Online brokerage Robinhood (HOOD) is rolling out retirement accounts for users of its mobile app, a move that comes as the retail trading frenzy that lifted the company’s fortunes last year fades. Robinhood will offer customers a 1% match on its traditional or Roth IRAs, the company said Tuesday. Users can start investing on deposits of up to $1,000 before contributions settle into their accounts. The launch brings Robinhood closer to competing more directly with established brokerages like… Source link
Read More »Stock sell-off intensifies after relief rally fades; Dow sheds 500 points, Nasdaq falls 3%
U.S. stocks cascaded Thursday as recession jitters returned to Wall Street, paring gains from a fleeting relief bounce spurred by the Bank of England’s bond-buying move. The S&P 500 plummeted 2.3%, while the Dow Jones Industrial Average erased more than 500 points, or around 1.7%. The Nasdaq Composite sank over 3%. Technology stocks led the slide lower as heavily-weighted Apple (AAPL) shares erased roughly 4.8% on concerns around waning demand that prompted a downgrade from Bank of America…. Source link
Read More »Yankees' DJ LeMahieu leads 2021 Fantasy Baseball fades – Yahoo Sports
MMA Weekly UFC 259 bonuses all go to preliminary fighters Though UFC 259 features three championship fights, none of the athletes in any of those title fights earned UFC 259 bonuses. All of the UFC 259 official performance bonuses went to preliminary card fighters. UFC 259 Fight of the Night: Kennedy Nzechukwu vs. Carlos Ulberg Kennedy Nzechukwu and Carlos Ulberg each earned an additional $50,000 for their efforts in the UFC 259 Fight of the Night. Ulberg started things off with a brutal head… Source link
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