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The Cheap Investor

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U.S. bank deposits dip in latest week

The Cheap InvestorApril 28, 2023April 28, 20230

(Reuters) – Deposits at commercial U.S. banks dipped in the week ended April 19, signaling no fresh worries about bank…

  • Health
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Supreme Court’s Alito says abortion leak meant to intimidate court -WSJ

The Cheap InvestorApril 28, 2023April 28, 20230

By John Kruzel WASHINGTON (Reuters) – U.S. Supreme Court Justice Samuel Alito believes the leak last May of a draft…

  • Business
  • Economy

Factbox: Red flags galore – Fed officials cited Silicon Valley Bank 31 times

The Cheap InvestorApril 28, 2023April 28, 20230

(Reuters) – At the time of Silicon Valley Bank’s collapse, the number of outstanding safety and soundness warnings from Federal…

  • Business
  • Economy

U.S. regulator set to take over First Republic-source

The Cheap InvestorApril 28, 2023April 28, 20230

NEW YORK (Reuters) – The U.S. Federal Deposit Insurance Corporation (FDIC) is preparing to place First Republic under receivership imminently,…

  • Asia
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Wall St ends higher, posts weekly, monthly gains on solid earnings, Fed pause hopes

The Cheap InvestorApril 28, 2023April 28, 20230

By Stephen Culp NEW YORK (Reuters) – U.S. stocks rallied to a higher close on Friday and benchmark Treasury yields…

  • Business
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Lyft asks employees to come to office more regularly

The Cheap InvestorApril 28, 2023April 28, 20230

(Reuters) – Lyft Inc said on Friday it has asked employees to return to office, the latest move by new…

  • Business
  • Economy

First Republic options draw bears, though cashing in could be a problem

The Cheap InvestorApril 28, 2023April 28, 20230

By Saqib Iqbal Ahmed and Laura Matthews NEW YORK (Reuters) – Bearish options traders are ramping up bets on further…

  • Business
  • Economy

White House: Fed report on SVB reinforces need for regulatory, supervisory reforms

The Cheap InvestorApril 28, 2023April 28, 20230

WASHINGTON (Reuters) – The Federal Reserve Board’s independent review of Silicon Valley Bank’s collapse reinforces the need for “the commonsense…

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U.S. engineers recommended grounding Boeing 737 MAX soon after second crash – report

The Cheap InvestorApril 28, 2023April 28, 20230

By David Shepardson WASHINGTON (Reuters) -Some Federal Aviation Administration (FAA) engineers recommended grounding the Boeing 737 MAX in March 2019…

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Supervisory staff shortages come into focus in Fed, FDIC reviews of failed banks

The Cheap InvestorApril 28, 2023April 28, 20230

By Hannah Lang (Reuters) – Among the key findings revealed on Friday in the Federal Reserve and Federal Deposit Insurance…

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