Latest News on private equity markets

Capital Markets Regulation | Aug 9, 2023 The U.S. Securities and Exchange Commission (SEC) is set to introduce a transformative regulatory shift that will shake up the private-funds industry, particularly private equity and hedge funds. More Transparency and Investor Protection The SEC's impending rule package is designed to bolster transparency, competition, and investor protection in

Workers who go on strike generally don't qualify for unemployment benefits. But two states — New York and New Jersey — are the exception to that rule.

There’s a winner for the $1.6 billion-plus Mega Millions jackpot, and all six numbers matched a ticket sold in Florida. Experts cover possible pitfalls.

News | Aug 9, 2023 Klarna, the AI-powered global payments network and shopping destination, has made significant strides in the Canadian market since its inception. With its recent announcement, the company has solidified its position as a major player in the Canadian financial landscape. From Launch to Leader Klarna opened its doors to the Canadian

Economy | Aug 8, 2023 The financial world has always been dynamic, but recent inflationary trends have added another layer of complexity, especially for the Fintech sector. Here's a look at how inflation is reshaping the Fintech landscape Revisiting Inflation Targeting In August 2020, the Federal Reserve introduced the "average inflation targeting" approach, allowing for

Waiting to claim Social Security retirement benefits can give you bigger monthly checks. Here's why experts say delaying up to age 70 pays off.

PayPal on Monday launched a stablecoin to help facilitate payments. The move comes as market participants await a vote in Congress on a key stablecoin bill.

Crypto Regulation | Aug 8 "Crypto got Rakoff’d" delves into the legal intricacies of the SEC's Ripple case, highlighting the contrasting protections for institutional and retail investors in the crypto landscape. Current Ripple Case Rationale A US district judge's hearing on the SEC's Ripple case led to a surge of joy in the crypto community.

In the fast-paced world of technology, the pursuit of innovation seemingly never ceases. Over the years, we have witnessed remarkable advancements that have transformed industries, revolutionized businesses, and enhanced the way we live. The year 2023 may be no different, … Continue reading →

News | Aug 8, 2023 PayPal has officially launched its U.S. Dollar Stablecoin, named PayPal USD (PYUSD). This digital currency is fully backed by U.S. dollar deposits, short-term U.S. treasuries, and other similar cash equivalents. Users can redeem the stablecoin on a 1:1 ratio for U.S. dollars. The primary purpose of PayPal USD is to

Total credit card debt hit a new high of $1.03 trillion, according to the New York Fed. High balances may stress cardholders as student loan payments resume.

AI News | Aug 8, 2023 OpenAI's ChatGPT has been making waves in the AI community, and the recent updates have only added to its growing reputation. Here's a breakdown of the latest developments. Blocking OpenAI's Web Crawler with a Single Line of Code OpenAI introduced a new web crawler named GPTBot designed to browse

Wealth Management | Aug 8, 2023 The top 3 AI-driven innovations that are transforming the world of wealth management In the dynamic world of wealth management, the winds of change are being fueled by the power of Artificial Intelligence. As we navigate this evolving landscape, three AI-driven innovations stand out, not just for their technological

Companies that offer student loan assistance on top of remote work may be especially appealing to some people.

After more than a year of gloomy forecasts for the U.S. economy, some experts have backed off recession predictions. Here's what financial advisors say.