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In the current landscape of financial markets, the significance of having suitable investment tools cannot be overstated. Fortunately for the public, the proliferation of apps and online platforms has greatly increased the wealth accumulation possibilities for individuals. These digital resources not only help people to stay informed but also enable them to devise more effective investment strategies to navigate market volatility, mitigate risks and seize potential opportunities. With these valuable tools right at their fingertips, investors are better equipped to thrive in the ever-changing financial landscape.

Robinhood stands out against the crowd in many ways when it comes to trading apps. The company has recently made its paid membership, Robinhood Gold, even more enticing to users. Robinhood raised its interest rates in November to 5%. New subscribers now have the opportunity to earn a 5.25% annual percentage yield (APY) on their uninvested brokerage cash with cash sweep. These new subscribers will earn this boosted rate for the first 60 days of their membership and then 5% APY after that. This means that any cash sitting idle in your account will be automatically swept to partner banks where it earns interest. This new rate is 8x higher than the national average savings rate* and 9x the FDIC insurance with coverage up to $2.25 million at partner banks.

With this subscription, users have the ability to make larger instant deposits and gain instant access to up to $50k of their deposited funds. Typically, it takes a few days for deposited funds to become available for investment, but Gold subscribers can bypass this waiting period, allowing them to make opportune investment decisions and seize market opportunities.

Subscribers to Robinhood Gold are also granted access to professional research from Morningstar MORN and Level II market data from the Nasdaq Stock Exchange. Level II data provides investors with a comprehensive view of market activity, including bid and ask prices, market depth and order sizes. This additional information can prove invaluable for investors seeking a deeper understanding of market dynamics to make more informed trading decisions.

Another notable feature of Robinhood Gold is the option for margin investing at a rate of 8%. This feature allows users to leverage borrowed funds, boosting their buying power if eligible. Without a Gold subscription, the margin rate is higher at 12%. As an added bonus, Robinhood Gold subscribers receive a 3% IRA match on eligible contributions to their Robinhood IRA accounts. They simply need to keep Gold for at least one year from the date of the match and keep their funds in their Robinhood IRA for five years.

With a range of advanced tools and benefits, Robinhood Gold enhances an individual's investing knowledge. From higher interest rates on uninvested cash to instant deposits, professional research, access to market data, lower margin rates and the added incentive of a 3% IRA match, Gold subscribers have access to a comprehensive suite of features that cater to a wide gamut of investing needs from short-term investments to long-term retirement planning.

Featured photo by Chris Liverani on Unsplash.

This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice.

Disclosures

*As of Nov. 2nd, 2023 via Bankrate.

All investments involve risk and loss of principal is possible. Robinhood Gold is offered through Robinhood Financial LLC and is a subscription offering premium services for a fee. The Brokerage Cash Sweep Program is an added feature to your Robinhood Financial LLC brokerage account. Interest is earned on uninvested cash swept from your brokerage account to program banks. Program banks pay interest on your swept cash, minus any fees paid to Robinhood. As of November 15, 2023, the Annual Percentage Yield (APY) that you will receive is 1.5%, or 5% for Robinhood Gold members. Terms apply. The APY might change at any time at the program banks' discretion. Additionally, any fees Robinhood receives may vary and is subject to change. Neither Robinhood Financial LLC nor any of its affiliates are banks.

Terms apply to the boosted rate promotion. For more information, view our terms and conditions.

Bigger instant deposits are only available if your instant deposit status is in good standing.

Not all users will be eligible to trade on margin. Margin investing involves the risk of greater investment losses. Before using margin, customers must determine whether this type of strategy is right for them given their investment objectives and risk tolerance. For more information please see our Margin Disclosure Statement.

The 3% matching on contributions requires a subscription with Robinhood Gold (fees apply), must be subscribed to Gold for 1 year after your contribution to keep the full 3% match. You must have compensation (wage income) in order to contribute to an IRA. The funds that earned the match must be kept in the account for at least 5 years to avoid a potential Early IRA Match Removal Fee. For more information refer to the IRA Match FAQ.

Funds being contributed into or distributed from retirement accounts may entail tax consequences. Contributions are limited and withdrawals before age 59 1/2 may be subject to a penalty tax. Robinhood does not provide tax advice; please consult with a tax adviser if you have questions.

