Latest News on private equity markets

Interactive Brokers restricted GameStop trading to protect the market, says Chairman Peterffy

On Thursday, Interactive Brokers put option trading into liquidation on a handful of highly volatile stocks like GameStop.

4 years ago

Some newlyweds end up facing a 'marriage tax penalty.' Here's when it hits

While not as common as it once was, the marriage penalty can hit lower-income earners and wealthier couples alike.

4 years ago

NYU's 'Dean of Valuation' says driving stock price up won't make GameStop's fundamental problems go away

"These are companies with serious, serious structural problems. Those problems aren't going to go away," NYU's Aswath Damodaran told CNBC.

4 years ago

GameStop's stock closes down more than 40% after brokers place restrictions on trades

GameStop has been a red-hot target in the Wallstreetbets Reddit chat room, where an army of at-home retail investors came together in pushing shares higher.

4 years ago

Robinhood CEO says it limited buying in GameStop to 'protect the firm and protect our customers'

Robinhood on Thursday restricted trading in thirteen equities, including GameStop and AMC Entertainment.

4 years ago

Robinhood CEO: Becoming an investor is the new American dream, just like home ownership was before

Vlad Tenev, CEO and co-founder of Robinhood Markets, makes a case for empowering individual investors to become investors.

4 years ago

JPMorgan is launching a digital retail bank in the U.K., looking overseas for growth

The project will provide a case study into whether JPMorgan can expand its retail bank in other countries around the world, said a person familiar.

4 years ago

Covid has hurt women's retirement accounts. Here's how they can rebuild

Seventy-two percent of women with investable assets of $100,000 or more say Covid has negatively affected their ability to retire, according to a survey.

4 years ago

51 million Americans increased their credit card debt because of Covid

More than 50 million Americans increased their credit card balances since the start of the Covid-19 pandemic.

4 years ago

JPMorgan launching digital retail bank in UK, looking overseas for growth

The project will provide a case study into whether JPMorgan can expand its retail bank in other countries.

4 years ago

Chamath Palihapitiya closes GameStop position, but defends investors' right to sway stocks like pros

The CEO of Social Capital and former Facebook executive tweeted Tuesday that he bought $125,000 worth of February $115 GameStop call options.

4 years ago

Sirius XM's latest satellite, built by Maxar and launched by SpaceX, suffers failure in orbit

Sirius XM's recently launched SXM-7 satellite suffered "failures" during in-orbit testing, the company said in a securities filing.

4 years ago

Massachusetts regulator says GameStop speculation is a danger to whole market as TD Ameritrade restricts trading

"The marketplace should be a place where risk is taken, but not reckless risk," Massachusetts Secretary of the Commonwealth William Galvin told CNBC.

4 years ago

The Fed won't keep interest rates near zero forever — here’s what to do now

The Fed is giving consumers a chance to take advantage of rock-bottom rates.

4 years ago

Credit card fraud will increase due to the Covid pandemic, experts warn

As Covid-19 fuels credit card fraud, experts warn there just aren't enough regulations protecting the U.S. economy from fraudulent transactions.

4 years ago