Latest News on private equities market

Oil gains on API stockdraw, Gulf of Mexico storm

Oil gains on API stockdraw, Gulf of Mexico storm

Oil prices rose around 2% on Wednesday after industry data showed U.S. inventories fell more than expected, while major U.S. producers evacuated rigs in the Gulf of Mexico ahead of a storm.



7 years ago
Amazon customer helpline not required, says Europe's top court in boost for e-commerce

Amazon customer helpline not required, says Europe's top court in boost for e-commerce

U.S. online retailer Amazon does not have to provide a helpline phone number to consumers, Europe's top court said on Wednesday in a ruling that could boost e-commerce merchants.



7 years ago
Futures slip ahead of Powell's testimony

Futures slip ahead of Powell's testimony

U.S. stock futures fell on Wednesday, as investors eyed Federal Reserve Chairman Jerome Powell's remarks later in the day for clues on the central bank's interest rate policy direction.



7 years ago

Tesla shares rise on report that the company is preparing to increase production in California

Tesla shares rose in premarket trading on Wednesday after a report that the electric automaker will raise output at its factory in California.

7 years ago
Facebook currency project 'cannot go forward' until concerns addressed: Powell

Facebook currency project 'cannot go forward' until concerns addressed: Powell

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.



7 years ago
Oil jumps 3% on U.S. crude stocks draw, Gulf of Mexico storm

Oil jumps 3% on U.S. crude stocks draw, Gulf of Mexico storm

Oil prices jumped 3% on Wednesday after U.S. crude inventories shrank more than expected and as major producers evacuated rigs in the Gulf of Mexico ahead of an expected storm.



7 years ago
Blockstack wins first-ever SEC approval for a token offering under Reg A+ listing

Blockstack wins first-ever SEC approval for a token offering under Reg A+ listing

The Block Crypto | Frank Chaparro | July 10, 2019 Quick Take The Security and Exchange Commission approved Blockstack’s token offering under Reg A+, an accelerated path for smaller companies to raise money publicly This is the first approval the SEC gave for a token offering, after a series of crackdowns the regulator led against

7 years ago
European startups navigate long, winding road to self-driving future

European startups navigate long, winding road to self-driving future

Far from the sunny, wide streets of Phoenix, where Waymo's self-driving taxis ply their trade, a handful of European startups are developing driverless cars to navigate the clogged, chaotic, rain-swept roads of European cities.



7 years ago

Fed's Powell explains why a return to the gold standard would be so damaging to the economy

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

7 years ago
Fed's Powell, in Trump's crosshairs, gets backing from Congress

Fed's Powell, in Trump's crosshairs, gets backing from Congress

Federal Reserve Chairman Jerome Powell came to Capitol Hill on Wednesday with two goals: cementing the case for an interest rate cut at the end of this month, and bolstering his own Congressional wall of protection against a president who has made a daily habit of Fed bashing unseen since the 1970s.



7 years ago
Fed's Powell bolsters rate cut view on trade, global growth concerns

Fed's Powell bolsters rate cut view on trade, global growth concerns

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.



7 years ago

This risk could wipe out everything you own. How to prepare

Think your homeowners insurance will adequately cover your dwelling during a hurricane? You could be wrong. Here's how to prepare your house and your wallet for a disaster.

7 years ago
Major grain traders face one-two punch from U.S. floods, trade war

Major grain traders face one-two punch from U.S. floods, trade war

Severe U.S. weather likely dented earnings for large grain companies including Archer Daniels Midland Co and Bunge Ltd for a second straight quarter, adding to headwinds from a still-unresolved U.S.-China trade war, analysts and economists said.



7 years ago
Asia stocks gain, dollar droops as Fed chair sets stage for rate cut

Asia stocks gain, dollar droops as Fed chair sets stage for rate cut

Asian stocks gained and the dollar drooped on Thursday after Federal Reserve Chair Jerome Powell reinforced prospects of a U.S. interest rate cut later this month.



7 years ago

Powell says Facebook's Libra cryptocurrency raises 'serious concerns' including money laundering

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

7 years ago