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Latest News on private equity markets

US Secret Service warns that coronavirus email scams are on the rise

The U.S. Secret Service this week warned law enforcement and banks about malicious emails related to COVID-19 and said corporations should be on alert.

5 years ago

It could take 4 to 5 years for many Americans to recover wages lost to coronavirus

Some workers have been harder hit than others, and their climb back up could take years, an analysis from Payscale found.

5 years ago

Wall Street gains on oil surge, but off early highs

U.S. stocks rose on Thursday as hopes for a truce in the price war between Saudi Arabia and Russia and a cut oil output drove gains, helping to offset the shocking jump in Americans filing for jobless claims due to coronavirus-led lockdowns.



5 years ago

As millions lose jobs, Fed policymakers say recession is here

The U.S. recession is here. How long it will last will depend on the course of a viral pandemic that could still kill hundreds of thousands of Americans, and has most of the country under lockdowns aimed at slowing the infection's spread.



5 years ago

Exclusive: Germany ready to nationalise airline Condor - sources

The German government stands ready to take over Condor as a deal for the airline to be bought by Polish rival LOT is likely to collapse in the industry turmoil caused by the coronavirus crisis, several people familiar with the matter told Reuters.



5 years ago

Whiting begins Chapter 11 bankruptcy proceeding as oil prices hover at $20

Whiting Petroleum Corp said on Wednesday it had started Chapter 11 bankruptcy proceeding amid a rout in crude oil prices that has seen fuel plunge to 18-year lows.



5 years ago

Adidas apologizes for deferring store rent, will pay up

German sportswear maker Adidas apologizes on Wednesday for saying it would stop paying rent for stores around the world forced to close by coronavirus lockdowns after a storm of criticism, saying it would pay up for April after all.



5 years ago

El-Erian says he wouldn't buy into market yet, but offers a plan for those who feel they must

"Whatever cash you have, divide it over five installments," Mohamed El-Erian told CNBC on Wednesday, suggesting dollar cost averaging into the market over several months.

5 years ago

Oil falls towards $25 as oversupply fears mount with U.S. inventory rise

Oil fell towards $25 a barrel on Wednesday, within sight of its lowest in 18 years, as a report showing a big rise in U.S. inventories and a widening rift within OPEC heightened oversupply concerns.



5 years ago

Income funds sift for survivors as coronavirus cuts into dividends

As companies cut dividends in response to the financial havoc caused by the coronavirus, fund managers whose portfolios rely on the payouts are sifting for those most likely to deliver a sustainable yield when the world recovers.



5 years ago

Investors should have up to 10% in this 'hedge against the unexpected,' says the 'godfather' of gold

George Milling-Stanley, who was involved with a group that helped create the SPDR Gold Trust, discusses how the precious metal is trading in the coronavirus pandemic.

5 years ago

EU proposes short-time work scheme to avoid coronavirus lay-offs

The European Commision proposed a short-time work scheme on Wednesday modelled on Germany's Kurzarbeit programme to help people keep their jobs as the coronavirus pandemic hits economies across the 27-nation bloc.



5 years ago

Futures tumble in start to second quarter as coronavirus crisis worsens

U.S. stock index futures sank on Wednesday, as stark predictions of a rise in the U.S. death toll and worsening economic damage from the coronavirus pandemic led investors to ditch equities for safe-haven assets.



5 years ago

Russia, U.S. hold energy talks, as Trump complains about oil cheaper than water

U.S and Russian energy officials held rare talks about oil after crude prices crashed to levels last seen about two decades ago, while President Donald Trump said oil that was cheaper "than water" was hurting the industry.



5 years ago

Resist the urge to abandon the market: your 401(k) during the coronavirus pandemic

Here's how to make good decisions about investing in your 401(k) during a volatile stock market.

5 years ago