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Robinhood, Under the Gun, Raises $2.4 Billion

By limiting trading, it was able to bring down the cushion of cash, or margin, it was required to keep by its clearinghouse. The company eased some of those curbs […]




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The Silicon Valley Start-Up That Caused Wall Street Chaos

The online trading app Robinhood became a cultural phenomenon and a Silicon Valley darling with a promise to wrest the stock market away from Wall Street’s traditional gatekeepers and “let […]




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Workers Tap Retirement Savings as a Last Resort

About a month into the pandemic, Tyler Mathiesen lost his position at a tech company, his first full-time job out of college. For several months, everything was fine: Payments on […]