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Wells Fargo profit falls buy loan growth buoys investors

The Cheap InvestorJuly 15, 2022July 18, 20220

Wells Fargo, the nation’s largest mortgage lender, saw its second-quarter revenue and profit decline as rising interest rates pushed people…

  • AP
  • Headlines

Retail sales up 1% in June, easing fears of a recession

The Cheap InvestorJuly 15, 2022July 18, 20220

NEW YORK (AP) — Consumers picked up their spending from May to June, underscoring their resilience despite painfully higher prices…

  • AP
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Dock workers’ strike hits cargo handling at German ports

The Cheap InvestorJuly 15, 2022July 18, 20220

BERLIN (AP) — Dock workers at Germany’s North Sea ports went on strike Friday in the latest of several walkouts…

U.S. Retail Sales In June Boosted By Gasoline, Automobiles
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  • Reuters

U.S. Retail Sales In June Boosted By Gasoline, Automobiles

The Cheap InvestorJuly 15, 20220

By Lucia Mutikani WASHINGTON (Reuters) – U.S. retail sales rebounded strongly in June as Americans spent more on gasoline and…

U.S. Retail Sales Beat Expectations In June
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  • Reuters

U.S. Retail Sales Beat Expectations In June

The Cheap InvestorJuly 15, 20220

WASHINGTON (Reuters) – U.S. retail sales increased more than expected in June as consumers bought motor vehicles and a range…

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Bulgaria’s president tries to unlock political crisis

The Cheap InvestorJuly 15, 2022July 15, 20220

SOFIA, Bulgaria (AP) — Bulgaria’s president launched talks on Friday with all political parties represented in parliament to see if…

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Growing enrollment, Optum Health propel UnitedHealth in 2Q

The Cheap InvestorJuly 15, 2022July 18, 20220

UnitedHealth Group hiked its 2022 forecast Friday after riding both growing health insurance enrollment and its newer care-providing businesses to…

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Italy enters into political uncertainty after 5-Stars balk

The Cheap InvestorJuly 15, 2022July 15, 20220

ROME (AP) — Italy entered into days of political and financial uncertainty Friday as Premier Mario Draghi weighed his options…

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EU takes Hungary to highest court over LGBT, media rules

The Cheap InvestorJuly 15, 2022July 15, 20220

BRUSSELS (AP) — The European Union’s executive intensified its legal standoff with Hungary on Friday by taking the country to…

U.S. Equity Funds Record Third Weekly Outflow In A Row
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  • Reuters

U.S. Equity Funds Record Third Weekly Outflow In A Row

The Cheap InvestorJuly 15, 20220

(Reuters) – U.S. equity funds witnessed outflows for the third week in a row in the week ended July 13,…

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