Robots want to be your next financial advisor. Not too long ago, that notion may have smacked of sci-fi whimsy — “Star Wars” cyborg C-3PO in a power suit on Wall Street, perhaps. But robots, or so-called “robo-advisors,” may soon manage more than $1 trillion of Americans’ wealth. These aren’t […]
Business & Finance
The 10 richest men in the world have seen their global wealth double to $1.5tn (£1.01tn) since the start of the global pandemic following a surge in share and property prices that has widened the gap between rich and poor, according to a report from Oxfam. Urging governments to impose […]
U.S. stocks lost steam in a lackluster trading session on Friday, as major indexes closed the last day of 2021 marginally lower, but still within striking distance of record highs made during a banner year. The S&P 500 treaded water during the session but closed out 2021 up 27%, marking […]
The pandemic could end in 2022 — or we may suffer fresh setbacks. Operating with that huge global uncertainty, companies will record new triumphs and failures. This is what to look for next year across the corporate world in industries from pharma to technology. Pharma Trend to watch Next year […]
U.S. stock futures rose during early morning trading on Friday, ahead of earnings from the major banks. Futures contracts tied to the Dow Jones Industrial Average advanced 88 points, or 0.24%. S&P 500 futures were up 0.28%, while Nasdaq 100 futures rose 0.38%. All of the major averages slid during […]
Environmentalists say Bitcoin uses too much energy. The world can’t afford it. It’s not worth it. That’s what they say. So, it must be true. Or must it? If you’re reading this, you’re probably aware of the popular anti-Bitcoin “energy per transaction” narrative. You’ve seen it in many major media […]