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Fed to extend debt purchases, US small businesses struggle, Robinhood hit with legal complaint

Fed to extend debt purchases, US small businesses struggle, Robinhood hit with legal complaint

FromFT News Briefing


Fed to extend debt purchases, US small businesses struggle, Robinhood hit with legal complaint

FromFT News Briefing

ratings:
Length:
9 minutes
Released:
Dec 17, 2020
Format:
Podcast episode

Description

The US central bank  says it will keep buying at least $120bn of debt a month until “substantial further progress has been made” in the recovery, US regulators have hit Luckin Coffee with a $180m penalty in an accounting fraud settlement, and Massachusetts launches legal action against the online trading app Robinhood. Plus, the FT’s global finance correspondent, Robin Wigglesworth, explains why there is an uneven recovery in the US corporate landscape. Fed to extend debt purchases to boost flagging US economyhttps://www.ft.com/content/74b6530e-9d69-43f0-a5d7-3cb363ed5398America’s two-track economy: the small business credit crunchhttps://www.ft.com/content/1ae439b1-75e7-4b55-876c-66533ac37db8Massachusetts takes legal action against Robinhoodhttps://www.ft.com/content/0e451231-fa4c-4686-bf2f-a5e107f337b9Luckin Coffee to pay $180m in accounting fraud settlement ft.com/content/4db3b074-829f-4f1c-a256-11c7e28a31d1 See acast.com/privacy for privacy and opt-out information.
Released:
Dec 17, 2020
Format:
Podcast episode

Titles in the series (100)

A rundown of the most important global business stories you need to know for the coming day, from the newsroom of the Financial Times. Available every weekday morning. See acast.com/privacy for privacy and opt-out information.