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The Cheap Investor

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The Cheap Investor

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US conservative group led by billionaire Koch to spend big to beat Trump

The Cheap InvestorJune 29, 2023June 29, 20230

By Alexandra Ulmer (Reuters) -The conservative U.S. political network led by billionaire Charles Koch has raised over $70 million to…

  • Business
  • Economy

Fed’s lending to banks shrinks in latest week

The Cheap InvestorJune 29, 2023June 29, 20230

(Reuters) – Federal Reserve lending to banks shrunk modestly in the latest week, central bank data released Thursday showed. The…

  • Entertainment and Lifestyle
  • Politics

US colleges cautiously prep for end to race-conscious admissions amid enrollment gaps

The Cheap InvestorJune 29, 2023June 29, 20230

By Gabriella Borter WASHINGTON (Reuters) – In 1998, the year a voter-approved measure barring the use of race-conscious admissions policies…

  • Business
  • Economy

Fidelity spot bitcoin ETF application refiled with U.S. SEC

The Cheap InvestorJune 29, 2023June 29, 20230

(Reuters) -Asset manager Fidelity is once again seeking to list and trade shares of its Wise Origin Bitcoin Trust spot…

  • Business
  • Technology

Canada says Microsoft deal to buy Activision likely to lessen competition

The Cheap InvestorJune 29, 2023June 29, 20230

WASHINGTON (Reuters) -Canada’s Department of Justice has concluded that Microsoft’s deal to buy “Call of Duty” maker Activision Blizzard “is…

  • Asia
  • Europe

Blinken says hard work remains to reach peace deal as Armenia-Azerbaijan talks end

The Cheap InvestorJune 29, 2023June 29, 20230

By Simon Lewis and Daphne Psaledakis WASHINGTON (Reuters) – U.S. Secretary of State Antony Blinken said hard work remains to…

  • Business
  • Economy

AMC ‘backstabbed’ retail investors, settlement opponent tells court

The Cheap InvestorJune 29, 2023June 29, 20230

By Jody Godoy (Reuters) – An AMC Entertainment Holdings shareholder who objected to a settlement over the theater chain’s controversial…

  • Asia
  • Australia

S&P 500 ends higher, Treasury yields touch three-month high on solid US economic data

The Cheap InvestorJune 29, 2023June 29, 20230

By Stephen Culp NEW YORK (Reuters) – The S&P 500 advanced on Thursday and benchmark Treasury yields hit their highest…

  • Business
  • Economy

SVB Financial nears approval to sell its investment banking business

The Cheap InvestorJune 29, 2023June 29, 20230

By Dietrich Knauth NEW YORK (Reuters) – A U.S. bankruptcy judge said Thursday that he would allow SVB Financial Group…

  • Business
  • Economy

US yield curve inversions deepen on hawkish Fed, strong data

The Cheap InvestorJune 29, 2023June 29, 20230

By Davide Barbuscia NEW YORK (Reuters) -Several parts of the U.S. Treasury yield curve are reaching deeper levels of inversion,…

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