Op-ed: Demystifying private credit amid a frozen IPO market
A sparser IPO market is bad for investment bankers but not retail investors. More firms deciding against going public means more private credit opportunities.
Market wire
Latest news on private equity markets
Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
Amidst Regulatory Scrutiny, Institutional-backed EDX Markets Launches Non-Custodial Exchange
CNBC Tanaya Macheel Jun 20, 2023 EDX Markets, a new crypto exchange backed by industry heavyweights like Charles Schwab and Fidelity Digital Assets, has officially launched,...
Diamond prices have fallen 18% from their peak — and analysts say there's still more room to plunge
Diamonds, alongside other jewelry, saw elevated prices during the Covid-19 pandemic which culminated in a peak early last year.
4 ways ‘anchoring bias’ can hurt you financially
Consumers tend to rely on the first number they see to guide future decisions. That has implications for shopping, savings and other aspects of finance.
Average credit card interest rate is a record 20.69%, but 0% offers are still available, experts say
The Federal Reserve’s pause in interest rate hikes will do little to help borrowers struggling with expensive credit card debt.
It's official: Student loan payments will restart in October, Education Department says
The U.S. Department of Education says student loan bills "will be due starting in October." Interest on their debt will begin accruing even sooner.
BlackRock’s Bitcoin ETF Filing Fuels Bullish Momentum for Grayscale Bitcoin Trust
Decrypt Pedro Solimano Jun 19, 2023 The recent filing by BlackRock, the world's largest asset manager, to launch a Bitcoin spot price exchange-traded fund (ETF) has...
CIBC’s Mortgage Underwriting Troubles: A Long Road to Full Compliance
The Globel and Mail James Bradshaw Jun 20, 2023 The Canadian Imperial Bank of Commerce (CIBC) continues to face remediation orders over the bank's mortgage portfolio...
IRS weighs guidance for small business tax credit. ‘People were duped,’ taxpayer advocate says
The IRS is weighing guidance for small businesses that wrongly claimed the employee retention tax credit. Here's what entrepreneurs need to know.
Fintech Opportunities in the Wake of Tightened Credit Liquidity in Canada
Better Dwelling Jun 20, 2023 Canada's bank regulator, the Office of The Superintendent of Financial Institutions, has increased the Domestic Stability Buffer (DSB) to 3.5% of...
How Much Can I Realistically Raise?
Antler Alan Poensgen Jun 1, 2023 In the volatile landscape of startup funding, two dimensions that significantly influence early-stage fundraising are "Founder Pedigree" and "Traction." The...
How to tell your company has layoffs planned. Some signs ‘will send shivers down your spine,’ career expert says
Figuring out if your company might be next to announce layoffs isn't easy, but there are some clues to watch for, experts say.
Mastercard’s Latest Crypto Credential Trademark Filing
Finbold Ana Nicenko Jun 19, 2023 Mastercard's recent trademark filing indicates a continued and growing interest in the cryptocurrency and blockchain space. Mastercard's Continued Interest in...
The Pros and Cons of Investing in Private Companies
Investing in private companies has gained attention in recent years as more investors seek out opportunities beyond the public stock market. Private investments can offer unique...
This investment manager is looking to bridge the racial wealth gap
Economic freedom has been more elusive for Black people. Veteran portfolio manager Jim Casselberry is trying to do something about that.