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☆ A Texas HIFI couple made $200,000 last year. Their budget for vacations and restaurants keeps shrinking despite 'making more money than ever.'
▼ + stars: | 2024-06-05 | by ( Allie Kelly | ) www.businessinsider.com time to read: +5 min

But with the rising cost of living, Joe is apprehensive about the future. His experience echoes that of many HIFIs, a group of Americans who are defined as high income, financially insecure. Joe doesn't feel wealthy, despite a six-figure incomeRight before the pandemic, Joe estimates he and his wife made about $150,000 together. And, despite his household income, Joe doesn't feel wealthy. He doesn't feel like he's saved enough in his 401(k), and he worries his current spending will hurt his future.

Persons: —, Joe doesn't, Joe, we're, Zers, Gen Zers, Debra Kaplan, Kaplan, they're, We're Organizations: Service, Business, BI Locations: Austin

☆ Facebook has a plan to win over Gen Z. Don't laugh.
▼ + stars: | 2024-06-04 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +4 min

In a 2023 Pew survey on teen internet use, only about one-third of US teens ages 13 to 17 said they used Facebook. Compare that with Pew's 2014 survey, when 71% of teens said they used Facebook. AdvertisementSecondly, Facebook is hoping to lure back young adults with offerings like Marketplace, Dating, Groups, and Events. And I don't think Facebook Dating is a huge hit. I know it seems improbable that Facebook could become cool for Gen Z, but don't count it out — they just might pull this off.

Persons: Meta, —, Elon Musk's, I'm, Instagram, Mark Zuckerberg Organizations: Service, Facebook, Pew, Facebook —, Meta, Craigslist, mojo, TikTok

☆ Is the climate your top issue? Here's a guide to each candidate's stance.
▼ + stars: | 2024-06-04 | by ( John L. Dorman | ) www.businessinsider.com time to read: +5 min

From the protection of lakes and streams to the battle to curb greenhouse gas emissions, many voters in the upcoming US presidential election want to see the federal government play an active role in climate issues. One thing is clear though: the lion's share of voters believe that climate change is real. AdvertisementThe latest quarterly survey from the Yale Program on Climate Change Communication revealed that 72% of Americans believed that climate change was occurring, while only 15% disagreed. Related storiesHere's a look at President Joe Biden and former President Donald Trump's positions on climate — which is poised to be a defining issue for Gen Z and millennial voters this fall. But President Donald Trump withdrew from the plan while in office, blasting it as detrimental to the US economy.

Persons: Joe Biden, Donald Trump's, Gen Z, Biden, Barack Obama, Obama, Donald Trump, Trump Organizations: Service, Business, Yale, GOP, US, Keystone XL, Trump, Alaska National Wildlife, Environmental Protection Agency, Mar, The Washington, of Energy Locations: Paris, Alaska, Michigan

☆ Here's where veteran dividend investor Nancy Tengler sees opportunity right now
▼ + stars: | 2024-06-04 | by ( Michelle Fox | ) www.cnbc.com time to read: +6 min

Dividend investing has always been a part of Nancy Tengler's career, which has spanned more than 40 years. She also looks at relative dividend yield, or the yield on the stock relative to its own history and the market, she explained. "It's really because of the power of the compounding of the dividend and the dividend growth." The tech giant authorized its first-ever dividend in April, so it does not have a history of dividend growth. "This is a name that's undervalued in many ways and they've kind of grown up as a company," Tengler said.

Persons: Nancy Tengler's, Tengler, Stephen Squeri, Z, Squeri, CNBC's Jim Cramer, Gen Zs, David Gitlin Organizations: Tengler Investments, Walmart, American Express, Carrier Global, Carrier

☆ Inside China's plan for AI: shape reality and enforce its power
▼ + stars: | 2024-06-03 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at China's strict approach to overseeing its AI development and the threat it poses to the world. The country's history of censorship and surveillance is extending to its approach to AI , writes Business Insider's Linette Lopez. AdvertisementThe CCP's plan for AI is about shaping reality and enforcing its power, according to internal documents. What to do ahead of May's jobs report. Permabull Tom Lee said it's a great time to buy stocks — shocking — with a new jobs report set to drop on Friday.

