Earnings season starts with sky-high stock prices and sky-high expectations
On paper, second quarter earnings looks like the mother of all earnings reports, with estimates having risen steadily for the past six months.
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.
Bank of Canada appoints Carolyn Rogers as senior deputy governor
The Globe and Mail Mark Rendell Jul 12, 2021 The Bank of Canada has named Carolyn Rogers as senior deputy governor, putting a veteran financial regulator...
Open Finance data adoption varies by country (but one thing is certain)
McKinsey Company By Chandana Asif, Tunde Olanrewaju, Hiro Sayama, and Ahalya Vijayasrinivasan Jul 11, 2021 If open finance continues to accelerate, it could reshape the global...
Goldman CEO David Solomon says China’s crackdown on tech companies will delay many U.S. listings
As head of the premier global Wall Street firm, Solomon will have to navigate the increasingly fraught relationship between China and its tech sector.
Canadian securities regulators release interim progress report on the CSA 2019-2022 Business Plan
CSA Release Jul 6, 2021 Montreal – The Canadian Securities Administrators (CSA) today released its second interim report summarizing progress on initiatives published in its CSA...
There's new leadership at the Social Security Administration. Here's why some retirement advocates applaud the move
A leadership switch at the top of the Social Security Administration has some experts hoping that will be good news for beneficiaries.
The IRS is sending out 4 million refunds this week to taxpayers who overpaid on their 2020 unemployment benefits
Up to $10,200 in unemployment benefits was excluded from 2020 taxable income for most taxpayers. Not everyone accounted for it on their return.
Workers talk about quitting as part of the ‘Great Resignation.' Employers aren’t buying it
A survey finds that employers don't expect a lot of workers to quit during the 'Great Resignation'. Here are their plans for the return to work.
UBS [Submission deadline: Aug 6]: Future of Finance Challenge 2021
UBS Jacoline Loewe Jul 13, 2021 Since 2015, the UBS Future of Finance Challenge has been open to start-ups and established, growing companies that change the...
What we know about how Covid-19 affected older workers and employment
The pandemic has not proven to be a crisis for older workers the way the Great Recession was. Still, there are challenges.
'Black Swan' author Nassim Taleb says bitcoin is worth zero and fails as a currency and a hedge
Nicholas Nassim Taleb has reversed his stance on bitcoin.
Just a sliver of assistance has reached renters, with eviction ban about to expire
Around 176,000 renter households had received assistance by the end of May, according to government data. However, more than 11 million renters are behind.
Portfolio loans can be one way to make debt work in your favor. Here are the benefits and risks
Depending on how much risk you can take, a loan against your investments can be a way to avoid selling assets and paying taxes on that...
Inflation concerns have many retirees worried about running out of money
As inflation rises, many retirees worry about outliving their nest eggs. Advisors suggest these portfolio changes for retirees to preserve buying power.
Mastercard and Verizon announce partnership for 5G contactless payments
The alliance, which aims to yield innovations by 2023, looks to further digitize and disrupt global consumer spending at retailers and other merchants.