding $3.5 billion…

Panama Says It Rejects First Quantum's Legal Bid To Avoid Halting Operations
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Panama Says It Rejects First Quantum’s Legal Bid To Avoid Halting Operations

The Cheap InvestorDecember 30, 20220

PANAMA CITY (Reuters) – The Panamanian government said it rejected Canada-based miner First Quantum’s legal proceedings to avoid halting operations…

Wall St Ends 2022 With Biggest Annual Drop Since 2008
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Wall St Ends 2022 With Biggest Annual Drop Since 2008

The Cheap InvestorDecember 30, 20220

By Echo Wang (Reuters) – U.S. stocks closed out 2022 lower on Friday, capping a year of sharp losses driven…

Exclusive-Drugmakers To Raise Prices On At Least 350 Drugs In U.S. In January
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Exclusive-Drugmakers To Raise Prices On At Least 350 Drugs In U.S. In January

The Cheap InvestorDecember 30, 20220

By Michael Erman and Julie Steenhuysen NEW YORK (Reuters) – Drugmakers including Pfizer Inc, GlaxoSmithKline PLC, Bristol Myers Squibb, AstraZeneca…

U.S. Dollar Down, Still Set For Best Year Since 2015
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U.S. Dollar Down, Still Set For Best Year Since 2015

The Cheap InvestorDecember 30, 20220

By Hannah Lang WASHINGTON (Reuters) – The dollar was on track to post its best year since 2015 on Friday…

New Fed Research Flags Rising Risk Of U.S. Recession
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New Fed Research Flags Rising Risk Of U.S. Recession

The Cheap InvestorDecember 30, 20220

By Michael S. Derby NEW YORK (Reuters) – Just over half of the 50 U.S. states are exhibiting signs of…

Oil Up By $1/bbl, Set To End 2022 With Second Straight Annual Gain
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Oil Up By $1/bbl, Set To End 2022 With Second Straight Annual Gain

The Cheap InvestorDecember 30, 20220

By Laila Kearney NEW YORK (Reuters) -Oil was on track for a second straight annual gain in a turbulent year…

Inflation, Recession And Earnings Among Factors To Drive U.S. Stocks In 2023
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Inflation, Recession And Earnings Among Factors To Drive U.S. Stocks In 2023

The Cheap InvestorDecember 30, 20220

By Lewis Krauskopf NEW YORK (Reuters) – U.S. stock investors could not be more eager to turn the page on…

Chevron Sending Two Oil Tankers To Venezuela Under U.S. Approval
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Chevron Sending Two Oil Tankers To Venezuela Under U.S. Approval

The Cheap InvestorDecember 30, 20220

By Marianna Parraga HOUSTON (Reuters) -U.S. oil company Chevron Corp is sending two oil tankers to Venezuela, one of which…

Global Natural Catastrophe 2022 Insured Losses Seen At $112 Billion-broker
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Global Natural Catastrophe 2022 Insured Losses Seen At $112 Billion-broker

The Cheap InvestorDecember 30, 20220

LONDON (Reuters) -Global insurance losses for natural catastrophes are projected to reach $112 billion in 2022, reinsurance broker Guy Carpenter…

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