Latest News on private equities market

These tips will help you max out your retirement contributions this year

If you are behind on your retirement savings, there are two steps you can take to shore up your progress for this year and beyond.

7 years ago
White House considered demoting Fed's Powell -report

White House considered demoting Fed's Powell -report

Lawyers at the White House earlier this year explored the legality of stripping Jerome Powell of his Federal Reserve chairmanship and demoting him to be just one of as many as seven governors of the U.S. central bank, according to a report from Bloomberg News published on Tuesday.



7 years ago
South Korea's Korean Air to buy 30 Boeing 787 planes for $9.67 billion

South Korea's Korean Air to buy 30 Boeing 787 planes for $9.67 billion

South Korea's biggest carrier Korean Air Lines said on Wednesday it has signed a memorandum of understanding to buy 30 Boeing planes for $9.67 billion.



7 years ago
Canada approves contentious oil pipeline expansion, expects legal challenges

Canada approves contentious oil pipeline expansion, expects legal challenges

Canada on Tuesday approved as expected a hotly contested proposal to expand the western Canadian crude oil pipeline it bought last year, providing hope for a depressed energy industry but angering environmental groups.



7 years ago
Blackstone chief donates $150 million to Oxford University

Blackstone chief donates $150 million to Oxford University

The head of private equity firm Blackstone has pledged $150 million to Oxford University, the biggest single donation in its history, to fund a center for humanities that would also house an institute to study the ethics of artificial intelligence.



7 years ago

Cramer: Facebook will 'take out' its all-time stock high after its expected crypto launch

"This is going to be the biggest thing that's happened to Facebook in years," says CNBC's Jim Cramer. "It will be vital."

7 years ago
KPMG fined $50 million for using stolen data, exam fraud: U.S. SEC

KPMG fined $50 million for using stolen data, exam fraud: U.S. SEC

KPMG LLP has agreed to pay a $50 million fine over allegations former staffers used stolen information to alter some of the accounting firm's previous audit work and cheated on training exams, the U.S. Securities and Exchange Commission said on Monday.



7 years ago
Hong Kong being pulled into the 21st Century — digital banking licenses finally arrive

Hong Kong being pulled into the 21st Century — digital banking licenses finally arrive

Schulte Research | Paul Schulte | June 17, 2019 Digital banking finally arrives in HK --all in one go! Be careful what you wish for — you might get it.  Hong Kong People have been kvetching for years about the poor quality of banking services. Now, they will have a deluge of ultra-efficient and essentially

7 years ago
Wall St. moves higher; Fed policy meeting eyed

Wall St. moves higher; Fed policy meeting eyed

Wall Street's main indexes climbed higher on Monday, with the tech-heavy Nasdaq leading the pack, as investors awaited a crucial Federal Reserve meeting that is expected to lay the groundwork for an interest rate cut later this year.



7 years ago
Deutsche Bank to set up 50 billion euro bad bank in revamp

Deutsche Bank to set up 50 billion euro bad bank in revamp

Deutsche Bank is planning to overhaul its trading operations by creating a so-called bad bank to hold tens of billions of euros of non-core assets, a source close to the matter said on Monday.



7 years ago

Goldman Sachs is sounding the alarm: Technology stocks are overvalued

It's about time to write off high-growth tech stocks, Goldman warns, saying software carries the highest multiples since the tech bubble.

7 years ago
Fed may cut rates near zero if U.S.-China trade worsens: Morgan Stanley

Fed may cut rates near zero if U.S.-China trade worsens: Morgan Stanley

The Federal Reserve may lower U.S. interest rates to near zero by the spring of 2020 if U.S.-China trade relations deteriorate further and tip the U.S. economy into a recession, according to Morgan Stanley analysts.



7 years ago
Wall St. holds on to gains; Fed policy meeting eyed

Wall St. holds on to gains; Fed policy meeting eyed

Wall Street's main indexes rose on Monday, with the tech-heavy Nasdaq leading the pack, as investors awaited a key Federal Reserve meeting that is expected to lay the groundwork for an interest rate cut later this year.



7 years ago
Global stocks, yields steady with Fed, central bank meetings on tap

Global stocks, yields steady with Fed, central bank meetings on tap

A gauge of global stock markets edged higher on Monday to build on monthly gains and benchmark government bond yields hovered near multi-year lows as investors girded for developments later in the week from central banks in the United States and elsewhere.



7 years ago
New Boeing jet blow at Paris as Airbus long-range A321 takes off

New Boeing jet blow at Paris as Airbus long-range A321 takes off

Boeing suffered a fresh setback at the opening of the Paris Airshow on Monday as the U.S. planemaker's engine supplier revealed a delay affecting its all-new 777X jet, while Airbus targeted the middle of the market with a rival plane.



7 years ago