Latest News on private equity markets

Chesapeake Energy, a pioneer in the U.S. shale revolution, files for bankruptcy protection

Chesapeake Energy, the poster child of the U.S. shale revolution, filed for bankruptcy protection on Sunday.

1 week ago

FundThrough Commits $10 Million to Help SMBs Overcome Shutdown

FundThrough Blog | Jun 26, 2020 TORONTO – FundThrough, North America’s leading invoice funding solution for small businesses, has announced it will provide $10 million in free funding for clients as the economy reopens from COVID-19. The company announced it as part of a broader initiative to help small businesses, who invoice their customers and

1 week ago

Nikola is a social investing home run for Jeff Ubben as he launches new fund

Ubben through this trade has turned $154 million of investors' money into $1.46 billion

1 week ago

They were struggling to repay their student loans before the pandemic. Now it'll get worse

Before the coronavirus pandemic paralyzed the economy and left millions of Americans unemployed, there was a student loan crisis. Now, things are expected to get much worse.

1 week ago

Credit card industry reins in balance-transfer offers as banks from JPMorgan to Amex fear defaults

When the economy was booming, credit card issuers fell over themselves to lure borrowers and their debt, mailing hundreds of millions of no-interest solicitations.

1 week ago

Mastercard to Acquire Finicity to Advance Open Banking Strategy

Finicity | Release | Jun 23, 2020 Strengthens existing open banking capabilities with Finicity’s proven technology and talent Enhances collaboration and co-creation efforts with fintechs and financial institutions Furthers commitment to consumer-centric data protection and practices PURCHASE, N.Y. – June 23, 2020 – Mastercard (NYSE: MA) today announced it has entered into an agreement to

1 week ago

New York to relax cryptocurrency rules

Finextra | Jun 15, 2020 New York's financial regulator is preparing to remove a number of regulatory hurdles impeding the development of cryptocurrency businesses in the US state. Virtual currency firms wanting to conduct business in New York currently have to apply for a BitLicence, which can take years to process. Under the new regime,

1 week ago

Is FinTech getting it wrong? Focus on needs and wants

The Finanser | Chris Skinner | Jun 22, 2020 A friend of mine, Alessandro Hatami, wrote an interesting piece on Sifted that I shared in my news yesterday. He claims that neobanks like Monzo and Starling are not reinventing banking at all. They’re just modifying and improving it. Alessandro then goes on to cite the

1 week ago

With the second quarter almost over, what companies earned is anyone's guess

The second quarter is nearly over, and analysts still are clueless about what earnings companies will be reporting.

1 week ago

7 Ways to Manage Startup Cash Flow

Many startups fail because they simply run out of cash. These seven tips for managing cash flow can help keep your startup’s cash flow in check. Continue reading

1 week ago

In the wake of Covid-19, college dorm life gets a makeover

Many colleges and universities are still determining how they will address the question of student housing in the age of Covid-19. Some schools are looking for answers off campus.

1 week ago

What to know about getting Medicare if you are 65 or older and lost your job

Anyone who is 65 or older and lost workplace health insurance is eligible for Medicare coverage. Here's what enrollees should know.

1 week ago

These 5 remote jobs pay more than $60,000 a year

Proposal writer. Translator. Here are some of the better-paying jobs that allow you to work from home.

1 week ago

Stashing cash? Rates on certificates of deposit are plummeting

A spike in savings coupled with the Fed's move to hold its benchmark rate at essentially zero have put pressure on deposit rates.

1 week ago

This critical link could help bridge America's racial wealth gap

Blacks' and Latinx' median wealth lags significantly behind Whites, and so does job opportunity. Free training and financial education can help.Free job training and financial education can help.

1 week ago