Latest News on private equities market

Morgan Stanley dumped $5 billion in Archegos’ stocks the night before massive fire sale hit rivals

Morgan Stanley dumped $5 billion in Archegos’ stocks the night before massive fire sale hit rivals

It's a previously unreported detail that shows the extraordinary steps some banks took to protect themselves from incurring losses amid a client's meltdown.

5 years ago
24% of unemployed workers have been jobless for over a year

24% of unemployed workers have been jobless for over a year

The share of long-term unemployed is rising even as the U.S. jobless rate is falling. That's an unusual dynamic for recessions, economists said.

5 years ago
1 in 10 people fall victim to gift card scams, AARP says

1 in 10 people fall victim to gift card scams, AARP says

Americans have lost about $245 million to gift card scams since 2018, according to the Federal Trade Commission. The typical person lost $840.

5 years ago
Op-Ed: Employers' diversity and equity efforts often overlook people with disabilities

Op-Ed: Employers' diversity and equity efforts often overlook people with disabilities

The conversation around diversity, equity and inclusion overlooks the most underemployed segment of our population — people with disabilities.

5 years ago
Supreme Court handed Google a win in a decade-long court battle with Oracle

Supreme Court handed Google a win in a decade-long court battle with Oracle

The New York Times | Shira Ovide | Apr 5, 2021 The 6-2 ruling, which overturns a victory for Oracle, marks a climax to a decade-old case that divided Silicon Valley and promised to reshape the rules for the software industry. Oracle was seeking as much as $9 billion. On Monday, the Supreme Court said


The post Supreme Court handed Google a win in a decade-long court battle with Oracle first appeared on National Crowdfunding & Fintech Association of Canada.

5 years ago
SpaceX does not plan to add 'tiered pricing' for Starlink satellite internet service, president says

SpaceX does not plan to add 'tiered pricing' for Starlink satellite internet service, president says

SpaceX president Gwynne Shotwell does not think the company will add "tiered pricing" for its direct-to-consumer Starlink satellite internet service.

5 years ago
More financial education would have helped people better manage their money in the  pandemic

More financial education would have helped people better manage their money in the pandemic

Having more personal finance education in school would have helped people better manage their finances during the pandemic, a study finds.

5 years ago
Here's guidance for handling taxes on Covid-related withdrawals from retirement accounts

Here's guidance for handling taxes on Covid-related withdrawals from retirement accounts

If you withdrew money from your 401(k) or IRA for reasons related to Covid, you're required to include at least a portion of taxes due on your 2020 return.

5 years ago
New head of Communitech leading incubator says ‘no reason why Canada couldn’t be the global hub of innovation’

New head of Communitech leading incubator says ‘no reason why Canada couldn’t be the global hub of innovation’

Financial Post| Bianca Bharti | Apr 5, 2021 There is no reason why Canada couldn't be the global hub of innovation' Canada needs to foster companies that can compete on a global scale if it wants to build a sustainable technology ecosystem, according to the incoming chief executive of one of the country’s top tech


The post New head of Communitech leading incubator says ‘no reason why Canada couldn’t be the global hub of innovation’ first appeared on National Crowdfunding & Fintech Association of Canada.

5 years ago
Teaching personal finance to kids can help to close the Black wealth gap

Teaching personal finance to kids can help to close the Black wealth gap

Fewer Black and Hispanic students than whites are required to take a personal finance course to graduate high school, research shows.

5 years ago
While financial literacy lessons can be learned, some money habits may be in your genes

While financial literacy lessons can be learned, some money habits may be in your genes

While a formal financial education is important, experts say some habits may be genetic and that people need tools to help them manage their money.

5 years ago
Amended return may be needed to get full refund on $10,200 unemployment tax break, IRS says

Amended return may be needed to get full refund on $10,200 unemployment tax break, IRS says

Americans who collected unemployment benefits last year may need to file an amended tax return in some cases to get their maximum tax refund, the IRS said.

5 years ago
To combat financial illiteracy, education needs to start early in the classroom, advocates say

To combat financial illiteracy, education needs to start early in the classroom, advocates say

Far too few students receive personal finance education during high school. Yet they are expected to make big financial decisions after they graduate.

5 years ago
How can Bitcoin SV Help in this Time of Pandemic?

How can Bitcoin SV Help in this Time of Pandemic?

Bitcoin Association | Makkie Maclang | April 5, 2021 The coronavirus (covid-19) pandemic has changed the way the world works, and 2020 has been a dismal year for many, with more than 1.4 million deaths. As everyone continues to battle the virus and with a vaccine still in the works, the question in the cryptocurrency


The post How can Bitcoin SV Help in this Time of Pandemic? first appeared on National Crowdfunding & Fintech Association of Canada.

5 years ago
After you die what happens to your digital assets and NFTs?

After you die what happens to your digital assets and NFTs?

TechCrunch | Erin Bury | Apr 5, 2021 As consumers build their wealth, assets are typically tangible: cash, investments, property, cars, jewelry, art. But increasingly we’re adding a new type of asset to the mix: digital assets, whether in the form of cryptocurrency or a new asset class, NFTs. We’re going through the biggest wealth


The post After you die what happens to your digital assets and NFTs? first appeared on National Crowdfunding & Fintech Association of Canada.

5 years ago