Latest News on private equity markets

Here's how to maximize traditional and Roth retirement savings

Here's how to maximize traditional and Roth retirement savings

Tax treatment varies among types of retirement accounts, which means the investments you hold in each of them should ideally capitalize on those differences, experts say.

6 years ago
Oil comes off lows as hopes of OPEC cut, stimulus counter virus gloom

Oil comes off lows as hopes of OPEC cut, stimulus counter virus gloom

Oil prices rebounded more than $1 a barrel after earlier hitting multi-year lows on Monday, as hopes of a deeper cut in output by OPEC and stimulus from central banks countered worries about damage to demand from the coronavirus outbreak.



6 years ago
Goldman Sachs halts all non-essential business travel: memo

Goldman Sachs halts all non-essential business travel: memo

Goldman Sachs Group Inc has told its staff that all non-essential business travel should be postponed, according to a memo seen by Reuters.



6 years ago
American Airlines waives change fees as United braces for new flight cancellations

American Airlines waives change fees as United braces for new flight cancellations

American Airlines Group Inc said on Sunday it was waiving change fees on all newly purchased tickets amid declining air travel demand because of the new coronavirus outbreak.



6 years ago
Canada and indigenous group reach tentative deal in dispute that led to road, rail blockades

Canada and indigenous group reach tentative deal in dispute that led to road, rail blockades

Canadian authorities on Sunday reached a tentative deal with an indigenous group in the Pacific province of British Columbia that could end solidarity protests across Canada that have been blocking rail lines and roads for weeks.



6 years ago
Virus recession? Top economist Ed Hyman sees zero US growth the next two quarters

Virus recession? Top economist Ed Hyman sees zero US growth the next two quarters

"More cases are showing up in the U.S. and seem likely to be just the start," Ed Hyman said. "Scope, severity, and duration are uncertain."

6 years ago
United Airlines CEO says it 'likely' it will need to cut additional flights

United Airlines CEO says it 'likely' it will need to cut additional flights

United Airlines Chief Executive Oscar Munoz told employees the U.S. airline would likely need to cut additional flights in the wake of sagging demand because of the coronavirus outbreak, the airline confirmed on Sunday.



6 years ago
U.S. officials talk down coronavirus market panic, tout economic strength

U.S. officials talk down coronavirus market panic, tout economic strength

Trump administration officials on Sunday tried to calm market panic that the coronavirus could cause a global recession, saying the public had over-reacted and that stocks would bounce back due to the underlying strength of the U.S. economy.



6 years ago
CERAWeek energy conference in Houston scrapped over coronavirus worries

CERAWeek energy conference in Houston scrapped over coronavirus worries

Coronavirus concerns prompted organizers on Sunday to cancel the CERAWeek energy conference that annually brings together oil ministers and senior executives from the energy and financial industries, the latest event to be scrapped as the disease spreads.



6 years ago
Exclusive: Norway wealth fund could blacklist four major climate culprits

Exclusive: Norway wealth fund could blacklist four major climate culprits

Norway's $1 trillion wealth fund will exclude four companies for their vast emissions of greenhouse gases, or at least put them on probation to force them to change, the chairman of its ethics watchdog told Reuters.



6 years ago
Advent-led consortium to spend 'billions' on expanding Thyssenkrupp Elevator

Advent-led consortium to spend 'billions' on expanding Thyssenkrupp Elevator

The consortium that won the bid to acquire Thyssenkrupp's elevators division wants to spend billions of euros on expanding the business, a manager at one of three partners said in remarks published on Sunday.



6 years ago
Mainstream Adoption of Digital Currencies Is Still Many Years Away: JPMorgan Blockchain and DLT Report

Mainstream Adoption of Digital Currencies Is Still Many Years Away: JPMorgan Blockchain and DLT Report

Crowdfund Insider | Omar Faridi | Feb 24, 2020 A recent report published by JPMorgan Chase, the world’s sixth-largest bank with around $2.5 trillion in assets, indicates that present blockchain and distributed ledger tech (DLT) developments are laying the groundwork for issuing digital currency, however, mainstream adoption of virtual money might still be many years

6 years ago
Citgo, Aruba reach deal to transfer control of refinery to island government

Citgo, Aruba reach deal to transfer control of refinery to island government

U.S. refiner Citgo has reached an agreement with Aruba to transfer control of the San Nicolas refinery to the island's government, Citgo said late on Saturday, after the two parties last year suspended a contract to overhaul the facility.



6 years ago
These iPhone apps know how you'll spend and save money — even before you do

These iPhone apps know how you'll spend and save money — even before you do

Smartphones are becoming pocket-sized financial coaches, as mobile apps leverage artificial intelligence to push Americans to make smarter money decisions.

6 years ago
Saudi Aramco shares hit lowest since IPO, down over 2%

Saudi Aramco shares hit lowest since IPO, down over 2%

Shares of Saudi Aramco hit 32.50 riyals ($8.66) in intraday trade on Sunday, the lowest since it began trading in December following a record initial public offering, as oil prices plunged amid worries about the global spread of the coronavirus.



6 years ago