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U.S. Labor Market Still Tightening; Producer Price Gains Moderate
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U.S. Labor Market Still Tightening; Producer Price Gains Moderate

The Cheap InvestorMay 12, 20220

By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits unexpectedly rose last week,…

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Average long-term US mortgage rates edge up to 5.3%

The Cheap InvestorMay 12, 2022May 13, 20220

WASHINGTON (AP) — Average long-term U.S. mortgage rates edged up again this week, with interest on the key 30-year loan…

Swedish Match Top 10 Investor Says Philip Morris Bid A 'healthy Premium'
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Swedish Match Top 10 Investor Says Philip Morris Bid A ‘healthy Premium’

The Cheap InvestorMay 12, 20220

LONDON (Reuters) – Philip Morris’ $16 billion offer for Stockholm-based Swedish Match represents a “healthy premium” and the Marlboro maker…

Fed Chief Powell's Senate Confirmation Vote Set For Thursday
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Fed Chief Powell’s Senate Confirmation Vote Set For Thursday

The Cheap InvestorMay 12, 20220

WASHINGTON (Reuters) -The U.S. Senate on Thursday is set to decide whether to give Jerome Powell a second term as…

Fears That High Inflation Could Crimp Global Growth Send Dollar To 20-yr High
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Fears That High Inflation Could Crimp Global Growth Send Dollar To 20-yr High

The Cheap InvestorMay 12, 20220

By Chuck Mikolajczak NEW YORK (Reuters) – The dollar climbed to a 20-year high on Thursday as concerns persisted that…

Roche Chairman: Broad Pipeline Can Cushion Blow From Cancer Setback
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Roche Chairman: Broad Pipeline Can Cushion Blow From Cancer Setback

The Cheap InvestorMay 12, 20220

ZURICH (Reuters) – Roche administrative-board Chairman Christoph Franz said on Thursday a wide product development pipeline at the Swiss pharma…

India Consumer Price Inflation Hits Eight-year High On Food, Energy Costs
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India Consumer Price Inflation Hits Eight-year High On Food, Energy Costs

The Cheap InvestorMay 12, 20220

By Manoj Kumar and Aftab Ahmed NEW DELHI (Reuters) -Rising food and energy prices pushed India’s annual retail inflation up…

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Slightly more Americans seek jobless aid last week

The Cheap InvestorMay 12, 2022May 13, 20220

WASHINGTON (AP) — The number of Americans applying for jobless aid ticked up slightly last week but the total number…

U.S. Weekly Jobless Claims Rise; Monthly Producer Price Gains Slow
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U.S. Weekly Jobless Claims Rise; Monthly Producer Price Gains Slow

The Cheap InvestorMay 12, 20220

WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits unexpectedly rose last week, but there is…

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UK warns ‘no choice but to act’ to change Brexit deal

The Cheap InvestorMay 12, 2022May 12, 20220

LONDON (AP) — Britain’s foreign secretary warned the European Union on Thursday that the U.K. will have “no choice but…

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