Persons: —, Kiran Ridley, Stringer, Getty, Tyler Le, Insider's Linette Lopez, Linette, chatbots, Jinping, Xie Huanchi, we've, Ken Griffin's, Permabull Tom Lee, it's, Stocks, Keith Gill, It's, Amazon's, Alyssa Powell, boomer, Gen, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Grace Lett, Annie Smith Organizations: Service, Harvard, Business, Chinese Communist Party, of, People, Getty, Citadel Securities, BI, GameStop, Cloud, Prime, Apple, American Express, Research, Boomers Locations: China, Beijing, Xinhua, New York, London, Chicago

☆ How American Express Became Millennials, Gen Z's Favorite Credit Card
▼ + stars: | 2024-06-03 | by ( Emily Stewart | ) www.businessinsider.com time to read: +8 min

But now, for a growing cohort of Gen Zers and millennials, it's their card, too. According to the company, millennials and Gen Z consumers made up 60% of its new customer acquisitions worldwide, and 75% of its new platinum and gold accounts were opened by millennial and Gen Z members. Related storiesAmex has implemented a number of tactics to pull off its youth revolution and cement its place as a status symbol among relatively affluent millennial and Gen Z consumers. For many young consumers, having an Amex rewards card is sort of like having a good, varied subscription service that runs them less than $60 a month. AdvertisementAll that aside, the Amex Platinum Card seems neat.

Persons: Gen Zers, youngs, it's, they'd, Amex, Zers, Gen X, Z, Steve Squeri, Jim Cramer, Gen Zs, Michael Miller, Uber, Miller, Daisy Hernandez, Guy, Stephen Biggar, Amex isn't, Chase Sapphire, I've, Emily Stewart Organizations: American Express, Express, Mastercard, Visa, American, CNBC, Morningstar Research, New York Times, Wall Street, Saks, Walmart, US, Argus Research, bodega, Business Locations: Coachella

☆ A millennial who retired at 32 explains the 'life happiness index' he used to decide to go back to work after 8 months
▼ + stars: | 2024-06-02 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +7 min

So he did just that, working slightly fewer hours but maintaining a strong balance between work, family, and hobbies. It's all part of his "life happiness index" that drives his financial and life decisions. Some wanted to resume their past jobs, while others looked to lower-stress roles like nonprofit or charity work. He keeps track of a "life happiness index," which he said is highest when he balances his work with family and hobbies. When considering his "final" retirement, he said he plans to work as long as he enjoys it.

Persons: Jace Mattinson, Mattinson, —, wasn't, He's, I've, he's Organizations: Service, Business, Dallas, Brigham Young University Locations: PwC, Dallas, Austin, Texas, Oklahoma

☆ I'm a millennial job seeker who kept getting my résumé rejected. Then, I changed the formatting.
▼ + stars: | 2024-06-02 | by ( Tim Paradis | ) www.businessinsider.com time to read: +7 min

Dania Swails, 28, has worked in finance and is looking for another job in the industry after leaving her last role. There would be jobs where I met every requirement, and I was getting rejected, getting rejected, getting rejected. I was getting automatically rejected, so I decided to apply only for jobs where I met every qualification. Then, a recruiter I'd been working with said my résumé could be getting caught in applicant-tracking systems. When I submitted my résumé and job description through this system, I was surprised by the results.

Persons: Dania Swails, He's, I've, haven't, I'm, I'd, it's, you've Organizations: Service, LinkedIn, ATS Locations: Cincinnati, Miami, Philly, Chicago

☆ I'm Gen Z and have always loved being cozy and well-rested. I'm relieved my generation is catching up with me.
▼ + stars: | 2024-06-01 | by ( Kim Schewitz | ) www.businessinsider.com time to read: +6 min

I'm a Gen Z freshman and I don't have a ticket to the sold-out club night my roommates are excited about going to. AdvertisementGen Z is one of the first generations who will be less wealthy than our parentsIt's not the first time Gen Z has defied expectations. As Business Insider previously reported, Gen Z is one of the first generations that will be worse off than their parents or grandparents. Gen Z appears to be less focused on the future and more on living enjoyable lives now. I'm an older Gen Z on the cusp of being a millennial, but this trend applies to some of the younger members of my generation, too.

Persons: —, I'm, Brandy, Fingers, Kim Schewitz, Serena Vanderwoodsen, ceilidhs, Z, It's, we've, Gen, Gen Zers, they're, you'll, Gen Z Organizations: Service, Real, Business Locations: Brandy Melville, it's

☆ A Thai-American millennial went to Bangkok to find 'real Thai food.' Now, his private supper club has a monthslong waitlist.
▼ + stars: | 2024-06-01 | by ( Parisa Pichitmarn | ) www.businessinsider.com time to read: +9 min

That made me think: If this is 'real' Chinese food, then is there 'real' Thai food too?" Eitharong told Business Insider. His goal was to continue learning more about Thai food. Parisa PichitmarnDespite Eitharong's culturally mixed upbringing, he sticks to authentic Thai food and never fusion. A few people have claimed he's not cooking Thai food because he's American.

