Fed to extend debt purchases, US small businesses struggle, Robinhood hit with legal complaint
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
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 economy
https://www-ft-com.ezp-prod1.hul.harvard.edu/content/74b6530e-9d69-43f0-a5d7-3cb363ed5398
America’s two-track economy: the small business credit crunch
https://www-ft-com.ezp-prod1.hul.harvard.edu/content/1ae439b1-75e7-4b55-876c-66533ac37db8
Massachusetts takes legal action against Robinhood
https://www-ft-com.ezp-prod1.hul.harvard.edu/content/0e451231-fa4c-4686-bf2f-a5e107f337b9
Luckin Coffee to pay $180m in accounting fraud settlement
ft.com/content/4db3b074-829f-4f1c-a256-11c7e28a31d1
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