Wealthy Millennials and Gen Z Are Redefining Philanthropy
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Number of millennial 401(k) millionaires jumps 400%: Here's what it takes to reach seven-figure status
The number of millennials with more than $1 million in their 401(k)s has quadrupled from one year ago, according to the latest data from Fidelity Investments.CNBC - 1d -
New ethics inquiry details more trips by Clarence Thomas paid for by wealthy benefactors
Investigation by Senate Democrats found that Thomas accepted gifts and travel worth more than $4.75m since 1991. A nearly two-year investigation by Democratic senators of supreme court ethics ...The Guardian - 15h -
Steve Bannon supports increasing taxes on the wealthy
President-elect Trump’s onetime White House adviser Steve Bannon said in an interview he supports increasing taxes on the wealthy and corporations. "I’m for a dramatic increase in corporate taxes. ...The Hill - 1d -
As the wealthy keep spending, here’s why the middle class is in for a tough 2025
Over the last year, middle-income Americans have started to behave more like lower-income consumers, an economist noted. More inflation and a tight job market in 2025 stand to increase pressure on ...MarketWatch - 1d -
Jeffries: GOP led by wealthy 'puppeteers'
House Minority Leader Hakeem Jeffries (D-N.Y.) slammed GOP leaders Thursday evening after the Republicans' Trump-backed plan to fund the federal government and raise the debt ceiling was trounced ...The Hill - 2d -
Inside the trend of "sleepmaxxing" and Gen Z's prioritization of rest and health
Young adults appear to be prioritizing their sleep more than older generations. CBS News' Cristian Benavides looks at the lengths some are going to achieve a good night's sleep.CBS News - 2d -
Lawsuit Claims Elite Universities Favor Wealthy Students in Admissions Process
The case shows a rare peek at the secret deliberations of university leaders and admissions officials.Inc. - 3d -
Alberta's premier responds to Trump's trolling by saying Canada's oil helps make America wealthy
Alberta’s premier responded to President-elect Donald Trump’s trolling of Canada by saying the trade deficit with the country is due to billions of raw materials being sent south which creates ...ABC News - 3d -
Gen-Zers Are Big on Side Hustles, and They’re Using AI to Juggle It All
A new survey from Intuit of 18- to 35-year-olds found that most already have started or have plans to start a side hustle.Inc. - 3d -
Elite universities including MIT, Georgetown accused in court filing of favoring wealthy in admissions
A new motion filed Monday in a lawsuit spanning back two years accuses elite colleges of secretly favoring the wealthy in the admissions process and demanding $685 million in damages. The new ...The Hill - 4d -
Gen Z and Millennials Find Offline Joy in Board Game Clubs
Hungry for in-person interaction, Gen Z and millennial players are joining old-fashioned chess, mahjong and backgammon groups.The New York Times - 4d -
'Cheaper doesn't mean better': Millennial couple bought their first home in 2021 for $195,500—now they regret it
Robert Giametta and Christopher Luquer bought their first home in Cairo, New York in the beginning of 2021.CNBC - Dec. 14 -
Avoid ‘Cringe’ and Connect with Gen-Z
Gen-Z’s social media fluency makes them quick to spot inauthentic content. Here’s how to strike the right tone.Inc. - Dec. 14 -
Meet Rep. Greg Casar, the Texas Millennial Trying to Rebrand the Democrats
“We can’t bring a policy book to a gunfight,” said Representative Greg Casar of Texas, the incoming chair of the Congressional Progressive Caucus.The New York Times - Dec. 13 -
Costco posts another sales miss — but sees gains among wealthy shoppers and in this Amazon-disrupted business line
Costco shares slipped after hours Thursday after the membership warehouse retailer reported mixed results.MarketWatch - Dec. 13 -
Protected: Nvidia unveils next-gen AI and industrial digitalization capabilities at Microsoft Ignite
Together, Nvidia and Microsoft are helping businesses unleash the full potential of AI, driving more efficiencies and transformation.VentureBeat - Dec. 12 -
Gen Z to the rescue? How malls are winning over a generation of in-person shoppers
Mall owners and retailers are trying to capitalize as teens and twenty-somethings show about as much interest in shopping in person as baby boomers do.CNBC - Dec. 12 -
Gen Z abandoning mince pies for loaded fries this Christmas
Young people are abandoning mince pies for loaded fries as global-inspired and plant-based dishes gain favour this Christmas.Yahoo Sports - Dec. 12 -
Wealthy real estate brokers and their brother indicted on sex trafficking charges
Real estate brokers Oren and Tal Alexander and their brother, Alon, have been indicted on charges of sex trafficking. CBS News' Shanelle Kaul reports on the federal investigation.CBS News - Dec. 11 -
The Republicans’ plan to redefine US citizenship is Authoritarianism 101
Redefining citizenship is a key priority of Trump’s second administration. It’s also one of the first things any authoritarian movement does upon seizing power.The Hill - Dec. 11 -
How RapidCanvas automates 70% of data tasks for gen AI projects
With its context-aware AI agents, RapidCanvas is taking on the likes of leading players like DataRobot, Dataiku, Palantir and Alteryx.VentureBeat - Dec. 11 -
Gen Digital to Acquire MoneyLion in Deal Worth $1 Billion
Gen, which provides security, storage and systems management through brands such as Norton and Lifelock, said it will pay $82 a share in cash to acquire the digital financial-services and ...The Wall Street Journal - Dec. 10 -
Jay-Z accused of sexually assaulting minor in 2000
Jay-Z responded through Roc Nation denying allegations of sexual assault made against him and Sean "Diddy" Combs. CBS News legal contributor Jessica Levinson breaks down what the complaint alleges ...CBS News - Dec. 9 -
ChatGPT’s second birthday: What will gen AI (and the world) look like in another 2 years?
