‘Americans just work harder’ than Europeans, says CEO of Norway’s $1.6 trillion oil fund, because they have a higher ‘general level of ambition’

Eight candidates have applied to head Norway's sovereign wealth fund, the country's central bank said on Tuesday, as its board prepares to decide who should steer the global portfolio of assets worth $1.1 trillion through a time of transition......»»

Pedro Fiúza/NurPhoto via Getty Images The tech industry should work harder to defend US voters, campaigns, and the electoral process, Microsoft President and Chief Legal Officer Brad Smith said on Saturday, according to CNBC. Tech companies have "fund.....»»

Total U.S. student loan debt is more than five times higher than it was in 2013 and the average loan per borrower has nearly tripled. Who are these borrowers and will they repay?.....»»

Norway's $1 trillion sovereign wealth fund, the world's largest, should shift billions in investments from European stock markets and instead invest more in the United States and other North American markets, the fund's manager recommended on Tuesday......»»

Norway's $1 trillion sovereign wealth fund, the world's largest, should reduce its exposure to European stock markets and instead invest more in the United States and other North American markets, the fund's manager recommended on Tuesday......»»

Norway's $1-trillion-plus sovereign wealth fund, the world's largest, may seek to shift the balance of its investments between Europe, the Americas and Asia, a senior official said on Wednesday......»»

Norway's $1.1 trillion sovereign wealth fund, the world's largest, benefited from a strong finish to the second quarter to post a 3% return on investment, buoyed by U.S. tech giants Microsoft and Facebook......»»

Authored by Tsvetana Paraskova via OilPrice.com, Norway’s US$1-tr.....»»

Some 44 million Americans share $1.5 trillion in student loan debt. The burdens and effects of this debt fall harder on people of color. Can student debt forgiveness help overcome the inequities?.....»»

Americans take great pride in their work ethic. America is after all the most overworked country on the planet. There are however some people and some cities that tend to work harder .....»»

According to the Federal Reserve, Americans owe more than $1 trillion in credit card debt, which is higher than the GDP of 170 countries. American Express issued the first cre.....»»

Norway has lifted a ban imposed in 2006 on investment in five large international firms, including Walmart......»»

Norway's $1 trillion sovereign wealth fund may have to sell its $1 billion stake in commodities giant Glencore, among other companies that derive more than 30 percent of their revenue from coal, to meet proposed tighter ethical investing rules......»»

A Birmingham general contractor has started construction on a pair of state-of-the-art Atrium Health medical office buildings and a nine-level parking deck in Charlotte, North Carolina. Brasfield & Gorrie has started construction in the Pappas Prop.....»»

A less dynamic economy means Americans are less likely to relocate in search of employment opportunity.....»»

A less dynamic economy means Americans are less likely to relocate in search of employment opportunity.....»»

When everybody was bailing out of stocks late last year, the managers of Norway's $1 trillion sovereign wealth saw an opportunity to buy, buy, buy. And the bet has paid off - bigly. Bloomberg reports that Norway’s $1 trillion wealth fund was up 9......»»

Ben Kirby of the $14.6 billion Thornburg Investment Income Builder Fund explains how to put dividends to work over time......»»

Norway's $1 trillion sovereign wealth fund has already established itself as one of the world's preeminent marginal buyers of equities (.....»»

Norway's $1 trillion sovereign .....»»