Thursday, November 3, 2022

Robinhood posts smaller loss as higher rates boost margin trading business

Robinhood Inc posted a smaller-than-expected quarterly loss on Wednesday as the brokerage's margin trading business benefited from rising interest rates, while increased volatility in the markets helped its equity and options segments.

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Proposed GST hike may not shake up used car market much

The proposed GST increase on used small cars will have minimal impact on demand, say analysts. The rise in GST will slightly affect car deal...