Josh Robbins, chief strategy officer for America's Best 401k, breaks down the fight over the fiduciary rule. He also explains how you can make sure your 401k is healthy.
Robbins says the fiduciary rule is intended to make sure all financial professionals are working in the best interest of their clients, but it may lead to pros changing hats depending on the day. Robbins says it could make things "very confusing" for consumers.
Robbins explains people should be looking into their 401ks to make sure it's right for them. He says the average person shouldn't be messing around with market timing because it's an expensive game.
PLUS: American Eagle marks 30 NYSE years with a record stock high. CMO Craig Brommers discusses Gen-Z trends and collabs with Coco Gauff and Trevor Lawrence.
The Verge's Emma Roth joins Cheddar to discuss the iPhone 16, Apple Watch upgrades, all things Airpods and Apple Intelligence. But is it worth the hype? Watch!
The U.S. added 142,000 jobs in August, below expectations. The unemployment rate fell to 4.2%. The cooling job market raises chances for an interest rate cut.