Latest News on private equities market

The dollar held gains on Thursday as investors rushed to the safety of the world's most liquid currency given the massive disruption to global trade due to the coronavirus pandemic.

The Treasury Department and Internal Revenue Service announced on Wednesday night that Social Security beneficiaries who receive 1099 forms will not have to file tax returns to get government stimulus checks. The announcement reverses guidance the IRS released earlier this week.

Light vehicle sales in the United States fell nearly 27% in March compared with a month earlier, data released by an automotive research group showed on Wednesday, as the coronavirus outbreak intensified and shuttered dealerships across much of the country.

From expensive watches to chocolates and cement, Swiss industry is being battered by the coronavirus epidemic, data showed on Wednesday, with the country's PMI survey sinking to its lowest level in more than a decade.

Crude oil futures jumped nearly 5% in early trading on Thursday after U.S. President Donald Trump said he expected Saudi Arabia and Russia to reach a deal in the next few days to end their oil price war.

IAG-owned British Airways is expected to announce a suspension of about 36,000 of its employees, BBC News reported on Wednesday.

Japan's SoftBank Group Corp will not complete a $3 billion tender offer for additional WeWork shares agreed last year with its shareholders, a special committee of the U.S.-based shared-office operator's board said on Wednesday.

Asian equities fell for a second session on Thursday, after a dire warning about the U.S. coronavirus death toll had investors looking to the safety of dollars and bonds and bracing for more bad news from U.S. jobless figures.

Starbucks Corp on Wednesday said it will extend special coronavirus provisions, including pay increases for workers and closed dining areas, for two weeks to May 3.

Nissan Motor Co said on Wednesday its U.S. auto plants will remain closed through late April to help reduce the spread of the coronavirus.

McKinsey & Company | By Philip B, Reet C., Olivier D., Tobias L., and Marc N  | March 2020 The challenges are immediate, with long-term implications for global, regional, and local economies—and for the payments industry itself. Here’s what to expect. Any projection of industry performance rests on assumptions about overall economic activity. The outlook

Economic stimulus legislation that was passed by Congress last week calls for sending checks of $1,200 for individuals and $2,400 for couples. While individuals who don't typically file tax returns are eligible, they may have to put in that paperwork before they get paid. Both lawmakers and advocacy groups are pushing back on that requirement.

The U.S. benchmark S&P 500 stock index fell more than 4% on Wednesday after a dire warning on the U.S. death toll from the coronavirus sent investors running from even the most defensive equities.

The Treasury Department issued guidelines Tuesday about the $349 billion paycheck protection program, part of the $2 trillion economic bailout package signed into law last week.

The coronavirus crisis is likely to cut home and office building prices, may lead to a permanent shift in the demand for office space, and could push highly indebted households and companies toward default, Boston Federal Reserve bank president Eric Rosengren said on Wednesday.