Latest News on private equities market

Mild weather bolsters U.S. private payrolls in February

Mild weather bolsters U.S. private payrolls in February

U.S. private payrolls increased more than expected in February, pointing to labor market strength before a recent escalation of recession fears ignited by the coronavirus epidemic that prompted an emergency interest rate cut from the Federal Reserve.



6 years ago
Next Bank of England governor Bailey tells UK firms to expect coronavirus help

Next Bank of England governor Bailey tells UK firms to expect coronavirus help

Andrew Bailey, who is due to become Bank of England governor this month with Britain facing an economic hit from coronavirus, said financial support would probably have to be provided for companies struggling with disruption caused by the outbreak.



6 years ago
Top French court deals blow to Uber by giving driver 'employee' status

Top French court deals blow to Uber by giving driver 'employee' status

France's top court has recognized the right of an Uber driver to be considered an employee, in a ruling that could upend the U.S. firm's business model and potentially require it to pay more taxes as well as benefits such as paid holidays.



6 years ago
How long $1 million in retirement lasts in cities across the U.S.

How long $1 million in retirement lasts in cities across the U.S.

Dollars will stretch the farthest in cities like Memphis, Tennessee, but in San Francisco, retirees can blow through $1 million in less than a decade.

6 years ago
Fiat's U.S. sales chief Reid Bigland who sued the company steps down

Fiat's U.S. sales chief Reid Bigland who sued the company steps down

Fiat Chrysler Automobiles said on Wednesday its U.S. sales chief, Reid Bigland, is leaving the company to pursue other interests.



6 years ago
Top French court recognizes Uber driver as employee

Top French court recognizes Uber driver as employee

France's high court has granted an Uber driver's request to reclassify his contractual relationship with the ride-hailing operator as an employment contract, it said on Wednesday.



6 years ago
Follow the Fed? Why central banks won't be rushed on virus response

Follow the Fed? Why central banks won't be rushed on virus response

Will the world's big central banks leave U.S. Federal Reserve Chair Jerome Powell hanging? They're certainly going to try.



6 years ago
After the tax law changes, millions of households avoided the AMT hit last year

After the tax law changes, millions of households avoided the AMT hit last year

The alternative minimum tax — a levy that applies to high-income households — is mostly a thing of the past. While nearly 5 million households were subject to it in 2017, fewer than 150,000 people paid it in 2018, the IRS found.

6 years ago
Wall Street jumps after Biden's Super Tuesday surge

Wall Street jumps after Biden's Super Tuesday surge

U.S. stocks jumped more than 2% moments after the open on Wednesday as investors cheered Joe Biden's surprise lead in the Democratic primaries.



6 years ago
Those recent market losses could help you save on taxes

Those recent market losses could help you save on taxes

Your stock portfolio may be in the red, but it doesn't have to be all bad news for your finances. Tax-loss harvesting allows you to ditch your biggest losers and trim your tax bill.

6 years ago
Futures surge after Biden's resurgence in Democratic primaries

Futures surge after Biden's resurgence in Democratic primaries

U.S. stock markets looked set to cheer a strong showing for Joe Biden in the Super Tuesday Democratic primaries on Wednesday, with Dow and S&P index futures rebounding around 2% from heavy losses a day earlier.



6 years ago
GE sticks to 2020 targets, says coronavirus to hit cashflow by up to $500 million

GE sticks to 2020 targets, says coronavirus to hit cashflow by up to $500 million

General Electric Co on Wednesday reiterated its 2020 cash and profit targets but warned its first-quarter cash flow would take a hit of $300 million to $500 million due to the coronavirus outbreak.



6 years ago
Global markets: Bonds hold gains after Fed's surprise rate cut

Global markets: Bonds hold gains after Fed's surprise rate cut

Bonds held onto gains on Wednesday after the U.S. Federal Reserve's surprise 50 basis point interest rate cut, part of global efforts to contain economic damage from the coronavirus outbreak.



6 years ago
Tory Burch: 'I got my fair share of patronizing pats on the back when starting out'

Tory Burch: 'I got my fair share of patronizing pats on the back when starting out'

Tory Burch, the fashion icon who launched a preppy-chic lifestyle brand in 2004 and turned it into a $1.5 billion empire, is on a mission: to advance women empowerment and entrepreneurship by shattering stereotypes and creating new norms.

6 years ago
Oil rises more than 1% ahead of OPEC meeting to discuss supply cuts

Oil rises more than 1% ahead of OPEC meeting to discuss supply cuts

Oil prices rose more than 1% on Thursday ahead of an OPEC meeting in which Saudi Arabia is expected to push the group and its allies including Russia to agree to further output cuts to support the market.



6 years ago