The Robinhood IRA is available to any U.S. customer with a Robinhood brokerage account in good standing.

Robinhood Financial LLC (member SIPC), is a registered broker dealer. Robinhood Securities, LLC (member SIPC), is a registered broker dealer and provides brokerage clearing services. All are subsidiaries of Robinhood Markets, Inc. (Robinhood).

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Science

Astronomers Watch a Dormant Neutron Star Reignite After a Decade of Silence

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Astronomers observed a neutron star known as P13 suddenly brighten after years of inactivity. The decade-long study shows how changes in accretion can drive extreme X-ray power, offering new insight into ultraluminous X-ray sources and neutron star physics.

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UK

‘Hero’ pedestrian climbed into car of Liverpool parade attacker to stop him, court hears

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'Hero' pedestrian climbed into car of Liverpool parade attacker to stop him, court hears

A “hero” pedestrian climbed into the car of Liverpool parade attacker Paul Doyle and stopped him, a court has heard.

Doyle, who used a car as a “weapon” to plough through more than 100 people celebrating Liverpool’s Premier League title win, told officers “I’ve just ruined my family’s life”, the court heard.

The sentencing hearing was told the 54-year-old was “in a rage” and his “anger had completely taken hold of him”.

Doyle is due to be sentenced on Tuesday after pleading guilty to 31 offences relating to seriously injuring people during the victory parade on 26 May.

Doyle, described as a “family man” by prosecutors, wept as footage of the horrific rampage was shown to the city’s crown court several times on Monday.

Paul Greaney KC, prosecuting, described the actions of Daniel Barr, who he called the “hero” of the day.

Emergency services at the scene. Pic: AP
Image:
Emergency services at the scene. Pic: AP

Mr Barr, an ex-soldier, had “bravely” jumped into the back of Doyle’s Ford Galaxy and placed the vehicle into park.

He was walking up Water Street when he noted the defendant’s Ford Galaxy in the distance, said Mr Greaney, noting the crowd’s attitude changed from “joyous to desperate”.

Doyle’s vehicle then stopped next to Mr Barr “all of a sudden”.

“Daniel Barr instinctively pulled open the rear passenger-side door and climbed in. He did so with the intention of stopping the driver,” the prosecutor said.

Mr Barr leaned forward and moved the gear into “park” and “held it as hard as he could”.

Mr Greaney added: “The Galaxy did not stop immediately, but in the end it did.”

The prosecutor said police officers forced Doyle into a police van after the attack.

This, he said, was done “in the midst of a hostile crowd”, adding that officers’ behaviour was both “brave and effective”.

When Doyle was securely in the van, Mr Greaney said police body-worn camera footage picked up him saying: “I’ve just ruined my family’s life.”

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Doyle admitted dangerous driving, affray, 17 charges of attempting to cause grievous bodily harm (GBH) with intent, nine counts of causing GBH with intent, and three counts of wounding with intent last month.

He had previously denied the offences, which relate to 29 victims aged between six months old and 77 years old.

Forensic officers at the scene in Water Street.
Pic: PA
Image:
Forensic officers at the scene in Water Street.
Pic: PA

The court was shown dashcam footage taken from the defendant’s car showing the attack.

Mr Greaney warned the court: “What we are about to display on the screens is truly shocking.”

There were audible gasps in the courtroom as the footage played.

Doyle could be heard repeatedly shouting at pedestrians to “move out the f****** way” as he drove through crowds.

Consistently using his vehicle’s horn, people could be seen trying to jump out of the way, with some forced on to the bonnet of the car.

“F****** pr****,” Doyle shouts as the footage continues.

By the end of the footage, people begin to attempt to run up to the vehicle.

When the car stops, one man shouts, “get the f*** out of the car”.

Pic: Reuters
Image:
Pic: Reuters

Mr Greaney also detailed some of the injuries sustained by victims on the day of the attack.

One woman, aged 66, spent four nights in hospital after breaking six ribs and suffering fractures to her fingers on her left hand and her left wrist.

Another woman, aged 77 at the time, spent 27 days in hospital.

The prosecutor said she suffered a fractured left forearm, fractured left collar bone, three fractured ribs, a fractured pelvis, a broken nose, as well as multiple abrasions and bruising to her head, knees and back.

