Retirement plan providers and investment advisors have been fielding calls from anxiety-ridden retail investors nonstop over the past week, as President Donald Trump’s barrage of tariffs send U.S. and global equity markets into free fall. While declines are scary and disconcerting, advisors are largely telling their clients to stay grounded and make some strategic moves. As recent market losses wipe out billions of dollars of value in retirement accounts, TIAA reports retirement participant call volume and online account logins are up nearly 30% since last Thursday, when the tariffs were announced, and Henry Silva, wealth management advisor at Apollon Wealth Management, says a client called him mid-panic-buying a car ahead of likely drastic price increases. Equities are volatile, the experts say. Though an emotional reaction is normal, it’s important to take a step back and think about future you. Read more: https://lnkd.in/e32CXmVy
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Updates
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Accountants have outsourced much of the mundane tasks to technology like AI, and they’re now more focused on strategic decision-making. https://trib.al/323F55y
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In an interview with Fortune, Prologis CEO Hamid Moghadam reflects on succession, leadership, logistics, and why a chaotic trade environment boosts his business—even though “I don’t like to make our money that way.” https://trib.al/tQkKQts
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President Trump announced on Wednesday a 90-day pause on the “reciprocal” tariffs announced last week. During the time-out, a 10% universal tariff will be in effect. However, tariffs on China would not be paused, rising instead to 125% and escalating the standoff between the world’s top two powers. Tariff uncertainty, though, has played a major role in CFO scenario planning. “I think planning 10 years ago was a lot more certain than planning is today,” Tom Barkin, president and CEO of the Federal Reserve Bank of Richmond, told me following the Economic Club of Washington, D.C.’s event on Wednesday. Barkin began his current role in 2018. Before that, he had a 30-year career at McKinsey, where he became CFO and also served as chief risk officer. I asked Barkin if he had any advice for finance chiefs during these uncertain times. “I think if you’re going to next year’s plan, you’ve got to think through a wider range of scenarios,” he said. A prime example is Wednesday’s shift in the tariff landscape, he noted. “Resilience, that’s a big point to think about and optionality. I think that’s the world we seem to be in,” Barkin said. Read more: https://lnkd.in/eGJYDmni
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“So I will be hitting up the Sephora sale, but I’m going to be prioritizing the stock market sale first.” https://trib.al/ly2Vq7z
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AI agents are poised to potentially deliver the AI productivity gains that companies seek. However, we’re still in the early innings of the use of AI agents—autonomous systems that can reason, make decisions, and complete tasks using other software tools without constant human oversight. CFOs also are exploring the use of AI agents. According to Deloitte’s “A CFO’s Guide to Tech Trends 2025,” agentic AI solutions hold promise to transform operations, including finance, with the use of digital workers. But the firm also notes that “new standards for risk and trust will be required.” Read more: https://lnkd.in/gwYUDJ5K
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Taft bought the burned lot with an ocean view for more than $1.5 million for his daughter. Before it burned, the home was valued around $3 million. https://trib.al/gZKAUJq
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“I really like to understand what made them apply for the role. And not just because the role sounds good on paper. I really want to know their motivations and where they're trying to go in their life and career.” In an interview at the Great Place To Work US For All Summit in Las Vegas, Nevada, we asked the following business executives their top interview questions to ask job candidates: ➡️ Great Place To Work US CEO Michael C. Bush ➡️ DHL Express EVP of Global Human Resources Fadzlun Sapandi ➡️ Marriott International President and CEO Anthony Capuano ➡️ UKG CEO Jennifer Morgan ➡️ PwC Talent Strategy and People Experience Leader Kimberly Jones, PHR, PMP ➡️ DHL Express CEO John Pearson ➡️ Blackstone Senior Managing Director Courtney della Cava Read more here: https://lnkd.in/ee73nDTJ
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There is increasing evidence that what you eat impacts how long you live, but also how long you live free from chronic diseases—and researchers have now found a clear link between certain dietary patterns and how healthy you age. The new findings, published in Nature Medicine, used data from the Nurses’ Health Study and the Health Professionals Follow-Up Study to examine the midlife diets and health outcomes of more than 105,000 women and men ages 39 to 69 over a period of 30 years. Researchers from Harvard T.H. Chan School of Public Health, University of Copenhagen, and University of Montreal found that 9.3% of the study cohort aged healthfully, meaning they reached age 70 free of 11 major chronic diseases—including cancer (except for non-melanoma skin cancers), diabetes, heart attack, stroke, Parkinson’s, and multiple sclerosis—with cognitive, physical, and mental health intact. Read more: https://lnkd.in/eK4RPWHz
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"Big Tech is back off the cliff with these exemptions and this changes the entire situation for tech stocks with this black swan event for the industry removed." https://trib.al/8lrDYW0