Robinhood Backtracks on Deal Many Say Is Too Good to Be True

December 14, 2018

Robinhood took the financial world by surprise when it announced a no-fee checking and savings account with a 3 percent interest rate. The company is now backtracking, saying it is "revamping" the product and working closely with regulators. Financial journalist Diane Henriques talked to Cheddar about what you should know before investing.