Persons: —, Dylan Eitharong, Eitharong, he'd, voraciously, Haawm, Hanuman Aspler, Chiang Mai, Covid, Curry, wouldn't, jee, Randy Travis, Prince, Beyoncé, juan, Dylan, I'm, grandmas, Siradej Donavanik, Vincent Vichit, Vadakan, He's, Parisa Pichitmarn Organizations: Service, Business, Michelin, BI, Food Locations: Florida, Thai, Orlando, Thailand, Bangkok, Onnut, America

☆ Gaby Hoffmann on Her Movies & TV Shows: 'Now and Then,' 'Field of Dreams,' 'Eric'
▼ + stars: | 2024-05-30 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +11 min

But I was really a kid when I wasn't on set," Hoffmann tells Business Insider. To have a partner in crime, saying, 'We don't really know what we're doing. On the paternal energy on the 'Field of Dreams' set and working with child actors as an adultHoffmann played Kevin Costner's daughter in "Field of Dreams." Christina and I met and we became really, really, really close. And after a decade of feeling like I didn't know what the hell I was doing, that was such a profound relief.

Persons: Gaby Hoffmann, —, Hoffmann, Warhol, Viva, Anthony Herrera, Kevin Costner's, Uncle Buck, Macaulay Culkin, Michael Cera, Adam Driver's, Lena Dunham's, Eric, Vincent, Benedict Cumberbatch, Cassie, Edgar disappears, Eric whom he's, Edgar, Cumberbatch, Ray Liotta, Christina Ricci, Ivan Morris Howe, Ivan —, isn't, they're, Ivan, Benedict, Ray, Amy Madigan, Kevin Costner, We'll, Ashleigh Aston Moore, Thora Birch, You've, Christina, Lesli Linka Glatter, Demi Moore, you've, I, I've, I'd, Sebastián Silva Organizations: Chelsea Hotel, Business, Sundance, Lena Dunham's HBO, Netflix, Hollywood, New York Times Locations: Hollywood

☆ The generation that may never retire: Why some millennials are behind on savings — and how they can catch up
▼ + stars: | 2024-05-29 | by ( Jacob Zinkula | William Edwards | ) www.businessinsider.com time to read: +14 min

However, the average millennial reported roughly $63,000 in retirement savings so far. While millennials will need more money to retire comfortably, many are far away from the savings milestone experts suggest. What's more, the future of the US Social Security system is uncertain, and longer expected lifespans — while a positive development — will require more retirement savings. How to figure out how much retirement savings you needTiffany Bell, a 36-year-old business management professional based in Houston, didn't always take retirement savings seriously. How millennials can get their retirement savings back on trackWhile some millennials are struggling financially, it's not all doom and gloom when it comes to their retirement prospects.

Persons: Nathaniel Hudson, Hartman, millennials, Tiffany Bell, didn't, Bell, she's, they're, Chris Chen, Chen, Judi Leahy, it's, Leahy, NerdWallet, Bell —, —, X, What's, Nilay Gandhi, Roth, Rita Assaf, Assaf, Gandhi Organizations: Business, Northwestern Mutual, Pew, US Social Security, Fidelity, Financial, Citi, Wealth Management, Vanguard, Big, CFP, Roth IRA, Fidelity Investments, Savings, Hudson Locations: Portland, Houston, New York, Montana

☆ A millennial who had a mini-retirement at 38 shares her strategies for achieving financial independence — and why she wants to return to the workforce
▼ + stars: | 2024-05-29 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +8 min

When her daughter enrolls in kindergarten soon, Horrocks said she will return to the workforce but not to the high-stress position she held. Instead, given the luxury to pursue her passions, she's considering financial coaching or planning as options. "I think work is not the goal. She no longer needs to strive for the highest-paying or most prestigious position, and she's considered becoming a financial coach to help people achieve their financial goals. "Also, a lot of financial advisors don't have their client's best interests at heart and aren't wealthy themselves."

