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Robinhood publicly files its long-awaited IPO documents revealing staggering growth

Silicon Valley online broker Robinhood unveiled paperwork on Thursday for its flotation on the Nasdaq stock market under the ticker symbol HOOD. The controversial investing...

Office-leasing company WeWork announces $2 billion loss ahead of stock market...

Office-sharing startup WeWork said it lost over $2 billion in the first quarter of 2021. The announcement comes as the company prepares for its...

Investors lose nearly $1 billion in Game Stop and AMC Entertainment

Investors are estimated to have lost $930 million on their short positions in meme stocks GameStop and AMC Entertainment over the last five trading days, new...

Berkshire sells nearly all of its wells Fargo holding as Warren...

Legendary billionaire investor, Warren Buffet has got rid of a more than 31-year-old investment in Wells Fargo after selling nearly all of his company’s...

“We don’t want to make our money selling things that are...

Billionaire investor Charlie Munger is clearly not a fan of Robinhood. Munger, Warren Buffett’s long-time business partner and the vice chairman of Berkshire Hathaway...

Microsoft co-founder Bill Gates and his wife Melinda announce they are...

After 27 years of marriage, one of the world’s most well-known couples Bill and Melinda Gates are calling it quits In a joint statement on...

Visa to allow payment settlements using cryptocurrency

Due to what it describes as increasing demand, Visa has announced it will now allow the use of the cryptocurrency USD Coin to settle...

Citibank accidentally wired $500 million, but court has ruled it can’t...

Citibank has committed the "biggest blunders in banking history" after it wired half a billion dollars by mistake to Revlon's lenders. US District Court...

Japan’s stocks have outperformed European stocks for years but investors are...

Japanese stocks have outperformed European stocks for many years, but foreign investors have remained skeptical, leading to questions about what the problem is. Since January...

Man has two guesses left for his password to unlock bitcoin...

A German-born computer programmer who lives in California has only two guesses left to figure out his password to access $240 million in bitcoin. Stefan...

Stimulus payments sent to over 13 million wrong bank accounts, new...

The Internal Revenue Service inadvertently sent payments to over 13 million bank accounts that are no longer open or valid, and the agency is...

50 economists urge New York to raise taxes on billionaires to...

A group of economists have written New York State governor to raise taxes on its billionaires to address a looming budget crisis. In the letter obtained by Politico, fifty economists...

Silicon Valley start-up, Robinhood fined $65M for misleading customers about how...

The U.S Securities and Exchange Commission on Thursday charged Robinhood Financial with deceiving its stock market customers about how it makes money. The charge came...

6-year-old boy racks up $16,000 bill on mom’s credit card playing...

A 6-year-old Connecticut boy secretly racked up more than $16,000 on his mom's credit card playing his favorite video games Sonic Forces and buying...

Louisiana residents have the highest burden of credit card debt in...

Southern U.S states are facing increasing credit card debts as coronavirus cases continue to surge across the United States with concomitant business restrictions and loss...

Baby boomers (People born 1946 – 1964) have an average of...

It is easy to think that baby boomers - people born from 1946 to1964 during the post–World War II baby boom already have good investments and...

Hundreds of American businesses that received PPP loans have filed for...

Nearly 300 American businesses that got as much as half a billion dollars in Covid-19 relief funds have filed for bankruptcy, according to a...

Wells Fargo lays off 700 employees in first slew of layoffs...

Wells Fargo, America’s largest bank employer, has laid off more than 700 commercial-banking employees as part of workforce reductions that could ultimately impact “tens...

Checkered tenure of the outgoing AT&T CEO Randall Stephenson

AT&T CEO Randall Stephenson announced his retirement on Friday April 24, effective July 1, 2020. “After serving 13 years as AT&T’s Chairman and CEO, Randall...

Harvard turns down $8.6 million coronavirus stimulus allocation

Harvard University said on Wednesday it will not take the $8.6 million stimulus allocation offered to them as part of the massive $2.2 trillion...
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