Latest News on private equities market

El-Erian says coronavirus devastation of small businesses threatens capitalism in the U.S.

"If you want capitalism to be sustained, you need buy-in from a lot of people. You cannot get buy-in if it's all about large corporations," economist Mohamed El-Erian told CNBC on Thursday.

5 years ago

6 things women shouldn't do when starting a business

Three entrepreneurs who started successful businesses caution women against the top six mistakes they might be likely to make.

5 years ago

'Unabashed' capitalist Kevin O'Leary: 'I don't think Biden is going to hurt the markets at all'

"All of these 'wonderful ideas' about green this and green that, none of that's going to be implemented," the "Shark Tank" investor told CNBC on Thursday. "He's got to keep people employed."

5 years ago

This lender wants to close the racial wealth gap and 'put poverty out of business'

Community Development Financial Institutions, which provide banking and loan services to low-income communities, may be the best kept secret in the banking world.

5 years ago

What to expect from Biden-Harris on tech policy, platform regulation, and China

Brookings | Darrell M. West and Nicol Turner Lee | Au 13, 2020 Democratic candidate Joe Biden’s decision to put U.S. Senator Kamala Harris on his ticket means that we now have the fall lineup against Republicans Donald Trump and Mike Pence. Biden’s historic choice to put a prominent and well-respected African American woman on

5 years ago

Emergency savings are tumbling during pandemic, especially in households with income under $50,000

Overall, more than a third of U.S. adults say they have less in cash reserves than they did pre-pandemic, with those earning less than $50,000 a year reporting a higher rate of reduced savings, according to a study.

5 years ago

Why there's still hope for second $1,200 stimulus checks despite stalled Congressional talks

As stimulus negotiations on Capitol Hill came to a halt, so did plans for quickly sending out another round of stimulus checks. But because more direct payments are popular on both sides of the aisle, they will likely still be included in the next legislative package. Here's what we know about when that could happen.

5 years ago

'Don't get too optimistic' — Cramer says Wall Street records don't reflect Main Street struggles

"I think this is the two economies. The 'V-shaped' recovery in stocks is not the 'V-shaped' recovery in the economy," CNBC's Jim Cramer said Thursday.

5 years ago

Don't count on that extra $300 in unemployment benefits anytime soon

Unemployed workers are unlikely to get an extra $300 a week in benefits in the near future. Some state officials have signaled it could take a month or more.

5 years ago

Evictions are expected to skyrocket as pandemic protections come to an end

The federal ban on evictions expired last month. Many states that paused their own proceedings have now allowed them to resume. The result: A record number of people could find themselves without a home during the pandemic.

5 years ago

'We're trapped': Californians now face the dual nightmare of wildfires and a pandemic

California residents and business owners are facing the horror of a pandemic and wildfires that are blanketing the state in smoke.

5 years ago

Got a notice from the IRS saying you owe? Don't panic just yet

As the IRS gets caught up on a large backlog of mail, taxpayers who mailed in checks months ago are now receiving notices from the taxman, indicating they still owe. Don't panic. Here's what you should do next.

5 years ago

Will you get an extra $300 or $400 unemployment benefit? It depends on your state

Just two states have so far indicated they'll offer a $400 weekly boost to unemployment benefits. Many more are paying an extra $300 a week instead.

5 years ago

How to manage any credit card debt you may have racked up the last few months

No matter how you choose to pay down credit card balances, here are the hard truths. Paying the minimum on a card will keep you in the red — and from using it again — for years.

5 years ago

Meet Dynetics, the company racing against SpaceX and Blue Origin to return astronauts to the moon

Dynetics is a dark horse in the race against Elon Musk's SpaceX and Jeff Bezos' Blue Origin to build crewed lunar landers for NASA.

5 years ago