Robinhood puts up record revenue as volatility drives a trading bonanza
Predictionmarket revenues on the popular trading app increased tenfold during the second quarter. Source:MarketWatch
Robinhood slides 4% despite earnings beat as crypto revenue cools
The brokerage reported $100 million revenue from crypto trading, a 38% decline in a year, offset by stronger options, equities and prediction markets activity.…
Crypto entering biggest consolidation phase in history, says ARK analyst
ARK Invest’s Lorenzo Valente says revenue is becoming increasingly concentrated among a handful of crypto protocols, setting the stage for more mergers,…
Looking for a second home? Sellers in these markets could be ready to make a deal.
House hunters could find good prices in secondhome markets across the South and Midwest. Source:MarketWatch
Tennessee county passes another ban on crypto operations
A group of 12 county commissioners voted unanimously to ban mining facilities and data centers in unincorporated areas as it deals with a lawsuit by a digital…
US prosecutors propose changes to CLARITY as voting window narrows: Report
A White House crypto adviser said that the proposed changes to the CLARITY Act were “not even close” to the administration’s position, signaling another fight…
I’m managing a former colleague who just can’t keep up with her workload. How do I handle this without being a jerk?
“I wish she would just find somewhere else to work.” Source:MarketWatch
Americans are living longer than our retirement system can handle — and many of us are unprepared
Watch out for these 4 major financial pitfalls. Source:MarketWatch
The big focus now is on the potential for a September rate hike after the Fed stands pat
Markets should be ‘on alert for a hike in September, particularly with war clouds pushing up energy prices again,’ one economist says Source:MarketWatch
Ford’s big-truck bet is paying off — and Wall Street is taking notice
A turnaround story could be in the works at Ford, which gets less love than GM on Wall Street. Source:MarketWatch
Federal Reserve issues FOMC statement
Federal Reserve issues FOMC statement Source:Federal Reserve
Fed holds rates steady, extending pause as markets await Kevin Warsh's policy roadmap
For the first time in several years, markets were somewhat split on whether the U.S. central bank would hike rates. Source:CoinDesk