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☆ That TikToker who had a theory about how Gen Zers look older? His doppelgänger is Wu-Tang Clan's Method Man, who is literally twice his age.
▼ + stars: | 2024-02-12 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +1 min

TikToker Jordan Howlett is 26, but people frequently assume he is older. It probably doesn't help that he looks like Wu-Tang Clan's Method Man, who is twice his age at 52. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementLast month, Jordan Howlett, a popular content creator better known as Jordan The Stallion, went viral for his video theorizing that Gen Zers look older than they are due to stress. This story is available exclusively to Business Insider subscribers.

Persons: TikToker Jordan Howlett, Wu, Tang, that's, Howlett, —, Jordan Howlett, Z Organizations: Service, Stallion, Business

☆ Renters are most exposed to climate hazards in these two states, a Harvard study finds
▼ + stars: | 2024-02-12 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +2 min

Jodi Jacobson | E+ | Getty ImagesMore than 18 million rental units are located in areas exposed to extreme weather hazards, according to the American Rental Housing Report from Harvard University's Joint Center for Housing Studies. While most states have at least one "high-risk" county with 2,000 or more rental units, many are concentrated in California and Florida. How many rentals are at risk in California and FloridaHarvard researchers found the number of rental units exposed to climate hazards in the U.S. by combining an area's risk of economic loss from natural disasters with the number of rental units in those areas, Wedeen said. Florida, for example, has many rental units as well as census tracts, or neighborhoods, that FEMA identified as having at least moderate risk, Wedeen said. Florida has 2.4 million rental units at risk, or about 89% of its rental stock, according to the Harvard study.

Persons: Jodi Jacobson, Sophia Wedeen, Wedeen Organizations: American, Harvard University's, for Housing Studies, Federal Emergency Management, Survey, Joint Center for Housing Studies, Florida Harvard, FEMA, Finance, Harvard Locations: California, Florida, Harvard, U.S

☆ Henry Cavill reignites sex scenes discourse for 2024: 'They're overused these days'
▼ + stars: | 2024-02-11 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +3 min

Henry Cavill has weighed in on the debate surrounding the use of sex scenes in film and TV. I'm not a fan," Cavill said, agreeing with Vaughn, who said he "can't get my head around sex scenes." The " Witcher " actor said there are occasions where he thinks sex scenes are "beneficial" to a film's narrative, "but I think sometimes they're overused these days." "It's when you have a sense where you're going, 'Is this really necessary or is it just people with less clothing on?'" Explaining the online resistance to sex scenes, some have pointed to the fact that younger generations, millennials and Gen Zers, have different attitudes than older audiences.

Persons: Henry Cavill, Penn Badgley, Blake Lively, Jameela Jamil, —, Matthew Vaughn, Cavill, I'm, Vaughn, WxQDIHSXSz, — Lisa, He's, there's, they're, Neal McDonough, Charles Brandon, Gen Zers Organizations: Service, Netflix, UCLA

☆ Feeling poor compared to your neighbors can harm your health
▼ + stars: | 2024-02-10 | by ( Allie Kelly | ) www.businessinsider.com time to read: +5 min

That's according to a recent study by public health experts in Canada who found stark income inequality is causing a mental health crisis. AdvertisementIt assessed Census income data, community health survey data, and hospitalization and death rates since 2006. AdvertisementResearchers said these indicators of declining community health are directly tied to economic conditions. People with less money might have a more difficult time accessing medicine and mental health services compared to their wealthier neighbors. Improving public health outcomes and reducing social stigma around money needs to start on a broad scale by addressing economic disparities, she said.

Persons: —, Claire Benny, Benny said, ” Benny, “, Vivek Murthy, Schwab, Zers, Benny, ” Organizations: Service, Business, Census Bureau, Public Health Ontario Locations: Canada

☆ Gen Z doesn't know how to dress for work. Here are 5 fashion tips to elevate your workwear, according to stylists.
▼ + stars: | 2024-02-10 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +8 min

We chatted to two corporate stylists to find out how the younger gens can elevate their work style:1. You should be covered 'from nips to knees'Maree Ellard styled in a corporate outfit. Invest in some great work shoesIt's time to put aside those casual Nike Air Force 1 sneakers and invest in more stylish work shoes, Teich says. Play around with accessories, details, and colorMaree Ellard styled in a corporate outfit. Keep the designer logos to a minimumMaree Ellard styled in a corporate outfit.

