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Latest News on private equity markets

David Tepper says he's buying some tech stocks, but market may have 10% to 15% more to fall

Billionaire investor David Tepper said he is "nibbling" at some stocks, particularly in the tech sector, as the broader market tumbles amid the coronavirus outbreak.

4 years ago

Here's why Senate Democrats want to give Social Security beneficiaries an extra $200 per month amid coronavirus scare

Several Senate Democrats are calling for a $200 per month Social Security benefit boost to help older and disabled beneficiaries cope with higher costs amid the coronavirus. Meanwhile, another proposal to give employers a break on FICA taxes could diminish Social Security's funds. Here's what advocates are watching on Capitol Hill.

4 years ago

Investor David Tepper says the US needs to do 'whatever it takes' to mass produce ventilators now

The bllionaire hedge fund manager said mass production of ventilators is a key part of ending the lockdown period from the coronavirus crisis.

4 years ago

Trump administration isn't going far enough to help student loan borrowers, critics say

Consumer advocates and former government officials say the Trump administration must do more to help student loan borrowers during the coronavirus pandemic.

4 years ago

Congress may let you take $100,000 from your 401(k). What you should know

A provision in the Senate's coronavirus relief bill will allow affected savers to pull up to $100,000 from their retirement plans, free of the 10% early withdrawal penalty. Here are 3 things you should know.

4 years ago

Top 12 AI Use Cases: Artificial Intelligence in FinTech

Techopedia | Claudio Buttice | March 13, 2020 Before AI and the rise of FinTech, very few industry giants had the bandwidth to deal with the inherently quantitative nature of our now tech-savvy world. These AI use cases detail some of the ways AI has been a game-changer for FinTech. Banks alone are expected to

4 years ago

Washington may protect your credit score if your number takes a hit during the coronavirus pandemic

Proposals in both the Senate and House aim to prevent negative information from reaching credit reports. Here's how some emergency measures taken by consumers may impact their credit score.

4 years ago

Twitter withdraws first-quarter revenue forecast on virus fears

Twitter Inc said on Monday it is withdrawing its revenue and operating income forecast for the first quarter, citing the growing impact of the coronavirus outbreak.



4 years ago

Stocks drop after Senate's second coronavirus bill fail — Cramer and others on what to watch now

U.S. stocks took another hit Monday after the Senate failed for a second time to pass a coronavirus stimulus bill, but CNBC's Jim Cramer and others are trying to look past the weakness.

4 years ago

With latest moves, Fed becomes creditor in chief for U.S. business

In undertaking what will undoubtedly be its largest rescue effort ever, the Federal Reserve on Monday announced programs that represent a never-before-seen intervention by the central bank into the heart of the "real" American economy.



4 years ago

Market panic lingers despite unprecedented Fed support

Global equities slid further and safe-haven assets rose on Monday after a massive array of new programs from the U.S. Federal Reserve underscored the "severe" disruptions the coronavirus pandemic poses to a fast-weakening world economy.



4 years ago

Dow briefly wipes out all the gains since Trump's election

The Dow's steep drop on Monday pushed the 30-stock index below the level where it closed on Nov. 8, 2016, the day Trump won his election.

4 years ago

Historic Fed boost fails to stop Wall Street's virus-driven sell-off

Wall Street's slide deepened on Monday as the rapidly spreading coronavirus forced more U.S. states into lockdown, overshadowing unprecedented moves by the U.S. Federal Reserve to shore up credit across the economy.



4 years ago

U.S. prosecutors charge PDVSA contractor with money laundering

U.S. prosecutors have charged a Venezuelan oilfield contractor with money laundering for bribing officials at state oil company Petroleos de Venezuela to win overpriced contracts, and then seeking to hide the proceeds in the United States.



4 years ago

Crude edges higher, U.S. gasoline slumps over 30% on sinking demand

Oil prices inched higher on Monday, while U.S. gasoline prices plunged more than 30% to a record low as global restrictions on travel to slow the spread of coronavirus destroyed demand for fuel.



4 years ago