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Oil steadies after Russia says global oil markets in balance

The Cheap InvestorApril 27, 2023April 27, 20230

By Stephanie Kelly NEW YORK (Reuters) – Oil prices steadied on Thursday, paring losses from the previous session, after a…

  • Asia
  • Australia

US dollar edges higher as GDP, jobless claims affirm rate hike bets

The Cheap InvestorApril 27, 2023April 27, 20230

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar rose on Thursday as weaker-than-expected U.S. economic growth in the first…

  • Business
  • Economy

US economic growth slows in first quarter as businesses draw down inventories

The Cheap InvestorApril 27, 2023April 27, 20230

By Lucia Mutikani WASHINGTON (Reuters) – U.S. economic growth slowed more than expected in the first quarter as an acceleration…

  • Economy
  • Environment

U.S. targets Russia’s FSB, IRGC members over wrongful detention of Americans

The Cheap InvestorApril 27, 2023April 27, 20230

By Humeyra Pamuk and Daphne Psaledakis WASHINGTON (Reuters) -The United States on Thursday imposed sanctions on Russia’s domestic security service…

  • Business
  • Economy

Fed watchdog objects to Senate bill overhauling leadership selection

The Cheap InvestorApril 27, 2023April 27, 20230

By Michael S. Derby (Reuters) – The Federal Reserve’s in-house watchdog agency is pushing back against proposed legislation in the…

  • Economy
  • Middle East

Senators urge Biden to enable agency to seize tankers of Iran oil

The Cheap InvestorApril 27, 2023April 27, 20230

By Timothy Gardner and Jonathan Saul WASHINGTON (Reuters) – As Iran’s oil exports rise despite U.S. sanctions over its nuclear…

  • Business
  • Economy

As U.S. megacaps soar, some investors are wary of rising valuations

The Cheap InvestorApril 27, 2023April 27, 20230

By Lewis Krauskopf NEW YORK (Reuters) – Some market participants are warning that the U.S. market’s biggest tech and growth…

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  • Economy

Meta wins back Wall Street with AI promises

The Cheap InvestorApril 27, 2023April 27, 20230

By Aditya Soni (Reuters) – Meta Platforms Inc is a Wall Street darling again. The company’s shares extended their winning…

  • Asia
  • Economy

White House’s Sullivan: US not looking to decouple from China economy

The Cheap InvestorApril 27, 2023April 27, 20230

WASHINGTON (Reuters) – White House national security adviser Jake Sullivan said on Thursday the United States is not looking to…

  • Environment
  • Science

U.S. West Coast races to reduce wildfire risk ahead of summer

The Cheap InvestorApril 27, 2023April 27, 20230

By Matt McKnight (Reuters) – As wildfire season approaches, U.S. officials along the West Coast are working hard to mitigate…

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