Latest News on private equities market

Hidden wine cave, $110 million parking bill: Energy collapse wasn't only thing that sank Chesapeake

The fracking giant's bankruptcy filing followed an accounting mess at the company that included no budgets, a massive wine collection and a nine-figure bill for parking garages.

4 years ago

Got an inherited retirement account and took a mandatory withdrawal? You can put it back

When the IRS rolled out relief on required minimum distributions from individual retirement accounts and 401(k) plans, it gave a bonus to beneficiaries of inherited IRAs. They, too, can undo their distributions for 2020.

4 years ago

Bill would give low-income college students access to $1,200 stimulus checks

The federal CARES Act put stimulus checks into the hands of millions of Americans yet many college students did not qualify for the money. Now, a bill introduced in the House of Representatives seeks to make low-income college students eligible for the money.

4 years ago

Bank of America, Citi and Goldman keep dividends the same post-stress tests, Wells Fargo to cut

Goldman, Bank of America, Morgan Stanley, and Citigroup all said they will maintain their dividend. Wells Fargo, however, said it will cut.

4 years ago

Wells Fargo says it expects to cut dividend in the third quarter to comply with Fed stress test

The bank said it will likely announce a lower dividend on July 14 when it releases quarterly earnings.

4 years ago

JPMorgan, Bank of America, Citi and Goldman maintain dividends post-stress tests, Wells Fargo to cut

Goldman, Bank of America, Morgan Stanley, and Citigroup all said they will maintain their dividend. Wells Fargo, however, said it will cut.

4 years ago

'It was a scary, unnerving time' — Coronavirus prompts Arizona spa owners to close back down

"I still think it's a scary, nerve-wracking time for our therapists and for clients, so what that looks like going forward, it's tough to say," Citrus Massage co-owner Seth Boyack told CNBC.

4 years ago

Top analysts are betting on stocks like Mastercard and Nvidia right now into the second half

We used TipRanks analyst ranking service to pinpoint Wall Street's best-performing analysts.

4 years ago

Here's what checking into a hotel is like in the age of Covid-19

As with many facets of life nowadays, checking into a hotel has changed in light of the coronavirus pandemic. Here's a look at what one stay at a Hudson Valley hotel in upstate New York was like in late June.

4 years ago

5 Trends to Watch in Fintech Regulation

Finance Magnates | Matthew Unger | Jun 20, 2020 What will have the biggest impact? During the last decade, financial technology has improved dramatically, moving from mainframe trading computers and COBOL to mobile banking and blockchains. Never before have we been at such a critical inflection point as money, contracts, and regulations are combined into

4 years ago

What you need to know if you're planning to claim Social Security retirement benefits during Covid-19

With economic uncertainty, you may want to start receiving Social Security retirement benefits if you're eligible. But there are things to consider before this retirement decision.

4 years ago

Chesapeake Energy, a pioneer in the U.S. shale revolution, files for bankruptcy protection

Chesapeake Energy, the poster child of the U.S. shale revolution, filed for bankruptcy protection on Sunday.

4 years ago

FundThrough Commits $10 Million to Help SMBs Overcome Shutdown

FundThrough Blog | Jun 26, 2020 TORONTO – FundThrough, North America’s leading invoice funding solution for small businesses, has announced it will provide $10 million in free funding for clients as the economy reopens from COVID-19. The company announced it as part of a broader initiative to help small businesses, who invoice their customers and

4 years ago

Nikola is a social investing home run for Jeff Ubben as he launches new fund

Ubben through this trade has turned $154 million of investors' money into $1.46 billion

4 years ago

They were struggling to repay their student loans before the pandemic. Now it'll get worse

Before the coronavirus pandemic paralyzed the economy and left millions of Americans unemployed, there was a student loan crisis. Now, things are expected to get much worse.

4 years ago