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Fed’s Powell: Russia’s war on Ukraine will worsen inflation

The Cheap InvestorMarch 3, 2022March 6, 20220

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell warned Thursday that Russia’s invasion of Ukraine, which has already driven up…

Fed's Powell: Ukraine War Impact Uncertain But Could Hit Spending, Investment
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  • Reuters

Fed’s Powell: Ukraine War Impact Uncertain But Could Hit Spending, Investment

The Cheap InvestorMarch 3, 20220

By Howard Schneider WASHINGTON (Reuters) – Russia’s war in Ukraine could hit the U.S. economy across a variety of channels…

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Musk invites auto union to hold organizing vote at factory

The Cheap InvestorMarch 3, 2022March 4, 20220

DETROIT (AP) — Elon Musk is inviting the United Auto Workers union to hold an organizing vote at Tesla’s factory…

No Restrictions On Paying Debts To Non-residents In FX, Says Russian Central Bank
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  • Reuters

No Restrictions On Paying Debts To Non-residents In FX, Says Russian Central Bank

The Cheap InvestorMarch 3, 20220

MOSCOW (Reuters) – No restrictions stopping people from paying debts in foreign currency to a foreign company or bank have…

Sacklers To Pay Up To $6 Billion To Resolve Purdue Opioid Lawsuits - Mediator
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  • Reuters

Sacklers To Pay Up To $6 Billion To Resolve Purdue Opioid Lawsuits – Mediator

The Cheap InvestorMarch 3, 20220

By Jonathan Stempel (Reuters) – The Sackler family owners of Purdue Pharma LP reached a deal with nine attorneys general…

Citigroup Unsure About Future Of Ukraine Business, Wary Of Cyber Threat -CEO
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Citigroup Unsure About Future Of Ukraine Business, Wary Of Cyber Threat -CEO

The Cheap InvestorMarch 3, 20220

NEW YORK (Reuters) – Citigroup is uncertain how long it will be able to keep its operations in Ukraine running…

U.S. Weekly Jobless Claims Decline Further As Labor Market Tightens
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  • Reuters

U.S. Weekly Jobless Claims Decline Further As Labor Market Tightens

The Cheap InvestorMarch 3, 20220

By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits dropped to their lowest…

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Twitter expands Birdwatch, its crowdsourced fact check pilot

The Cheap InvestorMarch 3, 2022March 3, 20220

Twitter is expanding Birdwatch, its crowd-sourced fact checking project it started as a small and little-publicized pilot program more than…

Saudi Crown Prince Plays The Oil Card In Quest For U.S. Recognition
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  • Reuters

Saudi Crown Prince Plays The Oil Card In Quest For U.S. Recognition

The Cheap InvestorMarch 3, 20220

By Marwa Rashad, Samia Nakhoul and Ghaida Ghantous DUBAI (Reuters) – Saudi Arabia’s crown prince says he simply doesn’t care…

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Best Buy reports Q4 sales miss hurt by supply chain clogs

The Cheap InvestorMarch 3, 2022March 3, 20220

NEW YORK (AP) — Best Buy reported a shortfall in sales for the holiday quarter as the nation’s largest electronics…

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