Latest News on private equities market

The fearsome inversion of the key 2-year and 10-year yields finally happened early Wednesday, sending markets reeling.

An inverted yield curve marks a point on a chart where short-term investments in U.S. Treasury bonds pay more than long-term ones.

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Wall Street was set to open lower on Wednesday, as poor economic data from China and Germany put the focus back on the impact of a bruising Sino-U.S. trade war which is pushing some major economies toward the brink of recession.

Unions representing Ryanair cabin crew in Spain on Wednesday announced plans to hold 10 days of strikes in September unless the Irish airline changes its plans to close several bases in the country.

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Oil prices fell on Wednesday on weak economic data from China and Europe and a rise in U.S. crude inventories, almost erasing the previous session's sharp gains after the United States said it would delay tariffs on some Chinese products.

Macy's Inc cut its full-year earnings forecast after missing Wall Street estimates for quarterly profit for the first time in two years, as the department store operator discounted heavily to clear Spring inventory, sending its shares down 13%.

Utilities and consumer staples are the best performing sectors after a yield curve inversion.

WeWork owner The We Company on Wednesday filed with regulators for an initial public offering and published detailed financial statements for the first time that showed it lost almost $700 million in the first half of 2019 while doubling revenue.

Indonesia's Lion Air "urgently requires" more Boeing Co 737 MAX jets to support its growth strategy once regulators approve the grounded model's return to service, the airline's co-founder, Rusdi Kirana, told Reuters on Wednesday.

Stock markets slumped on Wednesday as Germany's economy went into reverse, fuelling fears of global recession and slamming the brakes on a rally for equities after Washington delayed tariffs on some Chinese imports.

Because Jeffrey Epstein owned a home and business in the Virgin Islands, he likely got a substantial break on his tax bill.

WeWork owner The We Company on Wednesday filed with regulators for an initial public offering and published detailed financial statements for the first time that showed it lost almost $700 million in the first half of 2019 while doubling revenue.

Oil prices fell on Wednesday on weak global economic data and a rise in U.S. crude inventories, almost erasing the previous session's strong gains which followed the United States' move to delay tariffs on some Chinese products.