Persons: Sabina Horrocks, Horrocks, isn't hustles, Nobody's, We've, They've, we've, she's Organizations: Service, Business, Advisors Locations: Chicago

Miss Kim brought in $1.89 million in sales in 2023 and made a net profit of $101,553 for the fiscal year from August 2022 to July 2023. "I started wondering, if I had Korean food or Asian food and I was able to tell this story…what would that look like?" In the fiscal year from August 2016 to July 2017, Miss Kim brought in $699,877 in sales, according to Kim. Doing away with tippingToday, Miss Kim is profitable and thriving, with total sales of $1.89 million in 2023. When Miss Kim first opened, "we decided that we're going to do away with tipped credit and pay people living wage."

Persons: Ji Hye Kim, Kim, Ann Arbor, Miss Kim, Young Kim, Hye Kim Kim, Paul Saginaw, Ari Weinzweig, Zingerman's, Hye Kim, she'd, It's, Kim didn't, Zach Green, Marisa Forziati Organizations: CNBC, U.S, University of Michigan, Dancing Sandwich Enterprises, Miss Locations: South Korea, New Jersey, Ann, Zingerman's, Ann Arbor, Michigan, New York, Saginaw, Korea, Ann Arbor , Michigan, gochujang, U.S, United States, Miss

☆ I'm a 'zillennial' struggling to survive inflation. Here's what I buy for one at Trader Joe's to keep my budget tight and eat well.
▼ + stars: | 2024-05-28 | by ( Sheldenise Smith | ) www.businessinsider.com time to read: +1 min

I live just outside of New York City and shop at Trader Joe's for groceries each week. As someone living and working in pricey states, I enjoy Trader Joe's food selection and prices. I enjoy the frozen meals at Trader Joe's and the chain's guacamole, eggs, and mandarins. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email.

Persons: Joe's, —, I've Organizations: Service, Business Locations: New York City, pricey, New Jersey

☆ A boomer moved from Texas to Missouri for her retirement thinking everything would be cheaper. She was 'so wrong.'
▼ + stars: | 2024-05-27 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +7 min

She said nearly everything is more expensive in St. Louis compared to Dallas, from groceries to gas to various taxes. Census data shows that between 2021 and 2022, about 494,000 people moved out of Texas, while over 668,300 people moved in. Nearly 9,200 people moved from Texas to Missouri during this period. AdvertisementTheir son attended the University of Missouri, where her husband went, and he settled in St. Louis. AdvertisementThey looked around St. Louis for two years but couldn't find much on the market.

Persons: Donna, Louis, Missouri Donna, St . Louis, It's, didn't, she's, She's, it'll Organizations: Service, Texans, Lone Star State, University of Minnesota's, Texas, Air Force, University of Missouri Locations: Dallas, Fort Worth, St, Texas, Missouri, Europe, St .

☆ A ‘rebrand’ for Lilly Pulitzer takes the classic resort label back to its roots
▼ + stars: | 2024-05-27 | by ( Diana Pearl | ) edition.cnn.com time to read: +7 min

A new logo (and merchandising) for the resort brand Lilly Pulitzer aims to be both timely, and timeless. Pictured above, a Lilly Pulitzer store in Sarasota, Florida. But it maintains firm roots in Palm Beach. “Nothing is more rooted in a resort Americana aesthetic than Lilly Pulitzer,” said Robert Burke, chief executive of retail consultancy Robert Burke Associates. This year, in addition to the Badgley Mischka collaboration, it rolled out a team-up with Natalie’s Juice, selling bottles of orange juice featuring a custom Lilly Pulitzer sticker.

Persons: Lilly Pulitzer, —, Lilly, Lilly Pulitzer hasn’t, Donald Trump, John Greim, ”, Michelle Kelly, Badgley Mischka, ” Kelly, Lilly Pulitzer’s, Nili, Pulitzer, “ Lilly, Kelly, “ It’s, Jacqueline Kennedy Onassis, Wendy Vanderbilt, Tommy Bahama, Johnny Was, Robert Burke, “, Robin Kramer, Burke Organizations: The, Fashion, CNN, Target, Hill, Apple, Palm Beach, Pulitzer, Oxford Industries, Robert, Robert Burke Associates, Natalie’s Locations: New York’s, Palm Beach , Florida, Sarasota , Florida, Philadelphia, Palm Beach, Cranston , Rhode Island

☆ A millennial who made over $300,000 secretly working 2 remote jobs says he'll do whatever he can to ensure he never has to commute to work again
▼ + stars: | 2024-05-27 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +5 min

It was fortunate timing for Charles, as the pandemic had forced many companies to pivot to remote work. "So I'm either going to stay productive by finding other remote work or just wasting time and leaving money on the table. It's left him clinging to his two remaining remote jobs, which have allowed him to not only bring in extra income — but avoid the dreaded work commute. Hiring slowdowns in industries like tech — where remote work and overemployment are more common — and shifts to hybrid working arrangements have both played a role in this decline. Are you working multiple remote jobs at the same time and willing to provide details about your pay and schedule?

