Latest News on private equities market

Unemployment is falling. But it may be short-lived: 'There's no cause for celebration'

The unemployment rate fell to its lowest level in months and the U.S. economy added record jobs in June. But there are several reasons to temper optimism about the rebound.

4 years ago

Bipartisan Senate bill would punish retailers for refusing cash payments

Retailers are promoting "contactless" digital payments to minimize germ spread during the coronavirus pandemic.

4 years ago

Bar owners reckon with costly stop and starts as states close them down again

Governors in Michigan, Florida, Texas, California, Colorado and Arizona are closing thousands of bars again ahead of the Fourth of July weekend as Covid-19 cases in those states surge.

4 years ago

Need money? Find cash in these unexpected places

With the U.S. in a recession and the coronavirus pandemic not showing signs of letting up, many Americans may be struggling to come up with much-needed cash.

4 years ago

Taxes may be the top reason why Americans want to renounce their citizenship

Wherever you live and regardless of where you work, the taxman is expecting a slice of your income. Seven out of 10 U.S. citizens abroad don't think they should have to file with the IRS, according to a survey by Greenback Expat Tax Services.

4 years ago

Tax-saving moves you can still make before the July 15 deadline

With only two weeks left until this year's tax filing deadline, there's still time to make some key moves that could translate into nice tax savings.

4 years ago

How to switch careers in a pandemic

Even without an undergraduate degree in "STEM" — science, technology, engineering and mathematics — the increasing popularity of coding programs and boot camps makes it possible to switch careers to tech.

4 years ago

Why extending the PPP application deadline might not help small businesses

The Senate passed a measure to extend the Paycheck Protection Program application deadline to Aug. 8. Accountants say small businesses will need more targeted help to stay afloat.

4 years ago

Bobby Bonilla 'took the Mets to the woodshed' with his lucrative 25-year deal

The Mets pay Bobby Bonilla nearly $1.2 million each year on July 1. The deal is among the best for a player in sports history for several reasons.

4 years ago

Stimulus checks, back-to-work bonuses, bigger jobless benefits? What the next relief bill might look like

Lawmakers on Capitol Hill are starting to discuss what they will or won't include in the next coronavirus relief package. But one political analyst says they might not have as many choices as they think when it comes to how generous they have to be to prop up the ailing U.S. economy.

4 years ago

Bank of Canada partners with the Bank for International Settlements to launch innovation centre

Bank of Canada | Release | Jun 30, 2020 The Bank for International Settlements (BIS) and the Bank of Canada announced today they will be launching a BIS Innovation Hub centre to advance fintech innovation within the central banking community. The centre will open in Toronto within two years and is one of four locations

4 years ago

Digital Financial Inclusion in the Times of COVID-19

IMF Blog | By Ulric Eriksson von Allmen, Purva Khera, Sumiko Ogawa, and Ratna Sahay | July 1, 2020 The COVID-19 pandemic could be a game changer for digital financial services. Low-income households and small firms can benefit greatly from advances in mobile money, fintech services, and online banking. Financial inclusion as a result of

4 years ago

Millennials look to boost their emergency funds even as the pandemic scrambles their plans

With plans on hold and hearing echoes of 2008, millennials are trying harder to build financial security.

4 years ago

PPP loans are ending. Here's where small businesses can turn now

The Paycheck Protection Program will stop approving new applications after June 30. Other relief options may be limited for struggling businesses.

4 years ago

Billionaire Barry Sternlicht sees a 'vicious cycle' of pain if U.S. businesses can't reopen

Billionaire global investor Barry Sternlicht told CNBC the U.S. could see "extreme distress" if the businesses cannot get back to operating due to the coronavirus.

4 years ago