Wall Street hits record high on rate cut optimism
The three main indexes hit record intraday highs on Friday, continuing a strong run for the week on hopes of an interest rate cut this month,...
Market wire
Latest news on private equity markets
Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
Jeremy Siegel: Stocks could add another 5% onto record rally by year-end thanks to the Fed
The longtime market bull says, "We may go up 10% or 12% before we sell off," Siegel added, noting the Fed tends to overshoot when adjusting...
These pension plans are at risk of going broke. Now lawmakers need to agree on a fix
Retirement benefits for more than 1 million people could be at risk if nothing is done to help save underfunded multiemployer pensions. The House of Representatives...
Renault-Nissan audit findings submitted to French prosecutors
Renault has handed French prosecutors the conclusions of an audit into its joint finances with alliance partner Nissan , the carmaker said on Friday.
EU legal advice favors Vivendi in feud with Mediaset
An Italian law that forced French media group Vivendi to forfeit most of its voting rights in Italian broadcaster Mediaset may not comply with European rules,...
Wall Street stocks climb, dollar drops on rate-cut optimism
U.S. stocks edged higher and the dollar fell as hopes rose for an imminent interest-rate cut, while oil futures were little changed as supply worries triggered...
She has $500,000 in student loans, as more borrowers are saddled with six-figure balances
The share of student loan borrowers with balances in the six-figures is on the rise.
Oil edges up as storm hampers U.S. supply, glut forecasts weigh
Oil futures edged up on Friday as U.S. Gulf of Mexico crude output was halved by disruptions caused by a tropical storm, but concerns over a...
AB InBev Asia delays pricing world's largest IPO of 2019: sources
Budweiser Brewing Company APAC , the Asia-Pacific business of Anheuser-Busch InBev (AB InBev) , has delayed pricing its Hong Kong IPO in what was set to...
Johnson & Johnson faces criminal probe related to baby powder: Bloomberg
The U.S. Justice Department is pursuing a criminal probe into whether Johnson & Johnson lied about potential cancer risks of its talcum powder, Bloomberg reported, citing...
Know Your Metrics: Startup Financial Statements
In order to get a pulse on how a startup is doing, it’s important to be able to read and digest their financial statements. Continue reading
These stocks are second-half comeback stories, according to Wall Street analysts
CNBC combed through Wall Street research over the last week to see which stocks analysts say to look at in the second half of the year.
Volkswagen zooms ahead in extension of alliance with Ford to electric, automated cars
Ford Motor Co and Volkswagen AG said they will spend billions of dollars to jointly develop electric and self-driving vehicles, deepening a global alliance to slash...
Canada's struggling energy industry takes stock at annual Stampede party
Frustration is palpable among Canadian energy executives who have flocked to the annual Calgary Stampede celebrations in Canada's oil capital this week, even though a recent...
Wall Street rises on rate cut optimism; S&P 500, Dow hit new highs
The S&P 500 and the Dow Jones Industrial Average hit fresh record highs on Friday, as the indexes continued a strong run for the week on...