Fed to extend debt purchases, US small businesses struggle, Robinhood hit with legal complaint
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
America’s two-track economy: the small business credit crunch
Massachusetts takes legal action against Robinhood
Luckin Coffee to pay $180m in accounting fraud settlement
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