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MIT Professor Says Most Americans Using AI For Financial Advice Are Doing It Wrong
A growing share of U.S. households is incorporating artificial intelligence into financial decision-making, creating both an opportunity and a challenge for registered investment advisors (RIAs).
Glamorous LA Heiress Linked To Iranian Royalty At Center Of Toxic $200M Divorce Battle
(NewYorkPost) - A Beverly Hills socialite and a UCLA doctor are locked in a vicious $200 million divorce war — with bitter texts, hidden cash claims and clothes hurled from a mansion balcony.
Recent
Recent Data Points to an Inflationary Surge
Recent data points to an inflationary surge, with the economy heating up as inflation rates rebound. The job market remains robust.
Bill Hwang Arrives In Court For Trial On $36 Billion Archegos Collapse
Archegos Capital Management founder Sung Kook "Bill" Hwang appeared in court to face charges stemming from the 2021 collapse of the $36 billion fund.
Schroders’ Retirement Study Finds Inflation Taking Toll on Retirees
With inflation stickier than anticipated, the impact of rising prices lessening the value of savings is weighing heavily on the minds of retirees.
Private Equity is Helping Banks Shed Some of Their Risks
Troubled lender NY Community Bancorp is trying to show investors that it is getting a better handle on the risks embedded in its massive loan book.