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Nasdaq edges up, S&P 500, Dow decline slightly; more Fed rate hikes in focus

The Cheap InvestorJune 28, 2023June 28, 20230

By Sinéad Carew, Sruthi Shankar and Johann M Cherian (Reuters) – The Nasdaq managed a small gain on Wednesday with…

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  • US

Exclusive-Exxon Mobil expands lithium bet with Tetra Technologies deal

The Cheap InvestorJune 28, 2023June 28, 20230

By Ernest Scheyder (Reuters) – Exxon Mobil has agreed to develop more than 6,100 lithium-rich acres in Arkansas with Tetra…

  • Asia
  • Politics

Yellen hopes to travel to China to ‘reestablish contact’

The Cheap InvestorJune 28, 2023June 28, 20230

(Reuters) -U.S. Treasury Secretary Janet Yellen said she hopes to travel to China to reestablish contact with Beijing, acknowledging there…

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  • Economy

US banks shrug off turmoil to ace Fed’s annual health checks

The Cheap InvestorJune 28, 2023June 28, 20230

By Pete Schroeder WASHINGTON (Reuters) -Big U.S. banks sailed through the Federal Reserve’s annual health check on Wednesday, in a…

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Inflation hits royal finances as King Charles turns down heating to save emissions

The Cheap InvestorJune 28, 2023June 28, 20230

LONDON (Reuters) – Soaring inflation has hit the finances of the British royals, pushing up expenditure, Buckingham Palace said on…

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Brands focus on stories in refining China livestreaming to boost profits

The Cheap InvestorJune 28, 2023June 28, 20230

By Casey Hall SHANGHAI (Reuters) – When tech giant Apple joined China’s livestreaming frenzy, a major driving force of the…

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EV maker Lordstown Motors begins bankruptcy embroiled in disputes

The Cheap InvestorJune 28, 2023June 28, 20230

By Dietrich Knauth NEW YORK (Reuters) – U.S. electric truck manufacturer Lordstown Motors began its bankruptcy case embroiled in litigation,…

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  • Economy

ECB’s Centeno sees monetary policy pausing soon

The Cheap InvestorJune 28, 2023June 28, 20230

LISBON (Reuters) – The European Central Bank is close to being able to pause the trajectory of rising interest rates…

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  • Technology

Oracle spending ‘billions’ on Nvidia chips this year – Ellison

The Cheap InvestorJune 28, 2023June 28, 20230

By Stephen Nellis MENLO PARK, California (Reuters) – Oracle Corp is spending “billions” of dollars on chips from Nvidia Corp…

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Smoke hangs over U.S. Midwest, East, hurting air quality

The Cheap InvestorJune 28, 2023June 28, 20230

By Brendan O’Brien and Kanishka Singh CHICAGO/WASHINGTON (Reuters) -Hazy, smoke-filled skies from raging Canadian wildfires hovered Wednesday over the U.S….

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