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...
by SmartTipsConsultants | Jun 30, 2021 | Economic News
Binance, the world’s biggest cryptocurrency exchange, has been issued a warning by the UK’s financial regulator. The Financial Conduct Authority (FCA) has ruled that the firm cannot conduct any “regulated activity” in the UK. It also advised...
by SmartTipsConsultants | Jun 26, 2021 | Economic News
Americans saving in a 401(k) plan may have money stashed in a robo-advisor — and they might not even know it. Robo-advice is basically professional money management guided by an algorithm (a robot, so to speak), largely allowing investors to be hands-off. Companies...
by SmartTipsConsultants | Jun 26, 2021 | Uncategorized
Tech billionaires Elon Musk and Jack Dorsey have agreed to discuss bitcoin with each other at an event in July. In a bizarre Twitter thread, Musk responded to a tweet from Dorsey promoting an event called “The B Word,” which aims to encourage companies and...
by SmartTipsConsultants | Jun 26, 2021 | Economic News
Amazon and Google are under investigation over concerns fake five star reviews on their websites could be misleading shoppers. The Competition and Markets Authority is also worried that “law-abiding businesses” who sell over Amazon and Google may be losing...
by SmartTipsConsultants | Jun 24, 2021 | Economic News
Mega event aims to drive collaboration and innovation to develop real-life solutions as the world heads into a post-pandemic economic recovery. The countdown is on – there are just 100 days to go until the official start of Expo 2020 Dubai. The six-month world...
