- Robinhood has launched cryptocurrency transfers in Europe, allowing customers to deposit and withdraw over 20 digital currencies, including bitcoin and ethereum. The move is part of the company’s push to expand its product offerings and international presence in the European Union.
- Euro zone inflation dropped to 1.8% in September, falling below the European Central Bank’s 2% target, according to Eurostat. Core inflation, excluding energy, food, alcohol, and tobacco, was 2.7%, slightly below expectations.
- Charles Schwab CEO Walt Bettinger will retire at the end of 2024 and be succeeded by President Rick Wurster on Jan. 1, 2025. Bettinger will stay on as co-chair of the board. During his tenure, Schwab’s stock rose around 150%, though it has lagged behind the broader market in the last two years.
