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Outsized US job gains may mask signs of weakness

The Cheap InvestorJune 2, 2023June 2, 20230

By Howard Schneider WASHINGTON (Reuters) – The gain of 339,000 U.S. payroll jobs in May was a blockbuster number, nearly…

  • Business
  • Economy

Tyson Foods to cut 262 employees in South Dakota who opt not to relocate

The Cheap InvestorJune 2, 2023June 2, 20230

CHICAGO (Reuters) – Tyson Foods Inc will terminate about 262 employees in South Dakota who chose not to relocate to…

  • Business
  • Central America

Citigroup CEO says Mexico IPO is best for shareholders, other sales going well

The Cheap InvestorJune 2, 2023June 2, 20230

By Tatiana Bautzer and Saeed Azhar NEW YORK (Reuters) – Citigroup Inc CEO Jane Fraser said scrapping the sale of…

  • Business
  • Economy

US employers boost hiring in May, but labor market losing steam

The Cheap InvestorJune 2, 2023June 2, 20230

By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth accelerated in May, but a surge in the unemployment rate to…

  • Business
  • Canada

Canadian oil producer Suncor Energy to cut 1,500 jobs under new CEO

The Cheap InvestorJune 2, 2023June 2, 20230

(Reuters) – Canada’s second-biggest oil producer Suncor Energy has told employees it plans to cut 1,500 jobs this year, two…

  • Business
  • Economy

Fitch keeps U.S. credit rating on negative watch despite debt limit deal

The Cheap InvestorJune 2, 2023June 2, 20230

(Reuters) -The United States’ “AAA” credit rating will remain on negative watch, despite a debt limit agreement that will allow…

  • Business
  • Economy

Analysis-Risk of US downgrade still on the cards despite debt deal

The Cheap InvestorJune 2, 2023June 2, 20230

By Davide Barbuscia NEW YORK (Reuters) -While a U.S. default on its debt has been averted, the possibility of another…

  • Economy
  • Europe

US says more nuclear arms not needed to deter Russia, China

The Cheap InvestorJune 2, 2023June 2, 20230

By Jonathan Landay and Arshad Mohammed WASHINGTON (Reuters) – The United States does not need more nuclear weapons to deter…

  • Elections
  • Politics

Georgia probe of Trump expands to activities in other states -Washington Post

The Cheap InvestorJune 2, 2023June 2, 20230

WASHINGTON (Reuters) – A Georgia-based probe into whether former Republican President Donald Trump and others illegally sought to overturn his…

  • Middle East
  • Politics

US sanctions target Iran’s internet censorship amid protests

The Cheap InvestorJune 2, 2023June 2, 20230

By Arshad Mohammed WASHINGTON (Reuters) – The United States said on Friday it imposed sanctions on Iranian technology company Arvan…

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