Latest News on private equities market

Instant View: Powell: No U.S. growth recovery until epidemic controlled

Instant View: Powell: No U.S. growth recovery until epidemic controlled

A full U.S. economic recovery will not occur until the American people are sure that the novel coronavirus epidemic has been brought under control, Federal Reserve Chair Jerome Powell said on Tuesday as he began the first of two days of hearings before U.S. lawmakers.



4 years ago
Oil prices rise on hopes of demand recovery

Oil prices rise on hopes of demand recovery

Oil prices edged higher on Tuesday as Wall Street surged and the International Energy Agency (IEA) increased its oil demand forecast for 2020, but gains were capped by worries about a second wave of coronavirus cases.



4 years ago
Rocket startup Astra trying for an orbital launch again in July, renewing fundraising efforts

Rocket startup Astra trying for an orbital launch again in July, renewing fundraising efforts

Rocket builder Astra will try again for its first orbital rocket launch in July, as the startup navigates the coronavirus environment.

4 years ago
Fed corporate bond move relieves potential stigma for companies, say investors

Fed corporate bond move relieves potential stigma for companies, say investors

The New York Federal Reserve's planned launch on Tuesday of a bond-buying facility could help ease the potential stigma for companies of asking for help and create an important framework for what the central bank steps in to purchase, analysts and investors said.



4 years ago
Green shoots welcome but recovery still a long road, Fed's Powell says

Green shoots welcome but recovery still a long road, Fed's Powell says

A full U.S. economic recovery will not occur until the American people are sure that the novel coronavirus epidemic has been brought under control, Federal Reserve Chair Jerome Powell said on Tuesday, as he began the first of two days of hearings before U.S. lawmakers.



4 years ago
Fed Chair Powell says strong job market can reduce U.S. racial inequality

Fed Chair Powell says strong job market can reduce U.S. racial inequality

The best way the Federal Reserve can help reduce racial inequality is to return the U.S. labor market to its pre-coronavirus strength, U.S. Fed Chair Jerome Powell said on Tuesday, as he sidestepped questions over whether the Fed itself contributes to the problem.



4 years ago
U.S. posts rule allowing U.S. companies to work with Huawei on 5G and other standards

U.S. posts rule allowing U.S. companies to work with Huawei on 5G and other standards

The U.S. Department of Commerce on Tuesday posted a new rule that allows U.S. companies to work with China's Huawei to develop standards for 5G and other cutting-edge technologies, despite restrictions on doing business with the telecommunications equipment maker.



4 years ago
Wall Street jumps as May retail sales boost hopes of swift recovery

Wall Street jumps as May retail sales boost hopes of swift recovery

U.S. stocks advanced on Tuesday after a record surge in May retail sales revived hopes of a swift post-pandemic economic rebound, with sentiment also lifted by data showing reduced COVID-19 death rates in a trial of a generic steroid drug.



4 years ago
Trump team prepares $1 trillion infrastructure plan to spur economy

Trump team prepares $1 trillion infrastructure plan to spur economy

The Trump administration is preparing an up to $1 trillion infrastructure package focused on transportation projects as part of its push to spur the world's largest economy back to life, a source familiar with the situation said on Tuesday.



4 years ago
Recalled to work? You can still collect unemployment benefits — and that extra $600 a week

Recalled to work? You can still collect unemployment benefits — and that extra $600 a week

Americans returning to work on a part-time basis may be able to continue receiving unemployment benefits, including the federal $600 weekly enhancement.

4 years ago
Appeals court sides with exchanges in U.S. SEC fee row

Appeals court sides with exchanges in U.S. SEC fee row

A U.S. appeals court ruled on Tuesday that the Securities and Exchange Commission cannot force stock exchanges to conduct a costly experiment to see how the fees they charge and the incentives they offer affect brokers' trading habits.



4 years ago
Stocks, dollar gain on U.S. retail sales, drug trial

Stocks, dollar gain on U.S. retail sales, drug trial

A record rebound in U.S. retail sales, fresh support from the Federal Reserve and Bank of Japan, and upbeat trial results for a COVID-19 treatment boosted risk appetite on Tuesday, driving equity markets higher and strengthening the dollar.



4 years ago
China keen to seek benefits from pandemic, distressed U.S. assets: report

China keen to seek benefits from pandemic, distressed U.S. assets: report

U.S. lawmakers and policymakers should be wary of China's moves to target vulnerable U.S. assets and expand its market share in the wake of the global economic crisis triggered by the novel coronavirus, according to a study prepared for a U.S. trade group and released on Tuesday.



4 years ago
Ex-Tommy Hilfiger boss Grieder to become new Hugo Boss CEO

Ex-Tommy Hilfiger boss Grieder to become new Hugo Boss CEO

German fashion house Hugo Boss has appointed former Tommy Hilfiger boss Daniel Grieder as its next chief executive, it said on Tuesday.



4 years ago
How investors can tell which companies do better when it comes to racial diversity

How investors can tell which companies do better when it comes to racial diversity

Many companies are second-guessing their own policies when it comes to diversity and inclusion. Investors who want to invest in companies that make this a priority have an index they can utilize.

4 years ago