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SEC claims authority to subpoena Elon Musk about tweets

The Cheap InvestorMarch 22, 2022March 23, 20220

DETROIT (AP) — U.S. securities regulators say they have legal authority to subpoena Tesla and CEO Elon Musk about his…

U.S. Treasury Deputy Europe-bound To Coordinate Sanctions On Russia Over Ukraine
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  • Reuters

U.S. Treasury Deputy Europe-bound To Coordinate Sanctions On Russia Over Ukraine

The Cheap InvestorMarch 22, 20220

By Daphne Psaledakis WASHINGTON (Reuters) – U.S. Deputy Treasury Secretary Wally Adeyemo will travel to Europe next week to coordinate…

Wall Street Pushes Treasury Yields, Stocks Higher
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  • Reuters

Wall Street Pushes Treasury Yields, Stocks Higher

The Cheap InvestorMarch 22, 20220

By Lawrence Delevingne and Elizabeth Howcroft BOSTON/LONDON (Reuters) – U.S. stocks regained ground on Tuesday, while Treasury yields climbed and…

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MacKenzie Scott donates $436 million to Habitat for Humanity

The Cheap InvestorMarch 22, 2022March 23, 20220

MacKenzie Scott has donated $436 million to Habitat for Humanity International and 84 of its U.S. affiliates — the largest…

LME Says It Has No Current Plans To Ban Russian Metal From Its System
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LME Says It Has No Current Plans To Ban Russian Metal From Its System

The Cheap InvestorMarch 22, 20220

By Zandi Shabalala and Pratima Desai LONDON (Reuters) – The London Metal Exchange has no current plans to ban from…

Wall Street Rises As Bank Shares Rally, Nike Boosts Dow
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Wall Street Rises As Bank Shares Rally, Nike Boosts Dow

The Cheap InvestorMarch 22, 20220

(Reuters) – Wall Street’s main indexes opened higher on Tuesday, as bank shares gained on growing bets of aggressive interest…

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The Importance of Nike’s Earnings

The Cheap InvestorMarch 22, 20220

When Fed Chair Jerome Powell provided a hawkish outlook for monetary policy, he emphasized that a strong economy would allow…

Analysis-Climate Goals Take Second Place As EU States Cut Petrol Prices
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  • Reuters

Analysis-Climate Goals Take Second Place As EU States Cut Petrol Prices

The Cheap InvestorMarch 22, 20220

By Gavin Jones ROME (Reuters) – A growing number of European countries are cutting fuel taxes to lower surging pump…

Dow, S&P 500 Set To Open Higher As Bank Stocks, Nike Gain
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  • Reuters

Dow, S&P 500 Set To Open Higher As Bank Stocks, Nike Gain

The Cheap InvestorMarch 22, 20220

By Devik Jain (Reuters) -The Dow and the S&P 500 were set to open higher on Tuesday, as bank shares…

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Tesla opens ‘Gigafactory’ near Berlin, its 1st in Europe

The Cheap InvestorMarch 22, 2022March 23, 20220

BERLIN (AP) — Electric car manufacturer Tesla opened its first European factory Tuesday on the outskirts of Berlin in an…

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