[MarketWatch, Getty Images] Payment for order flow could reemerge as a focus for federal regulators Online brokerage Robinhood has drawn bipartisan ire in Washington after it unexpectedly restricted purchases of share GameStop, Inc. and other hot stocks, and this attention could motivate regulators to curtail its most profitable line of […]
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[CNBC, Getty Images] Net worth (your assets minus debts) tends to increase with age. CNBC Select breaks down the average net worth of people in their 30s and 40s. The average American has $90,460 of debt, but the average net worth is $748,800. Of course, averages can be skewed by extremes […]
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[TMZ] Floyd Mayweather says he’s ALL THE WAY DOWN to scrap with 50 Cent— telling the rapper to get in line and he’ll beat his ass at the end of 2021. The 43-year-old boxing legend just laid out his schedule for the year … assuring his fans the postponed exhibition bout with Logan Paul will […]
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[NBC NEWS, Getty Images] Andy Jassy, the chief executive of Amazon Web Services, will take over as CEO of Amazon. Jeff Bezos said Tuesday that he will step down as chief executive of Amazon, leaving the helm of the company he founded 27 years ago. Bezos will transition to the […]
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CNBC’s Jim Cramer recommended dozens of stocks worth buying on the next market pullback. “I want theme stocks that we can buy into weakness, because if the market sells off again because of regulatory risk, I need you to be ready,” the “Mad Money” host said. “With these 15 themes […]
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New York (CNN Business) Robinhood received a startling 3:30 am call from its clearinghouse during last week’s Reddit-inspired market chaos asking for the free-trading app to put up a staggering $3 billion, co-CEO Vlad Tenev said Monday. “This was obviously nerve-wracking,” Tenev told Tesla (TSLA) boss Elon Musk during an interview on the platform Clubhouse. […]
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