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Wall St ends sharply lower as hot inflation sparks sell-off

The Cheap InvestorFebruary 13, 2024February 13, 20240

By Johann M Cherian, Ankika Biswas and Carolina Mandl (Reuters) -Wall Street’s main indexes tumbled on Tuesday after a higher-than-expected…

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NYCB shares drop as rate worries add to CRE exposure risk

The Cheap InvestorFebruary 13, 2024February 13, 20240

By Niket Nishant (Reuters) -New York Community Bancorp shares fell nearly 4% after inflation data on Tuesday on investor worries…

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Oil up on geopolitical tension, gains capped by fading Fed rate-cut hopes

The Cheap InvestorFebruary 13, 2024February 13, 20240

By Georgina McCartney Houston (Reuters) -Oil prices settled higher on Tuesday as geopolitical tensions continued in the Middle East and…

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NYCB shares end lower as earlier gains evaporate

The Cheap InvestorFebruary 12, 2024February 12, 20240

(Reuters) -New York Community Bancorp shares gave up earlier gains to close with a small loss on Monday, though some…

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NY Fed survey finds stability in January inflation expectations

The Cheap InvestorFebruary 12, 2024February 12, 20240

By Michael S. Derby NEW YORK (Reuters) -Americans reported a fairly stable outlook for inflation at the start of the…

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Arm Holdings jumps over 40%, adds to staggering AI-powered rally

The Cheap InvestorFebruary 12, 2024February 12, 20240

By Noel Randewich (Reuters) – Shares of Arm Holdings surged more than 40% on Monday, adding to a staggering rally…

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Diamondback sets $26 billion deal for shale oil rival Endeavor Energy

The Cheap InvestorFebruary 12, 2024February 12, 20240

By Seher Dareen and Arunima Kumar (Reuters) -U.S. oil producer Diamondback Energy said on Monday it would buy privately held…

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Trump-backing US Senate Republicans souring on longtime leader McConnell

The Cheap InvestorFebruary 11, 2024February 11, 20240

By David Morgan WASHINGTON (Reuters) – Top U.S. Senate Republican Mitch McConnell’s negotiations with Democrats to try to secure more…

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Jeff Bezos sells roughly $2 billion of Amazon shares

The Cheap InvestorFebruary 10, 2024February 11, 20240

(Reuters) – Amazon.com founder Jeff Bezos sold around 12 million shares of the online retail and cloud services firm for…

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Tesla temporarily slashes prices for some Model Y cars in the US

The Cheap InvestorFebruary 10, 2024February 11, 20240

(Reuters) -Tesla Inc has temporarily cut prices of some of its Model Y cars in the U.S. until Feb. 29,…

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