Latest News on private equity markets

Federally Chartered Banks and Thrifts May Engage in Certain Stablecoin Activities

Office of the Comptroller of the Currency, Press Release |  Sep 21, 2020 WASHINGTON—The Office of the Comptroller of the Currency (OCC) today published a letter clarifying national banks' and federal savings associations' authority to hold "reserves" on behalf of customers who issue certain stablecoins. Stablecoins refer to cryptocurrency backed by an asset such as


The post Federally Chartered Banks and Thrifts May Engage in Certain Stablecoin Activities first appeared on National Crowdfunding & Fintech Association of Canada.

5 years ago

Open enrollment is coming up — here’s what to watch out for

Amid a public health crisis and the ensuing financial fallout, open enrollment season is even more important this year.

5 years ago

Carvana shares surge 29% after company projects record quarter

The online marketplace for used cars said it expects record revenue in its third quarter.

5 years ago

Americans have lost $145 million to scams linked to Covid-19

More than 205,000 people have reported scams linked to the coronavirus since the beginning of the year.

5 years ago

Here are 3 things to keep in mind to handle market volatility

The stock market has suffered a rough few days. These numbers will help calm you down.

5 years ago

Microsoft unveils Azure Orbital, competing with Amazon to connect satellites to the cloud

Microsoft will offer a new service called Azure Orbital that connects satellites directly to its cloud computing network.

5 years ago

House Democrats push to renew efforts for second round of $1,200 stimulus checks

Senate Republicans left a second set of $1,200 stimulus checks out of their most recent relief bill. House Democrats decried the exclusion in a Congressional hearing on Tuesday. Here's where both sides stand.

5 years ago

Biden calls for an overhaul of 401(k) tax breaks. What it means for you

Democratic presidential contender Joe Biden is calling to "equalize" the tax benefits savers receive for socking money away in a 401(k) plan. Here's how that might look for you.

5 years ago

Carvana shares surge 30% after company projects record quarter

The online marketplace for used cars said it expects record revenue in its third quarter.

5 years ago

Deutsche Bank, JPMorgan lead drop in financial shares amid report the banks moved suspicious funds

The sell-off was triggered by reports that found a number of global banks moved allegedly illicit funds over the past two decades despite warnings from U.S. officials.

5 years ago

Many are chasing the stock market by day trading in the pandemic. It could end badly

Bored at home, more people are turning to the stock market for entertainment and profits. But the average day trader loses money.

5 years ago

Cramer's tempted to 'take the other side' of Monday's rout and look for buying opportunities

CNBC's Jim Cramer, who has been warning people for weeks to lock-in some stock profits, advised investors to look for places to possibly buy in Monday's selloff.

5 years ago

The future relationship between AI and IP

The Law Society UK | Giles Parsons | Sep 16, 2020 Everything a computer does includes copying; data is processed, written to memory, retrieved, and transmitted. Copyright is infringed when the 'expression of the intellectual creation of the author of the work' is copied.  So in order to allow the internet to function, the EU


The post The future relationship between AI and IP first appeared on National Crowdfunding & Fintech Association of Canada.

5 years ago

Men take more travel risks than women and buy more trip insurance, survey finds

A survey from Berkshire Hathaway Travel Protection finds that while men are more likely to take risks when it comes to travel in the age of Covid-19, they're also more likely to hedge their bets by buying travel insurance.

5 years ago

Gangster capitalism and the American theft of Chinese innovation

Techcrunch | Danny Crichton | Sep 20, 2020 It used to be “easy” to tell the American and Chinese economies apart. One was innovative, one made clones. One was a free market while the other demanded payments to a political party and its leadership, a corrupt wealth generating scam that by some estimates has netted


The post Gangster capitalism and the American theft of Chinese innovation first appeared on National Crowdfunding & Fintech Association of Canada.

5 years ago