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US dollar hits seven-week high, bolstered by data, debt ceiling hopes

The Cheap InvestorMay 18, 2023May 18, 20230

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar rose to seven-week peaks on Thursday as another round of solid…

  • Business
  • Technology

Meta announces AI training and inference chip project

The Cheap InvestorMay 18, 2023May 18, 20230

By Katie Paul and Stephen Nellis NEW YORK (Reuters) -Meta Platforms on Thursday shared new details on its data center…

  • Business
  • Economy

Charlie Javice, the startup founder accused of defrauding JPMorgan, is indicted

The Cheap InvestorMay 18, 2023May 18, 20230

By Jonathan Stempel and Luc Cohen NEW YORK (Reuters) -The young entrepreneur Charlie Javice has been indicted on charges of…

  • Asia
  • Business

US manufacturers can’t shake that inflation feeling even as supply snarls ease

The Cheap InvestorMay 18, 2023May 18, 20230

By Timothy Aeppel CHICAGO (Reuters) -For Matthew Prange, it’s easy to see why the inflation surge of the last two…

  • Business
  • Economy

Yellen reaffirms strength of US banking system in meeting with bank CEOs -Treasury

The Cheap InvestorMay 18, 2023May 18, 20230

WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen reaffirmed the strength and soundness of the country’s banking system in a…

  • Business
  • Economy

FTX seeks to claw back over $240 million from Embed acquisition

The Cheap InvestorMay 18, 2023May 18, 20230

By Dietrich Knauth NEW YORK (Reuters) – Bankrupt crypto exchange FTX is seeking to claw back more than $240 million…

  • Asia
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US House member ‘pauses’ subpoena attempt over Afghanistan cable

The Cheap InvestorMay 18, 2023May 18, 20230

By Patricia Zengerle WASHINGTON (Reuters) – The chairman of the U.S. House of Representatives Foreign Affairs Committee said on Thursday…

  • Asia
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Oil prices settle down 1%; strong US data boosts dollar

The Cheap InvestorMay 18, 2023May 18, 20230

By Scott DiSavino NEW YORK (Reuters) -Oil prices slid about 1% on Thursday after solid U.S. economic data spurred the…

  • Environment
  • US

Tour estimates lowest Kansas winter wheat yield in over two decades

The Cheap InvestorMay 18, 2023May 18, 20230

By Tom Polansek MANHATTAN, Kansas (Reuters) – Wheat yield potential in Kansas was estimated at 30.0 bushels per acre (bpa)…

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U.S. Air Force to award sixth-generation fighter contract in 2024

The Cheap InvestorMay 18, 2023May 18, 20230

WASHINGTON (Reuters) -The U.S. Air Force intends to award a contract in 2024 for its sixth-generation fighter jet as it…

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