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There were four important macro developments to note in recent days. First, the recent string of US economic data was firmer than expected and GDP looks to have expanded close to 3% in Q4. With the help of guidance by Federal Reserve Waller, who is thought to be a possible successor to Chair Powell, played up the possibility of a cut in H1, and the market ...
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Robinhood, an online brokerage firm, has agreed to pay $45 million in penalties to settle a range of charges brought by the US Securities and Exchange Commission (SEC), including alleged violations of recordkeeping, among other issues. The penalty has been imposed on two Robinhood entities: Robinhood Securities will pay $33.5 million, while Robinhood ...