Latest News on private equity markets

Mega Millions jackpot is $1.1 billion. How big winners can prep for 'the inevitable asking for money' from family, friends

While winning can make you a target for people seeking to benefit from your newfound wealth, there are ways to minimize the requests for money.

3 years ago

Americans lean more on credit cards as expenses stay high: 46% of cardholders now carry debt from month to month

More Americans carry credit card debt from month to month as living expenses stay high, according to a new report by Bankrate.

3 years ago

Biden administration proposes new student loan repayment plan that could cut some payments in half

The U.S. Department of Education proposed regulations on Tuesday that would reduce the monthly bills for certain federal student loan borrowers.

3 years ago

Hong Kong’s Finance Regulator Says ‘Blocks are Ready’ to Grow Digital Asset Ecosystem

Coindesk | Lavender Au | Jan 10, 2023 While the industry has known for a while that a regulatory framework was incoming, it did not expect the shift in stance. Many of the stalls and panels at FinTech Week were related to the metaverse, and top regulators came out in force to advocate for the


The post Hong Kong’s Finance Regulator Says ‘Blocks are Ready’ to Grow Digital Asset Ecosystem first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago

House Republicans vote to strip IRS funding, following pledge to repeal nearly $80 billion approved by Congress

House Republicans on Monday night voted to slash funding for the IRS, following a pledge to repeal the nearly $80 billion approved by Congress last year. 

3 years ago

Coinbase is Cutting 950 Employees (20%) | Brother of Former Employee 10 months Sentence for Insider Trading

Reuters | Manya Saini and Niket Nishant | Jan 10, 2023 Coinbase Global Inc said on Tuesday it will cut about 950 jobs, or 20% of its workforce, as part of a restructuring plan that marks the third round of layoffs for the cryptocurrency exchange since last year. The company, whose shares were up 3.3%


The post Coinbase is Cutting 950 Employees (20%) | Brother of Former Employee 10 months Sentence for Insider Trading first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago

Approaching age 62? What you need to know about Social Security's 8.7% cost-of-living adjustment and claiming benefits

If you're tempted to claim Social Security retirement benefits early, experts say it may be wiser to wait.

3 years ago

PBOC Restructures Ant Group: Jack Ma to Lose Control

BBC | Tom Espiner | Jan 8, 2023 The billionaire founder of Ant Group, Jack Ma, is to give up control of the Chinese fintech giant after a regulatory crackdown, and will own just 6% (down from over 50%) after restructuring. 2 year forced restructuring and $1B fine: Ant Group runs Alipay, the main online


The post PBOC Restructures Ant Group: Jack Ma to Lose Control first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago

How to retire with $2 million if you make $100,000 per year

Retiring with $2 million on an annual salary of $100,000 might seem out of reach, but it's certainly possible. CNBC's Emily Lorsch breaks it all down.

3 years ago

If you want higher pay, your chances are better now than in 6 months, says expert: ‘Make your moves as soon as possible’

A strong labor market means employees have the upper hand. But that may not last for long, experts say.

3 years ago

Successfully applying for Social Security disability is difficult. Applying as a long Covid patient is even trickier

Even as long Covid puts millions of Americans out of work, proving the condition may be a high hurdle for Social Security disability benefits.

3 years ago

FT Partners Jan 2023 Blockchain and Crypto Market Update Report

FT Partners | Jan 9, 2023 FT Partners is pleased to present you with the latest installment of our "CEO Monthly Blockchain & Cryptocurrencies Market Update & Analysis." The report can be downloaded here. FinTech Financings * Revolut Raises $1.25 billion in Financing at a $33 billion Valuation (FT Partners Advised) * Bolt Raises $355 million in Financing at an $11


The post FT Partners Jan 2023 Blockchain and Crypto Market Update Report first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago

12 million people got a refund from the IRS for a tax break on 2020 unemployment benefits

The IRS finished issuing relief to people who qualified for a federal tax break on up to $10,200 of unemployment compensation received in 2020.

3 years ago

Is USDCs Blockrock Money Fund a Back door CBDC?

Bank Policy Institute | Jan 4, 2023 Circle is shifting many of the assets backing its USDC stablecoin from direct holdings of Treasury securities to a government-only money market mutual fund created by BlackRock for Circle’s sole use, known as the Circle Reserve Fund.  80/20: The remaining 20 percent will remain bank deposits for the


The post Is USDCs Blockrock Money Fund a Back door CBDC? first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago

TikTok’s Real-time Payment Infrastructure Enabled by J.P. Morgan

Charged | George Iddenden | Jan 6, 2023 TikTok parent ByteDance has been enlisting the help of J.P. Morgan for payments technology for its push to expand into more than two dozen markets and rich millions more users.  The tie up marks just one piece of ByteDance’s broader push into the fintech sector. Revenue growth:


The post TikTok’s Real-time Payment Infrastructure Enabled by J.P. Morgan first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago