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Yesterday β€” July 10th 2020Your RSS feeds
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Robinhood Has Lured Young Traders, Sometimes With Devastating Results

By Nathaniel Popper

Its users buy and sell the riskiest financial products and do so more frequently than customers at other retail brokerage firms, but their inexperience can lead to staggering losses.

Robinhood Has Lured Young Traders, Sometimes With Devastating Results

By Nathaniel Popper

Its users buy and sell the riskiest financial products and do so more frequently than customers at other retail brokerage firms, but their inexperience can lead to staggering losses.

Our Cash-Free Future Is Getting Closer

By Liz Alderman

The pandemic is propelling a shift toward a cashless society in ways that no other single event has. Experts say that’s not necessarily a good thing.

Banks Should Face History and Pay Reparations

By Angela Glover Blackwell and Michael McAfee

The financial industry can close the wealth gap and serve as a model for a nation struggling to reckon with racism.

A Beverly Hills Hotel, Bought With Looted Money, Goes on Sale

By Matthew Goldstein

The Viceroy L’Ermitage Beverly Hills was owned by a fugitive financier involved in a $2.5 billion fraud. Interested? It’ll cost north of $100 million.

Madeline McWhinney Dale, Trailblazing Banker, Is Dead at 98

By Steven Kurutz

She was the first female officer of the Federal Reserve Bank. Later, in another first, she ran a commercial bank largely owned and operated by women.

Trying to Correct Banking’s Racial Imbalance

By Ellen Rosen

Entrepreneurs are working on new business models to address income inequality and a resulting lack of access to the financial system for communities of color.

China's National Security Law Wins Business Support

By Alexandra Stevenson

A flood of investment from China has tempered worries that Beijing’s tightening grip on the Asian financial capital would end its status as a lucrative place to do business.

Banks Should Face History and Pay Reparations

By Angela Glover Blackwell and Michael McAfee

The financial industry can close the wealth gap and serve as a model for a nation struggling to reckon with racism.

A Penny for Your Thoughts Could Be a Lot Harder to Find

By Jeanna Smialek and Alan Rappeport

Coins have become scarce as virus lockdowns keep people from emptying their coin jars in exchange for paper bills.

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