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- 972articles · 365d
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News
Google Invests $15 Billion on Data Center Buildout in ‘Texas of Europe’
3+ day, 2+ hour ago (392+ words) AI hyperscalers are increasingly dedicating much of their record AI capital spending to EU- and UK-based infrastructure. Think of it as a different kind of data center freeze. A massive surge in AI and data center investments mirroring those in…...
More Women are CFPs. Why Hasn’t Representation Budged?
5+ day, 2+ hour ago (373+ words) Just under a quarter of certified financial planners are women, a stat that has remained flat since the early 1990s. Like punk band Bikini Kill’s Kathleen Hanna says: Girls to the front. “Getting from roughly a quarter to half the profession…...
Most Clients Feel Guilty About Their Spending. Should They?
1+ week, 5+ day ago (296+ words) Some 72% of Americans feel guilty when spending on joy rather than financial goals. By helping them, advisors can build both trust and business. Do guilty pleasures really need to feel so … guilty? More findings from the survey: The fiscal consequences…...
As Bubble Fears Percolate, Advisors Are Bracing for a Crunch
2+ week, 6+ day ago (605+ words) Whether markets are frothy or not, most advisors say preparing for the worst never hurts. For as long as there have been financial markets, there have been warnings of market bubbles and looming corrections. While this time is no different,…...
Spiking Diesel Costs Drive Growing Number of American Family Farms to Bankrutpcy
3+ week, 2+ hour ago (1504+ words) America’s family farms, besieged by low crop prices and high interest rates, face financial ruin under the added strain of the US-Iran war. Harvest season is on the way and, for some of America’s family farms, it may be the…...
Data Centers Are the Wizards of Alts. Here’s What’s Behind the Curtain
3+ week, 1+ day ago (309+ words) Data centers have Wall Street’s attention, but there are more infrastructure opportunities behind the curtain. Pay attention to the man behind the curtain. “We believe data centers are, at least today, somewhat overhyped,” said Irina Zilbergleyt, managing director at I…...
Sticky Inflation, Job Loss Prolong Fed’s Interest-Rate Limbo
1+ mon, 2+ hour ago (334+ words) The CME FedWatch Tool shows the market is pricing in a 60% chance the Federal Reserve holds interest rates steady in September. No surprises. More time. That’s what July’s inflation report delivered to the Federal Reserve on Wednesday. The Bureau of…...
Advisors Can Be Heroes for the Sandwich Generation
1+ mon, 6+ day ago (367+ words) A quarter of Americans are caring for both children and parents. It’s both a financial and emotional challenge for clients, and advisors should make sure they take care of themselves before helping others. It’s a pickle for the sandwich generation:…...
Bipartisan Proposal Would Lift Social Security Tax Wage Cap
1+ mon, 1+ week ago (390+ words) Policy experts say removing the Social Security tax wage cap could eliminate more than half of the program’s forecasted financial shortfall. Who said bipartisanship is dead? The proposal has no “donut hole,” noted Chuck Marr, vice president for federal tax…...
The Great Wealth Transfer May Become the Great Alts Boom
1+ mon, 1+ week ago (303+ words) The role of the advisor is becoming increasingly central as Great Wealth Transfer inheritors increase allocations to assets like crypto and private equity. The biggest wealth transfer in history may also become one of the biggest boons for alternative assets....