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Stocks Rebound, Have Best Day Since 1933

By Kevin Dugan
· · Source: The Information

The Dow Jones Industrial Average rose 11% on Tuesday, its best day since 1933, as Congress and the White House appeared to be getting closer to passing a stimulus deal worth at least $1.6 trillion. While lawmakers haven’t settled on all aspects of the bill, drafts of the legislation have included zero-interest loans to businesses that keep their employees and as much as $7,500 per family to pay...

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Better.com’s Valuation Hopes Reflect Fintech Boom: The Information’s Tech Briefing
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There’s something of a boom going on in finance tech startups, you may have noticed. Our scoop today about Better.com, the online mortgage lender, looking to raise money at a valuation of $4 billion—several times where it was last valued—highlights the trend. 

In the past week other startups in the consumer finance market—Affirm, Chime and Robinhood—have each ...

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