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World Bank, ‘alarmed’ by events in Niger, pauses disbursements

The Cheap InvestorAugust 2, 2023August 2, 20230

By Kanishka Singh and Andrea Shalal WASHINGTON (Reuters) -The World Bank on Wednesday said it was “alarmed” by efforts to…

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Stocks drop, Treasury yields edge up after Fitch downgrades US

The Cheap InvestorAugust 2, 2023August 2, 20230

By Lawrence Delevingne (Reuters) -Global stocks slumped on Wednesday, while Treasury yields ticked up and the dollar gained, as investors…

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Five takeaways from the Trump indictment over the plot to overturn the 2020 election

The Cheap InvestorAugust 2, 2023August 2, 20230

By Luc Cohen NEW YORK (Reuters) – Here are five takeaways from Tuesday’s indictment accusing former U.S. President Donald Trump…

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Trump faces federal charges for efforts to overturn 2020 election

The Cheap InvestorAugust 2, 2023August 2, 20230

By Sarah N. Lynch, Jacqueline Thomsen and Andrew Goudsward WASHINGTON (Reuters) -Donald Trump was indicted on Tuesday for his wide-ranging…

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Electronic Arts shares drop as competition, lower spending hit bookings forecast

The Cheap InvestorAugust 2, 2023August 2, 20230

(Reuters) -Electronic Arts shares sank more than 7% on Wednesday, a day after the videogame publisher projected quarterly net bookings…

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Kansas City Fed’s new chief is a veteran banking executive

The Cheap InvestorAugust 2, 2023August 2, 20230

By Ann Saphir (Reuters) -After more than a year of search, the Kansas City Federal Reserve Bank has a new…

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Oil settle lower despite record US crude stock drawdown

The Cheap InvestorAugust 2, 2023August 2, 20230

By Laura Sanicola (Reuters) -Oil prices settled down 2% on Wednesday despite a historic drop in U.S. crude stocks, as…

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Ethiopian military clashes with militia in Amhara, injuries reported

The Cheap InvestorAugust 2, 2023August 2, 20230

By Dawit Endeshaw ADDIS ABABA (Reuters) -Ethiopia’s military has clashed with fighters from a militia in the Amhara region, residents…

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Dollar shrugs off Fitch’s U.S. downgrade, advances on strong jobs data

The Cheap InvestorAugust 2, 2023August 2, 20230

By Herbert Lash and Harry Robertson NEW YORK/LONDON (Reuters) -The dollar rose on Wednesday as investors shrugged off Fitch’s U.S….

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AMD shares fall as analysts worry AI chip targets may be ambitious

The Cheap InvestorAugust 2, 2023August 2, 20230

(Reuters) – Advanced Micro Devices’s shares fell about 6% on Wednesday as analysts raised concerns that the chip designer’s targets…

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