Latest News on private equities market

Former MLB star A-Rod wants to stop athletes from going broke

World Series champion Alex Rodriguez is making it part of his mission to educate athletes about saving money.

7 years ago
BlackRock CEO Larry Fink says ECB must buy equities to stimulate euro zone

BlackRock CEO Larry Fink says ECB must buy equities to stimulate euro zone

BlackRock Chief Executive Larry Fink said on Friday the European Central Bank will need to purchase equities to stimulate Europe's economy, and that leaders should find ways to have investors embrace an "equity culture" there.



7 years ago
Global stocks up on Fed rate cut hopes, Microsoft results; dollar bounces

Global stocks up on Fed rate cut hopes, Microsoft results; dollar bounces

A gauge of global stocks climbed on Friday as investors looked for a strongly dovish U.S. Federal Reserve at its next meeting and as early returns on earnings season have come in better than anticipated.



7 years ago
Wall St. slightly higher on Microsoft results, rate cut hopes

Wall St. slightly higher on Microsoft results, rate cut hopes

Wall Street's main indexes edged higher on Friday after solid results from technology giant Microsoft added to an upbeat mood following hints from a top Federal Reserve official that a U.S. interest rate cut could be imminent.



7 years ago
U.S. to grant final approval to American Airlines-Qantas joint venture: sources

U.S. to grant final approval to American Airlines-Qantas joint venture: sources

The U.S. Department of Transportation (DOT) is set on Friday to grant American Airlines Group Inc and Qantas Airways Ltd final approval to operate a joint venture after a prior effort was rejected in 2016, two people briefed on the matter told Reuters.



7 years ago
Oil steadies as Middle East tensions counter demand worries, set for weekly fall

Oil steadies as Middle East tensions counter demand worries, set for weekly fall

Oil prices steadied on Friday after steep losses in the previous session, supported by rising tensions between the United States and Iran, but weighed by concerns slowing economic growth could dent global oil demand.



7 years ago
Cummins makes offer for VW's large engines unit: sources

Cummins makes offer for VW's large engines unit: sources

United States-based diesel engines maker Cummins has made an indicative offer for Volkswagen's MAN Energy Solutions unit, people close to the matter said, as the carmaker seeks to slim down its portfolio of disparate assets.



7 years ago
AmEx warns of higher costs as it boosts rewards program, shares fall

AmEx warns of higher costs as it boosts rewards program, shares fall

American Express Co warned of higher operating costs this year as the credit card issuer spends heavily on rewards programs to attract customers in an increasingly crowded market, sending its shares down 2.5% on Friday.



7 years ago

Battling flood damage? Here's why you'll have a hard time getting a tax break for it

If your home and belongings were lost in a fire or in a flood, you're about to have a harder time claiming those losses on your tax return. Here's why.

7 years ago
Fed rate cut hopes, Microsoft lift stocks;  dollar bounces

Fed rate cut hopes, Microsoft lift stocks; dollar bounces

A gauge of global stocks climbed on Friday as investors expect an aggressively dovish U.S. Federal Reserve at its next meeting and as early returns on earnings season have been better than anticipated.



7 years ago
Wall St. edges higher on Microsoft's beat, rate cut optimism

Wall St. edges higher on Microsoft's beat, rate cut optimism

Wall Street's main indexes inched higher on Friday after solid results from technology giant Microsoft added to an upbeat mood following hints from a top Federal Reserve official that a U.S. interest rate cut could be imminent.



7 years ago
Wall St. rises on Microsoft's beat, rate cut euphoria

Wall St. rises on Microsoft's beat, rate cut euphoria

U.S. stock indexes advanced on Friday as solid results from Microsoft lifted technology stocks and added to an upbeat mood following signs from New York Fed President John Williams that the central bank would lower interest rates this month.



7 years ago
Jet Airways' lenders approve interim finance plan for the carrier

Jet Airways' lenders approve interim finance plan for the carrier

Lenders to Jet Airways agreed on Friday to provide some interim financing to the bankrupt airline to help it cover legal and other costs, as resolution experts look to find a potential buyer.



7 years ago
BlackRock profit misses estimates, hit by lower fees for lending stocks

BlackRock profit misses estimates, hit by lower fees for lending stocks

BlackRock Inc , the world's largest asset manager, took in less cash last quarter as investors moved into lower-cost bond funds, and it made less money lending out stocks.



7 years ago
Wall Street opens higher after Microsoft's beat, rate cut euphoria

Wall Street opens higher after Microsoft's beat, rate cut euphoria

U.S. stocks opened higher on Friday as solid results from Microsoft lifted technology shares and added to market optimism after New York Fed President John Williams boosted hopes that the central bank was set to cut interest rates this month.



7 years ago