Persons: Charles, jugglers, who've, he's, It's, it's, wouldn't Organizations: Service, Business, LinkedIn

☆ Millennials and Gen Zers want human connection, so they're choosing travel tours with strangers to cure their loneliness
▼ + stars: | 2024-05-26 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +6 min

The average Intrepid Travel group has 10 people. AdvertisementIt also allows people to form new bonds in a tight-knit setting, which young travelers crave, after the COVID-19 pandemic. The average Intrepid Travel group has 10 people. jacoblund/Getty ImagesBerna said Intrepid Travel began receiving requests from people in their 30s looking for adventures off the beaten path. Intrepid Travel said they saw 172% increase globally in bookings to South Korea from 2022 to 2023.

Persons: —, Gen Zers, it's, Stephen Simpson, Matt Berna, Intrepid, Berna, crave, Gen, Brian Chesky, They've Organizations: Service, Business, Intrepid, Intrepid Travel, Travel, Japan Locations: Morocco, Sri Lanka, Americas, millennials, Paris, Vietnam, peddle, America, Peru, South Korea, Korea

☆ For Millennials, Living Alone Is Status Symbol Milestone
▼ + stars: | 2024-05-25 | by ( Juliana Kaplan | Rosalie Chan | ) www.businessinsider.com time to read: +14 min

That's helping establish a new millennial milestone for some: Ditching roommates, moving out from the family home, and landing on living alone. Business Insider's analysis of American Community Survey microdata from IPUMS found that 10.5% of millennials lived alone in 2022. Per BI's analysis of American Community Survey data via IPUMS, 16% of millennials lived with at least one parent as of 2022. (The data doesn't specify if that means they're living with their parents or if their parents are living with them.) Subsidized solo livingSome lower-earning millennials are able to get assistance reaching the solo-living milestone — but it's not always easy.

Persons: Jess Munday's, Jess Munday's San Francisco, Munday, " Munday, I'm, it's, IPUMS, millennials, Bella DePaulo, they've, DePaulo, she'd, Jess Munday, Dara Feller, Aria Velasquez, they're, " Velasquez, Velasquez, Erica Charles, she's, Charles, Rick Fry, Fry, She'd, She's, Clibborn, Sydney Krantz, He's, —, homeownership Chaz Zimmer, Chaz Zimmer, Adrianna Newell, Tomasz Piskorski, Piskorski, Zimmer hasn't, Zimmer, he's, James Paniagua, Paniagua, snagging, Julia Mazur, Kathy Pierre, Pierre Organizations: Business, American, Survey, Pew, BI Garak, BI, Subaru, Columbia Business School Locations: Jess Munday's San, Francisco's, San Francisco, Chicago, Washington ,, IPUMS, Florida, California, Waverly , New York, homeownership, Oakland , California, Los Angeles, Oakland, London, Austin, Charlotte , North Carolina, Charlotte

☆ We're millennial brothers and business partners who left San Francisco's tech bubble for the Midwest manufacturing scene. We never would have been able to afford to launch our startup in California.
▼ + stars: | 2024-05-25 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +7 min

We lived in San Diego for a few years after college, and then we moved to San Francisco in 2018. Matine: San Francisco is amazing. But San Francisco was apocalyptic. We had a three-story, four-bedroom place for half the price of our condo in San Francisco. The facility we're currently in is only a little more expensive than my rent in San Francisco, and this is 20,000 square feet.

Persons: —, John Yuksel, Matine Yuksel, I've, He's, Matine, Francisco, COVID, Beltways, John, Matine Yuksel John, There's, It's Organizations: Service, Business, Walmart, Apple Locations: San Francisco, Dubuque , Iowa, Cincinnati, Northern Kentucky, Arizona, San Diego, Francisco, Istanbul, Midwest, Iowa, Dubuque, Mississippi, Mount Adams, It's, California, Tucson

☆ Carlo Acutis, Italian teenager nicknamed ‘God’s influencer,’ set to become Catholic Church’s first millennial saint
▼ + stars: | 2024-05-24 | by ( Christopher Lamb | ) edition.cnn.com time to read: +2 min

CNN —Carlo Acutis, an Italian teenager and computer prodigy who earned the nickname “God’s influencer,” is set to become the Catholic Church’s first millennial saint. Pope Francis has recognized a second miracle attributed to Acutis, a gamer and computer programmer who died from leukemia in 2006 at age 15. Many attended the beatification ceremony of Carlo Acutis at the St. Francis Basilica on October 10, 2020 in Assisi, Italy. Vatican/Getty ImagesDuring his life, Acutis used his technological skills to spread awareness of the Catholic faith, including setting up a website documenting miracles. Prospective candidates for sainthood normally need to have two miracles attributed to them before they can be canonized.

