“They Look Like CDs, but They’re Annuities—and Sales Are Booming”
Fixed rate annuities are selling like hotcakes, but investors need to be mindful of the associated risks, chief of which is a lack of FDIC protection.
“The AI Tipping Point: How Banks Will Drive Real Results in 2025”
Banks that were early adopters of generative AI are starting to generate returns on their investments. Read why trends in customer service, security, and other areas will drive further AI adoption in 2025.
“Fed Cuts Interest Rates Again, but Officials Expect Fewer Reductions in 2025”
The Fed cut interest rates 25 bps this week, but the bigger news is that with inflation sticky, officials now expect just two cuts next year.
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