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Japan records trade deficit as imports surge on energy costs

The Cheap InvestorMay 18, 2022May 19, 20220

TOKYO (AP) — Japan recorded a trade deficit in April as its imports ballooned 28% due to soaring energy costs…

Australian Jobless Rate At Lowest Since 1974 In April
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  • Reuters

Australian Jobless Rate At Lowest Since 1974 In April

The Cheap InvestorMay 18, 20220

SYDNEY (Reuters) – Australia’s unemployment rate stood at its lowest in almost 50 years in April as firms took on…

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‘Pharma Bro’ Shkreli freed from prison for halfway house

The Cheap InvestorMay 18, 2022May 18, 20220

NEW YORK (AP) — Convicted pharmaceutical executive Martin Shkreli was freed Wednesday from prison after serving much of a seven-year…

Wall Street Ends Sharply Lower As Target And Growth Stocks Sink
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  • Reuters

Wall Street Ends Sharply Lower As Target And Growth Stocks Sink

The Cheap InvestorMay 18, 20220

By Noel Randewich and Amruta Khandekar (Reuters) – Wall Street ended sharply lower on Wednesday, with Target losing around a…

Melvin Capital To Shut After Heavy Losses On Meme Stocks, Market Slump
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  • Reuters

Melvin Capital To Shut After Heavy Losses On Meme Stocks, Market Slump

The Cheap InvestorMay 18, 20220

By Svea Herbst-Bayliss (Reuters) -Melvin Capital, once one of Wall Street’s most successful hedge funds which then lost billions in…

U.S. Agency Opens Probe Into Fatal Tesla Vehicle Crash That Killed Three
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  • Reuters

U.S. Agency Opens Probe Into Fatal Tesla Vehicle Crash That Killed Three

The Cheap InvestorMay 18, 20220

By David Shepardson WASHINGTON (Reuters) -A U.S. auto safety agency said Wednesday it has opened an investigation into a fatal…

Exclusive-Japan Inc Turns Against Central Bank's Monetary Stimulus, Reuters Survey Shows
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  • Reuters

Exclusive-Japan Inc Turns Against Central Bank’s Monetary Stimulus, Reuters Survey Shows

The Cheap InvestorMay 18, 20220

By Tetsushi Kajimoto TOKYO (Reuters) – More than 60% of Japanese companies want the central bank to end its policy…

New York Times Pauses Return To Office For Workers
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New York Times Pauses Return To Office For Workers

The Cheap InvestorMay 18, 20220

(Reuters) – The New York Times Co said on Wednesday it is pausing its plan to ask employees to return…

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Court: Some rail rate talks allowed in price-fixing suits

The Cheap InvestorMay 18, 2022May 18, 20220

OMAHA, Neb. (AP) — A federal appeals court has ruled that details of some of the conversations between the nation’s…

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US stocks got close to a bear market. Here’s what that means

The Cheap InvestorMay 18, 2022May 22, 20220

NEW YORK (AP) — The bear came close to Wall Street but then backed off. The stock market’s slump this…

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