Archvest Wealth Advisors

Kevin Warsh: Fed will not be comfortable with inflation above 2%

Archvest Wealth Advisors — Thu, 02 Jul 2026 19:00:00 +0000

Federal Reserve Chairman Kevin Warsh doubled down on the central bank’s commitment to bring down inflation in his first comments since his inaugural press conference two weeks ago.

“We’ve all looked around, and we’ve seen that prices are too high,” Warsh said on a panel in Sintra, Portugal, at the European Central Bank forum on central banking.

Jennifer Schonberger | Yahoo Finance

Oil’s wild first half of the year upended everything Wall Street expected

Archvest Wealth Advisors — Tue, 30 Jun 2026 19:00:00 +0000

Oil market watchers entered 2026 widely in agreement on an emerging multibillion-barrel glut that was sure to depress prices throughout the year. That is not what they received.

Instead, a series of unexpected geopolitical catalysts — above all, the war in Iran — pushed oil prices to levels not seen since 2022, creating the largest energy supply shock on record and forcing traders to set aside all expectations for the first half of the year.

Now, with Persian Gulf oil exports renormalizing as the war in Iran seemingly winds down, traders enter the second half of the year in an uneasy calm after the storm.

Jake Conley | Yahoo Finance

Millionaires in America: How common is it to have a 7-figure net worth?

Archvest Wealth Advisors — Thu, 25 Jun 2026 19:00:00 +0000

More than 1,000 people become millionaires in the U.S. each day.

If you’ve dreamed of becoming a millionaire, you’re not alone. To many, hitting this financial milestone signals you’ve “made it.” With assets valued at seven figures, you can wave goodbye to many of the financial stressors that nagged at you when you had less.

However, with inflation eroding the value of the dollar with each passing year, being a millionaire doesn’t mean what it used to. As a result, there are more millionaires today than there used to be, and becoming one might be more within your reach.

Read on to learn more about how many millionaires there are in the U.S. today and ways you can grow your net worth to become a millionaire too.

Emily Batdorf | Yahoo Finance

Trump Accounts are an ‘amazing’ wealth-building opportunity, financial adviser explains

Archvest Wealth Advisors — Tue, 23 Jun 2026 19:00:00 +0000

Wealth Table Advisory founder Alexandria Hood explains how you can start investing to create wealth, even if you don’t have much disposable income.

Yahoo Finance Video & Julie Hyman

Watch Video

Interest rates stay steady for now, but more Fed officials are signaling hikes later this year

Archvest Wealth Advisors — Thu, 18 Jun 2026 19:00:00 +0000

The Federal Reserve held interest rates steady on Wednesday for the fourth consecutive policy meeting. Central bank officials signaled that they’re looking to hold rates steady through this year — but are close to hiking rates once.

Fed members voted in a unanimous decision — the first since last June — to hold the benchmark interest rate in the range of 3.5% to 3.75%.

Jennifer Schonberger | Yahoo Finance

‘Social Security is on a collision course toward insolvency,’ watchdog says. It hasn’t been this bad since 1983

Archvest Wealth Advisors — Tue, 16 Jun 2026 19:00:00 +0000

Social Security is hurtling toward a fiscal cliff that, if left unaddressed, will force an automatic 22% benefit cut for tens of millions of retirees, survivors, and their dependents in just six years.

That’s the stark warning from the release last week of the 2026 Social Security Trustees’ Report. A nonpartisan fiscal watchdog, the Committee for a Responsible Federal Budget (CRFB), found the program’s financial imbalance has reached its most severe point in nearly 50 years—and that inaction by lawmakers is making a bad situation measurably worse.

Nick Lichtenberg | Yahoo Finance

SpaceX, Google compute deal raises eyebrows ahead of IPO

Archvest Wealth Advisors — Thu, 11 Jun 2026 19:00:00 +0000

As SpaceX’s (SPCX) June 12 initial public offering (IPO) approaches, the company has been securing some very lucrative AI compute deals, but the timing and terms of those deals are adding concern.

Last week, SpaceX said Alphabet’s (GOOGL) Google will pay $920 million per month to rent 110,000 Nvidia (NVDA) GPUs, CPUs, and memory, as well as related components, from October 2026 through June 2029, with computing capacity beginning to ramp in September 2026.

Pras Subramanian | Yahoo Finance

Bitcoin’s Worst Week Since FTX Crash Signals More Pain Ahead

Archvest Wealth Advisors — Tue, 09 Jun 2026 19:00:00 +0000

Bitcoin’s slide below $60,000 last Friday capped its worst week since the collapse of Sam Bankman-Fried’s FTX exchange in 2022.

The forces currently at play seem almost benign by comparison, but that’s raising red flags for analysts, who warn that the token’s modest rebound may prove short-lived as structural frailties are exposed.

Investors are fleeing Bitcoin exchange-traded funds, technical indicators have weakened, interest-rate expectations have shifted, and while today’s crypto winter is milder than previous editions, that could mean the worst is yet to come.

“I believe there is further downside,” said Griffin Ardern, co-founder of multi-asset manager Primal Fund. “We are still some way off a proper bottom.”

Sidhartha Shukla & Suvashree Ghosh | Bloomberg

SpaceX is powering a new ETF race: Chart of the Day

Archvest Wealth Advisors — Tue, 02 Jun 2026 19:00:00 +0000

SpaceX is not yet public, but the race to own it is already rearranging the ETF market.

A new space ETF with SpaceX exposure has surged past older rivals in assets just two months after launching, turning a once-niche corner of the ETF market into a pre-IPO access trade for one of the biggest expected IPOs on Wall Street.

The Tema Space Innovators ETF (NASA) has leapfrogged the Procure Space ETF (UFO), the ARK Space & Defense Innovation ETF (ARKX), and the SPDR S&P Kensho Final Frontiers ETF (ROKT) in fund assets since launching in March.

Jared Blikre | Yahoo Finance

Americans Are About to Pay Even More at the Grocery Store

Archvest Wealth Advisors — Thu, 28 May 2026 19:00:00 +0000

As Americans confront a surge in prices at the pump, another inflation wave is headed for the grocery store.

A combination of factors including bad weather, tariffs and a dwindling cattle herd are already pushing up grocery prices at an above-average pace. In April, they rose by the most in nearly four years, and economists say the impact of the Iran war and a potential El Niño weather pattern will only add to pressures into 2027.

The hit to US household finances from higher grocery bills is set to intensify just ahead of the November midterm elections, amplifying affordability as a defining issue. And to a greater extent than the surge in gas prices, the slower-moving food shock will be difficult to reverse quickly because the size of autumn harvests is determined by planting decisions made in the spring.

Mark Niquette & Lauren Rosenthal | Yahoo Finance