Josh Robbins, chief strategy officer for America's Best 401k, breaks down the fight over the fiduciary rule. He also explains how you can make sure your 401k is healthy.
Robbins says the fiduciary rule is intended to make sure all financial professionals are working in the best interest of their clients, but it may lead to pros changing hats depending on the day. Robbins says it could make things "very confusing" for consumers.
Robbins explains people should be looking into their 401ks to make sure it's right for them. He says the average person shouldn't be messing around with market timing because it's an expensive game.
Wealthfront’s CFO Alan Iberman talks the $2.05B IPO and the major moment for robo banking as the company bets on AI, automation, and “self-driving money."
A rare magnum of Dom Pérignon Vintage 1961 champagne that was specially produced for the 1981 wedding of Prince Charles and Lady Diana has failed to sell during an auction. Danish auction house Bruun Rasmussen handled the bidding Thursday. The auction's house website lists the bottle as not sold. It was expected to fetch up to around $93,000. It is one of 12 bottles made to celebrate the royal wedding. Little was revealed about the seller. The auction house says the bids did not receive the desired minimum price.