Another victim, who was 17, suffered bruising to their legs, shoulder and had a small fracture to their tibia.

After suffering wound infections, it took two months before the victim regained mobility, the prosecutor added.

Victims of parade attack speak of ‘psychological injury’ and ‘flashbacks’

The victims of Paul Doyle’s attack during Liverpool’s Premier League victory parade have spoken of how they have suffered from “emotional and psychological injury” as well as “frequent flashbacks”.

A total of 78 people submitted victim statements to the court, in which they described how the “best day ever” soon became the worst.

Doyle sobbed as the words of one victim, a 12-year-old boy, were read out by prosecutor Philip Astbury at Liverpool Crown Court.

The child, who cannot be named for legal reasons, said: “I found myself on the floor having been hit by a car I did not see coming, I have never felt so scared before in my life.”

The boy’s mother said in her statement her heart sank when she saw her child inert on the floor.

She said the incident “caused me much anxiety having to watch my son deal with the pain, the frustration, him feeling down and isolated from his friends in school, the nightmares and the after-effects on him”.

The boy’s mother added: “The sight of my son lying motionless on the road, not moving for those few seconds, and the sound of the car hitting people will live with me forever.”

Another mother said she thought her baby son had died after his pram was catapulted into the air after being struck by Doyle’s vehicle, adding that she thought she would “be next”.

Sheree Aldridge, 37, said her partner Dan Eveson had proudly dressed their six-month-old son Teddy Eveson in his Liverpool FC shirt that day and “was excited to share this moment” with him.

She said in the statement: “In that moment I thought I was going to die. I didn’t know where Dan and Teddy was.

“I felt an overwhelming pain in my leg and looked up to see Teddy’s pushchair on its side further up the road. I thought my Teddy was dead.

“I thought I was next. I thought my children would grow up without a mother.”

The court also heard how a third mother, whose 13-year-old son was injured, said she has trouble sleeping due to flashbacks and has visions of her son’s “terrified face”.

Mr Greaney said some people at the scene on 26 May “thought that what was taking place was a terrorist attack”.

However, the prosecution ruled out that the defendant’s actions were “driven by ideology”.

Police investigations showed there was no problem with the vehicle, and Doyle was completely sober and “free of all drugs”, Mr Greaney said.

“The truth is a simple one – Paul Doyle just lost his temper in his desire to get to where he wanted to get to.

“In a rage, he drove into the crowd,” he added.

Doyle was arrested at the scene in Water Street just after 6pm and charged later that week.

The youngest victim was six-month-old Teddy Eveson, whose parents later told media he was thrown about 15ft down the road in his pram when the crash happened.

Doyle, of Croxteth, Liverpool, admitted attempting to cause grievous bodily harm to the baby.

Five other children, whom Doyle either injured or attempted to injure, cannot be named for legal reasons.

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UK

Russia trying to ‘bully’ UK and allies with attacks under threshold of all-out war, MI6 chief says

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Frontline with Russia is 'everywhere' - even 'in the minds of our citizens', MI6 chief says

Russia is trying to “bully, fearmonger and manipulate” the UK and its allies with attacks under the threshold of all-out war, the new head of MI6 has said.

Blaise Metreweli, the first female chief of the Secret Intelligence Service (SIS), said Britain was “operating in a space between peace and war” and that everyone has a responsibility to understand the dangers because “the frontline is everywhere”.

In her first big speech on Monday, she also focused on Vladimir Putin’s devastating war in Ukraine, accusing him of “dragging out negotiations” on a peace deal and warning that Kyiv’s fate is “fundamental not just to European sovereignty and security but to global security”.

Offering her view on the evolution of global security threats, Ms Metreweli underlined the transformative role of technology, from artificial intelligence to quantum computing.

She said control over such advanced technologies is shifting from states to corporations and even individuals, making the balance of global power more “diffuse, more unpredictable”.

The spymaster did not name anyone.

Blaise Metreweli. Pic: PA
Image:
Blaise Metreweli. Pic: PA

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Is time running out for peace plan?

However, innovators such as Elon Musk are becoming increasingly influential, with their technologies such as his Starlink satellites and his social media site X.

