In the wake of the Florida High School mass shooting, some Americans are looking for ways to take the issue of gun control into their own hands, or wallets. Todd Scorzafava is a Lead Partner of Wealth Management at Eagle Rock Wealth and he joins Cheddar to explain how investors can manage their funds in a socially-minded manner.
Scorzafava explains that most passive investors most likely have gun-related stocks in their investment funds. Scorzafava says that if investors want to get out of those funds, they should work with their advisors and companies to find socially-minded funds or targeted ETFs.
Scorzafava explains that with ETFs investors can understand exactly what is in each of their portfolios. He is seeing an increase of millennial interest in that investing option.
Dan Ives, Managing Director and Senior Equity Analyst at Wedbush Securities dives deeper into a report by the International Data Corporation (IDC) that Apple has ended Samsung's 12-year reign as the world's largest smartphone seller.
Artificial intelligence is the biggest buzzword at the World Economic Forum’s annual meeting in Davos. Advances in generative AI stunned the world last year, and the elite crowd is angling to take advantage of its promise and minimize its risks.
Smartphones could get much smarter this year as the next wave of artificial intelligence seeps into the devices that accompany people almost everywhere they go.
In an annual assessment of global inequalities, Oxfam International said the first trillionaire could emerge within the next decade — as the anti-poverty organization pointed to the growing wealth gap that skyrocketed globally during the pandemic.
The Biden administration proposed a cost drop for overdrawing bank accounts, which it says could particularly relieve Americans living paycheck to paycheck.
Americans stepped up their spending in December more than expected, closing out the holiday season and the year on an upbeat tone. The Commerce Department said retail sales rose 0.6% in December compared with a November’s 0.3% increase.
