Robinhood makes Wall Street feel like a game to win—not a place where you can lose your savings

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The investing app, which plans to IPO soon, relies on gamification techniques that can encourage people to discount the real-world costs of their decisions. Wall Street has long been likened to a casino . Robinhood, an investment app that just filed plans for an initial public offering , makes the comparison more apt than ever . Read Full Story

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Report: Morgan Stanley will let wealthy clients access bitcoin funds, due to popular demand

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It’s the latest Wall Street stalwart to warm up to cryptocurrency. Morgan Stanley is the latest Wall Street stalwart to embrace cryptocurrency. The financial group will be the first big U.S. bank to allow wealth-management clients access to bitcoin funds, CNBC first reported , citing anonymous sources. A source familiar with the matter confirmed the plan. Read Full Story

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Trading platform Robinhood suffers another outage–on one of the most volatile days the stock market has seen

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Markets are crashing on coronavirus fears, but Robinhood users are unable to trade stocks due to another outage. Robinhood, the app-based trading platform popular with first-time investors, is currently suffering an outage resulting in users unable to make trades. Robinhood itself confirmed the outage in a tweet admitting “trading is currently down.” Read Full Story

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Seattle made 20 miles of streets traffic-free during the pandemic—now it’s making them permanent

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The decision is part of a plan to try to convince residents not to start commuting by car as the city reopens. In April, as the pandemic made parks and sidewalks more crowded in Seattle, the city shut down most traffic on a series of streets to help give people more room for exercise or walking to the grocery store. Now, the city plans to make the changes permanent on 20 miles of streets. Read Full Story

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