Latest News on private equity markets

S&P 500 hits record high on rising rate cut hopes

The S&P 500 index hit a record high on Wednesday, led by defensive sectors, as bets of an interest rate cut rose on fears of a slowing global economy due to simmering trade tensions.



5 months ago

U.S. trade, services industry data point to slowing economy

The U.S. trade deficit jumped to a five-month high in May as imports of goods increased, likely as businesses restocked ahead of an increase in tariffs on Chinese merchandise, overshadowing a broad rise in exports.



5 months ago

Global stock markets, bonds rally in expectation of rate cuts

Record low bond yields in Europe and the expectation of further interest rate cuts by central banks worldwide helped push global stock market indices higher Wednesday as the benchmark U.S. S&P 500 hit another record high.



5 months ago

Cramer: Buy pot stock Canopy Growth despite the firing of co-CEO and founder Bruce Linton

"I have no idea why people are selling it," says CNBC's Jim Cramer, arguing the new CEO, who has yet to be named, will help lead the company in a new direction.

5 months ago

Boeing promises $100 million to help families affected by deadly crashes

Boeing Co on Wednesday said it would give $100 million to organizations to help families affected by the deadly crashes of the company's 737 MAX planes in Indonesia and Ethiopia.



5 months ago

Asda boss sees two-three year horizon for possible IPO

The horizon for a possible initial public offering (IPO) and stock market listing of UK supermarket group Asda by its U.S. parent Walmart is two to three years, Asda's boss said on Wednesday.



5 months ago

Weeds Never Sleep on TruCrowd

"The HotZot is the first tool to effectively kill weeds organically with scalding hot water combined with organic herbicides. So if you’re tired of weeding by hand and don’t want to use Roundup, the HotZot is the tool you’ve been waiting for."


The post Weeds Never Sleep on TruCrowd appeared first on Crowditz.


5 months ago

FoldiMate on SeedInvest

"FoldiMate is changing the way we do laundry - putting robotics to work to simplify and automate everyday tasks. Starting with one of the hardest engineering challenges, and most unloved chore - LAUNDRY FOLDING."


The post FoldiMate on SeedInvest appeared first on Crowditz.


5 months ago

Here's one reason why Americans abroad want to surrender their citizenship

Americans residing abroad say that tax complexities are making them rethink their U.S. citizenship, according to a survey from Greenback Expat Tax Services.

5 months ago

UK regulator investigates role of Facebook, Google in ad market

Britain's competition regulator has launched an investigation into the power wielded by Facebook and Google in digital advertising markets, including the ownership of data.



5 months ago

Weed leader Canopy Growth ousts co-CEO Bruce Linton

Canada's Canopy Growth Corp fired founder and co-Chief Executive Officer Bruce Linton, a surprise move that comes just a week after the weed producer's largest shareholder expressed disappointment over its loss-making streak.



5 months ago

Roger McNamee: Tesla's 'fantastic' delivery numbers buy time but they're not a long-term fix

McNamee warns that Tesla needs to become better at the basics, such as manufacturing and forecasting, if it wants to "survive" as an auto company.

5 months ago

Forget San Francisco: 5 cities where Bay Area techies would rather live

As the cost of housing remains sky-high in San Francisco, tech workers in the area are eyeing other U.S. locations where they'd rather settle down, according to a survey from Wealthfront.

5 months ago

German prosecutors intensify Deutsche Bank client investigation: source

German prosecutors are escalating a money laundering inquiry involving Deutsche Bank , including planned raids on wealthy former clients, a person with direct knowledge of the matter told Reuters.



5 months ago

Oil prices steady as U.S. crude stockpiles drop less than expected

Oil prices were steady on Wednesday ahead of a U.S. holiday, after a steep fall the previous session when worries about a slowing global economy outweighed a decision by OPEC and allies to extend crude output cuts.



5 months ago