We've come a long way in 2 years. Gen AI is the future, but how is it reshaping enterprise? And when will we reach AGI and superintelligence?VentureBeat - Dec. 8 -
4 Ways to Engage Millennials and Gen-Z
Practical strategies to address funding gaps, foster inclusive networks, and create workplace cultures where everyone thrives.Inc. - Dec. 8 -
The science behind winning a Nobel Prize? Being a man from a wealthy family | Torsten Bell
A lot of talent is wasted in a world where more than half of laureates come from households in the richest 5%. We like scientific breakthroughs. Humanity ultimately relies on them. So it matters if ...The Guardian - Dec. 7 -
Millennials are finally joining the 401(k) millionaires club. Here’s how they got here.
In the third quarter, the overall number of 401(k) millionaires rose by 9.5%. Here’s what they have in common.MarketWatch - Dec. 7 -
Party like it’s 1899: the young, wealthy women still attending debutante balls
Opulent celebrations of well-born women became déclassé under Elizabeth II, but the tradition is making a comeback. The event began with an opening dance, then the “debutantes lined up for a ...The Guardian - Dec. 7 -
Wealthy Americans are still ducking the IRS crackdown on non-filers
WASHINGTON — Tens of thousands of wealthy Americans are not complying with recently revamped Internal Revenue Service efforts to get them to file tax returns, according to data obtained exclusively ...NBC News - Dec. 7 -
AI startups are snatching up San Francisco real estate as Gen Z craves office life
With the Covid pandemic approaching its five-year anniversary, a growing number of startups in San Francisco are ditching remote work.CNBC - Dec. 6 -
Review: Reconceiving the scare that wasn't, 'Y2K' is horror-comedy for nostalgic millennials
Making his directorial debut, 'SNL' vet Kyle Mooney marshals a period-rich script (and the participation of Fred Durst) into a project for a targeted audience.Los Angeles Times - Dec. 6 -
Number of 401(k) plan and IRA millionaires hits record, with more millennials joining the ranks
Retirement 401(k) plan account balances increased for the fourth straight quarter to reach the highest average on record, according to Fidelity.CNBC - Dec. 6 -
Wealthy Americans are still ducking the IRS crackdown on non-filers
Tens of thousands of wealthy Americans are not complying with recently revamped IRS efforts to get them to file tax returns.CNBC - Dec. 6 -
New York Red Bulls redefine 'Red Bull way' en route to MLS Cup final, adding in a dash of 'Jersey soccer'
The Red Bulls will play the LA Galaxy in Saturday's MLS Cup finalCBS Sports - Dec. 6 -
Calling all gen AI disruptors of the enterprise! Apply now to present at Transform 2025
Apply to present your AI innovation at Transform's Innovation Showcase and gain exposure to top industry decision-makers.VentureBeat - Dec. 6 -
What It Means That Amazon Just Unveiled a New AI Supercomputer, and New Gen-AI Models
The e-commerce and cloud computing giant is pushing to join the top tier of AI players and is spending big money to get there.Inc. - Dec. 4 -
Are chicken sandwiches a) a tasty lunch? Or b) the ultimate symbol of gen Z wokeness? | Arwa Mahdawi
Those waging a war on woke have turned their attentions to twentysomethings’ supposed rejection of ham and mustard sarnies. Clearly this is what people mean by bread and butter issues .... You are ...The Guardian - Dec. 3 -
The top books and experiences for the wealthy this holiday season
J.P. Morgan Private Bank's "NextList2025" includes four museums, two wineries, four Broadway shows and 10 books.CNBC - Dec. 3 -
Forget Boomers and Millennials. We Actually Belong to 8 ‘Micro Generations’
A philosopher argues that the usual generational labels are useless and proposes a new system of eight ‘micro generations.’Inc. - Dec. 3 -
Why This Mother-Daughter-Founded Snack Brand Brought Philanthropy Into Its Business Model
With a new partnership, SkinnyDipped set about its new mission to empower other female entrepreneurs.Inc. - Dec. 2