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Schwab Trading Activity Index™: STAX Score Drops in April as Retail Clients Cut Tech Exposure
WESTLAKE, Texas--(BUSINESS WIRE)--The Schwab Trading Activity Index™ (STAX) decreased to 50.10 in April, down from its score of 56.04 in March. The only index of its kind, the STAX is a proprietary, behavior-based index that analyzes retail investor stock positions and trading activity from Schwab’s millions of client accounts to illuminate what investors were actually doing and how they were positioned in the markets each month. “Retail clients turned more cautious in April, leading to a secon...
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U.S. Consumer American Express® Gold Card Introduces New and Enhanced Benefits as Part of 60th Anniversary Celebration
NEW YORK--(BUSINESS WIRE)--American Express today introduced new and enhanced benefits on the American Express® Gold Card, including 5X Membership Rewards® points on prepaid hotels booked through AmexTravel.com or the Amex Travel App™, complimentary Hertz Five Star® status and an updated $120 Dining Credit — all with no change to the $325 annual membership fee. Eligible Gold Card Members can access a suite of special Amex Offers® and can enjoy an updated digital experience in the Amex mobile ap...
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Salt Lake City Ranks First Among Metros Where Gen Zers Own the Largest Share of 3+ Bedroom Homes
SEATTLE--(BUSINESS WIRE)--Salt Lake City tops the list of the 15 metros where Gen Zers own the highest share of three-plus-bedroom homes. Virginia Beach, VA, Oklahoma City, OK, Louisville, KY, and Indianapolis round out the top five, according to a new report from Redfin, the real estate brokerage powered by Rocket. Gen Zers Own Nearly 4% of Large Homes in Salt Lake City, More Than Any Other Major Metro Adult Gen Zers own 3.6% of Salt Lake City’s three-plus-bedroom homes. That figure is over ha...
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Amplitude Research Reveals a Generational AI Trust Gap is Costing Australian Businesses
SYDNEY--(BUSINESS WIRE)--New research by Amplitude reveals generational AI trust gap among Australian businesses....
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As AI Use Grows, Americans Worry About Losing Human Interaction, ACSI Data Show
ANN ARBOR, Mich.--(BUSINESS WIRE)--Satisfaction with AI platforms scores 73 out of 100, with reduced human interaction and job loss among the top concerns, according to the ACSI....
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75% of Homebuyers Expect AI in Process but Still Want “Human in the Loop”
IRVINE, Calif.--(BUSINESS WIRE)--75% of buyers assume AI plays a role in the homebuying process, according to a new study from Cotality. With more than $2 trillion in mortgage originations each year in the United States, even modest improvements in efficiency could have significant implications for lenders and homebuyers alike. Cotality finds AI-driven workflows could shorten mortgage processing times by one to three months — helping buyers move into homes faster while enabling lenders to recyc...
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Over 40% of U.S. Financial Advisors See Wealth Transfer as an Existential Threat to Business, Natixis IM Finds
BOSTON--(BUSINESS WIRE)--As the oldest of 1.1 billion Baby Boomers globally reach their 80th birthday in 2026, advisors are one step closer to navigating the largest transfer of wealth in history. Today, Natixis Investment Managers (“Natixis IM”) launches its wealth transfer report, which analyses the key investor preferences that will dictate which advisors will be successful in navigating this shift in assets. Over 4 in 10 (41%) of U.S. advisors see this transition as an existential threat to...
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Selon JD Power, les fintechs canadiennes continuent de dominer le classement en matière de satisfaction des investisseurs autonomes, comblant ainsi le déficit de confiance par rapport aux banques traditionnelles
TORONTO--(BUSINESS WIRE)--Selon l’étude JD Power 2026 Canada Investor Satisfaction StudySM publiée aujourd’hui, les FinTechs canadiennes continuent non seulement de dominer le segment de l’investissement en libre-service (DIY) en matière de satisfaction client, par rapport aux services de courtage autogérés proposés par les banques traditionnelles, mais elles sont également perçues comme plus innovantes et aussi dignes de confiance que ces dernières. Ce sentiment des investisseurs, qui a l’impa...
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Canadian FinTechs Continue to Lead DIY Investor Satisfaction, Closing the Trust Gap with Traditional Banks, JD Power Finds
TORONTO--(BUSINESS WIRE)--JD Power: Canadian FinTechs Continue to Lead DIY Investor Satisfaction, Closing the Trust Gap with Traditional Banks...
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Gen Xers Approaching Retirement More Anxious Than Boomers
NEW YORK--(BUSINESS WIRE)--As the first wave of Gen X approaches retirement, many consumers are confronting a difficult transition: after decades focused on growing assets, they now must convert those savings into reliable income, often without the pension safety nets previous generations often relied on. Global Atlantic’s 2026 Retirement Outlook Survey of consumers and financial professionals finds that retirement anxiety extends beyond market swings. Rising health care costs ranked as the top...