Latest News on private equities market

$1,200 stimulus checks should go to incarcerated people, judge rules. Why their eligibility has been uncertain

When Congress passed the CARES Act in May, it did not exclude incarcerated people from receiving $1,200 stimulus payments. But the government later reversed that. Now, one judge has ruled that eligible prisoners should receive that money.

4 years ago

Virgin Galactic's next spaceflight test remains on track to launch in the coming weeks

Space tourism venture Virgin Galactic on Wednesday confirmed to CNBC that it remains on track to conduct its next test spaceflight this fall.

4 years ago

Robo Adviser Wealthsimple Hits Unicorn Status With TCV Deal

Bloomberg | Gillian Tan, Sarah Syed, and Katie Roof | Oct 13, 2020 Wealthsimple Inc. raised money from an investor group led by Technology Crossover Ventures that will give the Canadian investment firm unicorn status. The Toronto-based startup closed a fresh round of C$114 million ($87 million) in funding led by Menlo Park, California-based TCV


The post Robo Adviser Wealthsimple Hits Unicorn Status With TCV Deal first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago

JPMorgan beats analysts’ profit estimates as the bank sets aside less for loan losses

JPMorgan, the biggest U.S. bank by assets, is also the first major lender to report earnings.

4 years ago

CEO of world's biggest money manager sees 'more to go on the upside' for the stock market

"We have a strong conviction that the average investor still is under-invested," BlackRock CEO Larry Fink told CNBC on Tuesday.

4 years ago

Men have been promoted 3 times more than women during the pandemic, study finds

A survey by software company Qualtrics and theBoardlist is one of several that highlight the disparity working women are facing during the coronavirus pandemic.

4 years ago

Citigroup earnings top Street estimates as credit costs from the pandemic stabilize

"We continue to navigate the effects of the COVID-19 pandemic extremely well. Credit costs have stabilized; deposits continued to increase," CEO Michael Corbat said.

4 years ago

Social Security cost-of-living adjustment will be 1.3% in 2021

The Social Security Administration announced on Tuesday just how much benefits will increase next year. But for beneficiaries who may already be spread thin financially amid Covid-19, the modest increase may not be good news.

4 years ago

How small retailers are doing Amazon Prime Day amid Covid-19 pandemic

Amazon's annual two-day Prime Day sales event kicks off Tuesday after the coronavirus pandemic delayed the event for months. Owners of the more than 1 million small businesses that sell products on Amazon are looking to the two-day shopping event to provide a sales boost.

4 years ago

Op-ed: The pandemic has shown that long-term financial security is a necessity, not a luxury

The Covid-19 pandemic has shown us that long-term financial security is a necessity, not a luxury. And that means competent and ethical financial planning must be a priority, writes Kevin R. Keller, chief executive officer of the CFP Board.

4 years ago

Amazon Prime Day is on — here are the best deals

Amazon Prime Day will run through Wednesday, Oct. 14, with discounts on more than 1 million items, including intermittent “Lightning Deals,” for Prime members.

4 years ago

Here's what not to buy on Amazon Prime Day

You've probably heard a lot about the best deals on Amazon Prime Day. Here are some items you might want to hold off purchasing.

4 years ago

Unemployment was supposed to be temporary. Now, it’s permanent for almost 4 million

Unemployment spells are becoming longer and are less likely to be temporary in nature, meaning the U.S. is trending toward a riskier period of joblessness.

4 years ago

7 Things You Need To Know Before Investing in Artificial Intelligence

Guest Post | Oct 13, 2020 AI is the future and a lot of us want to invest in it. Here are 7 essential facts you must know before investing in AI. We cannot fathom how deeply Artificial Intelligence (or AI for short) is involved in our day-to-day tasks – from simple chatbots helping us


The post 7 Things You Need To Know Before Investing in Artificial Intelligence first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago

How workplace benefits might reflect the new reality of Covid-19

The coronavirus pandemic has forced employers to take a hard look at the workplace benefits they're offering. Here's how that benefit menu might change to adapt to today's new reality.

4 years ago