Latest News on private equities market

Oil eases on growing U.S. stockpiles; U.S.-China trade deal hopes check losses

Oil eases on growing U.S. stockpiles; U.S.-China trade deal hopes check losses

Oil slipped on Wednesday after an industry report showed a surprise build-up in U.S. crude inventories, but optimism surrounding the signing of the first phase of a U.S.-China trade deal prevented a bigger slide in prices.



6 years ago
Exclusive: China's ByteDance moves to ringfence its TikTok app amid U.S. probe - sources

Exclusive: China's ByteDance moves to ringfence its TikTok app amid U.S. probe - sources

ByteDance has stepped up efforts to separate its social media app TikTok from much of its Chinese operations, amid a U.S. national security panel's inquiry into the safety of the personal data it handles, people familiar with the matter said.



6 years ago
IKEA to invest 200 million euros in race to turn 'climate positive'

IKEA to invest 200 million euros in race to turn 'climate positive'

IKEA, the world's biggest furniture group, said on Wednesday it would spend around 100 million euros ($110 million) on supporting its direct suppliers in moving over to renewable energy.



6 years ago
Boeing 777X fuselage split during September stress test

Boeing 777X fuselage split during September stress test

The fuselage of Boeing Co's upcoming 777X aircraft was split by a high-pressure rupture just as it approached its target stress level during a test in early September, Boeing said on Wednesday.



6 years ago
U.S. economy picks up in third-quarter; data surprise on the upside

U.S. economy picks up in third-quarter; data surprise on the upside

U.S. economic growth picked up slightly in the third quarter, rather than slowing as initially reported, and there are signs the downturn in business investment may be drawing to a close.



6 years ago
Strong data, trade optimism propel Wall Street to record levels

Strong data, trade optimism propel Wall Street to record levels

Wall Street's main indexes hit record highs on Wednesday ahead of the Thanksgiving holiday, as fresh data pointed to a resilient domestic economy, while investors remained optimistic about a resolution to U.S.-China trade tensions.



6 years ago
Oil edges lower after U.S. crude and gasoline build

Oil edges lower after U.S. crude and gasoline build

Oil eased on Wednesday after a report showing U.S. crude inventories grew unexpectedly last week and gasoline stocks surged, but losses were limited by optimism that a U.S.-China trade deal would be reached soon.



6 years ago
Robinhood pulls bank charter application as fintechs face hurdles to disrupting financial system

Robinhood pulls bank charter application as fintechs face hurdles to disrupting financial system

Robinhood is no longer looking to become a federally insured bank.

6 years ago
Global stocks near record highs on trade hopes, dollar gains

Global stocks near record highs on trade hopes, dollar gains

The U.S. dollar rose and a gauge of global equities pushed closer to an all-time high on Wednesday after a batch of U.S. economic data brightened the economic outlook and investors remained bullish on the prospect of a U.S.-China trade accord.



6 years ago
China trade deal close, sticking points remain: White House adviser

China trade deal close, sticking points remain: White House adviser

The United States and China are close to agreement on the first phase of a trade deal, White House adviser Kellyanne Conway said on Tuesday, but three of the biggest sticking points remain.



6 years ago
Wall Street opens flat after mixed retail earnings

Wall Street opens flat after mixed retail earnings

Wall Street's main stock indexes opened flat on Tuesday, after closing at record highs in the previous session, with a handful of retailers reporting mixed results ahead of the latest batch of consumer confidence data.



6 years ago
U.S. goods trade deficit narrows sharply in October

U.S. goods trade deficit narrows sharply in October

The U.S. goods trade deficit fell sharply in October as both exports and imports declined, pointing to a continued reduction in trade flows that has been blamed on the Trump administration' "America First" policy.



6 years ago
Alternative Lenders Continue to Steal Business From Banks

Alternative Lenders Continue to Steal Business From Banks

The Financial Brand | Jim Marous The banking industry has enabled alternative providers to impact the competitive balance for payments, investments and deposits. By not developing customer-centric digital lending platforms, traditional lenders have now also allowed digital players to steal significant loan customers. Most traditional financial institutions associate PayPal with being a significant player in

6 years ago
It's not just trade hopes fueling the U.S. stocks rally

It's not just trade hopes fueling the U.S. stocks rally

Wall Street stocks have leap-frogged over a host of concerns, including a stall in corporate earnings and political controversy in Washington, on their way to record highs this month.



6 years ago
Choosing Medicare is a high-stakes decision. How advisors can make sure clients get it right

Choosing Medicare is a high-stakes decision. How advisors can make sure clients get it right

If clients don't get their Medicare enrollment decision right, they could face costly penalties or higher medical expenses. Here's what advisors need to keep in mind — and when they might want to loop in third-party expertise.

6 years ago