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Robinhood raked in $331 million from clients’ trading activity during the first quarter

Pavlo Gonchar | LightRocket | Getty ImagesRobinhood raked in a record amount of revenue from customer trades in the first quarter of 2021, as the retail trading juggernaut nears its public debut.The millennial-favored stock-trading app collected $331 million in payment for order flow – the money brokerage firms receive

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Tax refunds on $10,200 of unemployment benefits start in May. Here’s who’ll get them first

Tetra Images | Getty ImagesTax refunds on 2020 unemployment benefits are slated to start this month.But some taxpayers — namely, single filers — will get the money sooner than others.It may be summer before other groups, such as married couples and those with complex tax returns, get their refunds,

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Stocks making the biggest moves midday: Verizon, DraftKings, Gap & more

A general view of the Draft Kings sign on the right field wall during the Major League Baseball game between the Philadelphia Phillies and the Toronto Blue Jays on September 20, 2020 at Citizens Bank Park in Philadelphia, PA.Rich Graessle | Icon Sportswire | Getty ImagesCheck out the companies

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RBI Governor meets MDs, CEOs of NBFC-Micro Finance institutions

The Reserve bank of India Governor, Shaktikanta Das on Monday met managing directors (MD) and Chief Executive officers (CEOs) of Non-Banking Financial Company-Micro Finance Institutions (NBFC-MFIs) via video conferencing. The meeting was attended by Deputy Governors MK Jain and Dr MD Patra and a few other senior officials of RBI. In

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Warren Buffett says Berkshire Hathaway is seeing ‘very substantial inflation’ and raising prices

Warren Buffett at Berkshire Hathaway's annual meeting in Los Angeles, California. May 1, 2021.Gerard Miller | CNBCWarren Buffett is seeing inflation among Berkshire Hathaway's collection of businesses as the economic recovery from the Covid pandemic kicks into high gear."We are seeing very substantial inflation," the Berkshire chairman and CEO

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Stocks making the biggest moves in the premarket: Estee Lauder, Meredith Corp., DraftKings & more

Take a look at some of the biggest movers in the premarket:Estee Lauder (EL) – The cosmetics maker reported quarterly earnings of $1.62 per share, 30 cents a share above estimates. Revenue came in slightly below forecasts, however, as sales of Estee Lauder's higher-end products were impacted by people

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