The money is starting to flow from India's largest startup exit. Ola has added a major name to its ongoing financing round after it confirmed that Flipkart co-founder Sachin Bansal has invested 650 crore INR (around $92 million) into the Indian ride-hailing business. The deal rumored in January when Paper.vc, an intelligence service that sifts through company filings in India, noticed that Bansal had committed to investing 150 crore. Today, eight-year-old Ola not only confirmed the pairing, but it revealed that the actual size of Bansal's investment is significantly higher.
Landing a steady, well-paying gig right out of high school can be done, if you know which jobs to go after. CNBC Make It combed through data from the Bureau of Labor Statistics (BLS) to identify seven occupations that pay more than $55,000 a year, are rapidly hiring workers and do not require a degree. Each of the jobs on this list will expand their workforce by more than 7 percent, the average rate of job growth in the U.S., and offer salaries thousands of dollars higher than the $35,256 that those with a high school diploma typically earn, according to the BLS.
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. Mellanox (MLNX) is on the list of such stocks currently recommended by our proprietary system. In addition to a favorable Growth Score, it carries a top Zacks Rank.
Just about 2,500 GCBs dot the city-state, ranging from colonial-era houses to architect-designed modern homes with cantilevered verandas, infinity pools and expansive landscaped gardens, a world away from the high-rise condos most Singaporeans call home. In a recent blockbuster deal, Tony Tung, the chairman of Hong Kong-based oil trader Winson Group, bought a bungalow near the Botanic Gardens for S$105.3 million ($78 million), the Business Times reported earlier this month, saying it was a record for a GCB. Nearby, a Singaporean member of the Tsai family, who made their fortune in insurance in Taiwan, snapped up a bungalow for S$93.9 million.
A record seven million Americans are more than 90 days late on their auto loan payments, and millennials are clearly leading delinquency rates, according to a report by the New York Fed. The NY Fed found that the number of new auto loans and leases appearing on credit reports in 2018 reached a new peak — the highest level in the 19 years they have monitored the data — at $584 billion. Looking at the number of auto loans in serious delinquency, the researchers noted that there was a “sharp worsening in the performance of the loans held by borrowers under 30 years old between 2014 and 2016.
Over the past decade, U.S. oil production has more than doubled, surging from 5 million barrels per day (mb/d) to close to 12 mb/d today. Natural gas also rose significantly, rising from 21 trillion cubic feet per year (Tcf/y) in 2008 to 29 Tcf/y in 2017. Natural gas has been likened to a “bridge fuel,” allowing the U.S. to lower greenhouse gas emissions (GHG) while it transitions to cleaner energy.
Income-based tax requirements will be dependent on how you plan on filing a tax return. Inevitably whether you'll need to file a tax return who have to do with whether you're income can even make it past the first tax bracket and how much more if so, but those tax brackets vary depending on how you file. Single: If you are single and under the age of 65, the minimum amount of annual gross income you can make that requires filing a tax return is $12,000.
Aurora Cannabis Market Cap: $10.61 billion Aurora Cannabis Inc. OTC: ACBFF) debuted on the Canadian venture stock exchange (TSX) in October 2016. In addition to producing dry cannabis, Aurora received a license to sell cannabis oil in January 2017.
Gold markets gapped a little bit higher to kick off the week, breaking above the $1325 level. We broke above there as well, and it looks very likely that the market will continue to go higher. However, there is a lot of noise just above that will cause a lot of resistance, extending all the way to the $1350 level.
FOX Business' Jeff Flock on the impact of Illinois' proposal to tax private retirement funds to pay for public workers' pensions.
In an interview with TheStreet following the report, Gary Dickerson, Applied Materials' CEO, looked past the uncertainty of timing of purchases of chip equipment. Instead, he emphasized a future where more of everyday life is "transformed" by semiconductors for AI and other "workload-specific" uses, chips that in turn require more complex means of manufacturing than used in past. "Near term, everyone can see the downturn in the memory market," said Dickerson.
Benzinga featured looks at many investor favorite stocks over the past week. Bullish calls included an old-school tech giant and an EV leader. Bearish calls included a couple of consumer goods producers.
