Firms, like Morgan Stanley, are using artificial intelligence to manage clients’ money

Firms, like Morgan Stanley, are using artificial intelligence to manage clients’ money

Betterment, another robo-advisor, is using artificial intelligence in a limited capacity to back-office tasks such as check processing. The company does not use the technology to generate financial advice or manage portfolios, said Dan Egan, director of behavioral finance and investing at Betterment. "Generally speaking, machine intelligence is kind of like an autistic savant, in…
Trump threatens to pull US out of weapons pact with Russia, saying Moscow is violating the terms

Trump threatens to pull US out of weapons pact with Russia, saying Moscow is...

TASS | Getty Images Pictured in this screen grab is a Bulava missile launched by the Russian Navy Northern Fleet's Project 955 Borei nuclear missile cruiser submarine Yuri Dolgoruky from the White Sea in north-west Russia at the Kura testing grounds on Kamchatka Peninsula on Russia's Pacific coast during a military drill. Screen grab/Ministry of…
GOP political apps create a ‘safe space’ to exchange conservative views away from Facebook and Twitter, NY Times reports

GOP political apps create a ‘safe space’ to exchange conservative views away from Facebook and...

SOPA Images | Getty Images The logos of Twitter, Facebook and Google Republicans who feel Silicon Valley harbors a bias against conservative views are developing their own online networks, according to a Saturday report in The New York Times. The Times highlighted a new generation of mobile applications made for the National Rifle Association and…
This retirement expense has hit $100,000 annually — and it’s continuing to rise

This retirement expense has hit $100,000 annually — and it’s continuing to rise

Though the topline figure for care costs can be daunting, soon-to-be retirees can help prepare by working with an advisor to draft a plan. Questions you need to tackle from the outset include "Where and how would you like to receive care?" This can help you get an idea of whether you ought to anticipate…
Trump blasts Democratic ‘obstructionists’ for weak border security as a vast migrant caravan tries to reach the US

Trump blasts Democratic ‘obstructionists’ for weak border security as a vast migrant caravan tries...

Nicholas Kamm | AFP | Getty Images President Donald Trump speaks during a 'Make America Great' rally in Missoula, Montana, on October 18, 2018. President Donald Trump on Saturday launched a new salvo in the fierce battle over immigration, blasting Democrats for obstructing his efforts to secure the border as thousands of Central American migrants…
You could earn up to $30,000 in college aid in as little as 4 minutes—here’s how

You could earn up to $30,000 in college aid in as little as 4...

In the past, students and educators have bemoaned how time-consuming the process of completing the FAFSA can be. Just as citizens use services like TurboTax to file their taxes, students can also use services like FRANK to help fill out their FAFSA if they choose. According to Javice, the FAFSA-filing process with FRANK takes just…
The Mega Millions jackpot is now $1.6 billion—here’s who won the 5 biggest US lottery prizes ever

The Mega Millions jackpot is now $1.6 billion—here’s who won the 5 biggest US...

There were three winning tickets for history's biggest prize, which was drawn on Jan. 13, 2016, according to CNN Money. John and Lisa Robinson in Tennessee, Maureen Smith and David Kaltschmidt in Florida and Marvin and Mae Acosta in California all had the option of roughly $533 million before taxes as an annuity or $327.8…
Winning the $1 billion Mega Millions jackpot won’t make you happier, but it will do this, according to science

Winning the $1 billion Mega Millions jackpot won’t make you happier, but it will...

Researchers studied 3,362 winners of lotteries from five to 22 years after winning. The participants' overall gains totaled $277 million. The researchers measured happiness, mental health, satisfaction with their personal finance and overall life satisfaction through several questionnaires posing questions such as: "'All things considered, how happy would you say you are?" and "Taking all…
Here’s why your odds of winning the $1 billion Mega Millions jackpot are so slim

Here’s why your odds of winning the $1 billion Mega Millions jackpot are so...

The Mega Millions jackpot reached $1 billion on Friday. So, what are the odds of hitting the winning numbers? Pretty slim. To make things even more difficult, lottery officials who run the Mega Millions game tweaked the rules and odds in October 2017 to make jackpots pay out less frequently, spurring their monster growth, according…
Trump’s tone shifts on missing journalist Jamal Khashoggi, raising the prospect of US sanctions on Saudi Arabia

Trump’s tone shifts on missing journalist Jamal Khashoggi, raising the prospect of US sanctions...

Trump emphasized that his administration would "find out who knew what, when and where" about Khashoggi's fate. He also said Congress will be involved "very much" on what the next steps would be in the U.S.-Saudi relationship. "I will very much listen to what Congress has to say," Trump told reporters. Several top Republicans in…

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