Wealth Management News & Insights
Drug Stock Rally Helps Push Dow and S&P 500 to Records, Peleton Revamps Equipment and Raises Prices Ahead of Holidays, The 2026 Best Colleges in America
Primary Sources
- Prime Big Deal Days Brings Holiday Savings Early on October 7–8: Prime Big Deal Days launches October 7–8, offering members exclusive access to millions of deals across categories from top brands like LEGO, KitchenAid, and Bose. [Amazon]
Financial Markets
- Drug Stock Rally Helps Push Dow and S&P 500 to Records: Investors look past shutdown, but might shift focus soon to missing data. [WSJ]
- OpenAI Valuation Hits $500 Billion While Altman Signs More Deals in Asia: Share sale speaks to frenzy around artificial intelligence. [WSJ]
- Lower Rates Could Help These Unloved Bank Stocks Shine: Smaller banks are finally poised to get a break. [WSJ]
- A.I. Is Driving a Stock Market Rally in China, Too: Surging interest in artificial intelligence is generating huge gains for Chinese tech stocks like Alibaba, which has more than doubled this year. [NYT]
The chart above highlights a series of new Google AI-powered products and features launching throughout 2025, showing Google’s move toward more AI agents.
Financial Planning
- FICO Shakes Up Credit-Score Market: New pricing model for mortgage lenders comes as Trump administration pushes for regulatory changes to lower costs. [WSJ]
- Consolidating Your IRAs? Here’s the First Decision You Have to Make: Do you have the money directly transferred to you, or do you use that money for a short period without penalty (if you follow the rules)? [WSJ]
- Get Ready for Higher Health Insurance Premiums Next Year: Employers say they are facing the biggest increase in health costs in more than a decade — almost 9 percent on average. Workers’ best option, experts say, is to carefully weigh various plans. [NYT]
Business Strategy
- Peloton Revamps Equipment, Launches Commercial Unit and Raises Prices Ahead of Holidays: Peloton is deploying a revamped product assortment that includes AI-powered camera tracking, better audio and a 360-degree swivel screen for its Bike+, Tread+ and Row+. [CNBC]
- Chicago Hotels Set Summer Record, But Profits Prove Elusive: Chicago’s hospitality sector just wrapped up its best summer ever measured by hotel rooms filled. But hotel owners are still chasing the bottom lines they enjoyed before the COVID-19 pandemic. [Crain’s Chicago]
- Spotify Founder Daniel Ek Stepping Down as CEO, Company Names Co-CEOs to Replace Him: Ek said his new role will focus on steering the company’s long-term strategy and providing support to its senior team. [CNBC]
- Nike’s Sales Show Improvement; Tariffs Expected to Cost $1.5 Billion: Profits fell 31 percent in the last quarter as the sneaker giant tries to execute a turnaround plan. [NYT]
- Spirit Airlines to Cut its Fleet of Planes Nearly in Half Amid Bankruptcy Restructuring, CFO Says: Spirit Airlines plans to shrink its fleet by nearly 100 aircraft and exit more than a dozen U.S. markets as part of a sweeping bankruptcy restructuring process. [CNBC]
Life & Work
- The 2026 Best Colleges in America: Stanford, Babson and Yale Take Top Spots: The Wall Street Journal/College Pulse rankings focus on how well colleges set their graduates up for financial success. [WSJ]
- Inside the Billion-Dollar Quest to Live Beyond 100: The $3bn launch of Altos Labs sparked serious interest in longevity but the sector awaits its breakthrough moment. [FT]
- In a Sea of Tech Talent, Companies Can’t Find the Workers They Want: A divide has opened in the tech job market between those with artificial-intelligence skills and everyone else. [WSJ]
- 10 Books That Belong on Every Golfer’s Bookshelf: The sport has long inspired great literature—bound to enthrall players and nonplayers alike. Here is a taste of that greatness. [WSJ]
- ‘Creators are the New Hollywood’: YouTubers Take on the Big Studios – Content creators are bringing Silicon Valley-style disruption to the capital of the traditional media. [FT]
The chart above shows the net inflow of capital being invested into U.S.-listed ETFs from 2016 to 2025, indicating an upward trend.