Melvin Capital posts return of more than 20% in February, sources say
The hedge fund at the center of the GameStop saga gained more than 20% in February.
Latest News on private equity markets
4 years ago
Covid relief bill won't extend eviction ban set to expire this month. Millions of Americans could be at risk of losing their homes
Covid relief bill doesn't extend eviction ban that's set to expire this month
4 years ago
Will unemployment benefits end after a year? Extensions should prevent it
Workers who began getting jobless benefits last March are reaching the end of their "benefit year." That would typically mean aid reduction or ineligibility.
4 years ago
Here’s what you need to know about a Covid-related distribution from your 401(k) before filing that tax return
If you took money from your retirement account for Covid-related reasons last year, there are reporting and tax-payment requirements for your 2020 return.
4 years ago
Shares of Rocket Companies, a large short target of hedge funds, jump more than 20%
The online mortgage provider currently has large short bets placed against it by hedge funds.
4 years ago
The $7.25 minimum wage doesn't help families pay the bills in any state
Democrats are shelving their plans for a $15 federal minimum wage for now. The current minimum, $7.25, isn't a living wage for full-time workers in any state.
4 years ago
Review: Financial Consumer Agency of Canada (FCAC) submission to Advisory Committee on Open Banking
FCAC | March 2021 Overview The Financial Consumer Agency of Canada (FCAC) is a federal financial sector regulator, which oversees federally regulated financial entities’ compliance with consumer protection measures, promotes financial education, and raises consumers’ awareness of their financial rights and responsibilities. In addition, FCAC is responsible for monitoring and evaluating trends and emerging issues
The post Review: Financial Consumer Agency of Canada (FCAC) submission to Advisory Committee on Open Banking first appeared on National Crowdfunding & Fintech Association of Canada.
4 years ago
A $15 federal minimum wage would give 19 million women a raise — but it might not happen anytime soon
It's looking like the federal minimum wage won't be increased anytime soon — news that will hit women harder than men.
4 years ago
The $7.25 minimum wage can’t pay all the bills in any state
Democrats are shelving their plans for a $15 federal minimum wage for now. The current minimum, $7.25, isn't a living wage for full-time workers in any state.
4 years ago
Shares of Rocket Companies, a large short target of hedge funds, jump more than 30%
The online mortgage provider currently has large short bets placed against it by hedge funds.
4 years ago
Here are the U.S. cities where people have the best and worst credit scores
While Americans have fared well enough in the pandemic, there are disparities. Here's a look at the top and bottom five U.S. cities in terms of credit scores.
4 years ago
These strategies can help the owners of the smallest businesses applying for PPP loans
There is just over a week left of priority access to the Paycheck Protection Program's forgivable loans for the owners of the smallest businesses.
4 years ago
These senators are calling for continued financial relief through the economic recovery for American families
As Congress works on getting new coronavirus relief to Americans, one group of senators is calling for continued financial relief through the economic recovery.
4 years ago
How to cut costs at the pump as gas prices keep rising
As demand for gasoline picks up and prices continue edging upward, it can make sense to try reducing what you pay at the pump.
4 years ago
Shares of Rocket Companies, a large short target of hedge funds, jump more than 40%
The online mortgage provider currently has large short bets placed against it by hedge funds.
4 years ago