Latest News on private equity markets

A tale of two recessions: Some Americans thrive as others suffer

The recession is playing out much differently across wealth, race and gender divides. Some are bearing the brunt of the economic contagion, while others hardly feel a thing.

2 weeks ago

Gen Z borrowers are unaware of Covid-19 student loan relief programs, study finds

Gen Z may be in the dark about relief programs for their student loans. Whether you have federal or private loans, seek out the information to find what's available.

2 weeks ago

As Dems, GOP spar over student debt relief, here's what borrowers can expect in the coming months

More politicians and consumer advocates are warning that Americans were already struggling with their student loans before the country fell into a recession, and that without deeper relief, millions of borrowers will face financial ruin.

2 weeks ago

Don't let the recession tempt you into these risky investments

Buying penny stocks like Hertz can offer a short-term upside, but such speculative investments are rarely worth the risk.

2 weeks ago

Fed adds coronavirus scenarios to this year's bank stress tests

The Fed has added three conditions that examine how banks would fare going forward:

2 weeks ago

If you inherited a retirement account, you need to think twice before you tap it this year

The CARES Act gave owners of 401(k) plans and IRAs a little more flexibility if they're cash-strapped. However, the rules aren't quite as kind to inherited IRA owners, according to the American Institute of CPAs.

2 weeks ago

While Dems and GOP squabble over extending $600 unemployment benefits, outdated technology may slow any solution

Democrats and Republicans are fighting over the $600 a week supplement to unemployment benefits, which expires after July 31. One easy solution doesn't appear possible due to outdated technology.

2 weeks ago

Black-owned businesses on working through coronavirus and unrest

Island Pops and others saw greater exposure as consumers moved to learn more about and support Black-owned businesses around the country.

2 weeks ago

Robinhood increases guardrails on options trading in the wake of a customer suicide

Robinhood is making it more difficult to get access to its options offering in the wake of a customer's suicide last week.

2 weeks ago

IRS expands eligibility to take up to a $100,000 coronavirus-related withdrawal from IRA, 401(k)

The IRS released guidance on Friday, broadening the number of people who can take "coronavirus-related distributions" from their 401(k) plans and individual retirement accounts.

2 weeks ago

After Crowdfunding on FrontFundr, the Very Good Food Company IPOs on Canadian Securities Exchange

Crowdfund Insider | JD Alois | Jun 19, 2020 The Very Good Food Company Inc. (CSE: VERY) has completed an initial public offering (IPO) on the Canadian Stock Exchange. Mitchell Scott, CEO of VGF, issued the following statement on the successful listing: “We were very pleased to see investors welcome our company to the public

2 weeks ago

Vans, not glamorous, but key as EU weighs autos mega-merger

Their silhouettes don't stir dreams of adventure like a sports car or trendy SUV, but vans are a rare source of profit for European carmakers, which is why EU regulators are focused on them as they decide whether to back an industry mega-merger.



2 weeks ago

Health-care workers on the front-line of the pandemic have another concern: Crushing student loan debt

Many of the health-care workers on the front line of the coronavirus pandemic have another concern: crushing student loan debt.

2 weeks ago

World stock markets slip on second wave virus fears, safe-havens rise

Global stock markets drifted lower on Thursday as an increase in new coronavirus cases in some U.S. states and China crushed hopes of a swift economic comeback from the pandemic, underpinning demand for safe-haven currencies such as the dollar and Japanese yen.



2 weeks ago

U.S. retail foot traffic rebounds, more staff at work, as lockdowns ease

Retail foot traffic recovered to approach pre-lockdown levels last week and businesses appeared to bring more employees back to the job, according to data from firms that collect cellphone location information and manage employee time for companies.



2 weeks ago