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Latest News on private equity markets

Small business confidence hits all-time low with Main Street convinced recession is already here and sales will suffer

Confidence hits all-time low in CNBC/SurveyMonkey Small Business Survey, as weak sales outlook and inflation worry a Main Street that says recession is here.

3 years ago

Average monthly payments for car leases rose to $594 in July amid 'an absence of discounts' from manufacturers, dealers

The average purchase incentive in July was $894, a marked drop from $2,000 a year ago, according to a new estimate.

3 years ago

A conversation with Catherine McKenna former Minister of the Environment and Climate Change: Fighting greenwashing

MaRS | Jul 21, 2022 Net-zero commitments are a critical first step in the fight against climate change. But to stave off the worst effects of a warming planet, we actually have to ensure governments and business leaders live up to those promises. In this episode, we chat with Catherine McKenna, head of the UN


The post A conversation with Catherine McKenna former Minister of the Environment and Climate Change: Fighting greenwashing first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago

When A Neobank Goes Bankrupt What Happens to the Customers?

Fintech Business Weekly | Jason Mikula | Jul 31, 2022 After an incredible bull run in fintech startups powered by ultra low interest rates and cheap, plentiful capital, many companies are getting an overdue reality check. Investors’ priority has abruptly shifted from “growth at all costs” to “do the economics work”? The impact of this


The post When A Neobank Goes Bankrupt What Happens to the Customers? first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago

The Fed disagrees, but Main Street says 'the recession is already here.'

Confidence hits all-time low in CNBC/SurveyMonkey Small Business Survey, as weak sales outlook and inflation worry a Main Street that says recession is here.

3 years ago

Why Grammy award-winning rapper Macklemore is making clothes for the golf course

Grammy award-winning rapper Macklemore is taking his newly-found passion for golf and building his own golf apparel company, Bogey Boys.

3 years ago

7 changes Americans are willing to make to fix Social Security — including one with 'overwhelming bipartisan support'

Fixing Social Security means generally means raising taxes, cutting benefits or both. A recent survey of registered voters gauges what changes they can stomach.

3 years ago

Self-made millionaire Bethenny Frankel on why good ideas are not enough to be successful in business

Bethenny Frankel, founder of SkinnyGirl, says she has always been full of good ideas, but that is never enough to be successful in business.

3 years ago

Embryos can count as dependents on Georgia state tax returns: For many families 'there is no benefit at all,' says analyst

Residents of Georgia may now claim embryos as dependents on their 2022 state income tax returns. But the policy raises many questions.

3 years ago

BIS Limits Banks to Hold 1% of Reserves in Bitcoin –> “Banks Won’t HOLDL”

Finbold | Ana Nicenko  | Jul 3, 2022 Despite its skeptical approach to digital currencies, exacerbated by the recent cryptocurrency market crash, it looks like the Bank for International Settlements (BIS) intends to extend its hand to the new asset class by allowing banks to hold up to 1% of reserves in cryptocurrencies such as


The post BIS Limits Banks to Hold 1% of Reserves in Bitcoin –> “Banks Won’t HOLDL” first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago

Vitalik: Ethereum creator dumps cold water on Zuckerberg and Michael Saylor

Fortune | Christiaan Hetzner  | Aug 1, 2022 Vitalik Buterin says it's too early to judge what metaverse users will actually want. Many investors have suspected Mark Zuckerberg’s dream of the metaverse is doomed to fail, prompting Meta stock to more than halve over the past six months.  Now they have a prominent critic to


The post Vitalik: Ethereum creator dumps cold water on Zuckerberg and Michael Saylor first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago

Credit card balances jump 13%, highest leap in over 20 years, as inflation outpaces wage growth

Americans now say they need to be making about $107,800 a year to feel financially healthy, roughly double the national average.

3 years ago

Average premiums for Medicare prescription drug coverage are set to dip to about $31.50 a month in 2023, deductibles to rise

The monthly amount that Medicare beneficiaries will pay for drug coverage is projected to inch downward, on average, according to program officials.

3 years ago

Competition Bureau Reacts to Wonderfi’s Crypto Consolidation

FP | Ethan Lou | Jul 28, 2022 Canada’s antitrust watchdog is looking at the cryptocurrency world, too — a sign of both the increasing relevancy of that space and of the more active posture of the bureau under new leadership. In March, WonderFi Technologies Inc., a Vancouver-based crypto outfit backed by Shark Tank star


The post Competition Bureau Reacts to Wonderfi’s Crypto Consolidation first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago

Robinhood’s Crypto Division Fined $30 Million by New York’s DFS

The Verge | Emma Roth | Aug 2, 2022 Robinhood’s cryptocurrency division has been fined $30 million by the New York Department of Financial Services over alleged anti-money laundering and cybersecurity violations. This marks the state’s first enforcement action related to cryptocurrency. The settlement resolves the investigation opened by the NYDFS last March, which Robinhood


The post Robinhood’s Crypto Division Fined $30 Million by New York’s DFS first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago