Latest News on private equities market

U.S. prisons lose Wall Street sell-side coverage

U.S. prisons lose Wall Street sell-side coverage

Sell-side analysts have stopped covering U.S. private prison operators as Wall Street has distanced itself from publicly traded GEO Group Inc and CoreCivic Inc .



7 years ago
Dollar at two-year high after Fed cuts rates as expected

Dollar at two-year high after Fed cuts rates as expected

The U.S. dollar rose as high as $1.063 against the euro <EUR=> on Wednesday, its strongest level since May 2017, after the Federal Reserve cut interest rates by 25 basis points as expected.



7 years ago
Dollar up, stocks fall after Fed cut; pound rebound stalls

Dollar up, stocks fall after Fed cut; pound rebound stalls

The dollar index rose on Wednesday and stocks tumbled even as the Federal Reserve cut interest rates after Fed Chairman Jerome Powell said the 25-basis-point cut was not the same as the beginning of a lengthy rate cutting cycle.



7 years ago
Oil rises as U.S. crude stocks fall again, Fed cuts interest rates

Oil rises as U.S. crude stocks fall again, Fed cuts interest rates

Oil prices rose for a fifth day on Wednesday following a larger-than-expected drop in U.S. inventories and after the Federal Reserve cut U.S. interest rates for the first time in more than a decade.



7 years ago
Is Trump the reason the Fed cut rates?

Is Trump the reason the Fed cut rates?

U.S. President Donald Trump's repeated calls for easier monetary policy may not be what drove the Federal Reserve to cut interest rates on Wednesday.



7 years ago
U.S. markets gyrate after Fed cuts rates, stocks fall

U.S. markets gyrate after Fed cuts rates, stocks fall

Wall Street turned negative after Federal Reserve Chairman Jerome Powell in a press conference after the Fed announced its first rate cut since 2008 characterized it as a mid-cycle policy adjustment, adding that the decision was different from the beginning of a lengthy cutting cycle.



7 years ago
Nordstrom family prepares proposal for major stake in retailer - WSJ

Nordstrom family prepares proposal for major stake in retailer - WSJ

Shares of Nordstrom Inc rose 7% on Wednesday after the Wall Street Journal reported that members of the retailer's founding family are in the early stages of discussing a proposal to boost their roughly one-third stake to over 50%, citing people familiar with the matter.



7 years ago

Here's what that Fed rate cut means for your finances

Everything from credit cards to car loans are generally based on a benchmark rate, which in turn is influenced by the Fed's target interest rate.

7 years ago

Two Fed officials disagree with decision to cut interest rates

Two FOMC members disagreed with the central bank's decision to cut interest rates Wednesday.

7 years ago

Seniors should avoid this mistake as the Fed lowers rates

Lower interest rates on savings accounts and certificates of deposit are now making equity returns seem even more attractive. Here's why you should resist the risk.

7 years ago

Chances of a September Fed rate cut increase

Traders now see a bigger chance of another rate cut by the Federal Reserve in September after it lowered interest rates for the first time since 2008.

7 years ago
What a Fed rate cut means for your wallet

What a Fed rate cut means for your wallet

The U.S. Federal Reserve's decision on Wednesday to lower interest rates may do little to cut some of the costs that matter to many consumers.



7 years ago

Kamala Harris has a student debt forgiveness plan, but it's complicated

Borrowers will have a lot of boxes to check before they can get the $20,000 in student debt forgiveness on the table in Kamala Harris' newly released plan.

7 years ago
Fed cuts rates for first time since 2008

Fed cuts rates for first time since 2008

The Federal Reserve cut interest rates on Wednesday for the first time since 2008, citing concerns about the global economy and muted U.S. inflation, and signaled a readiness to lower borrowing costs further if needed.



7 years ago
Fed lowers interest rates as expected, leaves door open to further cuts

Fed lowers interest rates as expected, leaves door open to further cuts

The Federal Reserve cut interest rates on Wednesday for the first time since 2008, citing concerns about the global economy and muted U.S. inflation, and signaled a readiness to lower borrowing costs further if needed.



7 years ago