Latest News on private equity markets

'We need at least one more check.' The case for a fourth stimulus payment

Evidence indicates new $1,400 stimulus checks are boosting the economy. But some argue more payments are needed so that no one is left behind in the recovery.

5 days ago

There’s a single New Jersey deli doing $35,000 in sales valued at $100 million in the stock market

Hometown International reported $35,748 in sales in 2019 and 2020, combined, but is worth millions in the over-the-counter market.

5 days ago

JPMorgan Chase beats analysts’ estimates as bank releases $5.2 billion in loan loss reserves

One key question is whether banks will continue to release loan loss reserves that are no longer needed as the U.S. economic recovery gains pace.

6 days ago

Goldman Sachs reports record results that top the Street amid booming investment banking

Goldman Sachs crushed forecasts with record first-quarter net profits and sales due to strong performance in trading and investment banking.

6 days ago

JPMorgan Chase beats profit estimates on strong trading, $5.2 billion release of loan-loss reserves

JPMorgan has led banks in releasing loan loss reserves that are no longer needed as the U.S. economic recovery gains pace.

6 days ago

Billionaire-owned Sierra Nevada Corp. creating new space company to bet on a low-Earth orbit economy

Sparks, Nevada-based Sierra is 100% owned by husband and wife team, Fatih and Eren Ozmen, Turkish immigrants-turned-billionaires.

6 days ago

Families must file a 2020 tax return to get the new $3,000 child tax credit

The IRS will start sending monthly payments from the new $3,000 child tax credit in July to families who have proven eligibility by filing a 2020 tax return.

6 days ago

Astranis, with a new approach to satellite internet, raises $250 million from BlackRock and others

Astranis, a company with an alternative approach to providing internet access from satellites, closed new funding from BlackRock and others to ramp production.

6 days ago

Bernie Madoff, mastermind of the nation's biggest investment fraud, dies at 82

Bernard Madoff masterminded the biggest investment fraud in U.S. history, ripping off tens of thousands of people of as much as $65 billion.

6 days ago

College internships are back and pay even more than before

The summer employment picture is improving for 16-to-24 year olds, with some internships paying more than $8,000 a month, the equivalent of a six-figure salary.

6 days ago

Debating Element AI’s legacy

Montreal in Tech | Joseph Czikk  | Apr 2, 2021 Sam Presti made a risky bet in the summer of 2018. The general manager of the NBA’s Oklahoma City Thunder traded for star player Paul George. There was just one problem. George had one year left on his contract before he was free to sign


The post Debating Element AI’s legacy first appeared on National Crowdfunding & Fintech Association of Canada.

6 days ago

Here's how Americans are using their $1,400 stimulus checks

As new one-time payments reach Americans, many are using the money to cover their monthly bills and pay for essentials.

6 days ago

SpaceX adds to previous equity round, pushing Elon Musk's last raise total to nearly $1.2 billion

Elon Musk's SpaceX added more money to its February equity raise, with the amended total reaching nearly $1.2 billion.

6 days ago

Banks Are Offering Five-Figure Raises and Time Off To Make Young Bankers Happier

Forbes | Jack Kelly | Apr 9, 2021 A little bad publicity goes a long way. In late March, the legendary investment bank, Goldman Sachs, was accused by a group of young bankers of making them work 100 hours a week. The Wall Street analysts claimed that they were forced to endure a punishing schedule


The post Banks Are Offering Five-Figure Raises and Time Off To Make Young Bankers Happier first appeared on National Crowdfunding & Fintech Association of Canada.

6 days ago

Jack Ma’s Double-Whammy Marks the End of China Tech’s Golden Age

BNN Bloomberg | April 13, 2021 (Bloomberg) -- The full implications of Beijing’s rapid-fire moves against Jack Ma’s internet empire in recent days won’t be apparent for weeks, but one lesson is already clear: The glory days for China’s technology giants are over. The country’s government imprinted its authority indelibly on the country’s technology industry


The post Jack Ma’s Double-Whammy Marks the End of China Tech’s Golden Age first appeared on National Crowdfunding & Fintech Association of Canada.

6 days ago