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In fact, 45% of Gen Z and millennial workers feel somewhat optimistic. And yet, Gen Z workers are the biggest cohort of non-savers, Bankrate also found. The average 401(k) balance among boomers is $220,900, according to the latest data from Fidelity Investments, the nation's largest provider of 401(k) plans. For Gen Z, the average balance is $8,100. They are also significantly more likely to have at least $100,000 in a retirement savings account, the report found.
Persons: Xers, Z, Bankrate, Gen Xers, Douglas Boneparth, anther, Boneparth Organizations: Fidelity Investments, Bone, Northwestern Mutual, CNBC, Council, Country Financial Locations: New York
True vanilla is a demanding crop, so labor-intensive that at times the market value of the beans has surpassed that of silver, weight for weight. And since each bean yields only 2 percent vanillin at best, the cost of pure vanilla is even higher. The vanilla bean on my desk comes from the small Hawaiian town of Laie on Oahu’s North Shore. It’s longer and darker than the other vanilla beans in my cupboard, its fragrance more insistently narcotic. To begin with, while the vanilla orchid — planifolia is the species most widely grown — is a hermaphrodite (like most flowering plants), with both male and female parts, it can’t pollinate itself.
Persons: Wendell Steavenson, Saili Levi, Edmond, toiling, planifolia, haricots Organizations: NPR, Vanilla Company Locations: Madagascar, Laie, Shore, Samoa, Hawaii, United States, Oahu, Mexico, Réunion
Archaeologist Ralph Solecki discovered the flower burial, as it came to be known, while exploring Shanidar Cave in the Kurdistan region of northern Iraq. However, elements of the flower burial theory didn’t seem to add up. “That was, for us, an indication that maybe there was something going on with the flower burial,” Hunt said. Shanidar Cave in the Kurdistan region of northern Iraq is seen in May. Its presence is due to the activity of bees and not flower burial, suggests a study led by Chris Hunt, professor emeritus at Liverpool John Moores University in the UK.
Persons: Ralph Solecki, Solecki, , Chris Hunt, Hunt, ” Hunt, Christopher Owen Hunt, they’re, Christopher Owen Hunt Hunt, , Paul Pettitt, Pettitt, Hunt “, Fred Smith, it’s, Grandma, Joe, ’ ” Hunt, Shanidar Organizations: CNN, Liverpool John Moores University, Archaeological Science, Durham University, Illinois State University Locations: Kurdistan, Iraq, United Kingdom, Shanidar
a16z said in an email it intends to keep banking with SVB, as the bank is "fully operational." The VC firm noted it is working on a "general diversification plan" and will find anther bank in the future. "We have been working closely with the new leadership at SVB (alongside our existing relationship managers) and are pleased to report that the bank is now fully operational," Andreessen Horowitz, commonly referred to as a16z, wrote. The regional bank was taken over by the government on Friday after a bank run. Most of that is not in cash stored in bank accounts but in other investments.
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