On today's episode of Wealth, host Brad Smith tackles a variety of personal finance topics, including what September's Consumer Price Index (CPI) indicates about wage growth and Social Security benefits adjustments.
Bankrate senior economic analyst Mark Hamrick weighs in on whether Social Security's cost of living adjustments (COLA) for 2025 is enough to keep up with inflation, calling next year's increase of 2.5% as an example of catching up that still has to be done.
Schwab Asset Management head of innovation and stewardship David Botset drops by to discuss why more millennial investors appear to be drawn toward ETFs.
Stew Leonard's CEO and president Stew Leonard Jr. also joins the program to talk about where inflation is still appearing in grocery store prices.
This post was written by Angel Smith