Biden Says US Citizens Will Receive the $1,400 Stimulus Checks This Month
Money

Biden Says US Citizens Will Receive the $1,400 Stimulus Checks This Month

The announcement comes after Democrats in the Senate passed a huge $1.9 trillion COVID relief package despite objections from the GOP.

How Millennials Contributed to the 2020 Housing Boom
Money

How Millennials Contributed to the 2020 Housing Boom

This trend reflects what we have seen in the last five years where millennials have largely out-bought every other generation in the home market.

Robinhood Was Asked for $3 Billion to Cover Volatility Risk in GameStop Stock
Money

Robinhood Was Asked for $3 Billion to Cover Volatility Risk in GameStop Stock

After the company caved into the demands of the NSCC and restricted trading on so-called “volatile shares”, the amount was reduced from the initial $3 billion to $700 million.

The Pandemic is Affecting Global Supply Lines and the Costs of Shipping
Money

The Pandemic is Affecting Global Supply Lines and the Costs of Shipping

Since last year, the cost of shipping from China has increased by 80% due to pandemic-related lockdowns. At a time when consumers are much more likely to spend, supplies are not meeting demands.

$3.7 Billion Worth of Bitcoin Options Will Expire Today
Money

$3.7 Billion Worth of Bitcoin Options Will Expire Today

Even among highs and lows, the demand for Bitcoin has been getting more attention. $3.7 billion worth of Bitcoin options will expire today, an all time record for the cryptocurrency. Here's what that means for the market.

DoorDash Wants to Get a $27 Billion IPO Valuation
Money

DoorDash Wants to Get a $27 Billion IPO Valuation

With a sharp increase in valuations and profits due to the pandemic, the food delivery startup will debut as of one of the highest profile IPOs this year, expecting to sell 33 million shares.

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