Latest News on private equities market

The 3 moves to make just after you've been laid off

Get everything that's coming to you when you're laid off, starting with health insurance.

5 years ago

Quicken Loans parent sells shares in IPO below target to raise $1.8 billion

Rocket Companies, the parent of U.S. mortgage lender Quicken Loans, said its initial public offering (IPO) was priced at $18 per share on Wednesday, below a target range, and that it sold fewer shares than planned.

5 years ago

Here's how to handle your Medicare coverage if you're moving to another state

Be sure to familiarize yourself with the rules that apply to Medicare when you move to a new state, including how long you get to switch your coverage.

5 years ago

Hurting without the $600 jobless benefit? Money moves to make now if you've been laid off or furloughed

The 30 million Americans who have been furloughed or laid off during the Covid-19 crisis are no longer getting their $600 unemployment boost. If you are one of them, experts suggest making these money moves right now.

5 years ago

SPAC Explained: What is a Special Purpose Acquisition Company?

Learn how Special Purpose Acquisition Companies (SPAC) are gaining interest as an alternative to the traditional IPO process. Continue reading

5 years ago

Jim Cramer on relief bill delay: 'If we don't have a deal, we've got to have a sell-off'

"It's not like we can just avoid a deal and say it doesn't matter. And that's what I'm getting concerned about," CNBC's Jim Cramer said Thursday.

5 years ago

Goldman names new head of digital assets in bet that blockchain is the future of financial markets

The appointment of Mathew McDermott means the newest face of blockchain and cryptocurrency on Wall Street isn't a starry-eyed bitcoin evangelist, but a 46-year-old veteran of old-school financing markets.

5 years ago

On campus but under lockdown — a day in the life of a college student during Covid-19

At Middlebury College, once students get on campus, they're not allowed to get a coffee in town or run to the drugstore for shampoo. Parents or friends can't visit. This is collegiate life in a pandemic.

5 years ago

In California, 57% seeking unemployment benefits lost their jobs for a second time

More than half of workers who recently applied for unemployment benefits in California were doing so because their jobs or hours were cut again, hinting at the nation's unstable economic recovery.

5 years ago

How much your next stimulus check could be

Three more proposals for federal stimulus are being discussed in Congress: The HEROES Act, the HEALS Act and the Coronavirus Assistance for American Families Act. While all three bills have some things in common — each would, for example, deliver a second round of checks to Americans — there are also some key differences.

5 years ago

Why you might not see cash from a payroll tax cut, even if Trump issues an executive order

President Donald Trump may be able to mandate a payroll tax holiday through an executive order, but employers may be unwilling to comply unless they can count on forgiveness of those taxes, experts said.

5 years ago

Why IPOs like Rocket Companies can be a tricky play for investors

Quicken Loans' parent company, Rocket Companies, began trading publicly Thursday at a lower-than-targeted share price. While it's impossible to know how the stock will fare in the future, it's a good reminder to approach any IPO with a dose of caution.

5 years ago

Parents are at a breaking point as they try to cope with getting kids back to school

As Americans grapple with decisions about school, money and fears about the coronavirus, this fall will be anything but normal.

5 years ago

Some foreign workers were sent stimulus checks in error. Fixing the mistake won't be easy

When Congress authorized the first stimulus checks in the spring, clear rules were included as to who was eligible and who was not. But it turns out that differentiating between resident and non-resident aliens is tricky, leading some foreign workers to receive checks when they shouldn't. As lawmakers mull a second batch of checks, fixing the glitch won't be easy.

5 years ago

PayPal poaches Wells Fargo's innovation executive Peggy Mangot for venture capital team

PayPal, a pioneer in online payments, is on a tear, posting record quarterly results last month as the coronavirus pandemic accelerated e-commerce and digital payments trends.

5 years ago