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Dollar skids to three-week low as US inflation data reinforces Fed pause view

The Cheap InvestorJune 13, 2023June 13, 20230

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar dropped to a three-week low on Tuesday on news of the…

  • Asia
  • Australia

Stocks jump, dollar eases as inflation data suggests Fed pause

The Cheap InvestorJune 13, 2023June 13, 20230

By Herbert Lash NEW YORK (Reuters) – Global shares rallied and the dollar eased on Tuesday after U.S. consumer price…

  • Business
  • Economy

US bank shares rise on inflation data, positive Wells Fargo comments

The Cheap InvestorJune 13, 2023June 13, 20230

By Manya Saini and Chibuike Oguh (Reuters) -Shares of U.S. banks rose on Tuesday after a smaller-than-expected rise in inflation…

  • Business

Bunge, Viterra will merge to form $34 billion agri-trading powerhouse

The Cheap InvestorJune 13, 2023June 13, 20230

By Karl Plume and Anirban Sen CHICAGO (Reuters) -U.S. grains merchant Bunge and Glencore-backed Viterra are merging to create an…

  • US

Ten people shot in Denver after city’s NBA team wins championship

The Cheap InvestorJune 13, 2023June 13, 20230

By Keith Coffman and Brendan O’Brien DENVER (Reuters) -Ten people were wounded in an apparently drug-related shooting in downtown Denver…

  • Asia
  • Business

Oil prices settle more than 3% higher after China rate cut

The Cheap InvestorJune 13, 2023June 13, 20230

By Stephanie Kelly NEW YORK (Reuters) -Oil prices climbed over 3% on Tuesday on hopes for growing fuel demand after…

  • Business
  • Europe

Stellantis says it is evaluating Tesla’s charging standard

The Cheap InvestorJune 13, 2023June 13, 20230

By Joseph White and Norihiko Shirouzu DETROIT/AUSTIN, Texas (Reuters) -Automaker Stellantis said on Tuesday that it continues to evaluate Tesla’s…

  • Business
  • Economy

Tyson Foods to lay off 228 employees near Chicago who decline move to Arkansas

The Cheap InvestorJune 13, 2023June 13, 20230

CHICAGO (Reuters) – Tyson Foods, which is seeking to cut costs, will lay off 228 corporate employees in Illinois who…

  • Business
  • US

3M seeks to revive bankruptcy to resolve military earplug mass tort

The Cheap InvestorJune 13, 2023June 13, 20230

By Dietrich Knauth NEW YORK (Reuters) -A 3M subsidiary appealed the dismissal of its bankruptcy case late Monday, challenging a…

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Explainer-What the Trump indictment means for his political campaign

The Cheap InvestorJune 13, 2023June 13, 20230

By Jack Queen (Reuters) – Former President Donald Trump has been indicted for illegally retaining classified government documents after leaving…

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