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Lucid posts quarterly revenue well below estimates as EV price war hits demand

The Cheap InvestorMay 8, 2023May 8, 20230

By Akash Sriram and Abhirup Roy (Reuters) -Electric vehicle (EV) maker Lucid Group Inc reported lower-than-expected first-quarter revenue on Monday…

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  • Latin America

U.S. seeks to shore up border as migrants gather ahead of end to Title 42

The Cheap InvestorMay 8, 2023May 8, 20230

By Ted Hesson and Mike Blake SAN DIEGO (Reuters) -The Biden administration and Texas state government are sending reinforcements to…

  • Business
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Crypto exchange Bittrex files for bankruptcy after SEC complaint

The Cheap InvestorMay 8, 2023May 8, 20230

By Dietrich Knauth (Reuters) – Cryptocurrency exchange Bittrex Inc filed for bankruptcy protection on Monday, three weeks after the U.S….

  • Business
  • Technology

New York Times to get around $100 million from Google over three years – WSJ

The Cheap InvestorMay 8, 2023May 8, 20230

(Reuters) – The New York Times is getting around $100 million from Google over three years as part of a…

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Biden, McCarthy aim to break US debt-ceiling standoff as default crisis looms

The Cheap InvestorMay 8, 2023May 8, 20230

By David Morgan WASHINGTON (Reuters) – President Joe Biden and top Republicans and Democrats from Congress are set to sit…

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Wall Street ends near flat ahead of inflation data

The Cheap InvestorMay 8, 2023May 8, 20230

By Shreyashi Sanyal, Shristi Achar A and Carolina Mandl (Reuters) – U.S. stocks paused on Monday after a strong rally…

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Biden wants airlines to pay passengers in U.S. for lengthy delays

The Cheap InvestorMay 8, 2023May 8, 20230

By David Shepardson and Nandita Bose WASHINGTON (Reuters) -U.S. President Joe Biden on Monday said his administration is writing new…

  • Health
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Abortion providers sue to preserve, expand access to abortion pill

The Cheap InvestorMay 8, 2023May 8, 20230

By Brendan Pierson (Reuters) – A group of abortion providers on Monday filed a lawsuit aiming to preserve access to…

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  • US

California banking regulator says SVB oversight inadequate

The Cheap InvestorMay 8, 2023May 8, 20230

(Reuters) – California’s financial regulator failed to press leadership at Silicon Valley Bank to address known problems quickly enough before…

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Yellen says ‘no good options’ if Congress fails to raise debt ceiling

The Cheap InvestorMay 8, 2023May 8, 20230

By Andrea Shalal and David Lawder WASHINGTON (Reuters) – Treasury Secretary Janet Yellen said on Monday that a failure by…

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