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Marketmind: Investors’ glass still half full

The Cheap InvestorMay 8, 2023May 8, 20230

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Chinese trade and…

  • Economy
  • Politics

Union sues to strike down US debt limit as default looms

The Cheap InvestorMay 8, 2023May 8, 20230

By Daniel Wiessner (Reuters) – A union for U.S. federal government employees filed a lawsuit on Monday claiming a law…

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  • Economy

Seven US senators raise concerns about Tesla use of forced arbitration clauses

The Cheap InvestorMay 8, 2023May 8, 20230

By David Shepardson WASHINGTON (Reuters) -A group of seven U.S. senators on Monday questioned Tesla Inc’s use of forced arbitration…

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Shares rise, dollar flat ahead of key U.S. inflation data

The Cheap InvestorMay 8, 2023May 8, 20230

By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) -A gauge of global equity markets rose and the dollar was…

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PacWest shares pare gains after dividend cut fails to stem market fears

The Cheap InvestorMay 8, 2023May 8, 20230

By Niket Nishant and Chibuike Oguh (Reuters) -PacWest Bancorp shares pared early gains on Monday, dragging down other U.S. regional…

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Associated Press, New York Times win Pulitzers for Ukraine coverage

The Cheap InvestorMay 8, 2023May 8, 20230

By Joseph Ax NEW YORK (Reuters) -The Associated Press won two Pulitzer Prizes on Monday, including the distinguished public service…

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Byron Allen sues McDonald’s for allegedly lying about commitment to Black media

The Cheap InvestorMay 8, 2023May 8, 20230

By Jonathan Stempel (Reuters) -The media entrepreneur Byron Allen has filed a second lawsuit against McDonald’s Corp over the fast-food…

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Devon Energy tops profit estimates on strong demand, boosts share buyback

The Cheap InvestorMay 8, 2023May 8, 20230

(Reuters) -Shale oil producer Devon Energy on Monday topped Wall Street estimates for first-quarter profit on high demand for crude…

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  • Technology

Western Digital Corp sees weak fourth quarter on slower recovery for memory chips

The Cheap InvestorMay 8, 2023May 8, 20230

(Reuters) – Memory chip firm Western Digital Corp forecast fourth-quarter revenue below Wall Street estimates and a bigger current-quarter loss,…

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US judge temporarily suspends six creditors from joining Citgo auction

The Cheap InvestorMay 8, 2023May 8, 20230

By Marianna Parraga HOUSTON (Reuters) – A U.S. court of appeals has granted Venezuela a temporary stay preventing six companies…

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