Latest News on private equity markets

The Federal Reserve just raised interest rates 75 basis points. Here’s what it means for the Main Street economy

As the Fed raises interest rates, getting a loan will get tougher for small businesses, as banks tighten lending requirements ahead of a potential recession.

2 weeks ago

Gen Z is stashing away 14% of income for retirement — more than older generations, study shows

The youngest adults in the workforce are beating out their older counterparts when it comes to saving for their post-working years.

2 weeks ago

Nearly half of all Americans are falling deeper in debt as inflation continues to boost costs

With inflation hitting a 40-year high, Americans are struggling to keep up with rising prices and putting less money aside for emergencies, several studies show.

2 weeks ago

Coinbase Responds to New SEC Securities Listing Probe

Decrypt | Andrew Asmakov | Jul 26, 2022 The popular crypto exchange Coinbase is facing a new SEC probe investigating whether it let Americans trade digital assets that should have been registered as securities, according to a Bloomberg report citing people familiar with the matter. Although the SEC didn’t allege any wrongdoing by Coinbase at


The post Coinbase Responds to New SEC Securities Listing Probe first appeared on National Crowdfunding & Fintech Association of Canada.

2 weeks ago

Could DAOs Be the Future of Sports?

Coindesk | Jeff Wilser | Jul 25, 2022 Buy the Broncos “Fans are clamoring for the ability to not just be a fan, but to also have a voice,” said Sean O’Brien, co-founder of the DAO called BuytheBroncos that recently tried to, well, buy the Denver Broncos. We knew the Broncos would be going up


The post Could DAOs Be the Future of Sports? first appeared on National Crowdfunding & Fintech Association of Canada.

2 weeks ago

Main Street lands record $154 billion in federal contracts, but fewer small businesses benefit

Small businesses pull in a record $154.2 billion in federal contracts in fiscal 2021, but the total number of firms to win government work continues to decline.

2 weeks ago

Student loan servicers told to hold off on sending out billing notices, a sign payment pause may be extended

Student loan servicers have been instructed to hold off on the process of restarting borrowers' payments. The bills are scheduled to resume after Aug. 31.

2 weeks ago

The Mega Millions jackpot is now up to $830 million. Here's how much would go to taxes if there's a winner

Ahead of Tuesday night's draw, the jackpot has already been adjusted upward twice and now is an estimated $830 million.

2 weeks ago

Millennials' average net worth more than doubled during the pandemic. Here’s what advisors say they should do next

Millennials' average net worth more than doubled during the pandemic, and real estate makes up more than one-third of their financial assets.

2 weeks ago

Credit Suisse CEO to step down from embattled investment bank, WSJ says

The Zurich-based bank will soon announce the departure of Gottstein after a series of embarrassing mishaps and unprofitable quarters, according to the Journal.

2 weeks ago

Aftermath Islands Secures USD $25 Million Commitment from LDA Capital

Aftermath Islands Metaverse Limited | Jul 26, 2022 Utility Token purchase program provides opportunities to accelerate Metaverse growth Barbados, British Virgin Islands, July 26, 2022 (GLOBE NEWSWIRE) -- Aftermath Islands Metaverse Limited together with Aftermath Islands Tokens Limited (“Aftermath Islands” or the “Company”) have secured a USD $25 million commitment with global investment group LDA


The post Aftermath Islands Secures USD $25 Million Commitment from LDA Capital first appeared on National Crowdfunding & Fintech Association of Canada.

2 weeks ago

With 13 years until Social Security’s funds are projected to run out, Washington Democrats have some proposals to strengthen the program

With 13 years until Social Security’s funds are projected to run out, Democrats want to extend that timeline while also making benefits more generous.

2 weeks ago

Good Reasons Why You Need To Have A Proof Of Income

Jul 26, 2022 Proof of income refers to the documentation that shows your earnings over a specific period. The documents prove that you earn the money you claim to. This kind of documentation is often required by lenders, landlords, insurance providers, credit card companies, and utilities. Before you get a loan, you must provide the


The post Good Reasons Why You Need To Have A Proof Of Income first appeared on National Crowdfunding & Fintech Association of Canada.

2 weeks ago

Nearly 20% of Americans are afraid to check their credit card statements as interest rates approach an all-time high

As credit card debt swells and interest rates spike, many spenders are fearful about high balances. Here's what to know if you're dealing with credit card debt.

2 weeks ago

CB Insights: Canadian Fintech Funding Dropped 70 Percent in Q2-2022 YoY

Betakit | Charlize Alcaraz  | Jul 21, 2022 Though funding for Canadian FinTechs is down quarter-over-quarter, there is still a good amount of capital flowing into the sector—though it remains to be seen how the rest of the year will play out given the current turbulent economic and market conditions.  Canada’s FinTech sector has entered


The post CB Insights: Canadian Fintech Funding Dropped 70 Percent in Q2-2022 YoY first appeared on National Crowdfunding & Fintech Association of Canada.

2 weeks ago