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Latest News on private equity markets

With interest rates near zero, preserving retirement income gets risky

For retirement savers who want to reap a return, there are still some options out there, but with added risk.

4 years ago

Oil falls 3% as Saudi, UAE plan for higher output capacity

Oil prices fell on Wednesday after Saudi Arabia and the United Arab Emirates announced plans to boost production capacity and the coronavirus fed worries about demand.



4 years ago

Bank CEOs convene in Washington for meeting with President Trump on coronavirus response

The president is expected to ask the CEOs what steps the banks are taking to help small and medium sized companies weather the impacts of the coronavirus.

4 years ago

Boeing plans full drawdown of $13.8 billion loan: Bloomberg News

Boeing Co is planning a full drawdown of a $13.8 billion loan as early as Friday, as the U.S. based plane-maker struggles with worldwide travel disruptions from the coronavirus, Bloomberg reported on Wednesday, citing unnamed sources.



4 years ago

UAE joins Saudi in opening oil taps as row with Russia slams crude prices

The United Arab Emirates followed Saudi Arabia on Wednesday in promising to raise oil output to a record high in April, as the two OPEC producers raised the stakes in a standoff with Russia that has hammered global crude prices.



4 years ago

Strategist Jim Paulsen: The stock market 'oozes panic' and appears near a bottom

"I would start to nip away at it on these kind of down days that we have," the Leuthold chief investment strategist said Wednesday.

4 years ago

Oil falls as Saudi, UAE plan for higher output capacity

Oil prices fell on Wednesday after Saudi Arabia and the United Arab Emirates announced plans to boost production capacity and OPEC and the U.S. Energy Information Administration (EIA) cut oil demand forecasts because of the coronavirus outbreak.



4 years ago

Exclusive: U.S. SEC steps up scrutiny of private debt 'financial games'

The top U.S. securities regulator has increased its scrutiny of private funds that make higher-risk loans over the last two years, according to a Reuters review of SEC actions and industry and regulatory sources -- just as fears of a global recession hit the booming private credit market.



4 years ago

Wall Street tumbles on lack of stimulus details

U.S. stock indexes dropped sharply on Wednesday after attempting a rebound in the previous session, on skepticism around President Donald Trump's stimulus plan to combat the coronavirus outbreak.



4 years ago

How the coronavirus crisis might trip up your tax filing

The Treasury Department might push back the April 15 deadline for taxpayers, due to coronavirus concerns. You don't have to wait for the official word just yet. Ask for an extension if you need it.

4 years ago

3 Ways Digital Assets Will Reshape The World

Exponential Group | Sunny Durante | March 9, 2020 A straightforward explanation of what digital assets are and a few ways they will directly impact your life Digital assets are poised to revolutionize the way people operate and exchange value in the world. Adoption of distributed ledger technology, which is the platform digital assets are

4 years ago

If you don't have a 529 savings plan, you're not alone. Here's what you need to know

In a recent CNBC/SurveyMonkey Women at Work Survey, 7% of working women with children under 18 said they have at least $5,000 in a 529 College Savings Plan.

4 years ago

Got a high-deductible health plan? It may cover the cost of coronavirus testing

The IRS is giving some relief to individuals in high-deductible medical plans: Their insurance may cover the cost of COVID-19 testing and treatment. Be aware this is guidance and not a mandate, so check with your plan first.

4 years ago

Warren Buffett prefers waiting to start of April to assess Berkshire Hathaway annual meeting: Omaha mayor

The mayor of Omaha, Nebraska said on Wednesday that Warren Buffett would prefer to wait until one month before Berkshire Hathaway Inc's annual shareholder weekend to decide whether to change its plans because of the coronavirus outbreak.



4 years ago

Factbox: Airlines count mounting costs of the coronavirus shock

Airlines across the globe are feeling the pain as travel demand withers because of the coronavirus outbreak. Several have grounded many flights and ditched their financial outlooks.



4 years ago