Persons: —, Zers, Ryan Vogel, they're, Maree Ellard, Maree, Ellard, Liz Teich, Teich, It's, Kate Hart Finnigan, Adidas Stan Smiths, it's Organizations: Service, Business, Fox School of Business, Temple University, eBay, Invest, Nike Air Force, Adidas Locations: Australia, New York, Zara

☆ It seems like everyone you know is moving. But our grandparents' generation actually did it much more.
▼ + stars: | 2024-02-10 | by ( Erin Snodgrass | Alcynna Lloyd | ) www.businessinsider.com time to read: +9 min

But while overall migration is down, state-to-state moves are slowly on the rise again. Nearly 20% of all Americans moved each year from the mid-1940s through the 1960s, according to census data . The Great Recession in 2008 hobbled the economy and slowed migration, sending the overall rate to 11 or 12%, according to census data. Getty ImagesLong-distance moves are on the upWhile the overall migration rate is low, big moves are slowly on the rise. Younger people are more likely to make big moves, according to census data.

Persons: —, James Gregory, Gregory, Gregory said, Jim Crow, Gregory . Migration, deindustrialization, Brookings, Matthew, he’s, Rose Kemp, millennials, Florida ., X, Zers, Marie Bailey, Dallas, ” Bailey Organizations: Service, University of Washington, Gregory ., Brookings Institution, Golden State, realtors, Community Survey, Realtors, Business, Matthew Bank, ” Bank, Orlando Regional Realtor Association, Survey, University of Minnesota's Locations: Texas, New York, California, Florida, Detroit, California , Oregon, Washington, Midwest, nonresponse, Golden State for Texas, Georgia, X . Texas, migrators, millennials, homeownership

☆ A workplace expert says Gen Zers posting videos of themselves getting laid off online are seeking 'validation' because they feel lonely
▼ + stars: | 2024-02-09 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +4 min

Read previewThe youngest generation at work have found a new way to vent their frustrations at working in corporate America: filming themselves getting laid off or fired, and posting it on social media. "From the Gen Z perspective, this woman feels like a hero," Schawbel said about Pietsch. She got followers, she got attention, because of the algorithm and the echo chamber that surrounds her on social media, and on TikTok especially." Social media fame, likes, followers, and comments might create a facade of social connection for some lonely Gen Zers. A lot of recruiters would be wary of hiring someone like that because company’s "don’t want to be the next victim" of a social media rant.

Persons: —, Brittany Pietsch, Zers aren’t, they’re, virality, Dan Schawbel, Schawbel, Ben Voyer Organizations: Service, Business, Workplace Intelligence, Harvard Graduate School of Education, BI, Social, Gen Locations: America, Cloudflare

☆ Has happy hour been replaced? A recent report shows this after-work activity is the new norm
▼ + stars: | 2024-02-08 | by ( Renée Onque | ) www.cnbc.com time to read: +2 min

According to a recent report by Gympass, a hub used by corporations to extend wellness activities to their employees, working out is the new "happy hour" for professionals. Additionally, Saturdays and Sundays were the least popular days when people logged that they were doing something wellness-related, according to the report. Tuesday was the most popular day that people noted they were going to the gym, attending fitness classes and other wellness services. 3 most popular days to engage in wellness activities, respectively. The shift to less happy hours and more time for fitness tracks with the trend that we're seeing to a higher emphasis on wellness.

Persons: Gympass, Gen Z

☆ Millennials and Gen Z saw their wealth balloon during the pandemic
▼ + stars: | 2024-02-07 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +3 min

A new analysis from Liberty Street Economics finds younger Americans saw their net worths swell. That might be because their new pandemic stimulus let them invest more. Coming into the pandemic, Americans under 40 were holding just under 6% of all US wealth, according to Liberty Street Economics, even as they made up just under 40% of adults. And it was a boon: Americans under 40 — who comprise both Gen Zers old enough to be in the full-time workforce, and almost all millennials — saw their real wealth skyrocket by around 80%. AdvertisementThose younger Americans were willing to make riskier investments, as the analysis notes, perhaps due to just how far out they are from retiring.

Persons: —, That's, Xers, Gen Zers, Rajashri Chakrabarti, Natalia Emanuel, Ben Lahey, Gen Z Organizations: Liberty Street Economics, Service, Liberty Street, Federal Reserve Bank of New Locations: Federal Reserve Bank of New York, —

☆ Over 18 million rental units are exposed to climate hazards as extreme weather becomes more common, Harvard study finds
▼ + stars: | 2024-02-07 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +5 min

D3sign | Stone | Getty ImagesExtreme weather and climate hazards are becoming more frequent, posing a unique threat not only for homeowners, but for renters. Over 18 million rental units across the U.S. are exposed to climate and weather-related hazards, according to the latest American Rental Housing Report from Harvard University's Joint Center for Housing Studies. While they're a smaller share of the rental stock, 52% of manufactured units are located in areas with extreme weather exposure. "It's sort of a compounding risk when we see these increases in climate hazards and start impacting people who can't afford to move away from the risk." Check what type of disasters are included in your renters insurance policy.

