Latest News on private equity markets

Second stimulus checks will be sent to millions of Americans in the coming weeks. This time, however, the rules for who receives them have slightly changed.

New federal stimulus payments of up to $600 per person will go to taxpayers with direct deposit first.

Fortune | Jeff John Roberts | Dec 21, 2020 Ripple, one of the most important companies in the cryptocurrency industry, said Monday evening that the Securities and Exchange Commission is poised to file a bombshell lawsuit against the company over the alleged sale of unlicensed securities. The lawsuit will also name Ripple CEO Brad Garlinghouse

The post Ripple CEO Warns SEC May Sue Over XRP Sale first appeared on National Crowdfunding & Fintech Association of Canada.

Commodity.com | Joel | Dec 22, 2020 The MicroStrategy Bitcoin gamble has opened the floodgates and now institutional capital is pouring into the crypto ecosystem. The market for cryptocurrency has long been with individual investors on exchanges like Coinbase and also through brokers — usually online firms. But the landscape of the cryptocurrency market fundamentally

The post What the MicroStrategy Deal — and Others Like It — Means for the Future of Bitcoin and Altcoin Prices first appeared on National Crowdfunding & Fintech Association of Canada.

The Covid relief bill passed by Congress would cut use of a potent planet-warming chemical and funnel billions of dollars into clean energy.

Luge Capital | Karim Gillani and Laviva Mazhar | Dec 22, 2020 The global InsurTech startup ecosystem saw record-breaking level of investments of US$2.5 billion in Q3 2020. Despite a slow start in the first quarter of the year, due to the impacts of COVID-19, global InsurTech funding for 2020 has already surpassed $5 billion

The post Here is why InsurTech is heating up as an investment category first appeared on National Crowdfunding & Fintech Association of Canada.

Congress passed a Covid relief bill that offers a temporary $300 boost in weekly unemployment benefits. Its relative impact will vary by state.

The latest Covid relief bill will give certain unemployed people an extra $100 per week. But states can opt out of the program, and experts caution delays.

Bank of England | By David Bholat, Mohammed Gharbawi and Oliver Thew| Dec 2020 We conducted a survey of banks to understand the impact of the Covid-19 (Covid) pandemic on their use of machine learning (ML) and data science (DS). The use of ML and DS by banks has remained broadly stable since the start

The post The impact of Covid on machine learning and data science in UK banking first appeared on National Crowdfunding & Fintech Association of Canada.

New York Post | Thornton McEnery | Dec 14, 2020 President-elect Joe Biden has drawn up a diverse list of candidates to be Wall Street’s next sheriff, some of them with tough enforcement records — but insiders say his pick looks increasingly likely to be a pointy-headed white guy. According to multiple insiders, Biden and

The post The four contenders to be Joe Biden’s SEC chair first appeared on National Crowdfunding & Fintech Association of Canada.

A Covid relief deal reached Sunday night by Congress would extend and enhance unemployment benefits for millions of workers.

The electric car maker is set to join the S&P 500 at Monday's open with a 1.69 weighting, the fifth largest.

Beginning in fall of 2021, Southern New Hampshire University will slash tuition to $10,000 to $15,000 a year, a 50% decrease from what it costs now.

Wise investors in these times will focus on the "alpha" they can generate by minding four concepts: tax efficiency, savings rate, automation and portfolio fees.

Assets managed with environmental, social and governance concerns continue to surge. The retail side is growing dramatically alongside institutional investors.