The boss of MI6 was speaking at her agency’s headquarters in London, though she said that the main work of her spies was carried “many miles away from this place – out of sight, hidden from the world, undercover, recruiting and running agents who choose to place their trust in us, sharing secrets to make the UK and the world safer”.

She warned the world was “more dangerous and contested now than it has been for decades”.

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Jimmy Lai found guilty of national security offences in Hong Kong

The spy chief said: “Conflict is evolving and trust eroding, just as new technologies spur both competition and dependence.

“We are being contested from sea to space – from the battlefield to the boardroom. And even our brains as disinformation manipulates our understanding of each other and ourselves… We are now operating in a space between peace and war.

“This is not a temporary state or a gradual evolution. Our world is being actively remade with profound implications for national and international security.”

Breaking with a tradition by previous chiefs of offering a view on a range of threats when speaking publicly, Ms Metreweli said she was choosing to focus on Russia.

“We all continue to face the menace of an aggressive, expansionist and revisionist Russia, seeking to subjugate Ukraine and harass NATO,” she said.

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Ukrainian MP: Who will stop Putin?

On the conflict, she said Putin was “dragging out negotiations and shifting the cost of war on to his own population”.

Her comments come as Donald Trump is attempting to broker a peace deal between Moscow and Kyiv.

General Oleksandr Syrskyi, the head of Ukraine’s armed forces, told Sky News in an interview earlier this month that he believed Putin was using the US push for negotiations as “cover” while Russian troops attempted to seize more land by force.

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The Wargame returns with new episodes

The MI6 boss said the UK’s support for Ukraine would endure regardless of Moscow’s stalling actions.

She also flagged a growing wave of “grey zone” hostilities – deliberately carried out under the threshold of conventional armed conflict – that she attributed to Moscow.

“It’s important to understand their [Russia’s] attempts to bully, fearmonger and manipulate because it affects us all,” she said.

“I am talking about cyber attacks on critical infrastructure. Drones buzzing airports and bases. Aggressive activity in our seas, above and below the waves. State-sponsored arson and sabotage. Propaganda and influence operations that crack open and exploit fractures within societies.”

Germany's President Steinmeier with President Zelenskyy in Berlin on Monday. Pic: Reuters
Image:
Germany’s President Steinmeier with President Zelenskyy in Berlin on Monday. Pic: Reuters

While she did not specify any particular incidents, there have been a spate of mysterious drone sightings in Denmark, Germany and Sweden; while a Russian spy ship was spotted off the coast of Scotland and acts of arson and sabotage have been carried out in the UK, such as a blaze at a warehouse in east London that was providing aid to Ukraine.

Drawing attention to another method to attack a country and its people, Ms Metreweli underlined how information is being weaponised, with falsehoods spread online that are designed to erode trust in a society and amplify divisions.

“The export of chaos is a feature not a bug in this Russian approach to international engagement and we should be ready for this to continue until Putin is forced to change his calculus,” she said.

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NATO boss: ‘Conflict is at our door’

MI6, she said, is adapting to respond to the evolving threats.

But unusually Ms Metroweli also said the wider British public had a role to play, such as with schools helping to educate children to spot disinformation on social media and to check sources of news “and be alive to those algorithms that trigger intense reactions like fear”.

She added: “It also means everyone in society really understanding the world we are in – a world where… the frontline is everywhere. Online, on our streets, in our supply chains, in the minds and on the screens of our citizens.”


Building on the success of the highly acclaimed podcast The Wargame, Sky News presents The Wargame: Decoded – a one-off live event that takes you deep inside the minds of the wargame’s participants. Discover how they tackled the toughest challenges, the decisions they made under intense pressure, and even experience key moments of the game for yourself.

Click here to get tickets.

Sky News’ Deborah Haynes will guide the conversation with Sir Ben Wallace, Robert Johnson, Jack Straw, Amber Rudd, Keir Giles and General Sir Richard Barrons – real-life military chiefs, former government officials and leading experts. Together, they will unpack their experiences inside The Wargame, revealing the uncertainty, moral dilemmas and real-world pressures faced by those who must make decisions when the nation is under threat.

Join us for this unique event exploring how the UK might respond in a moment of national crisis and get a rare, unfiltered glimpse into how prepared the country truly is for war.

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