Latest News on private equity markets

Wall Street drops as strong jobs report cools rate cut hopes

U.S. stocks lost ground on Friday, retreating from record levels hit in the previous session, after strong U.S. job growth in June pushed investors to scale back bets on aggressive interest rate cuts by the Federal Reserve.



5 months ago

BMW poised to pick production chief as CEO after Krueger bows out

BMW board member Oliver Zipse, a 55 year-old company veteran, is the front runner to become the carmaker's new chief executive, sources said on Friday after Harald Krueger announced he would not stay on beyond April 2020.



5 months ago

Graphic: America's economy and wages are cooling but not its female workforce

Data released on Friday showed a return to strong job growth in the United States, allaying some fears the U.S. economy is on a short path to recession. But the data also reinforced the view that economic growth is slowing.



5 months ago

Fed describes labor market as strong, weak inflation as 'transitory'

U.S. economic growth continued "at a solid pace" in the first half of the year though it likely weakened in recent months as higher tariffs depressed global trade and business investment weakened, the Federal Reserve said on Friday in its semi-annual report to Congress.



5 months ago

Exit of Deutsche Bank's investment bank chief marks end of era

The head of Deutsche Bank's investment bank agreed to step down on Friday in a sign of the division's waning influence as Germany's largest lender prepares a multi-billion dollar restructuring aimed at reversing a decline in its fortunes.



5 months ago

U.S. job growth accelerates, July rate cut still expected

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



5 months ago

Fed faces tougher task in deciding whether to cut U.S. rates

U.S. employers are hiring workers at a brisk pace, but that is only making the Federal Reserve's job harder.



5 months ago

How Facebook's Libra could lead you to clean out your wallet

Facebook's upcoming cryptocurrency Libra has some experts concerned about security issues. A possible bigger problem: out-of-control spending by consumers.

5 months ago

Trump's Fed pick Shelton says she doesn't want to 'pull the rug out' from under the stock market

She sees an economy that is booming and thinks the central bank should not be a force standing in its way.

5 months ago

Electronic Arts shares tumble after Apex Legends season 2 launch

Electronic Arts fell more than 5% on Friday morning, just days after the release of Apex Legends season 2.

5 months ago

Trump: 'If we had a Fed that would lower interest rates, we'd be like a rocket ship'

President Donald Trump lambasted the U.S. central bank yet again on Friday.

5 months ago

Mexico and U.S. try new trade fix to win over Democrats: official

Mexico is working closely with U.S. Trade Representative Robert Lighthizer to close a loophole in the new North American trade deal, aimed at satisfying demands of U.S. Democratic lawmakers for tougher labor and environmental provisions, a senior Mexican official said.



5 months ago

Mexico issues arrest warrants for ex-Pemex CEO Lozoya, family members

Mexico's attorney general's office said on Friday that a judge issued arrest warrants for the former chief executive of state oil firm Pemex, Emilio Lozoya, three of his family members and one other person, in a graft case involving Brazilian builder Odebrecht.



5 months ago

Wall Street slips on cooling rate cut hopes

U.S. stocks fell on Friday, slipping from record levels hit in the previous session, as strong U.S. job growth in June pushed investors to scale back bets on aggressive interest rate cuts by the Federal Reserve.



5 months ago

UK competition regulator puts brake on Amazon's Deliveroo deal

Britain's competition regulator has stepped in to pause Amazon's deal with online food delivery group Deliveroo while it considers launching a full investigation.



5 months ago