Latest News on private equities market

More consumers using credit cards for purchases under $10, though cash is still king

Since 2014, the share of people using cash for those small amounts has steadily dropped while those using a credit card has climbed.

7 years ago
U.S. manufacturing output drops in July

U.S. manufacturing output drops in July

U.S. manufacturing output dropped in July, ending a run of two months of growth.



7 years ago
7 years ago
China says U.S. block on nuclear firms a 'misuse' of export controls

China says U.S. block on nuclear firms a 'misuse' of export controls

A U.S. decision to stop China General Nuclear Power Corp (CGN) and its subsidiaries from dealing with U.S. companies was a misuse of export control measures and would harm both U.S. and Chinese firms, China's foreign ministry said.



7 years ago
Ackman eyes more gains for his fund with help of Berkshire, others

Ackman eyes more gains for his fund with help of Berkshire, others

Billionaire investor William Ackman, whose portfolio has gained almost 50% this year, said his fund can keep delivering "high, long-term" returns, and he expects that a newly disclosed stake in Berkshire Hathaway Inc will help boost gains.



7 years ago
Facebook failed to warn users of known risks before 2018 breach: court filing

Facebook failed to warn users of known risks before 2018 breach: court filing

Facebook users suing the world's largest social media network over a 2018 data breach say it failed to warn them about risks tied to its single sign-on tool, even though it protected its employees, a court filing on Thursday showed.



7 years ago
Asia stocks nurse losses, bonds hold huge gains

Asia stocks nurse losses, bonds hold huge gains

Asian shares were heading for weekly losses on Friday as conflicting messages on the Sino-U.S. trade war only added to worries for the global economy, while talk of aggressive central bank stimulus drove bond yields to fresh lows.



7 years ago
Apple says it supports 2.4 million U.S. jobs

Apple says it supports 2.4 million U.S. jobs

Apple Inc said on Wednesday it was either directly or indirectly responsible for 2.4 million U.S. jobs, up 20% from the 2 million the technology company estimated in 2017.



7 years ago
'Crazy inverted yield curve' vexes Fed, with no clear resolution

'Crazy inverted yield curve' vexes Fed, with no clear resolution

Amid the recent financial market volatility, the interest rates on some long-dated government bonds have fallen below the level for short-term debt.



7 years ago
Trump says China talks 'productive'; Beijing vows tariff retaliation

Trump says China talks 'productive'; Beijing vows tariff retaliation

U.S. President Donald Trump said on Thursday that U.S. and Chinese negotiators were holding "productive" trade talks and expected them to meet in September despite U.S. tariffs on over $125 billion worth of Chinese imports taking effect Sept 1.



7 years ago
Ackman confident portfolio can keep delivering strong returns: letter

Ackman confident portfolio can keep delivering strong returns: letter

Billionaire investor William Ackman, whose portfolio has gained almost 50% this year, said his fund can keep delivering "high, long-term" returns and that he expects Berkshire Hathaway Inc stock to help boost gains.



7 years ago
SoftBank convertible note helped cut WeWork losses

SoftBank convertible note helped cut WeWork losses

Investors may be stumped by some of the finances WeWork owner We Company unveiled this week in its filing to go public, in particular a $486 million gain on a convertible note that made losses at the coworking firm appear a lot smaller.



7 years ago
Trump says trade war with China will be fairly short

Trump says trade war with China will be fairly short

U.S. President Donald Trump said on Thursday he believes China wants to make a trade deal and the trade war with Beijing will be fairly short.



7 years ago

GE falls the most in 11 years after Madoff whistleblower calls it a 'bigger fraud than Enron'

GE says the allegations of fraud are "entirely false and misleading."

7 years ago
Stocks waver, dollar recovers on renewed growth worries

Stocks waver, dollar recovers on renewed growth worries

The dollar recovered from early weakness but a gauge of world equity performance edged lower on Thursday as concerns about global growth offset investor optimism over a surge in U.S. retail sales last month and strong Walmart earnings.



7 years ago