Latest News on private equities market

Virgin Galactic shares erase 2021 gains after Richard Branson's stake sale

Shares of Virgin Galactic dropped in trading on Thursday, erasing its 2021 gains after founder Richard Branson sold more stock.

3 years ago

Retired and house hunting? How to finance your next home purchase

While getting a mortgage in retirement can be tricky, there are alternatives to traditional financing or other strategies that may help you qualify.

3 years ago

Here's how investors can spot the next Bernie Madoff

Bernie Madoff, who ran the biggest Ponzi scheme in U.S. history, died Wednesday. Here are some ways investors can spot the next would-be investment fraudster.

3 years ago

As pandemic aid was rushed to Main Street, criminals seized on Covid relief programs

A new report estimates overall fraud in the Covid-19 Paycheck Protection Program and Economic Injury Disaster Loan program and grants could reach $84 billion.

3 years ago

Why some lawmakers are pushing to repeal limits on state and local tax deductions

Legislators on Thursday announced a bipartisan caucus to seek repeal of the SALT cap to help middle-income taxpayers in their districts.

3 years ago

'We need at least one more check.' The case for a fourth stimulus payment

Evidence indicates new $1,400 stimulus checks are boosting the economy. But some argue more payments are needed so that no one is left behind in the recovery.

3 years ago

There’s a single New Jersey deli doing $35,000 in sales valued at $100 million in the stock market

Hometown International reported $35,748 in sales in 2019 and 2020, combined, but is worth millions in the over-the-counter market.

3 years ago

JPMorgan Chase beats analysts’ estimates as bank releases $5.2 billion in loan loss reserves

One key question is whether banks will continue to release loan loss reserves that are no longer needed as the U.S. economic recovery gains pace.

3 years ago

Goldman Sachs reports record results that top the Street amid booming investment banking

Goldman Sachs crushed forecasts with record first-quarter net profits and sales due to strong performance in trading and investment banking.

3 years ago

JPMorgan Chase beats profit estimates on strong trading, $5.2 billion release of loan-loss reserves

JPMorgan has led banks in releasing loan loss reserves that are no longer needed as the U.S. economic recovery gains pace.

3 years ago

Billionaire-owned Sierra Nevada Corp. creating new space company to bet on a low-Earth orbit economy

Sparks, Nevada-based Sierra is 100% owned by husband and wife team, Fatih and Eren Ozmen, Turkish immigrants-turned-billionaires.

3 years ago

Families must file a 2020 tax return to get the new $3,000 child tax credit

The IRS will start sending monthly payments from the new $3,000 child tax credit in July to families who have proven eligibility by filing a 2020 tax return.

3 years ago

Astranis, with a new approach to satellite internet, raises $250 million from BlackRock and others

Astranis, a company with an alternative approach to providing internet access from satellites, closed new funding from BlackRock and others to ramp production.

3 years ago

Bernie Madoff, mastermind of the nation's biggest investment fraud, dies at 82

Bernard Madoff masterminded the biggest investment fraud in U.S. history, ripping off tens of thousands of people of as much as $65 billion.

3 years ago

College internships are back and pay even more than before

The summer employment picture is improving for 16-to-24 year olds, with some internships paying more than $8,000 a month, the equivalent of a six-figure salary.

3 years ago