Latest News on private equity markets

It's a scary time financially. How to avoid panic

Around 2 in 3 adults report that money is "a significant source of stress" in their lives, according to a survey by the American Psychological Association. These steps may help calm you down a bit.

5 years ago

Long-term unemployment spikes for millions of Americans. Aid that’s kept them afloat may end soon

As of September, 2.4 million Americans have been unemployed for more than 27 weeks due to the coronavirus pandemic. The aid that many have relied on may soon end.

5 years ago

Retail investors are becoming more than shareholders

Andreeson Horowitz |  Matthieu Hafemeister |  Oct 23, 2020 Historically, the definition of an investor has been almost entirely focused on the financial component: the flow of capital from those who have it to those who need it. More recently, the venture capital model expanded the perception of what it means to be an investor.


The post Retail investors are becoming more than shareholders first appeared on National Crowdfunding & Fintech Association of Canada.

5 years ago

Trump says he 'prepaid' his taxes. So do millions of other Americans. Here's what that may mean

During the final debate on Thursday, President Donald Trump said that he prepaid millions of dollars in taxes. Experts think he meant quarterly estimated payments. Here's what you should know about them.

5 years ago

GOP’s Marco Rubio: I'm open to voting for higher Covid stimulus because Americans need help

"I think the price of not doing something is even higher," the Florida Republican told CNBC on Thursday. "I'm willing to be flexible about it because I think it's that important."

5 years ago

Pulled money from a 401(k) plan for an emergency? What it means for your taxes

The CARES Act gave savers friendlier terms in the event they tap a last-resort pot of cash: a withdrawal of up to $100,000 from a retirement account. Be aware that you still have to prepare for a tax bill.

5 years ago

Here's how to handle an unexpected windfall of money

Depending on the assets you're inheriting, you may need to take steps to ensure you avoid unexpected taxes or expenses.

5 years ago

Paul Tudor Jones says he likes bitcoin even more now, rally still in the 'first inning'

The longtime trader believes inflation will make a comeback and bitcoin is the best hedge against it.

5 years ago

Bank Shot: Canada may be a laggard, but these B.C. fintechs are ready for open banking

BCBusiness | Michael McCullough | Oct 20, 2020 Will COVID-19 be the shock that finally shakes up our stodgy (and expensive) payment systems? If you’re like me, you have a small pile of change on your dresser or bedside table. It’s been making the rounds of your pants and jacket pockets for months. As the


The post Bank Shot: Canada may be a laggard, but these B.C. fintechs are ready for open banking first appeared on National Crowdfunding & Fintech Association of Canada.

5 years ago

Goldman is clawing back millions in pay from CEO David Solomon, Lloyd Blankfein and others

The punishment meted out by the board of the New York-based bank may be viewed as an indirect acknowledgement that Goldman's leaders had some responsibility for the episode.

5 years ago

What’s a custodian bank do in a blockchain world?

DigFin |Oct 21, 2020 BNP Paribas Securities Services is reinventing a bank’s value where processing is no longer needed. One of the benefits of blockchain-based projects at Australia Stock Exchange and Hong Kong Stock Exchange is they will eliminate the bulk of post-trade processing. No more reconciliations between investors, corporates, brokers and custodians – because


The post What’s a custodian bank do in a blockchain world? first appeared on National Crowdfunding & Fintech Association of Canada.

5 years ago

Goldman is clawing back or cutting millions in pay from CEO Solomon, Blankfein and others over 1MDB

The punishment meted out by the board of the New York-based bank may be viewed as an indirect acknowledgement that Goldman's leaders had some responsibility for the episode.

5 years ago

Unemployment claims are down. It’s not all for good reasons

About 1 million fewer workers were collecting state unemployment benefits the week of Oct. 10 relative to the week prior, the Labor Department said Thursday. Much of that reduction likely isn't attributable to people returning to work.

5 years ago

How to snare more income from your investments in a time of low Treasury yields

With yields near zero on the historical benchmark for safe income — U.S. Treasurys — investors may need to add some risk to the income portion of their portfolio.

5 years ago

JPMorgan Chase takes on Square and PayPal with smartphone card reader, faster deposits for merchants

JPMorgan Chase is making a play to sell more services to millions of American small business owners, CNBC has learned.

5 years ago