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Tesla posts record profit, won’t produce new models in 2022

The Cheap InvestorJanuary 26, 2022January 27, 20220

DETROIT (AP) — Tesla Inc. on Wednesday posted record fourth-quarter and full-year earnings as deliveries of its electric vehicles soared…

Chevron Raises Quarterly Dividend By 8 Cents
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  • Reuters

Chevron Raises Quarterly Dividend By 8 Cents

The Cheap InvestorJanuary 26, 20220

(Reuters) – Chevron Corp on Wednesday raised its quarterly dividend by 8 cents to $1.42 per share as prices for…

Levi Strauss Beats Quarterly Revenue Estimates On Robust Denim Demand
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Levi Strauss Beats Quarterly Revenue Estimates On Robust Denim Demand

The Cheap InvestorJanuary 26, 20220

(Reuters) – Levi Strauss & Co beat market estimates for quarterly revenue on Wednesday, as the denim maker benefited from…

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How Fed hikes could affect mortgages, car loans, card rates

The Cheap InvestorJanuary 26, 2022January 27, 20220

WASHINGTON (AP) — Will mortgage rates go up? How about car loans? Credit cards? How about those nearly invisible rates…

FOMC Reaffirms March For Taper End, And, Maybe, Rate Hike
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FOMC Reaffirms March For Taper End, And, Maybe, Rate Hike

The Cheap InvestorJanuary 26, 20220

NEW YORK (Reuters) – The Federal Reserve on Wednesday signaled it is likely to raise U.S. interest rates in March…

Dollar Rises To Three-week High After Fed Decision
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Dollar Rises To Three-week High After Fed Decision

The Cheap InvestorJanuary 26, 20220

By Herbert Lash NEW YORK (Reuters) – The dollar rose to a three-week on Wednesday after the Federal Reserve signaled…

Defence Company Leonardo Has Made No Decision On DRS Business Sale
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Defence Company Leonardo Has Made No Decision On DRS Business Sale

The Cheap InvestorJanuary 26, 20220

MILAN (Reuters) – Defence and aerospace group Leonardo said on Wednesday it had not taken a formal decision about a…

Chevron Shares Hit Record High Ahead Of 4th-quarter Results
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  • Reuters

Chevron Shares Hit Record High Ahead Of 4th-quarter Results

The Cheap InvestorJanuary 26, 20220

By Sabrina Valle HOUSTON (Reuters) – Shares of U.S. oil major Chevron Corp on Wednesday hit an all-time high amid…

UBS Steps Up U.S. Push With $1.4 Billion Wealthfront Purchase
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UBS Steps Up U.S. Push With $1.4 Billion Wealthfront Purchase

The Cheap InvestorJanuary 26, 20220

By Michael Shields ZURICH (Reuters) – Swiss bank UBS has agreed to buy U.S.-focused automated wealth management provider Wealthfront, which…

Oil Breaks $90/bbl For The First Time Since 2014 On Russia Tensions
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  • Reuters

Oil Breaks $90/bbl For The First Time Since 2014 On Russia Tensions

The Cheap InvestorJanuary 26, 20220

By David Gaffen NEW YORK (Reuters) – Oil touched $90 a barrel for the first time in seven years on…

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