May 20, 2024 Last Updated 22:51 PM EDT

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Part of Saudi Aramco’s Shares May Be Offered For International Investors

Aramco is the largest known oil producer in the world with a daily production of 10.25 MMbpd. KSA authority has increased feedstock prices to narrow down its budgetary deficits and also increases daily production rate to cope with the soaring demands. Now it is in efforts for Aramco’s listing for IPOs. If listed, Aramco will be the world’s first corporate entity with asset value of more than $1 trillion.

Latest Stories

Spaving Trend Explained: Are You Spending More to Save Less?

"Spaving" is a rebranded term for an old "trap" that is affecting grocery shops, merchants, and even online casinos: spending more to save money.

US Consumers Putting Off Purchases for Pools, Mattresses Due to Inflation

As high inflation and interest rates hurt, Americans are delaying some more expensive, traditionally financed purchases.

Homeownership Strained by 25% Property Tax Hike, Soaring Insurance Costs

The increase in property taxes and homeowners' insurance costs is a growing threat to homeowners' financial stability and decision-making processes

US Considers Strategies to Address Rising National Debt

Government debt has increased by about 50% since the beginning of the Covid pandemic, causing concern in Washington and on Wall Street.

Survey Shows Women Are Generous Diners, Spotting Friends $24 on Average

The average amount of money American women would spend for a friend's dinner was $24.

Must Read

Goldman Sachs Targets Private Equity After Credit Suisse Shakeup

In an attempt to fill the hole left by unrest at regional banks and the sale of Credit Suisse, American investment bank Goldman Sachs is pushing its way into the lending market for asset managers and private equity.

Tight Grad Market? Here's How to Get Hired (On a Budget!)

A survey from the National Association of Colleges and Employers states that employers intend to recruit 5.8% fewer recent college graduates from this year's class than they did from the class of 2023.

Build Lasting Wealth with These Expert-Backed Passive Income Idea

There are still some proven passive income techniques available that yield positive results.

Dow Unexpectedly Soars to 40,000, Marking the Highest for Wall Street

The Dow just reached 40,000 for the first time, marking the latest high point in an unexpectedly successful year for Wall Street.

Sustainable Investing Made Easy: Low-Cost ESG Fund Options for May 2024

Regular investors continue to desire ESG funds, despite some opponents labeling them as "woke" investing. These funds consider a portfolio's firms' financial fundamentals in addition to their environmental, social, and governance considerations.

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