Persons: Sophia Wedeen, Jeremy Porter, Wedeen, Porter Organizations: Harvard University's, for Housing Studies, Harvard, FEMA, Survey, Joint Center for Housing Studies, Finance, NOAA National Centers for Environmental, First Street Foundation Locations: U.S, New York

People of color who moved to Texas said they were attracted by jobs and more-affordable homes. Census data indicates that in 2023, Texas led the nation in population growth, welcoming 473,000 people, the most new residents of any state. Millennials comprised 40.5% of people moving to Texas from 2021 to 2022, and Gen Zers made up about 30%. The Texas Demographic Center's analysis of the 2020 census found that 95% of the state's population growth was associated with a rise in people of color. Are you a person of color who recently moved to — or moved out of — Texas, and wants to share your story?

Persons: —, Jasmine Cambridge, Cambridge, she's, Austin, I've, Austin —, They've, Gen Zers, Lauren Leining, RubyHome, Holly Heard, Anna Lagos, San Antonio —, we'd, Alcynna Lloyd Organizations: Service, Wells, Bank of America, US, Brookings Institution, Americans, Cambridge, Lagos, BI Locations: Texas, Atlanta, Austin, Cambridge, California, New York, Minnesota, Dallas, Houston, what's, Mexico, Mexican, Lagos, San Antonio, New Braunfels, —, — Texas, alloyd@businessinsider.com

☆ McDonald's says its chicken options are now just as popular as beef
▼ + stars: | 2024-02-06 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

McDonald's makes as much money from chicken products as from beef burgers, its CEO said Monday. McDonald's told investors in December that it planned to offer the McCrispy in almost all its markets globally by the end of 2025. We've also added smoked chicken wings, and that was a direct response to Gen Z." Taco Bell's former CEO Mark King told Bloomberg that its Gen Z customers were increasingly opting for chicken over beef. Wendy's told BI that its Spicy Chicken Nuggets were especially popular among Gen Zers.

Persons: McDonald's, Chris Kempczinski, —, Ian Borden, Kempczinski, McSpicy, Chick, Laura Dickey, we've, hasn't, We've, Gen, Taco, Mark King, Wendy's, Zers Organizations: Service, KFC, Gen, Bloomberg, Morning Locations: Singapore

☆ Gen Z prefers paychecks over promotions, survey says
▼ + stars: | 2024-02-06 | by ( Allie Kelly | ) www.businessinsider.com time to read: +4 min

Advertisement"Since 2021, Gen Z has been living with rates of inflation not seen in the US in decades," the Standard reported. AdvertisementAccess to loans, a strong 401(k) retirement account, and reliable insurance coverage are benefits that Gen Zers expect from employers. Over 90% of Gen Zers and millennials said they're considering leaving their jobs, per a 2023 LinkedIn survey. AdvertisementBy offering intentional tools toward sustained economic stability, The Standard said companies will have better luck recruiting and retaining Gen Z workers. Are you a Gen Z worker and willing to share details about your economic stability goals and how you plan to achieve them?

Persons: —, Zers, Gen Z, Gen Zers, X, millennials Organizations: Service, Business, Bureau of Labor Statistics, Standard Locations: homebuying

☆ Gen Z is turning to influencers for financial advice. A new report dives into 4 main reasons creators are impacting investment decisions.
▼ + stars: | 2024-02-05 | by ( Shriya Bhattacharya | ) www.businessinsider.com time to read: +5 min

Financial influencers are also benefiting from the rising consumer demand for longer-form online content . Distrust in traditional financial institutions is driving Gen Z to more 'relatable' advisorsMost participants reported being skeptical of traditional banks and personal finance advisors. Preece said the rebound of long-form content suits the needs of financial influencers because they can take 10 minutes to explain a concept instead of 30 seconds. "There's more time for an audience to really digest the information and reflect on it, because most financial topics are complex," he said. Gen Zers also said they loved that the financial tips on YouTube, TikTok, and Instagram were free.

Persons: —, Gen Zers, Rhodri Preece, Zers, there's, Preece, Reece Organizations: Service, CFA Institute's Research, Policy, CFA Institute, YouTube, Business Locations: France, Germany, Netherlands

☆ A 70-year-old who finally found a solution to a lifetime of loneliness says the friendships he's made are worth the cost
▼ + stars: | 2024-02-04 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

But when someone mentioned a "senior village" in Seattle to him, he decided to give it a shot. Senior villages are a nationwide network of community-based nonprofits that connect older adults to others in their area through resources and activities. AdvertisementA network of sponsors funds senior villages, and members of the villages can pay from $150 to $425 a year, depending on their level of involvement. AdvertisementMeanwhile, other older adults are working on innovative ways to form connections later in life. Grossman said he's hopeful that the government will take more steps to address the loneliness epidemic and pay more attention to the challenges older adults are facing.