Persons: CNN — Carlo Acutis, God’s, Pope Francis, Acutis, Carlo Acutis, Francis Basilica, “, Pope, Acutis –, –, Mario, Pokémon Organizations: CNN, Catholic Locations: Italian, Assisi, Italy, London, Milan, Costa Rica, Florence

☆ The European housing crisis warping millennial life: The average Croatian lives with parents until 33
▼ + stars: | 2024-05-24 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +9 min

According to Eurostat, the EU statistical office, the average Croatian leaves their parents' home at over 33 years of age, its highest figure. Joshua Zitser/Business InsiderIn the US, almost everyone has moved out by then. Joshua Zitser/Business InsiderWhile tourism brings economic opportunities for Vukovic and many others, he says it has also worsened the already dysfunctional housing market. But in parts of Dubrovnik, Vukovic explained, that's not feasible. Joshua Zitser/Business InsiderFor Josip Crncevic, 34, prices feel far out of reach.

Persons: —, Joshua Zitser, Malohodžić, Ivan Vukovic, Vukovic, Filip Brkan, that's, Josip Crncevic, Crncevic, homeownership, it's, he'd, Marija, Sanja, Angelo, Cikato, Diana Marlais, Bogdan Dascalescu, wouldn't Organizations: Service, Croatian, Business, Eurostat, BI, UNESCO, Heritage, King's, Real Estate Business Association of, Croatian Chamber Locations: Dubrovnik's, Croatia, Dubrovnik, Independence, HBO's, Dubrovnik's suburbs, Marija

☆ Italian Teenager to Become the First Millennial Saint
▼ + stars: | 2024-05-23 | by ( Alexandra E. Petri | ) www.nytimes.com time to read: +1 min

Pope Francis cleared the way for an Italian teenager to become the first millennial saint by attributing a second miracle to him, the Vatican announced Thursday. The teenager, Carlo Acutis, is often called the patron saint of the internet among Roman Catholics because of his computer skills, which he used to share his faith. Carlo was born in London to Italian parents and moved with his family to Milan when he was a child. His passion for Catholicism bloomed early, his mother, Antonia Acutis, told The New York Times in an interview in 2020. In the months before his death, Carlo used his self-taught digital skills to create a website archiving miracles.

Persons: Pope Francis, Carlo Acutis, Carlo, Antonia Acutis Organizations: Vatican, New York Times Locations: London, Italian, Milan

☆ TikTok Is About to Become Even More Powerful Thanks to Millennials
▼ + stars: | 2024-05-23 | by ( Emilie Friedlander | ) www.businessinsider.com time to read: +14 min

"I have friends that say that TikTok Shop has ruined the app," Casey Lewis, a trends researcher, said. "It can be good — especially as TikTok moves to TikTok Shop — if they're able to capitalize on this shift and sell products more effectively to older users." Just because something is going viral on TikTok doesn't necessarily mean Gen Z is behind it. The same could be said of Gen Z, which would explain the generations' shared fascination with a time before smartphones and round-the-clock news. The Gen Z users I spoke with didn't seem particularly concerned about an influx of olds.

Persons: Keara Sullivan, Zers, Rushmore, Sullivan, Ryan Broderick, Adam Bumas, Broderick, TikTok, —, Cory Doctorow, it's, Kevin Munger, Doctorow, Casey Lewis, Lewis hasn't, Gen Zers, Jonathan Gelfond, Taylor Lorenz, Lorenz, Munger, Gen Z, Lewis, Stanley, Alpha, Zers —, Gen Alpha, hasn't, millennials, Jason Parham, Leslie Horn Petersen, she's, Gen, didn't, I've, Emilie Friedlander Organizations: New, Pew Research Center, Facebook, Senate, Microsoft, Penn State, Little League, Business, QVC, UC Santa Barbara, The Washington Post, YouTube Locations: New York, tfym, millennials, Brooklyn, Philadelphia

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