New Delhi: The Indian housing market saw over 225,000 units being sold during the first nine months of the year, demonstrating strong performance in absolute terms, according to a new report. The sustained positive sentiment in the housing market has encouraged developers to launch new projects and additional phases, resulting in approximately 215,000 new units … Read more
Almost 20% of American households generate passive income from interests, dividends, or rents, with median earnings at $4,200 annually. Building passive income streams is an emerging trend as more people increasingly gain access to investment instruments that have long been limited to the wealthy. Rich Dad Poor Dad author Robert Kiyosaki believes everyone should focus … Read more
On the season 12 premiere of Entrepreneur Elevator Pitch, contestants hoping to transform their businesses and lives must convince a panel of elite investors that their dreams are worth making a reality. And they only have 60 seconds to do it. This season, the stakes are higher, and the deals are bigger — investors are … Read more
US Representative Dean Phillips, serving the 3rd congressional district of Minnesota, floated a new bill under the Social Security program that would offer approximately $25,000 to all US citizens when they graduate from high school or receive their GED certificates. Those with disabilities could be exempt from the high school diploma or GED requirement. Investment … Read more
KEY POINTS Ayesha Ofori handled over £500 million in client money at Goldman Sachs Ofori said she began questioning the absence of women in investing. She founded a platform which has various investment options, such as funds from Vanguard, Blackrock, and HSBC. Ayesha Ofori spent over six years as a wealth adviser at Goldman Sachs, … Read more
World peace. Calorie-free cheesecake. Sensible politicians with your interests at heart. Like all these pipe dreams, investment strategies promising both growth and capital preservation are phony baloney. Fiction. Yet so many vendors in varied forms – especially in rocky times like this summer’s – claim otherwise, peddling poor products destined to disappoint. Rational expectations are key to successful investing. … Read more
David Solomon is sharpening the axe again. The Goldman Sachs CEO will slash more than 1,300 jobs as part of the bank’s ongoing review to cull poor performers, the Wall Street Journal reported on Friday Goldman’s cuts will affect between 3% and 4% of Goldman’s 45,000-strong workforce, the Journal added, citing people familiar with the … Read more
BECOMING A MORE OPEN, TRANSPARENT COUNTRY On whether Indonesia is becoming a more mature democratic society, he said this is an ongoing progress. “Moving forward, I think we are very confident that Indonesia is becoming a more open country,” he noted. “We are becoming a more (democratic) country, and also at the same time, we … Read more
If you want to understand the struggling local news landscape, look no further than Atlantic Canada, where a takeover has kept the region’s largest newspaper publisher in operation, but still leaves local journalism in a tenuous state. Toronto-based Postmedia, whose titles include the National Post and the Montreal Gazette, has taken over the financially insolvent SaltWire … Read more
BlackRock, the world’s biggest asset manager, cut its support for shareholder proposals linked to environmental and social issues to a fresh low of 4.1% in the most recent annual general meeting season, it said Wednesday. Despite the number of environmental and social-related proposals increasing year on year to 493 from 455, BlackRock said most had been rejected … Read more
