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Latest News on private equity markets

Crude prices mixed as lockdowns ease, U.S.-China tensions threaten demand

Oil prices were mixed on Monday as countries started to ease coronavirus lockdowns, though a fresh spat between the United States and China over the origin of the virus weighed on prices.



5 years ago

Banks baffle investors as art meets science in accounting rule

Like the myriad approaches governments are taking to tackle the coronavirus crisis, the way the world's top banks are calculating their potential losses also differs widely, with puzzling outcomes for investors.



5 years ago

How Citi and Flywire sped payments to get PPE from China to Boston

Payment Source | John Adams | May 4, 2020 The shortage of personal protective equipment (PPE) for medical workers is one of the most troublesome elements of the coronavirus outbreak, though prior work to declutter cross-border supply chain payments provides some hope. “Numerous supply chains have been disrupted. Medical supply chains for personal protective equipment

5 years ago

Challenger banks’ app downloads slump by 23.38% amid pandemic

Finbold | Oliver Scott | Apr 29, 2020 Leading challenger banks have witnessed a significant drop in the number of new app downloads in the wake of the Coronavirus pandemic. Data compiled by Finbold.com indicates that on average, the challenger banks’ app downloads dropped by 23.38% by the end of March 2020 compared to February

5 years ago

Cramer says Trump can't raise tariffs on China with 30 million unemployed: 'That is 1932'

Cramer warned that the U.S. economy may be too weak to handle another trade spat with China and discouraged Trump from imposing new tariffs.

5 years ago

Ferrari slowed by coronavirus, but not driven off course

Luxury sports car maker Ferrari still expects to make more than $1 billion in core profit this year, providing a relative beacon of stability in an auto industry ravaged by the coronavirus crisis.



5 years ago

Trump is insisting on a payroll tax cut for workers. Why some experts say it's a 'terrible' idea

In a new interview, President Donald Trump has insisted that any new stimulus legislation must include payroll tax cuts for workers. While such a move would give Americans more money in their paychecks, experts say it neglects a key part of the population: the unemployed.

5 years ago

Wells Fargo receives 'outstanding' rating for community lending

Wells Fargo & Co said on Monday it has received an "outstanding" rating on a U.S. regulatory test for community lending between 2012 and 2018.



5 years ago

How to rethink your retirement income strategy as more firms cut dividends

More than 200 stocks this year have reduced or suspended their dividends, 44 of them on the S&P 500 index. Here's how retirees should view those changes.

5 years ago

Amazon plans to extend closure of French warehouses until May 8

Amazon plans to extend the closure of its French warehouses until May 8 included, the e-commerce giant said on Monday.



5 years ago

Oil up as countries ease lockdowns, but U.S.-China spat weighs

Oil rose on Monday as more countries announced they would begin easing coronavirus lockdowns and crude supply cuts take hold, though a fresh spat between the United States and China over the origin of the virus limited the rise in prices.



5 years ago

S&P 500, Dow dip as Buffett ditches airlines, China tensions flare

The S&P 500 and Dow Jones dropped for the third session on Monday following a U.S.-China spat over the origins of the coronavirus outbreak and billionaire Warren Buffett's Berkshire Hathaway's move to dump stakes in major U.S. airlines.



5 years ago

Unemployment benefits will be reduced after July 31

That extra $600 a week in federal aid that jobless workers currently receive in unemployment benefits will only last for a few months.

5 years ago

Coronavirus will constrain U.S. meat supply despite Trump order: Tyson Foods

The coronavirus crisis will continue to idle U.S. meat plants and slow production, Tyson Foods Inc said on Monday, signaling more disruptions to the U.S. food supply after U.S. President Donald Trump ordered facilities to stay open.



5 years ago

Businesses continue to apply for a PPP loan. Forgiveness remains uncertain

Companies that were able to make the cut and qualify for the Paycheck Protection Program have another fight on the horizon: having their loan forgiven. Here's why it's so hard to figure that out.

5 years ago