What fintech can learn from Robinhood’s ‘epic fail’
Robinhood said it’s investing customer deposits in government-grade securities like U.S. treasuries, which yield 2.8 percent. That model is strikingly similar to what’s known as a [...]
Russia ‘meddled in all big social media’ around US election
Image copyright Getty Images Image caption The report suggests YouTube, Tumblr, Pinterest, Instagram and Google+ were affected by Russian interference, as well as Facebook and Twitter Russia used [...]
US shutdown: Empowered Democrats refuse funds for Trump wall
Image copyright Getty Images Image caption A US Border Patrol vehicle is seen near prototypes for Mr Trump’s proposed wall US President Donald Trump’s signature campaign pledge to [...]
Russia trolled people worried about Russian trolls on social media: Report
Russian intelligence officials waged a campaign to spread disinformation and exploit social fractures during the 2016 U.S. presidential election, two new reports prepared for the Senate [...]
Student loan ruling adds £12bn to government borrowing
Image copyright Getty Images A change in how student loans are recorded in the public finances will add £12bn to the deficit, following an Office for National Statistics ruling. The amount [...]
Insurer, hospital stocks plunge after Obamacare ruled unconstitutional
Hospital and health insurer stocks plunged Monday after a federal judge in Texas ruled former President Barack Obama’s signature health law, the Affordable Care Act, unconstitutional.
Hedge fund moves at short end of U.S. curve show Fed cuts not too far away: McGeever
LONDON (Reuters) – The Federal Reserve will raise interest rates later this week and probably again early next year, but that will be the end of tightening cycle and it won’t be long before [...]
Foxconn not in settlement talks with Qualcomm in Apple battle: attorney
SAN FRANCISCO (Reuters) – The lead attorney for the group of Apple Inc device assemblers seeking at least $9 billion in damages from Qualcomm Inc said on Sunday the contract manufacturers [...]
Afghan Taliban to meet U.S. officials, militants say, as peace efforts intensify
KABUL (Reuters) – Afghan Taliban representatives and U.S. officials were due to meet in the United Arab Emirates on Monday, the militants’ main spokesman said, amid diplomatic moves toward [...]
Small assault-style rifle firms thriving under activists’ radar
BOSTON (Reuters) – A decade ago, Kentucky’s Anderson Manufacturing was a small machine shop that didn’t make firearms. By 2016, it was making more rifles than Smith & Wesson, according [...]