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Factbox-Top US credit rating under watch as debt ceiling talks drag on

The Cheap InvestorMay 26, 2023May 26, 20230

(Reuters) – Drawn-out negotiations between the White House and Republicans to raise the $31.4 trillion debt ceiling have unnerved markets…

  • Business
  • Economy

ChatGPT-maker OpenAI says has no plans to leave Europe

The Cheap InvestorMay 26, 2023May 26, 20230

By Supantha Mukherjee and Martin Coulter (Reuters) – OpenAI has no plans to leave Europe, CEO Sam Altman said on…

  • Business
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Meta offers to limit use of ad data to address UK competition concerns

The Cheap InvestorMay 26, 2023May 26, 20230

LONDON (Reuters) – Britain’s competition watchdog on Friday said social media giant Meta had offered to limit its use of…

  • Business
  • Economy

US Labor Department providing $653 million to help states upgrade UI systems

The Cheap InvestorMay 26, 2023May 26, 20230

WASHINGTON (Reuters) – The U.S. Department of Labor said on Friday it was providing up to $653 million in grants…

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US court questions another Equitrans Mountain Valley natgas pipe permit

The Cheap InvestorMay 26, 2023May 26, 20230

(Reuters) – U.S. energy company Equitrans Midstream Corp’s long-delayed $6.6 billion Mountain Valley natural gas pipeline from West Virginia to…

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Dollar set for third week of gains as US debt talks loom large

The Cheap InvestorMay 26, 2023May 26, 20230

By Hannah Lang WASHINGTON (Reuters) – The dollar was set for a third straight weekly gain on Friday, as markets…

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G7 officials to hold first meeting on AI regulation next week

The Cheap InvestorMay 26, 2023May 26, 20230

By Kantaro Komiya TOKYO (Reuters) – Group of Seven (G7) nation officials will meet next week to consider problems posed…

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IMF says U.S. should tighten fiscal policy to help cut persistent inflation

The Cheap InvestorMay 26, 2023May 26, 20230

By David Lawder DETROIT (Reuters) -The International Monetary Fund said on Friday U.S. interest rates will likely need to remain…

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Instant view: Stubborn US April PCE inflation revives focus on June Fed hike

The Cheap InvestorMay 26, 2023May 26, 20230

NEW YORK (Reuters) – U.S. consumer spending increased more than expected in April, boosting the economy’s growth prospects for the…

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Strong US consumer spending, inflation readings put Fed in tough spot

The Cheap InvestorMay 26, 2023May 26, 20230

By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer spending increased more than expected in April, boosting the economy’s growth prospects…

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