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Latest News on private equity markets

If you live with your partner and are unmarried, this is what happens when you die

Couples who live together without getting married don't enjoy the same legal protections that married counterparts have, especially if one of you gets really sick or passes away.

4 years ago

The global economy is heading for its worst year since the financial crisis, Bank of America says

GDP is projected to slow to 2.8% for 2020, which BofA Global Research said would be the first sub-3% reading since the recession.

4 years ago

Futures slump on alarm over fast-spreading virus

U.S. stock index futures dropped more than 1% on Thursday as investors stayed away from making riskier bets after the rapid spread of the coronavirus outside China deepened worries about growth and corporate earnings.



4 years ago

Op-Ed: This stock trade tax will not hurt the average investor

As talk increases of a financial transaction tax, some industry groups are raising the alarm that average Americans will be hurt by any such levy. Their warnings, however, misleadingly rely on selective and often inappropriate data, says Taylor Lincoln, research director for Public Citizen.

4 years ago

Bayer cools prospect of imminent glyphosate settlement

German drugs and pesticides company Bayer was at pains on Thursday to quell expectations it was nearing an out-of-court settlement laying to rest claims its glyphosate-based weedkillers cause cancer.



4 years ago

Oil drops more than 5%, breaking below $47 as collapse continues

Oil prices are getting whacked as investors fear that the coronavirus outbreak will lead to steep demand reductions for crude.

4 years ago

You're about to lose the cash in this tax-advantaged account

If you failed to use all the money in your health-care flexible spending account in 2019, you're running out of time to do so. March 15 is the deadline for employees who received a reprieve from their employers. Here's how to best use the money.

4 years ago

Huawei plans first European 5G factory in France in bid to ease Western worries

Huawei will build its first European manufacturing plant in France, the chairman said on Thursday, as the Chinese telecom giant seeks to ease worldwide concerns based on U.S. allegations that Beijing could use its equipment for spying.



4 years ago

As coronavirus spreads, here's what to watch out for when it comes to your money

From retirement savings to mortgages to credit card interest rates, there are many areas of the economy that the coronavirus could touch. Here's what we know now about the ways the outbreak could affect your money.

4 years ago

Wall Street in correction territory on alarm over fast-spreading virus

Wall Street's main indexes slipped into correction territory minutes after the open on Thursday as the rapid spread of the coronavirus outside China deepened worries about growth and corporate earnings.



4 years ago

Fed rate cut next month? Traders are betting on it

The U.S. central bank will move to reduce borrowing costs as soon as next month to cushion the world's biggest economy from the impact of the coronavirus, traders of futures contracts tied to the Federal Reserve's policy rate are now betting.



4 years ago

Travel insurance policies spike amid coronavirus outbreak

Researchers at a travel insurance comparison site report a 60% jump in policies sold since the coronavirus outbreak. But before buying trip insurance, read the fine print.

4 years ago

U.S. fourth-quarter GDP unrevised; weakness in business spending persists

The U.S. economy grew moderately in the fourth quarter, the government confirmed on Thursday, and is facing a bumpy road in early 2020 amid the fast-spreading deadly coronavirus that has roiled financial markets.



4 years ago

Wall Street set for steep fall on alarm over fast-spreading virus

Futures indicated that the Dow Jones Industrials index would shed more than 300 points at the open on Thursday after the rapid spread of the coronavirus outside China deepened worries about growth and corporate earnings.



4 years ago

Oil prices slide for fifth day to lowest in a year as virus fears grow

Oil prices plunged more than 4% on Thursday, down for a fifth day to their lowest since January 2019 as more new coronavirus cases outside China fed fears of a pandemic that could slow the global economy and dent demand for crude.



4 years ago