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Oil generates revenue for countries with enough oil reserves to produce more than their domestic consumption. And for those economies that are heavily dependent on imports, oil expenditures must be factored into national budgets. Not surprisingly, events like unrest in oil-producing regions, new oil field discoveries, and advances in extraction technology profoundly affect the oil

Eric Glyman and Karim Atiyeh, cofounders of corporate card startup Ramp Corporate charge card start-up Ramp has more than doubled its valuation since its previous round just five months ago amid torrid revenue growth and strong demand for fintech investments. Ramp is raising $300 million in a Series C round at a $3.9 billion valuation,

Many home buyers rely on real estate apps like Zillow and Redfin to focus their searches based on price, location, and time on market. Many sellers also rely on the apps’ home value estimators to help them set a price. However, the Redfin Estimate and Zillow Zestimate aren’t always accurate. Here is what you can do

You walk into a room full of people and someone asks you, “What do you do for a living?” If you can reply with, “I’m a venture capitalist,” then it sounds impressive. Most people will immediately assume that you’re ambitious, wealthy, and an overall success in life. Unfortunately, the allure of being a venture capitalist is much

In this article NGCA BA The modified 737 aircraft “Cosmic Girl” lifts off from Mojave Air and Space Port in California carrying a LauncherOne rocket on June 30, 2021. Virgin Orbit Virgin Orbit, the satellite-launching spinoff off of Sir Richard Branson’s Virgin Galactic, is preparing to go public, announcing Monday that it will merge with a SPAC

Money, whether it’s represented by a metal coin, a shell or a piece of paper, doesn’t always have value. Its value depends on the importance that people place on it—as a medium of exchange, a unit of measurement, and a storehouse for wealth. Money allows people to trade goods and services indirectly, it helps communicate

The New York Stock Exchange (NYSE) stands in lower Manhattan on the first day that traders are allowed back onto the historic floor of the exchange on May 26, 2020 in New York City. Spencer Platt | Getty Images When junior bankers at Goldman Sachs complained about what they called “inhumane” working conditions in an

Twitch may just be Amazon’s best-kept secret. Acquired in a 2014 bidding war with Google for $1 billion in cash, the gaming platform, and the social network continues to break its own high scores. Four years after that acquisition and just seven after its initial launch, Twitch boasts a valuation of about US$3.79 billion. Twitch viewers live-streamed

Shoppers walk in front of a Walmart store in San Leandro, California, U.S., on Thursday, May 13, 2021. David Paul Morris | Bloomberg | Getty Images As earnings season draws to a finale, investors’ eyes are focused on how the second half of 2021 will look. Be it a contagious new Covid-19 variant causing lockdowns,

What is the college degree that you should have gotten? Maybe it’s the one you did get. But sometimes when people are getting out of college—and they and their friends start hitting the job market—they realize that the opportunities open to grads with their particular major are not necessarily in the career fields they’d like

In this article HOOD Newly public stock trading app Robinhood is not looking to do a secondary offering to take advantage of its retail investor-driven share price rise, according to the company’s chief financial officer. “It doesn’t resonate with me to call Robinhood a meme stock,” Robinhood CFO Jason Warnick told CNBC’s Kate Rooney on “Squawk

Rising sea levels, summer heatwaves, widespread droughts, storms, wildfires, and disastrous floods. These are all dramatic effects of human-induced climate change. Some investors may overlook the environmental impacts of their portfolios, but for those on top of the world’s environmental changes, green technology and renewable energy may provide profitable investment opportunities. Climate investments fall within

United Launch Alliance (ULA) CEO Tory Bruno at the rollout of the Atlas V 541 rocket that would launch NASA’s Mars Perseverance rover and Ingenuity helicopter on July 28, 2020. Ben Smegelsky | NASA Rocket builder United Launch Alliance, the joint venture of Boeing and Lockheed Martin, will require all employees to receive vaccinations against

If you’ve received a windfall of cash or saved a sizable sum of money over the years, it may be tempting to pay off the mortgage loan early. Whether or not paying off the mortgage early is a good decision or not can depend on a borrower’s financial circumstances, the loan’s interest rate, and how

Jeff Bezos, owner of Blue Origin, introduces a new lunar landing module called Blue Moon during an event at the Washington Convention Center, May 9, 2019 in Washington, DC. Mark Wilson | Getty Images Jeff Bezos flew to space late last month, but his company has lost top talent since the billionaire space founder came

Founded in 1947, Swedish clothing retailer Hennes & Mauritz AB (STO: HM-B), commonly known as H&M, has grown into one of the most recognizable brands in the fashion industry. H&M has more than 5,000 stores worldwide and employs 120,000 people. Not surprisingly, the COVID-19 shutdown had an impact in 2020. The company reported strong growth

Elon Musk’s SpaceX revealed new details about plans for the next-generation of satellites in its Starlink internet system in federal filings on Wednesday, including that the company intends to use its massive Starship rocket as the primary vehicle to deliver the spacecraft to orbit. SpaceX filed an amendment with the Federal Communications Commission that included

As a property owner in the United States, then you’re no stranger to the concept of property taxes. Largely considered a necessity at the local and county level to keep operations running, these taxes most commonly deal with real estate. Though it’s everyone’s responsibility to pay their share of taxes, there are legal methods that

A pedestrian passes in front of a Charles Schwab Corp. bank branch in downtown Chicago, Illinois. Christopher Dilts | Bloomberg | Getty Images Brokerage Charles Schwab is giving most of its employees a special 5% pay raise as record stock market levels propel the industry’s earnings. CEO Walt Bettinger said Thursday in a press release

Does the debt from your college days seem overwhelming? You’re not alone: Student loans in the U.S. total more than $1.6 trillion. That’s second only to the size of the nation’s mortgage debt. Ironically, the burden of student loans is making it harder for college graduates to buy a home. Politicians are debating what to