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Holiday retail sales rose 3%, driven by online shoppers
U.S. holiday season sales beat low expectations for the pandemic year as online shopping surged. Total retail sales grew 3% over the extended 75-day holiday period, versus a forecast of 2.4%, according to Mastercard SpendingPulse, which tracks online and in-store retail sales across all payment methods. The number is far better than the 3.5% drop […]
Robinhood agrees to pay $65 million Payoff after SEC Asserts about trading
Robinhood Markets has consented to pay $65 million to settle Securities and Exchange Commission allegations that the agent didn’t correctly notify clients that it offered their inventory orders to midsize dealers and other financial companies. Robinhood, famous for its favorite smart-phone program that provides commission-free trading, also consented to get an external advisor monitor its […]