Saudi Arabia for the first time revealed details to investors that show its national oil company is the world’s most profitable business, demonstrating that the cloistered kingdom is willing to undergo unprecedented scrutiny to tap international cash, according to The Wall Street Journal. With $111 billion in net income in 2018, Saudi Aramco, as the
According to Fidelity, the findings suggest there is an opportunity for those who are simply thinking about it to take the first step toward more mindful planning – a good starting point in establishing habits that can eventually develop into a more disciplined approach for the long term. This lack of planning cuts across generations,
In most developed countries, massive investment in water infrastructure coincided with rapid urbanisation at the beginning of the 20th century. More than 100 years later, this infrastructure has reached the end of its life cycle and needs to be replaced. In the last 10 years, however, the scarcity of public funds, especially in the wake
How am I going to be able to afford to send my two kids to college? They will get loans. And they won’t be the only ones. While total US household debt has increased slightly since 2007, the most exponential increase was seen in student loans, which registered triple digit growth over the period. Oh
Ride-hailing company Lyft Inc. is leading a parade of Silicon Valley companies to Wall Street that display an unusual quality with parallels to companies going public in the dot-com era: lots of red ink. Stay Tuned, Disciplined & Patient! {TJM} The Investor & Character Equation (ICE) | S + R = O IMPORTANT DISCLOSURE INFORMATION