50/FIFTY

Today's stories, rewritten neutrally

FinanceMar 6

Robinhood launches invite-only platinum credit card targeting wealthy customers

Trading platform Robinhood has introduced a new premium credit card aimed at affluent clients through an invitation-only system.

10 sources
FinanceMar 27

Gender wage gap widens for second consecutive year as Equal Pay Day falls later

Women earned 80.9% of men's wages in 2024, down from 82.7% in 2023, marking the second straight year the gender pay gap has widened after two decades of gradual improvement.

4 sources
FinanceMay 19

Korean Stock Market Rally Concentrated in Few Companies as Global Funds Increase Equity

South Korea's strong market performance relies heavily on a small number of stocks while global fund managers recorded their largest equity allocation increase in May.

3 sources
FinanceMay 15

Defense Manufacturing Updates: Contract Awards and Industry Shifts

Multiple defense industry developments include contract awards to U.S. companies and European manufacturers exploring military production.

5 sources
FinanceApr 21

Commodity Traders Report Strong Profits Amid Market Volatility

Commodity trading firms have generated significant profits as geopolitical tensions and supply disruptions create market opportunities.

4 sources
FinanceApr 30

Merck Reports Strong First Quarter Results Driven by Keytruda Cancer Drug Sales

Pharmaceutical company Merck exceeded quarterly estimates as sales rose 5% to $16.29 billion, powered by 12% growth in its flagship Keytruda cancer treatment.

4 sources
FinanceApr 3

Musk Requires Banks to Buy Grok Subscriptions for SpaceX IPO Advisory Roles

Elon Musk is mandating that Wall Street firms purchase subscriptions to his AI chatbot Grok to participate in advising on SpaceX's potential IPO.

4 sources
FinanceMay 26

Canada Signs Natural Gas Export Deal with German Energy Company SEFE

Canada has signed an agreement with Germany's SEFE to export liquefied natural gas from the Ksi Lisims project.

2 sources
FinanceMay 6

Delta Air Lines Eliminates Food and Beverage Service on Flights Under 350 Miles

Delta will stop providing complimentary snacks and drinks on short domestic flights while adding service to longer routes.

5 sources
FinanceMay 18

US Investor Corvex Management Calls for Sale of Whitbread

Corvex Management has urged Whitbread's board to consider a sale, citing performance issues and share price concerns at the Premier Inn owner.

3 sources
FinanceMay 26

China's Oil Imports Decline as Steel Production Remains Weak

China has reduced crude oil imports while maintaining strong iron ore imports despite weak steel output, indicating shifting economic patterns.

2 sources
FinanceMay 26

Sri Lanka Raises Interest Rates 100 Basis Points Amid Regional Tensions and Inflation

Sri Lanka's central bank implemented a significant 100 basis point interest rate increase as regional conflicts affect currency stability and drive inflation pressures.

2 sources
FinanceApr 15

UK Energy Providers to Offer Household Payments for Increased Electricity Use

British energy suppliers will be able to pay households to use more electricity when renewable sources create excess supply during favorable weather conditions.

5 sources
FinanceApr 3

Study Finds One-Third of Americans Plan to Invest in High-Risk Assets

Northwestern Mutual study reveals 39% of Americans are considering cryptocurrency and other speculative investments for financial planning.

6 sources
FinanceMar 6

Asian Markets Mixed as War with Iran Enters Seventh Day, Oil Prices Retreat

Asian stocks showed mixed results Friday while oil prices fell after reaching 2024 highs amid ongoing conflict between Israel and Iran.

4 sources

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