There's still time for Congress to get more stimulus money to Americans before the election. But time is running out. Here's where politicians will have to compromise, and how quickly funds could be dispensed if they do.
Amid the coronavirus outbreak, Senate Democrats urge the President to cancel up to $50,000 in student debt for borrowers by executive action.
AltFi | John Reynolds | Sep 16, 2020 Fintechs will be “even more important” coming out of lockdown than they were during lockdown helping smaller businesses return to normality, according to the British Business Bank (BBB), which has reported a £2m loss in the year ending March 2020. The government-backed bank, which is responsible for organising the CBILS, BBLS
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Millions of Americans are still asking, "Where is my stimulus check?" Now, the IRS is mailing out notices to almost 9 million people to inform them of an upcoming deadline to register for a check. Here's a breakdown of who they're targeting and where those letters are going.
Herman Miller reported fiscal first quarter earnings per share of $1.24, blowing past the earnings of 26 cents per share expected by Wall Street, according to Refinitiv.
Counting the four IPOs this week, software IPOs will have raised roughly $7.8 billion year to date.
Yelp on Wednesday released its latest Economic Average Report, revealing business closures across the U.S. are increasing as a result of the coronavirus.
If you're late to the game, now is the time to nail down a solid retirement strategy.
Savers were allowed to skip the 2020 required minimum distribution from their retirement accounts. Those who already took the withdrawal had until Aug. 31 to return it. What to do if you missed the deadline.
The market caps of payment stocks like Visa and MasterCard have eclipsed the value of the biggest banks, even as their balance sheets remain significantly smaller in comparison.
Former "Shark Tank" contestant Kelsey Moreira, the owner of Doughp, recently had to lay off most of the staff she had furloughed in the spring.
Details of the pressure the New York-based bank faced from its activist investor hadn't been reported until now. The lessons from this episode will likely inform how Corbat's successor interacts with the bank's large investors.
Brookings | Landry Signé, Mark Esposito, and Sanjeev Khagram | Sep 10, 2020 Pandemic lockdowns, digitalization, and the acceleration of the Fourth Industrial Revolution (4IR) are all driving a shift in global governance. Since the world’s technological leaders will also be geopolitical leaders, the competition for dominance in cutting-edge sectors like artificial intelligence is intensifying. The
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McKinsey & Company | Chandana Asif, Max Flötotto, Tunde Olanrewaju, and Giuseppe Sofo | Sep 9, 2020 To navigate the economic fall-out from COVID-19, Europe’s fintechs will need to adjust their playbook. Fintechs have been on a roll. Fueled by generous amounts of venture capital funding, last year 24 financial services startups hit a valuation
The post Detour: An altered path to profit for European fintechs first appeared on National Crowdfunding & Fintech Association of Canada.
Warren Buffett's Berkshire Hathaway made the investment despite his aversion to IPOs.