by SmartTipsConsultants | Jul 13, 2021 | Uncategorized
Despite the Federal Reserve’s assurance that current inflation pressures won’t last, consumers see things differently, according to a survey Monday from the central bank’s New York district. The June Survey of Consumer Expectations showed that median inflation...
by SmartTipsConsultants | Jul 12, 2021 | Economic News
LONDON — Top financial institutions are calling for global cooperation on central bank digital currencies. The Bank for International Settlements, the global body for central banks, issued a report Friday saying that central banks should work to achieve...
by SmartTipsConsultants | Jul 6, 2021 | Economic News
LONDON — There’s a new fintech unicorn in town. Danish start-up Pleo, which sells corporate expense management software and linked “smart” payment cards, has boosted its valuation to $1.7 billion in a $150 million equity financing round. The investment, led by Bain...
by SmartTipsConsultants | Jul 5, 2021 | Economic News
WASHINGTON — President Joe Biden responded to the June jobs numbers on Friday, saying the strong growth in employment reflects the success of his American Rescue Plan relief bill this spring and his administration’s nationwide vaccination campaigns. “We’re proving to...
by SmartTipsConsultants | Jun 30, 2021 | Economic News
Big banks – Goldman Sachs (GS), Bank of America (BAC), Morgan Stanley (MS), JPMorgan Chase (JPM) and Wells Fargo (WFC) all announced dividend increases after passing the Fed’s latest stress tests. Morgan Stanley and Wells Fargo both doubled their dividends, while...
