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Reuters

Altria Reaches $2.7 Billion Deal With Philip Morris To Sell U.S. IQOS Rights
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Altria Reaches $2.7 Billion Deal With Philip Morris To Sell U.S. IQOS Rights

The Cheap InvestorOctober 19, 20220

(Reuters) -Altria Group Inc said on Wednesday its unit has reached a $2.7 billion deal with Marlboro maker Philip Morris…

Fed's Evans: Keeping Unemployment Below 5% Would Be 'good' Outcome In Inflation Fight
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Fed’s Evans: Keeping Unemployment Below 5% Would Be ‘good’ Outcome In Inflation Fight

The Cheap InvestorOctober 19, 20220

WASHINGTON (Reuters) – If the Federal Reserve can bring inflation under control with unemployment remaining under 5% that would be…

BMW Chief Warns Against Setting Gas-powered Phase-out Date
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BMW Chief Warns Against Setting Gas-powered Phase-out Date

The Cheap InvestorOctober 19, 20220

By David Shepardson GREENVILLE, South Carolina (Reuters) – Setting a date to phase out gas-powered vehicles could remove “cheap cars”…

Tesla Revenue Misses Forecast; New Factories Squeeze Margins
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Tesla Revenue Misses Forecast; New Factories Squeeze Margins

The Cheap InvestorOctober 19, 20220

By Hyunjoo Jin and Akash Sriram (Reuters) -Tesla Inc on Wednesday posted record third-quarter revenue but still missed Wall Street…

BNP Sees Fed Terminal Rate Of 5.25% In Q1, U.S. Recession In Q2
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BNP Sees Fed Terminal Rate Of 5.25% In Q1, U.S. Recession In Q2

The Cheap InvestorOctober 19, 20220

NEW YORK (Reuters) – BNP Paribas expects the Federal Reserve to push the fed funds rate to a peak of…

Euro Zone Sept Inflation Revised Down Slightly, Still At Record High
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Euro Zone Sept Inflation Revised Down Slightly, Still At Record High

The Cheap InvestorOctober 19, 20220

BRUSSELS (Reuters) – Euro zone consumer inflation was marginally lower in September than estimated earlier, data showed on Wednesday, but…

U.S. To Release Oil Reserves As Biden Tackles High Pump Prices
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U.S. To Release Oil Reserves As Biden Tackles High Pump Prices

The Cheap InvestorOctober 19, 20220

By Nandita Bose, Jarrett Renshaw and Steve Holland WASHINGTON (Reuters) – U.S. President Joe Biden announced a plan on Wednesday…

U.S. To Release Oil Reserves As Biden Tackles High Gas Prices
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U.S. To Release Oil Reserves As Biden Tackles High Gas Prices

The Cheap InvestorOctober 19, 20220

By Nandita Bose, Jarrett Renshaw and Steve Holland WASHINGTON (Reuters) – U.S. President Joe Biden announced a plan on Wednesday…

Amazon Launches Home Insurance Comparison Website In Britain
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Amazon Launches Home Insurance Comparison Website In Britain

The Cheap InvestorOctober 19, 20220

By Carolyn Cohn and Rhea Binoy LONDON (Reuters) -Amazon.com Inc is launching a home insurance portal in Britain and has…

U.S. Single-family Home Starts Fall To Lowest Level In More Than Two Years
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U.S. Single-family Home Starts Fall To Lowest Level In More Than Two Years

The Cheap InvestorOctober 19, 20220

(Reuters) -U.S. homebuilding fell more than expected in September and the number of new groundbreakings for single-family homes tumbled to…

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