Latest News on private equity markets

Republican Senator predicts U.S. will not impose tariffs on Mexico

Chuck Grassley, the Republican chairman of the U.S. Senate Finance Committee, predicted on Wednesday that the United States and Mexico would strike a deal to avert tariffs President Donald Trump has threatened to impose on Mexican imports.



1 year ago

Fed policymakers promise response if U.S. economy slows

Signs that the economy is losing momentum hung over a Federal Reserve summit for a second straight day as policymakers hinted they would be ready to cut interest rates if the U.S. trade war threatens a decade-long expansion.



1 year ago

Trump adviser, influential senator cast doubt on Mexico tariffs

A White House trade adviser and a leading Republican senator said on Wednesday that a U.S. plan to impose tariffs on Mexican goods might not go into effect, offering hope for Mexico and American businesses concerned about economic damage from a new front in President Donald Trump's trade wars.



1 year ago

Trump says he thinks Mexico wants a deal, tariff threat stands

U.S. President Donald Trump said on Wednesday he thinks Mexico wants to make a deal in the neighbors' immigration dispute, but that he will go ahead with tariffs on Mexican goods if it does not do more to control migration.



1 year ago

Bernie Sanders accuses Walmart of paying 'starvation wages'

Democratic U.S. presidential hopeful Bernie Sanders said Walmart Inc should increase wages for its workers and stop fueling income inequality in the country.



1 year ago

U.S. services sector activity perks up; eases gloom over economy

U.S. services sector activity expanded at a brisk pace in May and industries hired more workers, offering some respite for an economy that is slowing following a temporary boost from exports and an accumulation of inventories in the first quarter.



1 year ago

Wall St. gains as weak private jobs data raises rate cut bets

U.S. stocks rose on Wednesday as expectations of an interest rate cut by the Federal Reserve were boosted by weak private sector jobs growth and on hopes that tariffs on Mexican goods could be avoided.



1 year ago

U.S. SEC adopts rules to prevent broker conflicts, boost disclosure

The U.S. Securities and Exchange Commission (SEC) on Wednesday voted to adopt a package of rules requiring brokerage firms to disclose potential conflicts in the fees investors pay and the commissions brokers earn when giving financial advice.



1 year ago

Exclusive: GM CEO defends plan to sell Ohio plant to startup

General Motors Chief Executive Mary Barra on Wednesday defended the automaker's plan to sell an assembly plant in Ohio, arguing the plan to sell the plant to an electric vehicle start-up was thoroughly vetted and had a chance of success.



1 year ago

Mexican president has list of potential retaliatory tariffs on U.S.: sources

Mexican President Andres Manuel Lopez Obrador has received an official list of U.S. products that could be subject to retaliatory tariffs if across-the-board duties threatened by the Trump administration take effect, officials said on Wednesday.



1 year ago

10 FinTech Influencers to Follow if You’re Into Digital Lending

Guest Post | June 5, 2019 Fintech as an industry got so big that following people who know things about it in general doesn’t cut it anymore. If you’re working in lending software niche, like I do, you need influencers, passionabos and opinion leaders with specific expertise to help you stay on top of all

1 year ago

BT to close most of UK office locations under new CEO

Britain's former telecoms monopoly BT will consolidate its UK offices from 300 locations to roughly 30 sites while pressing ahead with plans to leave its St Paul's headquarters in London, the company said on Wednesday.



1 year ago

Meg Whitman said she was happy to throw HP predecessor 'under the bus' over Autonomy deal

Meg Whitman, the former boss of Hewlett-Packard, said she was happy to throw her predecessor Leo Apotheker "under the bus" in a moment of anger over the botched acquisition of British software company Autonomy, London's High Court heard on Wednesday.



1 year ago

Fintech Disruptor KOHO Brings The Best Cashback Card to Market With its New Premium Offering

Koho release | June 6, 2019 TORONTO, June 05, 2019 (GLOBE NEWSWIRE) -- Weeks after announcing the close of its precedent-setting $42 million Series B fundraise, KOHO continues to push the industry forward by offering the best cashback program available to Canadians. No other prepaid card on the market offers cashback to consumers, and KOHO

1 year ago

Fed says contacts worry about trade war; economy growing modestly

The U.S. Federal Reserve on Wednesday reported that its contacts at companies across the country were worried that international trade tensions could weigh on business even as economic activity picked up.



1 year ago