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Shares Drop As Stubborn U.S. Inflation Stokes Worries On Rates, Economy
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  • Reuters

Shares Drop As Stubborn U.S. Inflation Stokes Worries On Rates, Economy

The Cheap InvestorMay 11, 20220

By Tom Westbrook SINGAPORE (Reuters) – Stocks fell and the dollar held firm on Thursday as data showed U.S. inflation…

Exclusive-Facebook-owner Meta Tells Hardware Staffers To Prepare For Cutbacks
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Exclusive-Facebook-owner Meta Tells Hardware Staffers To Prepare For Cutbacks

The Cheap InvestorMay 11, 20220

By Katie Paul (Reuters) -Facebook-owner Meta Platforms Inc is preparing cutbacks in its Reality Labs division, a unit at the…

India's Cbank Likely To Raise Inflation Projection In June Meeting, Consider More Rate Hikes-source
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India’s Cbank Likely To Raise Inflation Projection In June Meeting, Consider More Rate Hikes-source

The Cheap InvestorMay 11, 20220

By Aftab Ahmed and Nupur Anand NEW DELHI (Reuters) – India’s central bank is likely to raise its inflation projection…

Chinese Developer Sunac Misses Bond Repayment, Expects To Miss More
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Chinese Developer Sunac Misses Bond Repayment, Expects To Miss More

The Cheap InvestorMay 11, 20220

HONG KONG (Reuters) – Sunac China did not make an interest payment on a $742 million offshore bond by the…

U.S. Senate Confirms Economist Philip Jefferson To Fed Board
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  • Reuters

U.S. Senate Confirms Economist Philip Jefferson To Fed Board

The Cheap InvestorMay 11, 20220

(Reuters) – The U.S. Senate on Wednesday voted overwhelmingly to confirm Philip Jefferson, an economist and Davidson College’s dean of…

Shares Churn, Close Down; Yields Fall After U.S. Inflation Data
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Shares Churn, Close Down; Yields Fall After U.S. Inflation Data

The Cheap InvestorMay 11, 20220

By Sinéad Carew NEW YORK (Reuters) – Wall Street stocks closed sharply lower and Treasury yields fell in Wednesday’s volatile…

Shop And Work, UK's Tesco Gives Up Supermarket Space For Office Area
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Shop And Work, UK’s Tesco Gives Up Supermarket Space For Office Area

The Cheap InvestorMay 11, 20220

By James Davey LONDON (Reuters) – Tesco, Britain’s biggest retailer, has tied-up with office rental firm IWG so that people…

Citi Looks For New Manager In Delta One Unit -sources
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Citi Looks For New Manager In Delta One Unit -sources

The Cheap InvestorMay 11, 20220

(Corrects the headline and recasts the May 10 article to clarify Omari’s departure was unrelated to the flash crash) By…

Bitcoin Falls 7.2% To $28,758
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Bitcoin Falls 7.2% To $28,758

The Cheap InvestorMay 11, 20220

(Reuters) – Bitcoin fell 7.23% to $28,758.29 at 22:05 GMT on Wednesday, losing $2,241.68 from its previous close. Bitcoin, the…

Dating App Owner Bumble Beats Estimates On Strong User Growth
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Dating App Owner Bumble Beats Estimates On Strong User Growth

The Cheap InvestorMay 11, 20220

(Reuters) -Bumble Inc beat first-quarter profit and revenue estimates on Wednesday, helped by a rise in paying members crowding its…

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