Robinhood scraps launch of its investing app in the UK
Robinhood has told U.K. customers that it will refocus its efforts on strengthening core business in the U.S.
Robinhood has told U.K. customers that it will refocus its efforts on strengthening core business in the U.S.
New York, Los Angeles and other major U.S. cities have seen the unemployment rate soar to 20%, a level some economists believe meets the definition of an economic depression.
Guided vacation company Trafalgar is pivoting to meet consumer concerns in an effort to ensure travel takes off again in early 2021. CNBC spoke with Trafalgar President Melissa da Silva about when she sees tourism rebounding, and what her company is doing to help that happen.
"Why do I want to pour government money, my money as a taxpayer, into businesses that are not going to survive?" said "Shark Tank" investor Kevin O'Leary.
More people are back at work, but they're still working fewer hours and for less money than they did pre-pandemic, according to a report.
The "Mad Money" host said that wider mask adoption could push stocks tied to state economic reopening plans higher in addition to tech stocks.
The CARES Act set July 31 as the end date for a $600 weekly unemployment enhancement, absent a congressional extension. But most states will stop paying after this weekend due to administrative rules.
Congress is poised to consider another round of direct payments to Americans with new stimulus legislation. But many people are still waiting on their first $1,200 check. Meanwhile, others were not eligible for that money. Here's how that may change in the next bill.
Higher-income households could face a raft of taxes under a Joe Biden presidency, including steeper levies on income and capital gains. Democrats will need to win the White House and sweep Congress to see these plans through.
After the coronavirus created a tidal wave of business interruption lawsuits, the insurance industry is pushing for a partly government-backed fund to cover future pandemics.
Fintech Talents | Lisa Moyle | Jul 14, 2020 Open Banking is taking shape in different ways across North America. From driving the development of new providers to enabling existing institutions to keep pace with a fast changing industry, the impact on financial services is significant. As the current crisis demonstrates, the swift change in
Financial Consumer Agency of Canada | Release | July 15, 2020 OTTAWA, ON, July 15, 2020 /CNW/ - The Financial Consumer Agency of Canada (FCAC) protects financial consumers by strengthening the financial literacy of Canadians and ensuring that banks and other federally regulated entities comply with their legislative obligations, codes of conduct and public commitments. As
Guest Post | July 21, 2020 Fintech companies have dramatically improved financial services worldwide. The sum of innovative technologies is offering groundbreaking banking and financial services to both consumers and B2B clients. In terms of funding, payments, investments, and other processes, the financial sector has never been more streamlined. But in line with increased performance,
Your retirement account may seem like a piggy bank waiting to be cracked open but consider this before you break in.
The billionaire businessman on CNBC on Monday compared the stock market's big run-up from its late March coronavirus low to the 1990s tech frenzy.