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...
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...
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...
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...
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...
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...
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...