The Wealth Advisor

Contributor

The Wealth Advisor is today’s most relied-on source of news and education for planners and advisors. We scan the news so you don’t have to, sending you what you don’t want to miss…but don’t always have time to find yourself without poring through dozens of publications. The Wealth Advisor sends you a handy once-a-week list of the most important news, hand-picked by our staff for its importance to investment advisors and their practices.

Summers Says Fed Policy ‘On the Loose Side,’ Inflation Top Issue

Former Treasury Secretary Lawrence Summers said Federal Reserve policy is leaning toward being too slack.

Jerome Powell Acknowledges AI Is Reshaping The Labor Market

Fed Chair Jerome Powell has joined the growing list of influential voices acknowledging that AI is no longer just a hypothetical labor disruptor.

Martin Shkreli Is Setting His Sights On A Favorite Stock Of Retail Traders

Martin Shkreli is back in the financial spotlight, and this time has set his sights on a stock that has become a favorite of retail traders in 2025.

DoubleLine Capital's CEO Gundlach Says 25 BPS Rate Cut By Fed Is The Right Move

DoubleLine Capital's CEO Jeffrey Gundlach said in a CNBC interview on Wednesday that the 25-basis-point rate cut is the right move.

BofA Raises US Minimum Hourly Wage To $25, Delivering On 2021 Commitment

Bank of America raised its minimum hourly wage to $25 per hour across the United States, the lender said on Wednesday, fulfilling its 2021 pledge.