Latest News on private equities market

Mexico union threatens Home Depot strike, inspired by USMCA trade deal

Spurred on by labor protections in the new North American trade deal, a top Mexican trade union has accused Home Depot of blocking union activity and threatened strikes next week if the U.S. home improvement chain does not improve pay and benefits for workers.



5 years ago

Stocks hit new peaks on trade deal as oil slips on demand worries

Key world stock market indexes climbed to new records on Wednesday on hopes a U.S.-China trade deal will reduce tensions, but oil prices slid on doubts the pact will spur world growth and boost crude demand.



5 years ago

U.S. producer prices tick up as inflation remains benign

U.S. producer prices edged up in December as a rise in the cost of goods was offset by weakness in services, the latest indication of tame inflation pressures that could allow the Federal Reserve to keep interest rates unchanged this year.



5 years ago

UnitedHealth bets on government health plan growth in 2020

UnitedHealth Group Inc , the largest U.S. health insurer, reported a better-than-expected fourth-quarter profit on Wednesday, and said it expects strong sales of its government health plans this year.



5 years ago

Oil falls on U.S. gasoline, distillate stock builds, record crude output

Oil prices on Wednesday fell about 1% to their lowest in over a month, after a U.S. report showed big increases in gasoline and distillates inventories and as crude production rose to a new record.



5 years ago

Pratt & Whitney expects approval for GTF engine on A220 jet in spring

A software update for the GTF engine on the A220 jet is expected in the spring, pending regulatory approval, Graham Webb, vice president of Pratt & Whitney commercial engine programs said on Wednesday.



5 years ago

JP Morgan's trading guru says the market is underappreciating the risk of a conflict with Iran

The market is ignoring ongoing US-Iran tensions, which is a mistake, according to JPMorgan's Marko Kolanovic.

5 years ago

U.S., China reset trade relationship with Phase 1 agreement

The United States and China announced an initial trade deal on Wednesday that will roll back some tariffs and boost Chinese purchases of U.S. goods and services, defusing an 18-month conflict between the world's two largest economies.



5 years ago

Here's how your Social Security cost-of-living adjustment is calculated – and what it could look like in 2021

Retirees living on fixed budgets count on one change every year: Social Security's annual cost-of-living adjustment. In 2020, beneficiaries got a 1.6% increase to their checks. New estimates point to how much next year's boost may be based on current data.

5 years ago

China to boost U.S. purchases by $76.7 billion in first year of trade deal: text

China has agreed to increase purchase $76.7 billion worth of U.S. goods in the first year of the newly signed Phase 1 trade deal with the United States, with $123.3 billion slated for the second year, according to the text of the agreement released on Wednesday.



5 years ago

China's Xi tells Trump he welcomes Phase 1 trade deal

Chinese President Xi Jinping told U.S. President Donald Trump in a letter that he welcomes the Phase 1 trade deal reached with the United States and that he is willing to stay in close touch with the American leader.



5 years ago

Wall Street pares gains after U.S., China sign Phase 1 trade deal

U.S. stocks came off their session highs on Wednesday after the United States and China signed a long-awaited Phase 1 trade deal that will roll back some tariffs and boost Chinese purchases of U.S. goods and services.



5 years ago

Trump urges Boeing to move fast on resolving 737 MAX issues

U.S. President Donald Trump on Wednesday urged Boeing Co to move quickly to resolve issues with the grounded 737 MAX, noting the planemaker's significant impact on the U.S. economy.



5 years ago

What's in the U.S.-China Phase 1 trade deal

U.S. President Donald Trump and Chinese Vice Premier Liu He signed a deal on Wednesday in the White House that cut some U.S. tariffs on Chinese goods in exchange for Chinese pledges to purchase more of American farm, energy and manufactured goods and address some U.S. complaints about intellectual property practices.



5 years ago

Goldman pledges 'concrete' expense target after profit decline

Goldman Sachs Group Inc will set an expense target at its investor day later this month, management said on Wednesday, after the bank missed Wall Street profit expectations due to inflated costs.



5 years ago