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CarMax says vehicle affordability remains a challenge, cost cuts help profit

The Cheap InvestorJune 23, 2023June 23, 20230

By Kannaki Deka (Reuters) -CarMax Inc said on Friday that vehicle affordability remains a challenge due to high interest rates…

  • Business
  • Economy

Southwest Airlines reaches tentative agreement with mechanics union

The Cheap InvestorJune 23, 2023June 23, 20230

(Reuters) – Southwest Airlines said on Friday it had reached a tentative agreement with the union representing the company’s mechanics…

  • Asia
  • Business

Cathay Pacific sees first HY profit in 3 years on travel rebound

The Cheap InvestorJune 23, 2023June 23, 20230

(Reuters) -Hong Kong’s Cathay Pacific Airways on Friday forecast its first half-year profit in three years, buoyed by a strong…

  • Business
  • Economy

US business activity growth slows in June but services keep humming along

The Cheap InvestorJune 23, 2023June 23, 20230

By Dan Burns (Reuters) – U.S. business activity fell to a three-month low in June as services growth eased for…

  • Business
  • Economy

Exclusive-Fed’s Daly: two more US rate hikes a ‘very reasonable’ projection

The Cheap InvestorJune 23, 2023June 23, 20230

By Ann Saphir SAN FRANCISCO (Reuters) – Two more U.S. interest-rate hikes this year is a “very reasonable” projection, San…

  • Asia
  • Business

US new vehicle sales set to rise in June on improving supply – report

The Cheap InvestorJune 23, 2023June 23, 20230

(Reuters) – New vehicle sales in the United States are seen to rise in June, according to a joint forecast…

  • Asia
  • Canada

Families of Titanic sub’s victims could still sue despite liability waivers 

The Cheap InvestorJune 23, 2023June 23, 20230

By Jack Queen (Reuters) -Liability waivers signed by passengers on a submersible lost at sea during a dive to the…

  • Asia
  • Europe

Russia won’t tell US number of nuclear warheads in Belarus

The Cheap InvestorJune 23, 2023June 23, 20230

(Reuters) – Russia will not inform the U.S. about the number of nuclear warheads it is stationing in Belarus or…

  • Business
  • Economy

EBRD lends 50 million euros to Ukraine’s Ukreximbank

The Cheap InvestorJune 23, 2023June 23, 20230

KYIV (Reuters) – The European Bank for Reconstruction and Development will provide a 50-million-euro ($54 million) loan to one of…

  • Africa
  • Business

Rich nations pledge to unlock hundreds of billions of dollars for climate fight

The Cheap InvestorJune 23, 2023June 23, 20230

By John Irish and Leigh Thomas PARIS (Reuters) -Multilateral development banks like the World Bank are expected to find $200…

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