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US CIA chief Burns visited China in May

The Cheap InvestorJune 2, 2023June 2, 20230

By Michael Martina and Trevor Hunnicutt WASHINGTON (Reuters) -CIA director William Burns visited China last month for talks with Chinese…

  • Asia
  • Business

Oil up over 2% after US debt deal and jobs data; focus turns to OPEC+

The Cheap InvestorJune 2, 2023June 2, 20230

By Scott DiSavino NEW YORK (Reuters) -Oil prices rose over 2% on Friday after the U.S. Congress passed a debt…

  • Asia
  • Middle East

Analysis-U.S. seeks to mend frayed Saudi ties with second high-level trip

The Cheap InvestorJune 2, 2023June 2, 20230

By Jonathan Landay, Arshad Mohammed and Humeyra Pamuk WASHINGTON (Reuters) – With two high-level visits in less than a month,…

  • Business
  • Economy

Outsized US job gains may mask signs of weakness

The Cheap InvestorJune 2, 2023June 2, 20230

By Howard Schneider WASHINGTON (Reuters) – The gain of 339,000 U.S. payroll jobs in May was a blockbuster number, nearly…

  • Business
  • Economy

Tyson Foods to cut 262 employees in South Dakota who opt not to relocate

The Cheap InvestorJune 2, 2023June 2, 20230

CHICAGO (Reuters) – Tyson Foods Inc will terminate about 262 employees in South Dakota who chose not to relocate to…

  • Business
  • Central America

Citigroup CEO says Mexico IPO is best for shareholders, other sales going well

The Cheap InvestorJune 2, 2023June 2, 20230

By Tatiana Bautzer and Saeed Azhar NEW YORK (Reuters) – Citigroup Inc CEO Jane Fraser said scrapping the sale of…

  • Business
  • Economy

US employers boost hiring in May, but labor market losing steam

The Cheap InvestorJune 2, 2023June 2, 20230

By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth accelerated in May, but a surge in the unemployment rate to…

  • Business
  • Economy

Fitch keeps U.S. credit rating on negative watch despite debt limit deal

The Cheap InvestorJune 2, 2023June 2, 20230

(Reuters) -The United States’ “AAA” credit rating will remain on negative watch, despite a debt limit agreement that will allow…

  • Asia
  • Economy

Argentina doubles China currency swap access to $10 billion

The Cheap InvestorJune 2, 2023June 2, 20230

By Eliana Raszewski BUENOS AIRES (Reuters) -Argentina has signed a deal to renew its currency swap line with China and…

  • Business
  • Economy

Analysis-Risk of US downgrade still on the cards despite debt deal

The Cheap InvestorJune 2, 2023June 2, 20230

By Davide Barbuscia NEW YORK (Reuters) -While a U.S. default on its debt has been averted, the possibility of another…

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