BusinessEconomy Fed policy on right track, but inflation still too high, officials say The Cheap InvestorMay 12, 2023May 13, 20230 By Ann Saphir PALO ALTO, Calif. (Reuters) -The Federal Reserve is getting interest rates closer to where they need to…
Central AmericaLatin America Uncertainty clouds US transition at Mexico border as new rules take effect The Cheap InvestorMay 12, 2023May 13, 20230 By Daina Beth Solomon and Julio-Cesar Chavez CIUDAD JUAREZ, Mexico/EL PASO, Texas (Reuters) -The Biden administration began implementing a sweeping…
BusinessEconomy Fed’s Jefferson: inflation ‘insidious,’ need to bring it down The Cheap InvestorMay 12, 2023May 12, 20230 PALO ALTO, Calif. – Federal Reserve Governor Philip Jefferson said on Friday he is just as serious about the central…
AsiaBusiness Exclusive-G7 to vow diversifying of supply chains, filling bank regulatory gaps -draft The Cheap InvestorMay 12, 2023May 12, 20230 (Reuters) -Finance leaders of the Group of Seven (G7) advanced economies set a year-end deadline for launching a new scheme…
BusinessEconomy Indexes slip with tech-related shares; consumer sentiment drops The Cheap InvestorMay 12, 2023May 12, 20230 By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks ended slightly lower on Friday, led by weaker megacap shares following…
BusinessEconomy Fed’s Bullard: disinflation prospects ‘good’ but not guaranteed The Cheap InvestorMay 12, 2023May 12, 20230 PALO ALTO, Calif. (Reuters) – St. Louis Federal Reserve Bank President James Bullard, an early and vocal supporter within the…
BusinessEconomy U.S. regulators grant approvals for TIAA’s bank deal with buyout firms The Cheap InvestorMay 12, 2023May 12, 20230 By Pete Schroeder and David French (Reuters) -Two U.S. regulators have approved the sale of a majority stake in TIAA’s…
BusinessEconomy Biden nominates Jefferson as Fed vice chair, Kugler to Fed board The Cheap InvestorMay 12, 2023May 12, 20230 By Ann Saphir, Andrea Shalal and Jeff Mason WASHINGTON (Reuters) -U.S. President Joe Biden on Friday nominated Federal Reserve Governor…
AsiaBusiness U.S. demands recall of 67 million air bag inflators The Cheap InvestorMay 12, 2023May 12, 20230 By David Shepardson WASHINGTON (Reuters) -The National Highway Traffic Safety Administration (NHTSA) demanded the recall of 67 million air bag…
Central AmericaLatin America Faced with tougher U.S. policy, migrants in Mexico pin hopes on asylum app The Cheap InvestorMay 12, 2023May 12, 20230 By Daina Beth Solomon CIUDAD JUAREZ, Mexico (Reuters) – Oriana Silva, a 30-year-old Venezuelan mother of two, was so determined…