Steven Mnuchin, U.S. Treasury secretary, speaks during a press briefing at the White House in Washington, D.C., U.S., on Monday, July 15, 2019. Al Drago | Bloomberg | Getty Images Treasury Secretary Steven Mnuchin on Thursday agreed that the World Bank should expel China from a supportive loan program that helps middle- and low-income nations
Investing
Source: Robinhood Free stock-trading start-up Robinhood just reached more than 10 million accounts, the company said Wednesday. The Silicon Valley start-up, mostly used by millennials to trade stocks and cryptocurrency, has grown rapidly from its one million subscribers in 2016 and six million accounts in October of 2018. Robinhood has attained its growth while disrupting
A trader, center, wears a Citigroup jacket while working on the floor of the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images U.S. stock markets are near record high levels and UBS strategists are predicting a continued slowdown in the economy, which the firm expects will pressure the S&P 500 until the
Billionaire businessman Ken Langone told CNBC that he used Tuesday’s stock market drop as a buying opportunity. “Where else can you go to get some kind of a decent rate of return, than equities,” Langone said. “Balance sheets are in pretty good shape. I think the economy has got 1.5% to 2% in it next
Traders work on the floor of the New York Stock Exchange on August 14, 2019 Spencer Platt | Getty Images It’s December, markets are dropping and it feels like we’ve been here before. Stocks dropped the first two trading days of December and investors are having deja vu. The Dow Jones Industrial Average tumbled nearly