Powell says Fed will keep supporting economy ‘for as long as it takes’
Outlook is brightening, but recovery ‘far from complete,’ Fed chairman says in WSJ op-ed.Federal Reserve Chairman Jerome Powell on Friday said that while the U.S. economic outlook is “brightening,” the recovery is “far from complete.”In an op-ed published in the Wall Street Journal,Powell recounted the moment last February when he realized that the coronavirus pandemic would sweep across the country.“The danger to the U.S. economy was grave. The challenge was to limit the severity and duration o
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4 of Robinhood's Top 10 Stocks Could Lose 50% (or More)
Millennial and novice investors could be in for a rude awakening.This past week was a clear reminder that volatility is always present in the stock market, and it can pop up when you least expect it. But chances are if you're a millennial or novice investor, you thrive off of volatility.Last year, online investing app Robinhood, which is best-known for its commission-free trades and gifting of free shares of stock to new members, picked up somewhere in the neighborhood of 3 million new users. Th