Latest News on private equities market

President Joe Biden has proposed a tax hike on the wealthy to cover the American Families Plan. Experts say it may drop a tax bomb on divorcing couples.

About 80% of the so-called tax gap is due to underreported income, largely from the wealthy, according to a Treasury report issued Thursday.

Cryptocurrency is wandering further into the realm of the absurd. Late entrants to the party will be holding the bag.

Cato Institute | Jennifer J. Schulp | May 3, 2021 Policymakers should exercise caution when considering whether to impose new regulations on trading app design. Growing numbers of individual investors are now trading on their phones through app‐​based trading platforms offered by Robinhood Financial and a host of other new brokerages, such as Webull and Public.

McKinsey & Company | Brant Carson, Abhishek Chakravarty, Kristy Koh, and Renny Thomas | May 18 2021 Technology alone cannot define a successful AI bank; the AI bank of the future also needs an operating model that brings together the right talent, culture, and organizational design. As we noted at the beginning of this series

IPO shares have historically been set aside for Wall Street's institutional investors or high-net worth individuals.

Guest Post | May 19, 2021 Many students dream of getting a job in a large company. Ask anyone, Apple, Microsoft, or Amazon will be the first options people think of. There are quite a few companies that are every student's dream. But the problem is that very few people can start their careers so

Investment Executive | James Langton | May 17, 2021 The ESG investing space has become increasingly susceptible to marketing hype Sustainable investing, like any other hot retail investment trend, is vulnerable to hype. Regulators now are stepping up their efforts to ensure investors are getting what they’re promised from environmental, social and governance (ESG) investments.

President Joe Biden and Vice President Kamala Harris released their 2020 tax returns, reviving the annual White House tradition.

Banks will soon issue credit cards to those without traditional credit scores, potentially helping millions of Americans borrow.

AltFi | Aisling Finn | May 11, 2021 One step closer to removing the “computer says no” attitude to credit cards. Another partnership that seems to be a match in fintech heaven, this time for credit marketplace ClearScore and digital bank Zopa. Currently, four million people in the UK use open banking in their day-to-day

When the Covid pandemic hit, small business owners across the country scrambled to survive. Here's how four businesses pivoted.

Sifted | Georgie Smallwood | May 11, 2021 Fintechs are among the fastest-growing companies in the market today. Take Revolut: the digital bank saw its users jump by 100% last year from 6m to 12m — and has already hit 15m this year. Fintechs are also pretty damn good at churning out new features. Want

Companies such as ADP, Best Buy, Self, Truist and Varo are teaming up with BlackRock to experiment with encouraging people to save for the unexpected.

The Tax Cuts and Jobs Act reduced taxes for many individuals and households. But its provisions are scheduled to lapse after 2025.