Latest News on private equities market

The move by J.P. Morgan represents its push to grab market share from competitors and broaden the pool of Americans who are invested in the stock market.

Elliott Management Corp has invested more than rivals in its push for corporate change so far this year and there has been an increasing focus among activist investors on German companies.

Deutsche Bank investors will press Chief Executive Christian Sewing on how he will deliver on revenue growth targets during a global roadshow to win backing for his 7.4 billion euro ($8.4 billion) 'reinvention' plan.

With other parts of its business facing hefty cuts, Deutsche Bank wants to expand its European operations handling the assets of rich clients and take market share from rivals after staunching the outflow of assets.

Federal Reserve Chairman Jerome Powell on Wednesday set the stage for the first U.S. interest rate cut in a decade later this month, pledging to 'act as appropriate' to defend an economic expansion threatened by trade disputes and a global slowdown.

Federal Reserve Chairman Jerome Powell on Wednesday set the stage for the first U.S. interest rate cut in a decade later this month, pledging to "act as appropriate" to defend an economic expansion threatened by trade disputes and a global slowdown.

Federal Reserve Chairman Jerome Powell says Facebook's cryptocurrency project raises serious concerns.

Powell told Congress that he doesn't think a return to the gold standard in the U.S. would be a good idea.

Crude production in the U.S. Gulf of Mexico on Wednesday was cut by nearly a third, or 602,715 barrels per day (bpd), as a storm threatened offshore oil production, according to figures released by a U.S. regulator.

Federal Reserve Chairman Jerome Powell on Wednesday rejected the idea of returning the United States to the gold standard even as he asserted that his remarks should not be seen as criticism of a proposed presidential nominee to the Fed Board.

Many U.S. Federal Reserve officials at their last meeting thought more stimulus would be needed soon if risks to the U.S. economy did not let up, and several others leaned in that direction, records from the meeting showed.

U.S. Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook's plan to build a digital currency called Libra "cannot go forward" until serious concerns were addressed, piling further pressure on the controversial project.

The benchmark S&P 500 briefly crossed the 3,000-point mark for the first time on Wednesday after dovish remarks from Federal Reserve Chairman Jerome Powell boosted the case for an interest rate cut later this month.

U.S. oil producers on Wednesday cut nearly a third of offshore Gulf of Mexico crude output as what could be one of the first major storms of the Atlantic hurricane season threatened production.

The benchmark S&P 500 briefly crossed the 3,000 points mark for the first time on Wednesday after dovish remarks from Federal Reserve Chairman Jerome Powell bolstered the case for an interest rate cut later this month.