Latest News on private equities market

GE shares drop after Madoff whistleblower Harry Markopolos calls it a 'bigger fraud than Enron'

GE says in a statement that Madoff whistleblower's allegations of fraud are "entirely false and misleading."

5 years ago

U.S. consumer spending strong; manufacturing struggling

U.S. retail sales surged in July as consumers bought a range of goods even as they cut back on motor vehicle purchases, which could help to assuage financial market fears that the economy was heading into recession.



5 years ago

China to counter latest U.S. tariffs as Trump vows deal on U.S. terms

China on Thursday vowed to counter the latest U.S. tariffs on $300 billion of Chinese goods but called on the United States to meet it halfway on a potential trade deal, as U.S. President Donald Trump said any pact would have to be on America's terms.



5 years ago

Wall Street rises after strong retail sales data, Walmart earnings

U.S. stocks rose in choppy trading on Thursday, as strong July retail sales data and Walmart's upbeat results eased some fears about the economy slipping into recession, but a slump in shares of network gear maker Cisco limited gains.



5 years ago

Utilities and these other stocks win when volatility strikes Wall Street

Here are the top performing ETFs following spikes in volatility, according to hedge fund analytics tool Kensho.

5 years ago

Here's when unpaid debt can reduce your Social Security payments

While most creditors can't touch your benefits, some types of delinquent debt can reduce your monthly payments.

5 years ago

Wall Street mixed after strong retail sales data, conflicting trade reports

U.S. stocks swung between gains and losses on Thursday as strong July retail sales and upbeat Walmart earnings eased fears of a recession, but mixed reports on trade and Cisco's dismal forecast kept investors on edge.



5 years ago

Kraft, Mondelez to pay $16 million in wheat price manipulation case

The U.S. Commodity Futures Trading Commission (CFTC) said on Thursday Kraft Heinz Co and Mondelez International Inc will pay $16 million in penalty regarding a wheat manipulation case that dates back to 2015.



5 years ago

Worried about a recession? Don't panic, say financial advisors, but do be prepared

If you are worried about a possible recession on the horizon, there are some smart financial moves you can make.

5 years ago

Memorial Trail Ice House on NextSeed

Memorial Trail Ice House, a premium food & bar venue adjacent to Memorial Park, is raising funds on NextSeed. The company is combining the ice house culture of an indoor or outdoor beer garden with the proximity to a historic building and is offering a social bar and specialty food trucks. Memorial Trail Ice House [...]


The post Memorial Trail Ice House on NextSeed appeared first on Crowditz.


5 years ago

Southwest Airlines expands daily service to Hawaii

U.S. budget-friendly carrier Southwest Airlines Co will add another daily flight to Hawaii from January 2020, the company said on Thursday, as it counts on leisure travel from the West Coast to boost its growth.



5 years ago

U.S. 30-year yields drop to fresh record low below 2%

U.S. 30-year Treasury yields fell to a record low below 2% and benchmark 10-year notes dropped to a three-year trough on Thursday amid persistent worries about global trade tensions and economic slowdowns around the world.



5 years ago

Oil deepens slide on recession fears, China's trade threats

Oil prices fell more than 1% on Thursday, extending the previous session's 3% drop, pressured by mounting recession concerns and a surprise boost in U.S. crude inventories.



5 years ago

J.C. Penney quarterly loss halves, sales still fall amid turnaround

J.C. Penney Co Inc reported a smaller-than-expected quarterly loss on Thursday, as the department store operator's efforts to cut costs and shutter unprofitable businesses paid off, sending shares of its penny stock higher by as much as 14%.



5 years ago

GE shares fall on report that its finances are worse than disclosed

General Electric shares fell 7.5% on Thursday after Harry Markopolos, the whistleblower in the Bernard Madoff Ponzi scheme case, said GE's financial filings were masking the depths of its financial problems.



5 years ago