Latest News on private equity markets

Crypto | Oct 24, 2024 Bitcoin Heist and Kidnapping Reveal Risks of Flaunting Crypto Wealth As reported by CNBC, a whopping $230 million in Bitcoin was stolen from a wealthy individual in Washington D.C. in August 2024. The theft is being described as the largest individual crypto theft in U.S. history. Two guys, Malone Lam

Ripple CEO Brad Garlinghouse is a big cynic on U.S. crypto regulation, but highly optimistic about the post-election environment around the corner.

Report | Oct 24, 2024 Insights from McKinsey's 2024 Global Payments report highlights fintech opportunities, evolving trends and challenges The 2024 McKinsey Global Payments Report (17 page PDF) shows that the way users are interacting with payment systems globally is becoming easier but the systems themselves are getting more complicated.  This post looks at the

The great wealth transfer is underway with an estimated $84 trillion projected to change hands by 2045. Here's how families can prepare.

J.P. Morgan’s Jordan Jackson is forecasting markets will bounce back by the end of the year.

Do you have enough money to retire? Asking yourself several questions can help assess your financial readiness, expert says.

Crypto M&A | Oct 24, 2024 Stripe’s $1.1B Bridge Deal Signals Big Push for Global Crypto Payments Fintech payments giant Stripe has acquired stablecoin platform Bridge for a whopping $1.1 billion, one of the largest deals in crypto.  This is big news for stablecoins and the future of global payments and how Stripe is bringing

Health savings accounts offer tax and saving benefits, but most Americans don't understand them

Although more students are eligible for federal aid this year, rising college costs and ballooning student debt balances are still major concerns.

The chairman of the Commodities Futures Trading Commission will speak in Washington, D.C. on Wednesday.

The U.S. Federal Reserve cut interest rates in September, and more cuts are expected at least into 2025. Earnings on cash are expected to fall as well.

Although more students are eligible for federal aid this year, rising college costs and ballooning student debt balances are still major concerns.

AI | Oct 23, 2024 Perplexity AI Lawsuit Adds Fuel to Broader Discussion on AI, Copyright, and Regulation News Corp has filed a lawsuit against Perplexity AI for hijacking its content without proper permission (see legal document).  Reports say the core issue is that Perplexity blends AI generated content with real news articles (called 'hallucination'),

Oct 23, 2024 Online sports betting in Canada has undergone a seismic shift, especially since the legalization of single-event sports betting in 2021 and the opening of Ontario’s competitive iGaming market in 2022. It has reshaped the gambling landscape and sparked significant changes in how businesses across various sectors operate in Canada. Online sports betting

Coming up with a down payment for a house can be a challenge for homebuyers facing high home prices. Here are five ways to grow the funds.