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Search resuls for: "Gen Zeds"


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download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. But things might not be as bad for Gen Z as they seem. Members of Gen Z are projected to spend more on housing costs like rent, mortgages, insurance, and utilities after inflation between the ages of 22 and 30 than millennials did, a recent RentCafe analysis found. Related storiesYet Gen Z's typically higher earnings mean they'll only spend an estimated 30% of their income on housing compared to 36% for millennials. AdvertisementSuccess may be short-livedIt's worth digging into why Gen Z is doing well financially.
Persons: , Gen Z, Z, boomers, Gen, millennials, They've, lockdowns, Zeds Organizations: Service, Business, Reserve, millennials
China, Japan, and Italy are all battling dwindling birth rates — and their struggles are a reminder of an issue that could eventually become a problem for the US. Elon Musk, with his three-year-old son X AE A-Xii at the 2024 Super Bowl, thinks low birth rates pose a risk to civilization. Meanwhile, economists have warned for years about plunging birth rates in Italy . AdvertisementChina has also struggled to raise its birth rate. Congress has also played up the potential for immigration to boost the economy over the longer term.
Persons: , millennials, Zeds, Zers, you’ve, Marc Ostwald, That’s, Elon Musk, Musk, X, Rob Carr, Italy party’s, , ADM’s, Donald Trump, Joe Biden, , ” Ostwald, Martin Heinrich Organizations: Service, United Nations, Business, ADM Investor Services International, Congressional, Republican, Democrat, Economic Committee Locations: China, Japan, Italy, India, “ Japan
Gen Z and millennials are losing more sleep over their finances than older generations, a survey found. Less than half of Gen X and baby boomers said rising rent or home prices contributed to financial stress. Some 56% of Gen Z and 51% of millennial respondents to a survey by financial services company Empower published this week said their finances were keeping them up at night. Meanwhile, 62% of Gen Z and millennial respondents said rising contributed to their financial stress, while only 38% of older respondents said the same. Home ownership has long been more elusive for millennials and Gen Z.
Persons: Z, X, , Gen Z, Gen Zeds Organizations: Service, Redfin
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