Commerce Secretary Wilbur Ross has made his recommendations to President Donald Trump about whether foreign car imports constitute a “national security risk” to the U.S. It's not yet clear what's in the recommendations—submitted Sunday, hours before a 270-day deadline expired—as they have not been made public. However, many expect the Commerce Department to back up the assertion that car and car-part imports constitute a threat. This would allow the Trump administration to lash out with new tariffs.
Health Savings Account Rules: 6 Little-Known HSA Tips That Will Save You Money
Former Indian billionaire Malvinder Singh has filed a criminal complaint accusing his younger brother of siphoning funds from their family holding company and fraudulently diverting them to a renowned spiritual guru, the latest twist in the unraveling of a $2 billion empire. Shivinder Singh allegedly directed the holding company to acquire debt-ridden firms which collectively lent 10 billion rupees ($140 million) to the family and associates of their guru, Gurinder Singh Dhillon, according to a complaint filed to the Economic Offenses Wing of the New Delhi police seen by Bloomberg.
Amazon.com Inc. Chief Executive Officer Jeff Bezos announced his divorce. Strip out Bezos and Amazon from the headlines and the stories are more mundane. Amazon still has more than 100 million Prime members, whose subscription fees make them more loyal to the company because they can capitalize on shipping discounts.
Here are some tips for saving, investing and retirement planning, with a focus on making changes in modest increments, without having to sacrifice too much or take on excessive risk. Start saving with that first dollar It's like that Taoist proverb says: The journey of 1,000 miles starts with the first step. With financial planning, it starts by investing that first dollar.
BEIJING/MELBOURNE (Reuters) - Chinese coal traders have stopped ordering Australian coal as clearing times through China's customs have doubled to at least 40 days, according to major buyers in China and international coal merchants, resulting in a sharp fall in Australian prices. The traders and a broker said only cargoes from Australia, the biggest supplier of the fuel to the world's top consumer, were affected. "We have stopped ordering coal from Australia because it is unknown how long the restriction will last," said a manager at a Shanghai-based trading company who usually buys around 400,000 tonnes of Australian coal every month.
While many people are familiar with the concept of a Roth IRA, the Roth 401(k) plan is a relatively new player on the retirement scene. A 2018 study by consulting firm Willis Towers Watson of 349 medium- and large-sized companies found that 70% now offer a Roth 401(k). Roth 401(k)s blend many of the best parts of traditional 401(k)s and Roth IRAs, giving employees a unique option when it comes to planning for retirement. Like traditional 401(k)s, they allow for employer matches and for contributions made directly from paychecks.
In fiscal year 2018, the company reported nearly $500.3 billion in revenue from its operations in 27 countries and e-commerce websites. As of 2018, Walmart has 11,200 store locations. The vast majority of Walmart stores operates under the Walmart name, including large-format Walmart Supercenters and small-format Walmart Neighborhood Markets.
The average savings account rate is a mere 0.09 percent or even less at some of the largest retail banks. Switching to a high-yield savings account could mean earning an additional $500 in interest, on average. If you've stashed some cash in a savings account, this is your time to shine.
Gains in stocks and a strong economy mean the rally in bonds won't hold, she said. Sovereign debt in the U.S. have gained in recent months as the Fed indicated it would be patient on hiking rates, with the yield on the 10-year Treasury bond falling almost 60 basis points from the 3.25 percent highs in November. For anybody who takes this market pricing as fact, there's danger there,” she said in Hong Kong.
Another round of U.S.-China trade talks came and went last week without a resolution, and after a dip in acknowledgment Friday, Asia investors have gone right back to buying. With the U.S. still shuttered overnight thanks to a holiday, the MSCI Asia Pacific Index hovered around at a four-month high as shares in Shanghai stayed in the green after a dazzling 2.7 percent jump on Monday. Trading volume across Japan, South Korea and India was lower than usual Tuesday.
Are you among the millions missing out on one of health care's best financial fixes? Health savings accounts (HSAs) let folks save tax-free for medical needs. If you have a high-deductible health insurance plan (over $1,350 for individuals or $2,700 for families), you're eligible.
Procter & Gamble stock is near all-time highs as its turnaround efforts appear to be taking hold. Shares peaked just 30 cents below $100 last week, which begs a welcome question that investors haven't been able to ask in 15 years: When will P&G stock split next? Usually, when P&G stock crosses the century mark, the consumer products giant doubles the number of shares outstanding with two-for-one splits.