Latest News on private equity markets

U.S. job growth accelerates; wages rise moderately

U.S. job growth rebounded strongly in June as government hiring surged, but persistent moderate wage gains and mounting evidence that the economy was losing momentum could still encourage the Federal Reserve to cut interest rates this month.



5 months ago

Instant View: U.S. job growth surges, but wage growth remains tepid

U.S. job growth rebounded strongly in June, but moderate wage gains and mounting evidence that the economy was slowing sharply could still encourage the Federal Reserve to cut interest rates this month.



5 months ago

Wall Street opens lower after strong jobs data

U.S. stocks slipped at the open on Friday as a strong rebound in U.S. job growth in June dashed hopes of an aggressive interest rate cut by the Federal Reserve later this month.



5 months ago

Nearing retirement? This checklist can help make sure you're financially ready

Regardless of what the next phase of your life looks like, there are some financial aspects you should consider now to help the transition go smoothly.

5 months ago

Traders still believe the Fed will cut by a quarter point in July even after blowout jobs report

A blowout jobs report has traders believing the Federal Reserve will cut rates less aggressively now.

5 months ago

China says there will be no trade deal unless existing tariffs are stripped

The U.S. has to lift all the tariffs placed on Chinese goods if there is to be a trade deal, China's Ministry of Commerce said on Thursday.

5 months ago

Nordic banks join forces to combat money laundering

The Nordic region's six major banks announced the creation of a customer checking center on Friday, with the initiative expected to help their efforts to crack down on money launderers and recover from a scandal that has damaged the sector's reputation.



5 months ago

Mexican judge issues arrest warrants for ex-Pemex CEO Lozoya, four others

Mexico's attorney general's office said on Friday that a judge has issued arrest warrants for the former chief executive of state oil firm Pemex, Emilio Lozoya, and four more people in a graft case involving Brazilian builder Odebrecht.



5 months ago

Students' knowledge of how to pay for college is 'shockingly low'

Students' knowledge of the financial aid process is "shockingly low."

5 months ago

Tempered expectations of Fed rate cut sink stocks globally

A strong U.S. jobs report that tempered expectations of an aggressive interest rate cut by the Federal Reserve later this month and weak economic data in Germany helped push global stock indices lower Friday after hitting record highs earlier this week.



5 months ago

Kudlow: Jobs report shows country is in a 'very strong prosperity cycle,' but Fed should still cut

Larry Kudlow, director of the National Economic Council, is "very optimistic" about the health of the U.S. economy but believes the Fed should "take back the interest rate hike."

5 months ago

Wall St. slips as strong jobs data tempers bets of aggressive rate cut

U.S. stocks fell on Friday, retreating from record closing highs, after a strong rebound in U.S. job growth in June dashed hopes of an aggressive interest rate cut by the Federal Reserve this month.



5 months ago

Brent oil inches up on Iran tensions and OPEC, while U.S. crude falls

Brent oil ticked higher on Friday, supported by tensions over Iran and the decision by OPEC and its allies to extend a supply cut deal until next year, while U.S. benchmark crude prices fell on weak economic indicators.



5 months ago

Volkswagen, Ford reach outline agreement to share electric, autonomous tech: source

Ford and Volkswagen have reached an outline agreement to share electric and autonomous car technologies, extending their alliance beyond a cooperation on commercial vehicles, a source familiar with the matter said on Friday.



5 months ago

Brent oil rises on Iran tensions and OPEC, U.S. crude slips

Brent oil prices edged up on Friday, supported by tensions over Iran and a decision by OPEC and its allies to extend an output supply cut deal until next year, while U.S. benchmark crude prices fell on weak economic indicators.



5 months ago