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The Cheap Investor

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Nikola pushes shareholder meet again as it seeks nod for key proposal

The Cheap InvestorJuly 6, 2023July 6, 20230

(Reuters) – Electric-truck maker Nikola on Thursday adjourned its annual shareholder meeting for the second time this year, as it…

  • Business
  • Economy

Fed lending to banks eases a bit in latest week

The Cheap InvestorJuly 6, 2023July 6, 20230

NEW YORK (Reuters) – Federal Reserve lending to banks ebbed in the latest week, central bank data released Thursday said….

  • Elections
  • Politics

DeSantis rakes in $20m after wobbly start to 2024 White House run

The Cheap InvestorJuly 6, 2023July 6, 20230

By James Oliphant and Jason Lange WASHINGTON (Reuters) – Republican presidential candidate Ron DeSantis raised $20 million in the second…

  • Business
  • US

US watchdog to review FAA efforts to prevent runway incursions

The Cheap InvestorJuly 6, 2023July 6, 20230

By David Shepardson WASHINGTON (Reuters) – A U.S. government watchdog will review Federal Aviation Administration (FAA) efforts to prevent airport…

  • Business
  • Economy

Market surveys show Wall Street expected less hawkish Fed outlook

The Cheap InvestorJuly 6, 2023July 6, 20230

By Michael S. Derby NEW YORK (Reuters) – Federal Reserve forecasts released at the June monetary policy meeting laid out…

  • Asia
  • Australia

Dollar eases after strong labor market reports

The Cheap InvestorJuly 6, 2023July 6, 20230

By Herbert Lash NEW YORK (Reuters) -The dollar eased after a brief rebound on Thursday as data showing the U.S….

  • Business
  • Economy

U.S. mortgage rates rise to 6.81%, highest level this year -Freddie Mac

The Cheap InvestorJuly 6, 2023July 6, 20230

NEW YORK (Reuters) – U.S. 30-year mortgage rates rose to an average of 6.81% this week, the highest level of…

  • Business
  • Economy

Meta’s Threads swiftly signs up 30 million users, in clear threat to Musk-owned Twitter

The Cheap InvestorJuly 6, 2023July 6, 20230

By Aditya Soni (Reuters) -Meta’s Threads racked up more than 30 million sign-ups within about 18 hours of its launch,…

  • US

US advances $6.88 billion grant for key New York tunnel project

The Cheap InvestorJuly 6, 2023July 6, 20230

By David Shepardson WASHINGTON (Reuters) -The Biden administration advanced a key $6.88 billion grant to help build a long-delayed new…

  • Business
  • Economy

Oil near flat as tighter supplies offset U.S. rate hike risk

The Cheap InvestorJuly 6, 2023July 6, 20230

By Stephanie Kelly NEW YORK (Reuters) -Oil prices were near flat on Thursday as the market weighed tighter U.S. crude…

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