Latest News on private equity markets

Competition | April 11, 2024 Competition and Markets Authority Tackles AI Foundation Model Concerns The Competition and Markets Authority (CMA) has recently intensified its scrutiny on AI foundation models (FMs), highlighting serious concerns regarding market competition and consumer protection. As the AI landscape evolves rapidly, the CMA's proactive regulatory efforts aim to ensure that the

AI Innovation | April, 11, 2024 The Landscape for AI Supremacy is Accelerating.  Open AI, Google and Mistral Launch New Models Within a span of 12 hours, OpenAI, Google, and Mistral— a French AI startup—unleashed new versions of their advanced AI models, signaling a surge of innovation anticipated over the summer. This rapid sequence of

Mortgage refinance activity plummeted to record lows in 2023 after interest rate hikes. Here are three signs to help you decide when refinancing makes sense.

The consumer price index rose 3.5% in the past year. Housing and gasoline prices kept inflation elevated in March.

The Fed is determined not to reduce interest rates too soon, experts say — a mistake the central bank has made in the past.

Survey Insights | April 9, 2024 How digital transformation is influencing Canadian loyalty to financial institutions The digital age is transforming the landscape of financial services, compelling Canadian financial institutions to reassess their strategies for maintaining customer loyalty. A recent survey by Abacus Data, conducted with 3,550 Canadians, shows the evolving relationship between Canadians and

You can file a federal tax extension for free online and it only takes a few minutes, according to tax experts. Here's what taxpayers need to know.

The Biden administration is moving ahead quickly with its new student loan forgiveness plan, with hopes to start wiping out people's debts this fall.

Fintech Accelerator | April 10, 2024 Apply to EY and ACs Fintech Accelerator Program by April 20, 2024 In partnership with EY, a global powerhouse in finance and banking, the Accelerator Centre (AC) introduces the Fintech Accelerator Program.  The collaboration with EY doesn’t just open doors; it welcomes you into a world of strategic partnerships

DeFi | April 10, 2024 The Avi Eisenberg Case: DeFi on Trial The trial of Avi Eisenberg, accused of orchestrating a $110 million fraud on the Mango Markets DeFi platform, highlights the complexities inherent in DeFi and is evolving into a litmus test for the application of traditional legal frameworks to the rapidly emerging digital

Consultation | April 10, 2024 Digital Securities Sandbox Joint Bank of England and FCA Consultation Paper The Bank of England, in conjunction with the Financial Conduct Authority (FCA), has released a consultation paper on the implementation and operation of the Digital Securities Sandbox (DSS) and is seeking feedback on a wide array of topics. The

DeFi | April 10 2024 The SEC's Wells notice to Uniswap signals tighter DeFi regulation is coming The U.S. Securities and Exchange Commission (SEC) just issued a Wells notice to Uniswap, a leading decentralized exchange, reflecting the SEC's increasing scrutiny of the DeFi space, a sector that has seen explosive growth but also faces questions

Bank customers with trust accounts may see their FDIC insurance coverage limits lowered under new changes. Here's what to know.

The NFIB's survey showed a reading of 88.5, down nearly a point from February to the lowest since December 2012.

Rather than hop on the latest extreme fad, which may be hard to sustain in the long run, establishing a routine is necessary for building wealth, experts say.