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
Learn how Special Purpose Acquisition Companies (SPAC) are gaining interest as an alternative to the traditional IPO process. Continue reading
"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.
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.
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.
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.
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.
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.
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.
As Americans grapple with decisions about school, money and fears about the coronavirus, this fall will be anything but normal.
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.
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.
Whether you're a novice or seasoned investor, mistakes can be made in your pursuit of growth. Here are some of the big errors that financial advisors discovered in recent research.
This year, retirees can skip their annual required minimum distribution from their individual retirement accounts and 401(k) plans. If you've already taken the money, you have until the end of August to put it back.
Whenever Capitol Hill decides on the next round of federal unemployment benefits, those payments likely will be retroactive to when the $600 lapsed, experts say.
A $600-a-week supplement to unemployment benefits leaves millions of Americans without enough cash flow to pay bills in August.