Worried about an AI bubble? Sign up to The Daily Upside to receive smart, actionable market news designed for investors. American small businesses have a big problem. While publicly traded companies dominate the headlines, most American companies are small and privately held. However, access to retirement savings has not kept pace: Nearly two-thirds of employees…
Financial influencers, or “finfluencers,” are reshaping the way people learn about money. Instead of textbooks or financial advisors, many consumers now rely on social media personalities for guidance on budgeting, investing, and paying off debt. While some offer credible, well-researched information, others blur the line between education and entertainment. And in some cases, they promote…
The recent bitcoin sell-off is shedding new light on crypto ETFs, and financial advisors are scrambling to stay on the sidelines. While the broader financial planning community, along with much of traditional Wall Street, initially held a cautious view of digital currencies, cryptocurrencies have been gaining momentum since the first spot bitcoin ETFs were launched…
Will artificial intelligence make financial advisors obsolete? It may be too early to tell, but two-thirds of Americans are already using generative AI for financial advice, according to a study. Intuit credit karma survey published in September. Nearly as many say they use GenAI “often” for financial guidance, and 75% of respondents say they feel…
