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401(k) investors may be using a robo-advisor — and not even know it

401(k) investors may be using a robo-advisor — and not even know it

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...
Elon Musk and Jack Dorsey agree to talk about bitcoin at an event in July

Elon Musk and Jack Dorsey agree to talk about bitcoin at an event in July

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...
Amazon and Google probed over efforts to stop fake reviews

Amazon and Google probed over efforts to stop fake reviews

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...
Countdown is on: 100 days to Expo 2020 Dubai

Countdown is on: 100 days to Expo 2020 Dubai

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...
US and EU agree truce in Boeing-Airbus trade row

US and EU agree truce in Boeing-Airbus trade row

by SmartTipsConsultants | Jun 21, 2021 | Economic News

The US and the EU have agreed a truce in a 17-year trade dispute over subsidies for Boeing and Airbus. Under the agreement, both sides will remove taxes on $11.5bn (£8.2bn) of goods, including wine, cheese and tractors, for five years. Those tariffs, imposed by both...
Bitcoin drops as China intensifies crypto mining crackdown

Bitcoin drops as China intensifies crypto mining crackdown

by SmartTipsConsultants | Jun 21, 2021 | Economic News

Bitcoin sank Monday on reports that China has intensified its crackdown on cryptocurrency mining. The world’s largest digital currency fell 7% to a price of $32,801 Monday morning, dropping below $33,000 for the first time since June 8, according to data from Coin...
Fed’s Kashkari opposed to rate hikes at least through 2023

Fed’s Kashkari opposed to rate hikes at least through 2023

by SmartTipsConsultants | Jun 21, 2021 | Economic News

Minneapolis Federal Reserve President Neel Kashkari said on Friday he wants to keep the U.S. central bank’s benchmark short-term interest rate near zero at least through the end of 2023 to allow the labor market to return to its pre-pandemic strength. “The vast...
European markets cautiously higher ahead of Fed meeting

European markets cautiously higher ahead of Fed meeting

by SmartTipsConsultants | Jun 15, 2021 | Economic News

The pan-European Stoxx 600 added 0.3% in early deals, with chemicals climbing 0.9% while oil and gas stocks dropped 0.6%. The positive start in Europe follows cautiously optimistic sentiment elsewhere. Shares in Asia-Pacific were mostly higher in Tuesday afternoon...
UK and Australia agree broad terms of trade deal

UK and Australia agree broad terms of trade deal

by SmartTipsConsultants | Jun 15, 2021 | Economic News

The broad terms of a trade deal between the UK and Australia have been agreed, the BBC understands, with a formal announcement expected on Tuesday. UK Prime Minister Boris Johnson and Australian PM Scott Morrison agreed the deal over dinner at Downing Street. This is...
Google claims it is using A.I. to design chips faster than humans.

Google claims it is using A.I. to design chips faster than humans.

by SmartTipsConsultants | Jun 15, 2021 | Economic News

Google claims that it has developed artificial intelligence software that can design computer chips faster than humans can. The tech giant said in a paper in the journal Nature on Wednesday that a chip that would take humans months to design can be dreamed up by its...
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