Uncertainty can be an inherent part of investing, particularly in the private markets. Private market investments may offer unique opportunities for growth and returns, but they can also be subject to volatility and market fluctuations. Navigating volatility in private market … Continue reading
Citi | Jun 16, 2023 Embracing the three-sided market model, where financial institutions integrate with digital platforms alongside buyers and sellers, can unlock new network effects, accelerate economic growth, and enhance customer engagement in the digital economy. The report introduces the concept of a "three-sided market" where financial institutions are integrated into digital platforms alongside
If you win the Powerball jackpot, your winnings will shrink after the IRS cut. Here's what to know.
As the Federal Reserve works to curb inflation, experts are forecasting for a mild recession. Here's when they say that downturn may start.
Techcrunch | Rita Liao | Jul 7, 2023 The Chinese government's regulatory crackdown on the fintech industry, which began in late 2020, appears to be concluding with substantial fines levied on Tencent and Alibaba, the two dominant players in China's digital payments market. Tencent and its payments subsidiary Tenpay have been fined approximately $410 million,
The unemployment rate for teens aged 16 to 19 crept up slightly in June, while the labor participation rate fell year on year.
CNBC FA Council member Lazetta Braxton shares her top tips tor how to adapt to inflationary times. The key is to "be creative," she said.
CTV News | Nojoud Al Mallees and Tara Deschamps | Jul 5, 2023 In response to Meta's decision to block Canadian news content, the Canadian government, along with several media companies, are suspending their advertisements on Facebook and Instagram, signaling a potential shift in the digital advertising landscape and news consumption habits. This decision is
CBC News | Patrick Smith | Jul 6, 2023 Meta's new conversation app, Threads, garners over 10 million sign-ups within hours of launch, challenging Twitter's dominance amidst user discontent over tweet-viewing limits. Meta's launch of Threads, a new conversation app, has seen an overwhelming response with over 10 million sign-ups within seven hours of its
Federal and private job data issued Thursday suggests the labor market has remained resilient in the face of economic headwinds.
CSA Release | Jul 6, 2023 The Canadian Securities Administrators (CSA) has issued a comprehensive guidance for fund managers of public investment funds dealing in crypto assets. This step is aimed at ensuring compliance with securities law requirements, thereby enhancing the transparency and security of Canada's burgeoning crypto market. The guidance provides a detailed overview
When federal student loan payments restart in the fall, borrowers will be spared for 12 months from the harshest consequences of falling behind.
Employers recognize the need to reduce employee burnout, as employees report overall better feelings and productivity upon returning from vacation.
The Federal Trade Commission issued a consumer alert about likely fraud attempts after the Supreme Court's ruling Friday against student loan forgiveness.
OMFIF | July 5, 2023 Insights from interviews with central banks and regulated financial infrastructure providers on central banking and cloud services Many institutions are adopting a hybrid approach to data management, leveraging advanced cloud technology for less sensitive data while keeping personally identifiable information secure in on-premises storage. However, central banks remain cautious, valuing