British stock trading app Freetrade has been acquired by IG Group for £160 million, operating independently under its own brand. Popular among young traders, Freetrade offers zero-commission trading in equities, ETFs, and other products. The acquisition signals potential consolidation in the wealth technology industry amid challenging macroeconomic conditions.
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Federal housing agency refers NY Attorney General James to DOJ for investigation
The Federal Housing Finance Agency (FHFA) has referred New York Attorney General Letitia James to the Justice Department over allegations related to a loan for her Virginia property. FHFA Director William Pulte claims that James misrepresented her principal residence status, suggesting potential violations of criminal laws, including fraud, to secure favorable loan terms. In response, James' office emphasized her commitment to protecting New Yorkers and stated she would not be intimidated, highlighting her ongoing legal...
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