Latest News on private equity markets

PayPal poaches Wells Fargo's innovation executive Peggy Mangot for venture capital team

PayPal, a pioneer in online payments, is on a tear, posting record quarterly results last month as the coronavirus pandemic accelerated e-commerce and digital payments trends.

1 day ago

Avoid making these investment mistakes, the pros warn

Whether you're a novice or seasoned investor, mistakes can be made in your pursuit of growth. Here are some of the big errors that financial advisors discovered in recent research.

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You're running out of time to reverse this retirement withdrawal and save on taxes

This year, retirees can skip their annual required minimum distribution from their individual retirement accounts and 401(k) plans. If you've already taken the money, you have until the end of August to put it back.

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Even though $600 unemployment boost lapsed, Congress likely will make new aid retroactive

Whenever Capitol Hill decides on the next round of federal unemployment benefits, those payments likely will be retroactive to when the $600 lapsed, experts say.

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The $600 unemployment boost is gone. Now 6 million Americans can't pay their bills

A $600-a-week supplement to unemployment benefits leaves millions of Americans without enough cash flow to pay bills in August.

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Why some retirees could face reduced Social Security benefits unless Congress acts

The Covid-19 pandemic could prompt an unprecedented drop in the Average Wage Index, which would hurt the Social Security retirement benefit calculations for people born in 1960. As Congressional lawmakers propose their own fixes for the problem, experts say near retirees should delay taking benefits, if they can.

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Ontario introduces interim registration and prospectus exemptions to facilitate start-up securities crowdfunding

OSC | Press Release | Jul 31, 2020 Toronto – The Canadian Securities Administrators (CSA) today announced that in light of COVID-19 and the challenges it presents to small businesses seeking to raise capital, the Ontario Securities Commission (OSC) made an interim local order that adopts the start-up crowdfunding regime currently in place in certain

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Here's where U.S. vacationers would be willing to travel again

A survey of 4,300 travel insurance customers by Richmond, Virginia-based insurer Allianz Travel found that half would be willing to travel given advanced sanitization or a proven Covid-19 vaccine. They'd also not mind flying or staying in a hotel.

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You may get laid off again. Here's what to know about your unemployment benefits

Most businesses have exhausted funding from a loan program that's propped up payrolls and some states reimposed shutdown measures. For those who lose their jobs again, there's a silver lining: They can probably restart their unemployment benefits.

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Some stimulus checks didn't include $500 for dependents. Now the government is sending those payments

Some Americans said they were shocked this spring when their stimulus checks fell short of the amounts they expected. The reason: Their children were excluded, even though they qualified. Now, the government is sending the rest of the money.

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Nikola's entire quarterly revenue of $36,000 was from solar installation for the executive chairman

All of Nikola's revenue in the second quarter was connected to solar installations for one of the company's executives.

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Here's what Medicare beneficiaries worry about when it comes to costs

For Medicare's 62.5 million beneficiaries — the majority of whom are age 65 or older — the spread of Covid-19 means worrying about the cost, as well as their increased health risk.

2 days ago

The most expensive high school in America may have the best reopening strategy

In the midst of the pandemic, Avenues plans to reopen for face-to-face instruction, along with remote and satellite options for families who can afford it.

2 days ago

The $600 unemployment boost is gone. That leaves some with just $5 a week

Congress didn't extend the $600 boost to weekly unemployment benefits, which lapsed on Friday. Now, some workers will get just a few dollars a week in jobless aid.

2 days ago

From impulse purchase to scented stress relief: How Crazy Aaron's Thinking Putty is surviving the pandemic

On March 13, Crazy Aaron's Thinking Putty was shutdown, unable to ship and unable to make its own product. And that was just the start of its troubles.

2 days ago