Latest News on private equities market

Heavily shorted online used car seller Carvana surges 30%, is halted several times

Shares of online used car retailer Carvana surged Thursday amid a wild trading session.

2 years ago

Tax professionals ‘horrified’ by IRS decision to destroy data on 30 million filers

The IRS destroyed an estimated 30 million so-called paper-filed information returns in March 2021, sparking anger from the tax community.

2 years ago

Inflation is costing U.S. households an extra $311 a month. Here's what's more expensive and how you can save some money

Consumer prices rose 8.3% in March, according to the U.S. Bureau of Labor Statistics.

2 years ago

Ahead of hurricane season and summer storms, be sure you know how weather events are covered by your homeowners insurance

Regardless of where you live, it's important to know which types of weather-related damage your homeowners insurance covers.

2 years ago

House passes bill aimed at curbing the $2.9 billion seniors lose each year to financial scams

Unsuspecting older Americans get duped by financial scams every year. Now, a bill in Congress aims to increase regulators' abilities to help stop that.

2 years ago

Yellen Renews Call for Stablecoin Regulation After Terra’s algorithmic stablecoin tumbles

TechCrunch | Jacquelyn Melinek | May 10, 2022 Stablecoins have been a hot topic both on and off Capitol Hill. Earlier today, U.S. Treasury Secretary Janet Yellen pushed for regulation during an annual testimony in front of the Senate Banking Committee, at a time where Terra’s algorithmic stablecoin UST struggles to retain its peg. US


The post Yellen Renews Call for Stablecoin Regulation After Terra’s algorithmic stablecoin tumbles first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Heavily shorted online used car seller Carvana surges nearly 25%, is halted several times

Shares of online used car retailer Carvana surged Thursday amid a wild trading session.

2 years ago

Medical debt has dropped during pandemic, new research shows. That trend soon could shift

Pandemic-era programs that have helped Americans secure health insurance are scheduled to end in the coming months, which could lead to more medical debt.

2 years ago

'Women lost a lot of ground in the pandemic,' says Ellevest CEO Sallie Krawcheck. But they can take steps to start recovering financially

While women face financial hurdles, there are steps they can take to build wealth, says Ellevest CEO Sallie Krawcheck. And the men in their lives can help, too.

2 years ago

Nearly 7 in 10 Americans want to live to 100, study finds. Here’s how retirement is changing

Despite fears of outliving savings, most Americans still want to live longer, with 65% hoping to reach age 100, according to a study on longevity.

2 years ago

Inflation remained near a 40-year high in April. Here's where consumers plan to cut spending

Inflation is still near a 40-year high, prompting consumers to cut spending, according to a CNBC + Acorns Invest in You survey.

2 years ago

Two-thirds of Americans live paycheck to paycheck as inflation continues to climb

More Americans are feeling financially strained, as prices for basic necessities keep climbing.

2 years ago

Grayscale tells SEC that turning biggest bitcoin fund into ETF will unlock $8 billion for investors

A spot-based bitcoin ETF has eluded the industry for over five years. With an SEC deadline coming up, will Grayscale finally break through?

2 years ago

High inflation continues to point to bigger Social Security cost-of-living adjustment in 2023

If record high inflation continues, Social Security beneficiaries may see a bigger increase to their monthly checks next year. Here's what to watch.

2 years ago

How fast does inflation cut buying power? Here's a simple guide

Rising prices for goods and services means your money buys less. The "rule of 72" can help gauge how quickly its value decreases.

2 years ago