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Oil dips as weaker China, US economic data offset IEA demand forecast

The Cheap InvestorMay 16, 2023May 16, 20230

By Stephanie Kelly NEW YORK (Reuters) – Oil futures dipped on Tuesday as weaker-than-expected economic data in China and the…

  • Entertainment and Lifestyle
  • Health

WHO warns against bias, misinformation in using AI in healthcare

The Cheap InvestorMay 16, 2023May 16, 20230

(Reuters) – The World Health Organization called for caution on Tuesday in using artificial intelligence for public healthcare, saying data…

  • Business
  • US

WeWork CEO Mathrani to step down after joining Sycamore Partners as director

The Cheap InvestorMay 16, 2023May 16, 20230

(Reuters) -WeWork Inc on Tuesday said that Sandeep Mathrani would step down as the workspace provider’s chief executive officer, effective…

  • Asia
  • Business

Global securities watchdog to propose rules for cryptoassets

The Cheap InvestorMay 16, 2023May 16, 20230

LONDON (Reuters) – Global regulators will shortly propose the first set of international rules for cryptoassets, including how existing norms…

  • Business
  • Economy

Ex-Silicon Valley Bank CEO defends record, regulators vow tougher supervision

The Cheap InvestorMay 16, 2023May 16, 20230

By Hannah Lang, Tatiana Bautzer, Pete Schroeder and Ann Saphir WASHINGTON/NEW YORK (Reuters) – The former chief executive of Silicon…

  • Business
  • Economy

US Fed’s Logan says ‘smaller, less frequent’ hikes may be safer for stability

The Cheap InvestorMay 16, 2023May 16, 20230

AMELIA ISLAND, Florida (Reuters) – Changing interest rates in “smaller, less frequent steps” can make it less likely that U.S….

  • Business
  • Economy

New York Community Bancorp announces secondary share offering by FDIC

The Cheap InvestorMay 16, 2023May 16, 20230

(Reuters) – New York Community Bancorp Inc said on Tuesday the Federal Deposit Insurance Corporation is selling the bank’s shares…

  • Asia
  • Europe

Taiwan speaker hails Japan, South Korea and Philippines for ‘crescent of defense’

The Cheap InvestorMay 16, 2023May 16, 20230

By David Brunnstrom and Michael Martina WASHINGTON (Reuters) – The speaker of Taiwan’s parliament praised Japan, South Korea and the…

  • Asia
  • Australia

Dollar drifts higher as US debt ceiling in spotlight

The Cheap InvestorMay 16, 2023May 16, 20230

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar edged higher on Tuesday in choppy trading, with no clear direction,…

  • Business
  • Economy

Vice Media gets court sign-off for bankruptcy loan

The Cheap InvestorMay 16, 2023May 16, 20230

By Dietrich Knauth NEW YORK (Reuters) – Vice Media received court permission on Tuesday to borrow $5 million to fund…

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