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Reuters

KB Home Expects Q2 Net Orders To Fall Amid Tough Year-ago Comparisons
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KB Home Expects Q2 Net Orders To Fall Amid Tough Year-ago Comparisons

The Cheap InvestorMarch 22, 20230

(Reuters) – U.S. homebuilder KB Home said on Wednesday net orders in the first two-and-a-half weeks of the ongoing second…

Fed's Powell: SVB Management 'failed Badly,' Need Changes To Bank Oversight
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Fed’s Powell: SVB Management ‘failed Badly,’ Need Changes To Bank Oversight

The Cheap InvestorMarch 22, 20230

By Ann Saphir (Reuters) -The management of Silicon Valley Bank “failed badly,” Federal Reserve Chair Jerome Powell said on Wednesday,…

Marketmind: What Powell Giveth, Yellen Taketh
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Marketmind: What Powell Giveth, Yellen Taketh

The Cheap InvestorMarch 22, 20230

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The Asian open…

Bank Deposits Have Stabilized In Last Week, Powell Says
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Bank Deposits Have Stabilized In Last Week, Powell Says

The Cheap InvestorMarch 22, 20230

(Reuters) – Deposit flows in the U.S. banking system have stabilized in the last week after a historic run on…

SEC Sues Justin Sun, Others Over Illegal Crypto Sales
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SEC Sues Justin Sun, Others Over Illegal Crypto Sales

The Cheap InvestorMarch 22, 20230

NEW YORK (Reuters) – The U.S. Securities and Exchange Commission on Wednesday sued Chinese cryptocurrency entrepreneur Justin Sun, accusing him…

U.S. Fed Delivers Small Rate Hike Amid Global Banking Turmoil
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U.S. Fed Delivers Small Rate Hike Amid Global Banking Turmoil

The Cheap InvestorMarch 22, 20230

By Howard Schneider, Yoruk Bahceli and Akriti Sharma (Reuters) – The Federal Reserve on Wednesday raised interest rates by a…

U.S. Board Finds Problems With Safety Devices On Train That Derailed In Ohio
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U.S. Board Finds Problems With Safety Devices On Train That Derailed In Ohio

The Cheap InvestorMarch 22, 20230

By David Shepardson WASHINGTON (Reuters) – A U.S. safety board said on Tuesday it found anomalies in pressure relief devices…

First Republic Could Rally If FDIC Insures Deposits -analyst
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First Republic Could Rally If FDIC Insures Deposits -analyst

The Cheap InvestorMarch 22, 20230

By Tatiana Bautzer and Chris Prentice NEW YORK (Reuters) – As beleaguered First Republic Bank considers its options, analysts at…

Pacific Western Bank Raises $1.4 Billion, Says Deposits Have Stabilized
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Pacific Western Bank Raises $1.4 Billion, Says Deposits Have Stabilized

The Cheap InvestorMarch 22, 20230

By Manya Saini and Jaiveer Shekhawat (Reuters) – Pacific Western Bank has raised $1.4 billion from investment firm Atlas SP…

Exclusive-Republican U.S. Senator Rick Scott, Democrat Warren Unveil Fed Oversight Bill
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Exclusive-Republican U.S. Senator Rick Scott, Democrat Warren Unveil Fed Oversight Bill

The Cheap InvestorMarch 22, 20230

By David Morgan WASHINGTON (Reuters) – A conservative Republican and a progressive Democrat in the U.S. Senate are introducing legislation…

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