The president of the crypto exchange, Sam Bankman-Fried, says that he's 'excited’ about Robinhood’s prospects.
Benefit will go into effect July 1 at JPMorgan, Goldman Sachs and Bank of America.
Some investors worry that higher living costs, rising bond yields and weak trailing equity returns may lead to household capitulation in the equity market.
Equity funds see $16.8 billion outflows while bonds saw redemptions of $23.5 billion.
SEC Chair Gary Gensler has raised concerns with how features closely associated with the mobile phone apps offered by brokers can impact trading.
The case stems from a challenge by a former Xerox CFO, Barry Romeril, who sued for the ability to deny SEC fraud allegations after he signed a settlement with the agency in 2003.
Societe Generale's Manish Kabra sees S&P 500 sinking 30% in 1970s style stagflation.
Fewer Bitcoins are being moved to exchanges from so-called cold wallets — offline stores of the digital asset — for potential sale.
With stocks and Treasuries tumbling anew amid the Fed's hawkish moves, the time-honored allocation has plunged about 14% so far this quarter.
Investors also dumped European bonds after a surprise Swiss rate hike, putting Germany’s five-year yield on track for its biggest jump since 2011.
