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Latest News on private equity markets

Here's why you haven't received your tax refund

Tax refunds can be a significant source of emergency cash, especially at a time when households' finances are pinched. A few unfortunate taxpayers have been waiting since this spring to get their money back.

5 years ago

Bill Ackman's new blank-check company will be a $4 billion bet on a so-called 'Mature Unicorn'

Bill Ackman's new investment vehicle Pershing Square Tontine Holdings plans to offer 150 million shares at $20 apiece, according to a Securities and Exchange Commission filing.

5 years ago

Bill Ackman's new blank check company may be a $4 billion bet on a so-called 'Mature Unicorn'

Bill Ackman's new investment vehicle Pershing Square Tontine Holdings plans to offer 150 million shares at $20 apiece, according to a Securities and Exchange Commission filing.

5 years ago

Barstool's Dave Portnoy says he'll focus on sports betting when sports return

"I'm enjoying the stock stuff ... It's been fun ... but I'm a sports guy. I'm a sports better," Barstool Sports founder Dave Portnoy said after jumping into day trading.

5 years ago

U.S. banks are 'swimming in money' as deposits increase by $2 trillion amid the coronavirus

The wall of money flowing into banks has no precedent in history: in April alone, deposits grew by $865 billion, more than the previous record for an entire year.

5 years ago

Insurer launches overseas and domestic road trip coverage for pandemic-era travelers

Seven Corners has launched two new trip policies tailored to the needs of pandemic-era travelers: A medical plan covering overseas medical expenses incurred due to Covid-19 infection, and a North American road trip insurance policy designed to appeal to drivers as interest in motor holidays rises.

5 years ago

Expanding the definition of entrepreneur

McGill Alumni News | Tracey Lindeman | May 2020 Who gets to be called an entrepreneur? In 2020, we generally picture young men in hoodies staring intently into laptops. Or perhaps a slightly more diverse cast of people dressed in business casual, discussing the merits of spreadsheets in the cloud. We may even imagine a

5 years ago

US Fed Chair Says Private Entities Should Not Help Design Central Bank Digital Currencies

Coindesk | Nikhilesh De | Jun 17, 2020 Private entities aren’t needed to build central bank digital currencies, said the head of the U.S. central bank on Wednesday. Federal Reserve Chairman Jerome Powell, speaking before the House Financial Services Committee, said the idea of a digital dollar – referring to a blockchain-based version of the

5 years ago

JANA Partners pushes for changes at a government contractor with an activist-friendly chairman

JANA Partners is a very experienced activist investor with experience in this industry.

5 years ago

Here are some helpful work-from-home tips from a telecommute pro

One expert discusses challenges that remote workers and their companies may want to think about as telecommuting becomes more standard.

5 years ago

Banking Needs 360-Degree View of Customer Journey

The Financial Brand | Jim Marous | Jun 2, 2020 “Identity is the foundation that allows brands to deliver relevant messages, while reducing waste, customer churn and optimizing return on marketing investment,” said Ric Elert, President and chief operating officer at Epsilon. “When brands get identity right, it gives them a fighting chance to not

5 years ago

A tale of two recessions: Some Americans thrive as others suffer

The recession is playing out much differently across wealth, race and gender divides. Some are bearing the brunt of the economic contagion, while others hardly feel a thing.

5 years ago

Gen Z borrowers are unaware of Covid-19 student loan relief programs, study finds

Gen Z may be in the dark about relief programs for their student loans. Whether you have federal or private loans, seek out the information to find what's available.

5 years ago

As Dems, GOP spar over student debt relief, here's what borrowers can expect in the coming months

More politicians and consumer advocates are warning that Americans were already struggling with their student loans before the country fell into a recession, and that without deeper relief, millions of borrowers will face financial ruin.

5 years ago

Don't let the recession tempt you into these risky investments

Buying penny stocks like Hertz can offer a short-term upside, but such speculative investments are rarely worth the risk.

5 years ago