AsiaBusiness 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…
AsiaBusiness 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)…
BusinessEconomy 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…
BusinessEnvironment 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…
EuropePolitics 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…
AsiaAustralia 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…
PoliticsTop 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…
BusinessEconomy 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…
BusinessEconomy 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…
BusinessEconomy 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…