The Archegos Meltdown Could Cause $10 Billion in Losses to Banks All Over the World
Money

The Archegos Meltdown Could Cause $10 Billion in Losses to Banks All Over the World

With an extended level of leverage to Archegos compared to other banks, it is expected that Credit Suisse and Nomura Holdings will be the hardest hit companies.

Top 3 Crypto Market Trends in 2021
Money

Top 3 Crypto Market Trends in 2021

The crypto market is fast-growing yet volatile, being both extremely promising but hard to predict. For 2021, these are the crypto market trends you should watch out for.

Stripe is Now the Most Valuable Tech Startup of All Time with a $95 Billion Valuation
Money

Stripe is Now the Most Valuable Tech Startup of All Time with a $95 Billion Valuation

The fintech Stripe is now the most valuable tech startup of all time after its latest round of funding. The company currently operates in America and Europe with plans to expand further.

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.

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