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Robinhood raises $2.4bn in second money injection in 4 days

Robinhood raises $2.4bn in second cash injection in four days

Robinhood, the web dealer on the centre of the increase in day buying and selling, has raised $2.4bn in its second capital infusion in per week to shore up funds strained by turbulent buying and selling.The brokerage was hit by a surge in buying and selling final week as retail traders guess in opposition to quick sellers, driving up the worth of beforehand little liked corporations comparable to Gamestop and AMC, the struggling cinema chain.The corporate’s newest spherical of convertible debt financing — which permits traders to swap their debt for fairness — comes as Robinhood confronted sharp will increase…

Coronavirus latest: New weekly infections in US fall below 1m for a 3-month low

Coronavirus latest: New weekly infections in US fall below 1m for a 3-month low

Peter Wells in New York California's coronavirus hospitalisations fell below 15,000 for the first time since mid-December and are projected to drop by more than half over the next month. The number of people currently in California hospitals dropped to 14,999, according to data reported by the state health department on Tuesday. It was the first time below the 15,000 level since numbers reported on December 14. Mark Ghaly, California's health and human services secretary, at his regular press conference on Tuesday said hospitalisations were currently at 14,221, probably reflecting more up-to-date data. Dr Ghaly said that based on current…

Kylie Jenner & Stormi board her private flight to Palm Springs – Hollywood Life

Kylie Jenner was spotted aboard her private jet with her adorable three-year-old daughter Stormi as they headed to Palm Springs for an exciting weekend getaway with friends. Kylie Jenner, 23, and her daughter Stormi, 3, showed their loving bond on February 5, when they were photographed by hand while boarding the former private jet. The doting mother helped tot up the stairs when she got on the impressive plane that has pink interiors as they got ready to arrive in Palm Springs, California for a fun weekend getaway. Little Stormi wore a light purple sweatshirt and matching shorts during the…

4 reasons why retirees need to refinance their mortgage right now

Before you refinance your home as a retiree, be sure to run the numbers. (iStock)As mortgage rates remain sitting record low, more choosing to refinance their current home loan to save money. These record lows, thanks to measures taken by the Federal Reserve as a precaution against the effects of the coronavirus pandemic, could potentially help homeowners save thousands of dollars. If you are retired and still owe money in your home, you may be wondering if refinancing is a smart financial move.Before you make any decisions, we have put together a list of four things you need to think…

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