AOC wants Robinhood to give customers the profits from payment for order flow. Here's what she's talking about

If Rep. Alexandria Ocasio-Cortez, D-N.Y., had her way, Robinhood customers would be getting more than just an apology from the trading app during Thursday's congressional hearing on the recent GameStop trading restrictions.  During a hearing called by the House Financial Services Committee, Ocasio-Cortez pressed Robinhood CEO Vlad Tenev to return revenue that the company generates from a system called payment for order flow.  […]

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ERCOT CEO explains how Texas power failure happened

New York (CNN Business)The blackouts that shut down most of Texas for much of this week could be coming to other parts of the country in the future. The power outages lasted for days, caused widespread misery and dozens of deaths in a state where many customers depend on electric heat. But experts in the field, regulators in other states […]

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Bethenny Frankel brings emergency aid to Texas amid deadly winter storm

Bethenny Frankel: We’ve sent coronavirus protective gear to 50 states, Puerto Rico BStrong founder, former ‘Real Housewives of New York’ star and Skinnygirl Cocktails founder Bethenny Frankel on efforts to help distribute personal protective gear in the U.S. and how her businesses are faring during the coronavirus outbreak. Bethenny Frankel and an "army of volunteers" are bringing aid to Texas in […]

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Nick Mowbray: Let’s ease up on the easing before pain exceeds gain

OPINION: I could not be prouder of the way New Zealand responded to Covid-19. Our Government’s difficult decisions have been vindicated; our elimination policy has been a success. Of course every death is devastating and to lose 25 people is a tragedy. But as citizens, the positive disposition for which we’re world famous has manifested itself in strength and resilience […]

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Rush Limbaugh dead at 70 after battle with cancer

Bill Carter, a media analyst for CNN, covered the television industry for The New York Times for 25 years, and has written four books on TV, including The Late Shift and The War for Late Night. The opinions expressed in this commentary are his own. Rush Limbaugh was, without question, the most important figure on American talk radio, probably since […]

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Financial expert: 4 time-tested tips for explaining money to children

Financial literacy might seem like a daunting topic, but it's important for adults and kids alike to be able to manage their money, understand their financial status and plan for the future. What is financial literacy? Diane Morais, president of consumer and commercial banking products at Ally Bank, described financial literacy as the ability to understand and effectively use financial skills such as personal […]

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