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Wall St ends lower; strong retail sales stoke interest rate worries

The Cheap InvestorAugust 15, 2023August 15, 20230

By Saeed Azhar, Amruta Khandekar and Shristi Achar A NEW YORK (Reuters) – Wall Street’s main stock indexes closed sharply…

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How much worse can China’s economic slowdown get?

The Cheap InvestorAugust 15, 2023August 15, 20230

HONG KONG (Reuters) -China’s economic activity data for July, including retail sales, industrial output and investment failed to match expectations,…

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NZ’s Fletcher Building warns of weaker FY24, shares fall

The Cheap InvestorAugust 15, 2023August 15, 20230

(Reuters) -Construction materials maker Fletcher Building said on Wednesday its annual profit nearly halved and warned of a decline in…

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Occidental buys carbon air capture tech firm for $1.1 billion

The Cheap InvestorAugust 15, 2023August 15, 20230

By Sabrina Valle and Sourasis Bose (Reuters) -U.S. oil and gas producer Occidental Petroleum on Tuesday agreed to pay $1.1…

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JPMorgan, US Virgin Islands trade accusations over Epstein

The Cheap InvestorAugust 15, 2023August 15, 20230

NEW YORK (Reuters) – JPMorgan Chase and the U.S. Virgin Islands traded new accusations this week in legal filings over…

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U.S. gasoline prices at year high, tight supply weighs on motorists

The Cheap InvestorAugust 15, 2023August 15, 20230

By Laura Sanicola and Shariq Khan (Reuters) – U.S. motorists hoping to squeeze out one last trip before the Labor…

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Brazil’s central bank ‘very committed’ to current rate cut pace -director

The Cheap InvestorAugust 15, 2023August 15, 20230

BRASILIA (Reuters) – Brazil’s central bank director of international affairs Fernanda Guardado said on Tuesday policymakers are firmly dedicated to…

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Southwest Airlines reaches tentative agreement with transport workers union

The Cheap InvestorAugust 15, 2023August 15, 20230

(Reuters) -Southwest Airlines Co said on Tuesday it had reached a tentative agreement with the union that represents about 17,120…

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Peru government sees economy recovering from mild contraction

The Cheap InvestorAugust 15, 2023August 15, 20230

By Sarah Morland and Isabel Woodford (Reuters) – Peru’s economy is showing signs it could start growing again after shrinking…

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Marketmind: China crisis

The Cheap InvestorAugust 15, 2023August 15, 20230

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist….

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