Monthly Archives: September 2022

Saudi Aramco chief is ‘seriously concerned’ that a rebound of the global economy will kill off any spare oil capacity

Amin H. Nasser, president and chief executive officer of Saudi Arabian Oil Company (Saudi Aramco), speaks at the China Development Forum in Beijing, China, March 19, 2017. Shu Zhang/Reuters Saudi Aramco’s CEO warned a global economic rebound could kill off any spare oil capacity out there. That could deepen the world’s energy crisis, which has…

A money lesson my dad taught me in childhood helped me save 6 months of living expenses that was there when I needed it most

Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. The author, left, with her father. Aleenah Ansari From a young age,…

As a financial planner, I always say you don’t have to buy real estate to build wealth — there’s a better strategy that’s much easier

Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. The author, financial planner Eric Roberge. Beyond Your Hammock Buying a home…

Russian gold floods Switzerland at the highest pace in more than 2 years as investors eye remelting and reselling taboo supplies

Getty Images Last month, Switzerland imported 5.7 tons of Russian gold that was refined and stored in the UK. Investors may be looking to remelt the Russian gold at Swiss refineries and resell it.  Russia is the world’s second-largest gold miner, but output has suffered since Moscow’s invasion of Ukraine. Swiss imports of Russian gold…

Billionaire Carlyle co-founder David Rubenstein says a Fed rate hike of 100 basis points would shock and depress the market and spook investors about inflation

Carlyle Group co-founder and Managing Director David Rubenstein REUTERS/Fred Prouser The Federal Reserve will likely stick with raising rates by 75 basis points at its meeting this week. That’s according to David Rubenstein, who said it would be “shocking” for the Fed to go bigger.  The Fed will deliver its highly-anticipated September policy decision on…

The Banking Digital Trust Report 2021 Preview

Our second annual Banking Digital Trust survey polled digital banking users of the 10 largest US banks on which factors across six key dimensions—Security, Privacy, Reputation, Reliability, Ease of Use, and Feature Breadth—most influence their level of trust in their banks’ digital channels. We then asked respondents to rate their banks across each dimension to…

I made $178,000 after flipping a website I bought for $52,000 last year. Here are the SEO strategy and tools I used to increase its value.

Rob Boirun uses tools like Ahrefs and Semrush to audit a site’s SEO and improve its ranking. Rob Boirun Rob Boirun has been making websites and writing content for them as a hobby since 2002.  Boirun began seriously monetizing his content in 2019 and sold one of his hobby sites in 2020. He now buys…

Sam Bankman-Fried’s Alameda will repay $200 million in crypto to bankrupt lender Voyager – after the crash hit dollar values

FTX Cryptocurrency exchange CEO Gabe Bankman-Fried at a hearing on Capitol Hill on May 12, 2022. Tom Williams/CQ-Roll Call via Getty Images Sam Bankman-Fried’s Alameda plans to give crypto worth $200 million to Voyager to pay off a loan.  The loan was worth $377 million before the crypto slump, which helped push lender Voyager into…

Separatists in Ukraine announced referendums to lock in Putin’s control. Observers say any vote would be a sham.

A soldier in the Donbas region. ALEXANDER NEMENOV/AFP via Getty Images Pro-Russian officials in occupied Ukraine have announced referendums on joining Russia. The tactic, used after Russia annexed Crimea in 2014, has been widely denounced as a sham. The votes are planned for September 23-28 in occupied Donetsk, Luhansk, and Kherson.  Russian-backed separatists in Ukraine’s…

The IPO drought is about to break with Porsche set to raise $9.4 billion in its public debut

Plus a Porsche Cayenne (92,000 euros), a Range Rover (50,000), a Mercedes-Benz ML (70,000), a BMW 7 Series with Alpina finish (155,000) … Reuters Luxury car maker Porsche is set to go public in Europe later this month at a valuation of up to $75 billion.Parent-company Volkswagen is selling part of its stake in the…