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Economy

“America’s debt tops $34 trillion, but a commission to address it appears dead in Congress”

“…It’s well past time, the newly elected House speaker said in October, to establish a bipartisan commission to tackle the federal government’s growing $34.6 trillion in debt. “The consequences if we don’t act now are unbearable,” he said, echoing warnings from his predecessor and… Continue Reading…

Banking, Stocks

“Revolut, the $33 billion fintech player, is rolling out commission-free stock trading in the U.S.”

“Revolut, the global fintech player valued at $33 billion, will soon offer commission-free stock trading to U.S. customers for the first time, CNBC has learned. The start-up is set to announce Tuesday that it secured a U.S. broker-dealer license, enabling… Continue Reading…

Business, Investing, Stocks

“U.S. SEC to review stock trading rules in big potential shakeup”

“The U.S. Securities and Exchange Commission is launching a review of the main set of rules governing stock trading, opening the door to the biggest potential changes in a decade-and-a-half, the head of the agency said on Friday. The possible… Continue Reading…