Latest News on private equities market

Blackstone chief defends real estate fund amid rush for withdrawals

Blackstone chief defends real estate fund amid rush for withdrawals

Blackstone president and COO Jon Gray defended the fund, noting that investors knew BREIT had limits on redemptions.

3 years ago
How to Invest in Cryptocurrency Index Funds

How to Invest in Cryptocurrency Index Funds

Dec 8, 2022 Cryptocurrency index funds are an excellent way to invest in crypto. Index funds are excellent investments because of their accessibility, simplicity, and return rates. Cryptocurrency index funds offer the benefits of traditional investment vehicles like mutual funds and exchange-traded funds. But there is a problem with cryptocurrency: it's very risky to invest


The post How to Invest in Cryptocurrency Index Funds first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago
401(k) 'hardship' withdrawals hit record high, Vanguard says — another sign households feel the pinch of inflation

401(k) 'hardship' withdrawals hit record high, Vanguard says — another sign households feel the pinch of inflation

401(k) savers are raiding their nest eggs due to financial hardship at elevated rates, suggesting they need fast cash amid fast-rising consumer prices.

3 years ago
Long Covid's financial devastation: $8,000 in credit card debt, ruined retirement plans

Long Covid's financial devastation: $8,000 in credit card debt, ruined retirement plans

On top of the toll it takes on their health, long Covid patients report a devastating impact on finances, including massive medical expenses and job losses.

3 years ago
Amid inflation and market volatility, just 12% of adults — and 29% of millionaires — feel 'wealthy'

Amid inflation and market volatility, just 12% of adults — and 29% of millionaires — feel 'wealthy'

These days, only 12% of Americans consider themselves wealthy, including just 29% of millionaires.

3 years ago
Plaid Lays Off 260 Employees (20% of Staff)

Plaid Lays Off 260 Employees (20% of Staff)

TechCrunch | Mary Ann Azevedo | Dec 7, 2022 Plaid, a Fintech decacorn, is laying off 260 employees, or about 20% of its workforce, the company announced today In April of 2021, Plaid raised a $425 million Series D led by Altimeter Capital, which valued the company at around $13.4 billion. This was after its


The post Plaid Lays Off 260 Employees (20% of Staff) first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago
According to a Group of Economists, Unregulated Wash Trading is Impacting Tax Revenue

According to a Group of Economists, Unregulated Wash Trading is Impacting Tax Revenue

Quartz | Nate DiCamillo | Dec 6, 2022 Crypto traders don’t have to move their funds offshore to evade US taxes, as long as the US government allows wash trading of the nascent asset class. Tax loss harvesting: A group of economists from Cornell University, the University of North Carolina, and Tel Aviv University have


The post According to a Group of Economists, Unregulated Wash Trading is Impacting Tax Revenue first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago
Final Legal Submission Concluded After 2 Years:  Ripple vs SEC

Final Legal Submission Concluded After 2 Years: Ripple vs SEC

CryptoPotato | Chayanika Deka  | Dec 5, 2022 The long-running legal spat between Ripple and the SEC and Ripple is drawing close after two years. Stuart Alderoty, General Counsel of Ripple, confirmed the company’s “final submission,” urging the court to grant judgment in its favor and said that Ripple is proud of the defense it


The post Final Legal Submission Concluded After 2 Years: Ripple vs SEC first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago
Just 8% of Americans have a positive view of cryptocurrencies now, CNBC survey finds

Just 8% of Americans have a positive view of cryptocurrencies now, CNBC survey finds

The survey shows 43% of the public with a negative view of cryptocurrencies, up from 25% in March.

3 years ago
'Risky behaviors' are causing credit scores to level off — here's how that can hurt you

'Risky behaviors' are causing credit scores to level off — here's how that can hurt you

Your three-digit credit score can determine the interest rate you’ll pay for credit cards, car loans and mortgages. The higher your score, the lower the rate.

3 years ago
Dec 20: Brookings Online Debate:  Should Crypto be Regulated by the Federal Government?

Dec 20: Brookings Online Debate: Should Crypto be Regulated by the Federal Government?

Brookings | Dec 7, 2022 Tuesday, December 20, 2022, 9:00 - 10:00 a.m. EST Online: https://www.brookings.edu/events/a-debate-should-crypto-be-regulated-by-the-federal-government/ The explosion of interest in cryptocurrencies and the implosion of cryptocurrency exchange FTX shine a spotlight on the fact that today’s regulatory apparatus is ill-equipped to oversee this new financial technology. The Securities and Exchange Commission, the Commodity Futures


The post Dec 20: Brookings Online Debate: Should Crypto be Regulated by the Federal Government? first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago
It's never too soon to save for retirement. Here are 3 ways Gen Z workers can start now

It's never too soon to save for retirement. Here are 3 ways Gen Z workers can start now

With many older workers and retirees regretting not saving earlier in life, it's never too soon for new college graduates to start socking away money.

3 years ago
It's never to soon to save for retirement. Here are 3 ways Gen Z workers can start now

It's never to soon to save for retirement. Here are 3 ways Gen Z workers can start now

With many older workers and retirees regretting not saving earlier in life, it's never too soon for new college graduates to start socking away money.

3 years ago
Taking required minimum distributions? How to reduce the sting of selling in a down market

Taking required minimum distributions? How to reduce the sting of selling in a down market

The deadline is approaching for required minimum distributions, and retirees need to be careful when withdrawing money in a down market. Here's what to know.

3 years ago
50% of women say they are behind on retirement savings. Here's why they face challenges

50% of women say they are behind on retirement savings. Here's why they face challenges

Women face higher hurdles for how much income they will need in retirement, and they lack confidence they can clear them, according to a Goldman Sachs report.

3 years ago