Technology

AI Creator Aims to Spare Families LTC Nightmare

Prudential is piloting her platform which predicts clients’ future long-term care needs and costs and evaluates funding options.

Advisors Fleeing Firms Over Outdated Technology

A survey by fintech company Advisor360 finds that 92% of advisors would leave their firms over subpar tech — and 44% already have.

U.S. Criminally Charges EBay in Cyberstalking Case

This rare criminal case involved employees harassing a couple, who publish a tech newsletter, with a bloody pig mask and more.

How Meta’s New Face Camera Heralds a New Age of Surveillance

Silicon Valley's ambition is to shift computing away from smartphone and computer screens and toward our faces.

Commissioner Blames E-Commerce Giants in Deadly Battery Fires

Online retailers persist in selling batteries that don’t meet safety standards or falsely claim to do so.

Sam Bankman-Fried’s Wild Rise and Abrupt Crash

It’s impossible to read the sad saga without thinking he would have been better off spending less time at math camp and more in English class.

FBI Warns Cybercriminals Are Targeting Plastic Surgeons, Patients

The scammers are stealing personal info and sensitive medical records, including photos, to extort individuals.

Will Artificial Intelligence Replace Financial Advisors?

Nearly 60% of investors look online for investment advice, and the vast majority made portfolio changes as a result of AI, a survey says.

Protect Your Firm and Your Clients

Cybercriminals are getting more creative. Here’s what financial advisors can do to minimize the damage for their firms and their clients. (By Assunta McLane)

New AI Tool Diagnoses Brain Tumors on the Operating Table

Once their scalpels reach the edge of a brain tumor, surgeons are faced with an agonizing decision. A new discovery may help.

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SEC Charges Investment Advisors for Overstating Use of AI

The two firms will pay $400,000 in total civil penalties for false marketing and the SEC is on the lookout for more offenders.

JPMorgan Fined $348 Million for Lapses in Trade Monitoring

The bank had failed to account for “billions of instances of trading activity” on as many as 30 different platforms, regulators said.

Top-Heavy Market Doesn’t Mean Steep Correction. Here’s Why

It's been 100 years since the market has been this top heavy, giving rise to understandable fears. History suggest those fears are overdone.

Judge: Minority-Business Agency Can’t Consider Race

A federal judge in Texas has barred a government agency from using race to reject entrepreneurs looking for assistance.

IRS Alert: Weight-Loss Food Is Typically Not a Medical Expense

Companies are falsely claiming that FSAs and HSAs cover or reimburse general health and wellness expenses.

Annuities Continue March Upward

Annuities saw an impressive boom in 2023, with sales reaching a new all-time high, LIMRA announced.

Financial Discipline Among Americans Sliding, Study Shows

People are doing less planning and feeling more financially insecure, Northwestern Mutual's latest research finds.