Latest News on private equity markets

$300 unemployment benefits end in at least 9 states as stimulus hopes fade

Many states have finished paying a temporary $300 weekly boost in unemployment benefits to eligible workers. Now, workers again face the prospect of no additional aid.

1 week ago

Billionaire Barry Diller calls stock market 'great speculation,' urges everyone to save cash

"Personally, and professionally, every nickel you can, keep it ... wherever it's banked," IAC and Expedia Chairman Barry Diller said on CNBC on Tuesday.

1 week ago

Op-ed: How America can help mint more million-dollar businesses amid the pandemic

With many small businesses struggling during the pandemic, the economy desperately needs more job-creating firms. The solution: prioritize access to capital, mentorship and supplier diversity.

1 week ago

Federally Chartered Banks and Thrifts May Engage in Certain Stablecoin Activities

Office of the Comptroller of the Currency, Press Release |  Sep 21, 2020 WASHINGTON—The Office of the Comptroller of the Currency (OCC) today published a letter clarifying national banks' and federal savings associations' authority to hold "reserves" on behalf of customers who issue certain stablecoins. Stablecoins refer to cryptocurrency backed by an asset such as


The post Federally Chartered Banks and Thrifts May Engage in Certain Stablecoin Activities first appeared on National Crowdfunding & Fintech Association of Canada.

1 week ago

Open enrollment is coming up — here’s what to watch out for

Amid a public health crisis and the ensuing financial fallout, open enrollment season is even more important this year.

1 week ago

Carvana shares surge 29% after company projects record quarter

The online marketplace for used cars said it expects record revenue in its third quarter.

1 week ago

Americans have lost $145 million to scams linked to Covid-19

More than 205,000 people have reported scams linked to the coronavirus since the beginning of the year.

1 week ago

Here are 3 things to keep in mind to handle market volatility

The stock market has suffered a rough few days. These numbers will help calm you down.

1 week ago

Microsoft unveils Azure Orbital, competing with Amazon to connect satellites to the cloud

Microsoft will offer a new service called Azure Orbital that connects satellites directly to its cloud computing network.

1 week ago

House Democrats push to renew efforts for second round of $1,200 stimulus checks

Senate Republicans left a second set of $1,200 stimulus checks out of their most recent relief bill. House Democrats decried the exclusion in a Congressional hearing on Tuesday. Here's where both sides stand.

1 week ago

Biden calls for an overhaul of 401(k) tax breaks. What it means for you

Democratic presidential contender Joe Biden is calling to "equalize" the tax benefits savers receive for socking money away in a 401(k) plan. Here's how that might look for you.

1 week ago

Carvana shares surge 30% after company projects record quarter

The online marketplace for used cars said it expects record revenue in its third quarter.

1 week ago

Deutsche Bank, JPMorgan lead drop in financial shares amid report the banks moved suspicious funds

The sell-off was triggered by reports that found a number of global banks moved allegedly illicit funds over the past two decades despite warnings from U.S. officials.

1 week ago

Many are chasing the stock market by day trading in the pandemic. It could end badly

Bored at home, more people are turning to the stock market for entertainment and profits. But the average day trader loses money.

1 week ago

Cramer's tempted to 'take the other side' of Monday's rout and look for buying opportunities

CNBC's Jim Cramer, who has been warning people for weeks to lock-in some stock profits, advised investors to look for places to possibly buy in Monday's selloff.

1 week ago