Latest News on private equities market

About $1.4 billion in stimulus checks sent to deceased Americans

About 1.1 million stimulus payments were sent in error to dead people, as the U.S. government rushed to get financial help to Americans amid the coronavirus pandemic. A new report highlights methods the government can use to get that money back and avoid future errors.

4 years ago

The rapid rollout of the Paycheck Protection Program raises fraud risk, government watchdog finds

As of June 12, the Small Business Administration processed some $512 million in PPP loans for business owners in need. The speedy implementation of the program and limited underwriting could lead to potential fraud, the Government Accountability Office found.

4 years ago

Uncle Sam is paying 5% interest on your late tax refund. And yes, it's taxable

Overpaid on your 2019 taxes and still waiting for that refund? The IRS is going to pay you interest of up to 5%. Here's what you should know.

4 years ago

Opening up finance: Q&A with Eric Sager, chief operating officer at Plaid

Sifted | Chris Sisserian | Jun 24, 2020 Q&A with Eric Sager, chief operating officer at Plaid, on how fintech innovation is democratising finance. California-based Plaid is one of the fintech infrastructure innovators enabling the open banking revolution. Its platform connects over 2,600 apps to 11,600 financial institutions, across the domains of personal finance, payments,

4 years ago

Virgin Galactic completes second New Mexico glide test, with rocket-powered flights expected next

Virgin Galactic successfully completed its second glide flight test in New Mexico on Thursday.

4 years ago

Marco Rubio bill would give stimulus checks to American families with non-citizens

The coronavirus stimulus checks were intended to provide financial relief to American families. But some individuals were shut out of payments because they are married to non-citizens. A bill introduced by Sens. Marco Rubio, R-Fla., and Thom Tillis, R-N.C., aims to change that.

4 years ago

'Shark Tank' investor Kevin O'Leary: Many businesses using the 'pandemic as a cloak' to cut jobs

"This is great for earnings in the S&P. It's not great for employment," Kevin O'Leary told CNBC.

4 years ago

Op-Ed: The CARES Act makes it easier to tap your 401(k). Here's exactly what you need to know before you do

The CARES Act has made it easier for workers suffering due to the Covid-19 pandemic to tap their 401(k) plans and IRAs. Here's what to know before making a withdrawal from your retirement savings account.

4 years ago

In your 20s? Master the basics of personal finance today to get yourself on the right track

The adult world has many confusing concepts, but remember: Most people are not geniuses. Yet they manage to navigate, and so can you.

4 years ago

Small businesses expect to fail. Here's what will happen to their PPP loans.

Many businesses are at risk of closing, despite federal loan relief they may have received. This debt would generally be forgiven if a business closes. But there are caveats.

4 years ago

Cramer sees troubling signs for the market, says it's OK to sell some winners and make money

"I think that sometimes we forget why we own stocks. We own stocks to create wealth," CNBC's Jim Cramer said on Wednesday.

4 years ago

Next coronavirus legislation could usher in a second set of stimulus checks. What to know before you count on the money

As Congress gets ready to consider another stimulus package, President Donald Trump said this week that stimulus checks could be a part of the mix. But Americans would first have to wait for political negotiations and another deployment of payments.

4 years ago

More employees want to combine some work and retirement. Four ways to get started

If you want to shore up your retirement savings, working longer might make sense for you. But there's more to it than just punching the clock into your 60s. Here's how to plan for that transition.

4 years ago

Accurate economic research group using math derived from skull measurements sees slower recovery

The recovery is most likely to be "U-shaped" where the economy gradually climbs out of a recession, a study at MIT and State Street said.

4 years ago

Maxar's $140 million buyout of 3D analytics firm will 'supercharge' satellite imagery, CEO says

Space company Maxar Technologies is taking full ownership of 3D analytics firm Vricon from Swedish aerospace firm Saab.

4 years ago