RobinhoodHOOD reported a 95% month-on-month increase in cryptocurrency trading volumes in January, with total volumes amounting to a whopping $3.7 billion. What Happened:Notional Trading Volumes were the primary driver of transaction revenues in January and were significantly higher than in December. Equities reached $46 billion, an increase of 19%, while option contracts climbed 10%, reaching
News
In a carefully choreographed press moment that required extensive security and secrecy, President Joe Biden made an unannounced visit to Kyiv on Monday to promise “unwavering and unflagging commitment” to Ukraine. The one day trip, which involved Biden taking a 10-hour train ride through Ukraine and then touring the capital’s sights with President Volodymyr Zelensky,
One of Credit Suisse’s longest-standing shareholders has sold its entire stake in the scandal-hit Swiss bank after losing patience with its strategy amid persistent losses and a client exodus. US investment manager Harris Associates, whose deputy chair and chief investment officer David Herro was for years among the Swiss bank’s most prominent supporters, owned as
Finesse your fitness — The 8 best fitness trackers for each type of user We tested trackers of all types and prices to deliver the top picks. Corey Gaskin – Mar 3, 2023 12:05 pm UTC EnlargeCorey Gaskin reader comments 135 with Share this story Share on Facebook Share on Twitter Share on Reddit It
In the late 1990s, direct electronic deposit was introduced to employees, and since then it has become the primary method of payment when it comes to employment. Today, more than 93% of U.S. workers receive their pay by direct deposit 99% of social security payments and the majority of Veteran Affairs payments, whether that be
Major backlash — As Kenyas crops fail, a fight over GMO rages Faced with extreme drought, Kenyas president okayed a controversial new crop. Matt Reynolds, wired.com – Mar 5, 2023 12:39 pm UTC EnlargeJames Wakibia/Getty Images reader comments 11 with Share this story Share on Facebook Share on Twitter Share on Reddit the middle of
Tastyworksannounced it would assume the name of its IG Group Holdings Inc.-owned parent and financial media company,tastytrade. Context: Since 2011, tastytrade advocatedfor and empoweredindividual retail investors. The firms founders, who previously created the thinkorswim platform acquired by Charles Schwab Corporation-owned SCHW TD Ameritrade in 2009, are market veterans whomaintained research-based content that better informedtraders activitiesin
close video NFL ownership is about to radically change: Mark Patricof FOX Business Connell McShane reports on one firm aiming to change the way professional athletes invest and how it could alter the NFL ownership landscape. Professional athletes have made more money than the average American for a long time, but their salaries have shot
The faith-based film Jesus Revolution surprised Hollywood observers by packing theaters and crushing its projection over the weekend, soaring to No. 3 at the box office. The movie, which tells the true story of a hippie-led revival in the 1960s/70s, grossed an estimated $15.5 million more than double what Box Office Pro said last week was at
Federal Reserve officials are converging around the need to keep US interest rates high for longer, reflecting concern about recent hotter-than-expected inflation data and worries about global economic trends that could fuel price pressures. “In order to put this episode of high inflation behind us, further policy tightening, maintained for a longer time, will probably
When Chicago-based investment-education program provider Rapunzl won the STOP Award atthe annual Yass Prize competition, the company was acknowledgedas one of the nations leading producers of education programs and givenfunds, $500,000,to continue it. So many people view the world of investing and the returns of Wall Street as something thats perched in an ivory tower,
For the first time since the beginning of 2021, Fintech is no longer the leading industry by investment as it has been surpassed by Healthcare ($16.7B). Despite a 64% downturn in global investments since Q4 2021, $13.3B has still found its way to Fintech startups in Q3 2022. Fintech investors are becoming more discerning as
Jack Dorsey-led BlockInc. SQ is scheduled to release its fourth-quarter results on Thursday after the market close. The Block Analyst: KeyBanc Capital Markets analyst Josh Beck maintained an Overweight rating and raised the price target from $90 to $100, suggesting roughly 39% upside from current levels. See Also: Best Fintech Stocks The Block Thesis: We
While analysts predict we may be past the inflation peak, Americans struggle to make ends meet and are relying more and more on credit. A recent survey showed that less than 50% of Americans could afford to pay for a last-minute $1000 emergency. Inflation is hitting Americans hard, and many dont have the financial stability
Tax season is quickly approaching, and people are especially eager to get their refunds. Between a down market and rising prices, making sure to minimize tax refund stress and optimize returns is more important than ever. Tax season can be looked at as both an opportunity and a cause for stress. Approximately ? of Americans
Call me skeptical — The sketchy plan to build a Russian Android phone A Russian tech giant plans to launch new Android phones and tablets. Masha Borak, wired.com – Mar 4, 2023 12:50 pm UTC EnlargeJeffrey Coolidge/Getty Images reader comments 1 with Share this story Share on Facebook Share on Twitter Share on Reddit Since
The Financial Conduct Authority has been blamed by some UK officials and SoftBank staff for London losing out to New York on the blockbuster stock market listing of chip designer Arm. SoftBank, the Japanese owner of the Cambridge-based semiconductor company, this week dashed Rishi Sunak’s hopes of retaining the homegrown tech giant, rejecting entreaties from
All the news that’s fit to lift — Rocket Report: Rocket Lab may drop helicopter recovery; ULA up for sale? “This turned out to be quite a happy turn of events.” Eric Berger – Mar 3, 2023 12:00 pm UTC Enlarge / A Falcon 9 rocket launched a Starlink mission near sunset on Tuesday, and
SHORING UP CYBERSECURITY — Biden administration wants to hold companies liable for bad cybersecurity Amid an onslaught of cyberespionage and ransomware, Biden calls on tech to step up. Dan Goodin – Mar 3, 2023 12:12 am UTC EnlargeGetty Images reader comments 84 with Share this story Share on Facebook Share on Twitter Share on Reddit
eToro announced it secured a virtual currency and money transmitter license from the New York State Department of Financial Services (NYDFS). Now, the social investing and trading platform will be able to offer crypto services in the state through its eToro NY subsidiary. Securing our BitLicense and Money Transmitter License in New York is a