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US electricity and gasoline prices push up energy sector inflation

The Cheap InvestorApril 10, 2024April 10, 20240

NEW YORK (Reuters) – U.S. electricity and gasoline prices increased sharply in March, with electricity up 0.9% and gasoline up…

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Fed seen cutting US interest rates later, and less, as inflation stays hot

The Cheap InvestorApril 10, 2024April 10, 20240

By Ann Saphir (Reuters) -Prospects for a first Federal Reserve interest-rate cut before the end of summer — or even…

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Biden administration says Enbridge pipeline shutdown order should be reconsidered

The Cheap InvestorApril 10, 2024April 10, 20240

By Clark Mindock and Rod Nickel (Reuters) -The Biden administration has urged a U.S. appeals court to tell a lower…

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US CDC says bird flu risk low, but asks states to be ready with testing

The Cheap InvestorApril 10, 2024April 10, 20240

(This April 8 story has been corrected to remove reference to rapid testing, in the headline) (Reuters) – The U.S….

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Google unveils Arm-based data center processor, new AI chip

The Cheap InvestorApril 9, 2024April 10, 20240

By Max A. Cherney SAN FRANCISCO (Reuters) – Google on Tuesday revealed the details of a new version of its…

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JPMorgan names CEO Dimon’s potential successors including Piepszak, Lake

The Cheap InvestorApril 8, 2024April 9, 20240

By Manya Saini and Nupur Anand (Reuters) -JPMorgan Chase’s board identified potential successors to CEO Jamie Dimon, paving the way…

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Tesla’s Musk predicts AI will be smarter than the smartest human next year

The Cheap InvestorApril 8, 2024April 9, 20240

(Reuters) -Tesla CEO Elon Musk on Monday predicted development of artificial intelligence that was smarter than the smartest human probably…

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Retailer 99 Cents Only files for bankruptcy, plans to shut down

The Cheap InvestorApril 8, 2024April 9, 20240

By Dietrich Knauth NEW YORK (Reuters) – Budget retailer 99 Cents Only filed for Chapter 11 bankruptcy protection in Delaware…

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JPMorgan CEO Dimon hails US power in policy-focused letter to investors

The Cheap InvestorApril 8, 2024April 8, 20240

By Nupur Anand NEW YORK (Reuters) -JPMorgan Chase CEO Jamie Dimon hailed U.S. leadership and economic power in an annual…

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BofA says its virtual financial assistant used more than 2 billion times

The Cheap InvestorApril 8, 2024April 9, 20240

(Reuters) – Over 42 million customers have used Bank of America’s virtual financial assistant more than 2 billion times since…

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