Latest News on private equities market

U.S. consumer prices rise slightly; underlying inflation muted

U.S. consumer prices rose slightly less than expected in December and monthly underlying inflation pressures retreated, which could allow the Federal Reserve to keep interest rates unchanged at least through this year.



5 years ago

With Plaid Acquisition, Visa Makes a Big Play for the ‘Plumbing’ That Connects the Fintech World

Fortune | Rey Mashayekhi | Jan 14, 2020 In late 2018, payments giants Visa and Mastercard both invested in fintech startup Plaid through a $250 million funding round that valued San Francisco-based firm at an impressive $2.65 billion. Described as “strategic investments,” the two financial services heavyweights sought not only to provide Plaid with financial

5 years ago

Elizabeth Warren says her plan to eliminate student loan debt can bypass Congress

The plan, which comes weeks before voting begins in the first primary and caucus states, adds urgency to legislation she introduced over the summer to cancel the bulk of the nation's outstanding student debt.

5 years ago

Money moving into environmental funds shatters previous record

Sustainable investment funds, also known as impact or ESG funds, raked in nearly four times as much money last year as in 2018.

5 years ago

For Jamie Dimon, retirement from JP Morgan is always five years away

It's understandable that Dimon, 63, doesn't want to think about stepping down now right now.

5 years ago

U.S. Supreme Court tosses lower court ruling that allowed IBM retirement fund suit

The U.S. Supreme Court on Tuesday threw out a lower court ruling that allowed a lawsuit to proceed against managers of a retirement fund for IBM Corp employees centering on allegations that officials failed to disclose that IBM's microelectronics business was over-valued.



5 years ago

Cramer on BlackRock's climate change investing shift: 'Tesla is the ultimate Larry Fink stock'

"If you're wanting to be in Larry Fink's dictum, you would sell GM and Ford, which aren't doing enough versus Tesla," the "Mad Money" host said.

5 years ago

Former Stobart boss Tinkler dumps stake in company

Former boss and the fifth-largest shareholder of Stobart Group Ltd Andrew Tinkler dissolved his stake in the infrastructure and support services company, according to a regulatory filing on Tuesday.



5 years ago

If you'll hit age 65 soon and are still working, here's what to do about Medicare

With a growing share of older Americans working, more are faced with making a decision about Medicare when they turn 65 because they already have health insurance through their job. Here are costs and rules to consider.

5 years ago

Tesla rally sends Wall Street analysts scrambling to catch up

Nearly a dozen Wall Street firms have adjusted estimates for Tesla since the beginning of the year.

5 years ago

SmileDirectClub jumps on plans to start selling aligners to dentists

Shares of SmileDirectClub Inc rose 17.4% on Tuesday after the online dentistry company said it would sell aligners directly to dentists, widening its distribution channel after a deal with rival Align Technology Inc expired last month.



5 years ago

America is $23 trillion in debt. What that means for your budget

The U.S. is $23 trillion in the red. Here's what that means for your personal finances.

5 years ago

Yen weakens as risk appetite improves before trade deal

China's yuan was slightly weaker on Tuesday after earlier hitting its highest level since July, while the Japanese yen dropped to eight-month lows before the United States and China are due to sign a preliminary trade agreement to ease their 18-month old tariff war.



5 years ago

Stock rally stalls ahead of U.S.-China trade deal, oil gains

Equity markets traded little changed globally on Tuesday as investors awaited the signing of the China-U.S. trade deal, while oil prices rose on hopes the agreement will help revive the world's sluggish economy.



5 years ago

Amazon boss Jeff Bezos arrives in India as local traders plan protests

Amazon.com Inc founder Jeff Bezos arrived in India on Tuesday, according to a post on his Twitter account, as thousands of small traders across 300 cities planned protests, claiming the firm is distorting local retail market.



5 years ago