Latest News on private equity markets

Supreme Court challenges to Biden student loan plan hinge on overreach, financial harm

Supreme Court challenges to Biden student loan plan hinge on overreach, financial harm

The Supreme Court is set to review a Biden administration debt relief plan for student loan borrowers. Here's why plaintiffs argue the plan should be struck down.

3 years ago
Annuity sales hit record last year, eclipsing sales during 2008 financial crisis amid fear, higher rates

Annuity sales hit record last year, eclipsing sales during 2008 financial crisis amid fear, higher rates

Consumers flocked to annuities marketed as being "protection-focused" as stocks and bonds faltered and annuity payouts were relatively attractive.

3 years ago
Federal Judge Dismisses Unregistered Securities Class Action Suit Against Coinbase (Shares Jump 21%)

Federal Judge Dismisses Unregistered Securities Class Action Suit Against Coinbase (Shares Jump 21%)

MarketWatch | Dean Seal | Feb 2, 2023 Shares of Coinbase Global Inc. rose 21% to $79.50 after a federal district judge dismissed a proposed class action accusing the crypto exchange of selling tokens that qualified as unregistered securities. The suit, filed in October 2021, alleged that nearly 80 of the digital assets traded on


The post Federal Judge Dismisses Unregistered Securities Class Action Suit Against Coinbase (Shares Jump 21%) first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago
Is the Crypto Bottom In Yet?

Is the Crypto Bottom In Yet?

Tristram Waye for Bitvo | Feb 2, 2023 After a substantial lift in crypto, it begs the question, was that the bottom?  The answer, of course, is no idea.  Because bottoms are not events but rather a process.  After a challenging crypto winter, the relief is welcome, but the question of whether it’s over requires


The post Is the Crypto Bottom In Yet? first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago
ARK Innovation Predictions and Big Ideas 2023

ARK Innovation Predictions and Big Ideas 2023

Fortune via Yahoo Finance | Christiaan Hetzner | Feb 1, 2023 Hypersonic flight, 3D printed humanoid robots, groceries delivered by drones, molecular biomarkers for early detection of malignant tumors Report: That's the conclusion from her annual Big Ideas report published on Tuesday by her money management firm. This 153-page deep dive attempts to handicap the


The post ARK Innovation Predictions and Big Ideas 2023 first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago
Top 10 Trends Reshaping Banking for 2023

Top 10 Trends Reshaping Banking for 2023

Accenture | Michael Abbott  | Jan 10, 2023 A combination of well-established forces and recent developments is reshaping banking. Overview: In the absence of that revenue stream, banks shifted their focus from the totality of customers’ financial needs to isolated products that continued to generate fees. At the same time, fintech innovators burst onto the


The post Top 10 Trends Reshaping Banking for 2023 first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago
Roughly 70% of taxpayers are eligible for IRS Free File, but only 2% used it in 2022

Roughly 70% of taxpayers are eligible for IRS Free File, but only 2% used it in 2022

Roughly 70% of Americans qualify for IRS Free File, but only 2% of taxpayers used it in 2022. Here's what to know to file your federal return for free.

3 years ago
Insurers Cautioned on “Silent Crypto” Exposure

Insurers Cautioned on “Silent Crypto” Exposure

Wilson Elser Moskowitz Edelman & Dicker | Anjali Das  | Jan 23, 2023 The recent implosion of crypto firm FTX and its affiliates provides a case study for potential crypto exposure under traditional insurance policies in this series of four articles Silent Crypto for D&O and Corporate Liability Insurance (Part I), Silent Crypto Exposure for


The post Insurers Cautioned on “Silent Crypto” Exposure first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago
How to protect yourself from tax fraud and scams, according to cybersecurity experts

How to protect yourself from tax fraud and scams, according to cybersecurity experts

Fraud costs Americans billions of dollars each year, and tax season is a time when phone, email and text scams, including IRS agent impersonation, all rise.

3 years ago
Crypto Hacking Reached $3.8 Billion in 2022 (Biggest on record)

Crypto Hacking Reached $3.8 Billion in 2022 (Biggest on record)

Chainanalysis | Feb 1, 2023 2022 was the biggest year ever for crypto hacking, with $3.8 billion stolen from cryptocurrency businesses. DeFi protocols by far the biggest victims of cryptocurrency hacks accounting for 82.1% of all cryptocurrency stolen by hackers — a total of $3.1 billion — up from 73.3% in 2021. And of that


The post Crypto Hacking Reached $3.8 Billion in 2022 (Biggest on record) first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago
IRS about 3 to 5 times more likely to audit Black Americans' tax returns, study finds

IRS about 3 to 5 times more likely to audit Black Americans' tax returns, study finds

Black Americans are nearly three to five times more likely to be audited by IRS, a new study shows. Here's what it means for filers.

3 years ago
Robots could surpass workers at Amazon by 2030, Cathie Wood says

Robots could surpass workers at Amazon by 2030, Cathie Wood says

The Ark Invest portfolio manager said on "Squawk Box" that Amazon's number of robot workers is set to grow dramatically this decade.

3 years ago
2022 was the ‘real year of the Great Resignation,' says economist

2022 was the ‘real year of the Great Resignation,' says economist

A record 50.5 million people quit their jobs in 2022, breaking the previous high set in 2021 as ample job prospects and high pay lured them elsewhere.

3 years ago
Gautam Adani calls off $2.5 billion equity sale as regulatory concerns grow

Gautam Adani calls off $2.5 billion equity sale as regulatory concerns grow

Shares of Adani Enterprise were routed in the aftermath of a report from short-seller Hindenburg Research

3 years ago
Wait until 70 to claim Social Security: 'The return on being patient is huge,' says economist

Wait until 70 to claim Social Security: 'The return on being patient is huge,' says economist

Retirement benefits taken at age 70 are 76% higher, adjusted for inflation, than retirement benefits taken at 62, research finds.

3 years ago