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.
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.
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.
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...
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.
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...
Inflation concerns has 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.
Don’t count on another unemployment benefits tax break. Here's what you need to know
The American Rescue Plan waived federal tax on up to $10,200 of unemployment benefits people collected in 2020. They may not get a tax break this...
67 per cent of young Brits want a socialist economic system, finds new poll
IEA UK Jul 6, 2021 Research from the Institute of Economic Affairs (IEA) confirms younger people are hostile to capitalism and hold positive views of socialist...
10 Eye-Opening Financial Literacy Statistics
OppU Samantha Rose Mar 18, 2021 The data speaks for itself — and it’s not good. The data is clear. Americans have a financial literacy problem....
Cryptocurrency trading volume plunges as interest wanes following bitcoin price drop
Virtual currencies are in a summer slump as they navigate a two-month correction period following a string of negative stories.
Allyson Felix strives for Olympic gold and equality for mothers — 'There is still a really long way to go'
Olympic runner Allyson Felix tells CNBC what drives her to be an advocate for mother athletes and why child care is so important for them.
College plans rebound although cost remains a top concern, survey finds
As the economy bounces back from the pandemic, most parents say their child’s college plans have returned to what they were pre-Covid.
NASA chief says Richard Branson's flight was a great milestone in human space exploration
"We put up Alan Shepard and Gus Grissom into suborbit 60 years ago, and now we've come to this," NASA Administrator Bill Nelson told CNBC on...
Imax CEO says partner AMC’s stock surge has helped his business as well
"AMC is our partner, not our competitor," Imax CEO Richard Gelfond told CNBC on Monday "Their liquidity is good for us."