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The Cheap Investor

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Soros Fund Management cut Tesla stake, added Netflix in 1st quarter

The Cheap InvestorMay 12, 2023May 12, 20230

By David Randall NEW YORK (Reuters) – Soros Fund Management, the family office of billionaire George Soros, slashed its stakes…

  • Asia
  • Business

Eisai, Biogen Alzheimer’s drug Leqembi would cost US Medicare up to $5 billion a year, study finds

The Cheap InvestorMay 12, 2023May 12, 20230

(This May 11 story has been corrected to change some wording in the quote by Dr. Mafi in paragraph 15)…

  • Business
  • Economy

World Bank’s Malpass: U.S. debt limit standoff adds to global economic woes

The Cheap InvestorMay 12, 2023May 12, 20230

By Andrea Shalal NIIGATA, Japan (Reuters) -The risk of a U.S. payments default is adding to problems facing a slowing…

  • Business
  • Environment

Norfolk Southern train got alarm before Pennsylvania derailment -NTSB

The Cheap InvestorMay 12, 2023May 12, 20230

By David Shepardson WASHINGTON (Reuters) -A Norfolk Southern freight train that derailed near New Castle, Pennsylvania, on Wednesday night received…

  • Europe
  • Politics

Biden meets with Spain’s Sanchez, discusses Ukraine war

The Cheap InvestorMay 12, 2023May 12, 20230

By Jeff Mason and Arshad Mohammed WASHINGTON (Reuters) – U.S. President Joe Biden and Spanish Prime Minister Pedro Sanchez underscored…

  • Asia
  • Australia

Stocks slip as US consumer confidence slumps, dollar gains

The Cheap InvestorMay 12, 2023May 12, 20230

By Herbert Lash NEW YORK (Reuters) -The dollar rose on Friday but a gauge of global stocks retreated on a…

  • Politics
  • Top News

Wendy Sherman, US official who led diplomacy with China and Russia, to retire

The Cheap InvestorMay 12, 2023May 12, 20230

WASHINGTON (Reuters) -U.S. Deputy Secretary of State Wendy Sherman, the country’s number two diplomat, said on Friday she will retire…

  • Business
  • Economy

U.S. bank deposits rise in early May, lending little changed at record high

The Cheap InvestorMay 12, 2023May 12, 20230

(Reuters) – Deposits at U.S. banks climbed in early May, ticking up from the lowest level in nearly two years…

  • Business
  • Economy

Debt ceiling worries deepen as early June U.S. default reinforced

The Cheap InvestorMay 12, 2023May 12, 20230

By Richard Cowan WASHINGTON (Reuters) – The Washington standoff over raising the U.S. government’s $31.4 trillion borrowing limit is adding…

  • Business
  • Economy

U.S. regional bank stocks creep higher in skittish trading

The Cheap InvestorMay 12, 2023May 12, 20230

(Reuters) -Shares of major U.S. regional lenders edged higher on Friday, reversing early losses in skittish trading as investors bought…

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