Persons: —, Rick Grossman, Grossman, he's, There's, didn't, that's, Vivek Murthy, Zers, Joe Lamy Organizations: Service, Business, University of Michigan, Village Network Locations: Pennsylvania , Texas , California , New Jersey, Seattle

☆ Baby Boomers are approaching 'peak burden' on the economy
▼ + stars: | 2024-02-04 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +6 min

A wave of retiring Boomers means the generation will soon be at "peak burden" to the economy. It's the Baby Boomers, who are aging fast and approaching their "peak burden" years in regard to their drag on the economy and the resources of younger generations. Advertisement"The peak burden is [when] all the baby boomers have hit retirement," Millar told Business Insider. And it isn't the case that Baby Boomers will derail economic growth nearly as much as, say, a full-blown recession, according to Dean Baker, an economist who described the Baby Boomers as a "time bomb" in a 1998 paper. In 2022, empty-nester baby boomers owned 28% of large homes in the US, a Redfin analysis found, double the share of millennial families.

Persons: —, Zers, Jonathan Millar, Millar, Dean Baker, That's, Boomers, David Rosenberg, Baker, Gen Organizations: Boomers, Service, Barclays, National Association of Realtors, Chamber of Commerce, Rosenberg Research, Social, Insurance Trust Fund, Social Security Administration Locations: Millennials

☆ Death of Fringe Friendships: Making Gen Z Sad, Hurting Job Prospects
▼ + stars: | 2024-02-01 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +16 min

One of the biggest reasons for our shrinking social circles is the loss of fringe friends — casual friends that you enjoy seeing occasionally. These relationships might seem trivial or inconsequential, but experts and research indicate that fringe friends are vital. But now these fringe friend groups are disappearing, and we're all worse off for it. AdvertisementGlimmers of hope for Gen ZThe decline in fringe friends has also created a generational divide when it comes to who's doing well socially. There's no real solution to the loss of fringe friends.

Persons: Nikol Moses, Moses, Gen, would've, That's, —, Gen Zers, It's, Juliana Horowitz, Daniel Cox, Cox, what's, he'd, we've, Danielle Bayard Jackson, Long, Evan Paul Cudworth, Cudworth, Anna Goldfarb, I've, he's, Pew's Horowitz, Jackson, she'd, Goldfarb, it's, — Moses Organizations: Brisbane —, IRL, Pew Research Center, Gallup, Pew, American Survey, Survey, Survey Center, American Enterprise Institute, bodega, Federal Reserve Bank of Philadelphia, Facebook, Social, DMs, Pew Research, American Locations: Melbourne, Brisbane, Brooklyn, New York

☆ Top workers are more likely to want to quit when companies have strict return-to-office mandates
▼ + stars: | 2024-02-01 | by ( Tim Paradis | ) www.businessinsider.com time to read: +4 min

Top workers are 16% less likely to want to stay in a job when an employer is strict on office days. A firm return-to-office mandate can also put off workers in general, according to Gartner. AdvertisementIf you're a star at work but your boss makes you head into the office, you're more likely to start hunting for a new gig. Research from Gartner indicates that high-performing workers are 16% less inclined to stay in their jobs when employers roll out strict return-to-office mandates. "What leaders often get wrong is thinking that employees are just trying to do less work or get more out of their companies," Duffy said.

Persons: —, Gartner, Caitlin Duffy, Duffy, they're, millennials, Gartner, there's, Zers, they've Organizations: Gartner, Service, Research, UPS, Workers, Employees

☆ Should you pay rent with a credit card? 'It could rapidly spiral,' expert warns
▼ + stars: | 2024-01-30 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +1 min

Housing is typically one of the biggest expenses in someone's budget, and it's natural to wonder about the best way to pay that bill. For renters, sometimes it's possible to pay with a credit card. While you could earn rewards and build credit by doing so, experts say it's typically not a smart move. They simply "may not want the hassle," said Matt Schulz, senior credit analyst at LendingTree. Here are three things to consider before you charge your rent payment to a credit card.

Persons: Susan M, Matt Schulz Organizations: Wharton School, University of Pennsylvania, Finance, LendingTree

☆ DINKs in their 50s who are on track to retire early explain what being childfree has meant for their lifestyle and finances
▼ + stars: | 2024-01-30 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +6 min

They didn't necessarily set out to become DINKs, but it's a lifestyle that's worked well. AdvertisementWendy and Steve Thomas didn't necessarily set out to be DINKs, but it's a lifestyle that's worked out for them. Wendy Thomas, 55, and Steve Thomas, 51, are a California-based couple in a growing legion of Americans who are DINKS — households that are double income, with no kids. It's a lifestyle they "fell into," according to Steve Thomas, who works in the golf maintenance industry. AdvertisementAnd the couple isn't out proselytizing the DINK lifestyle, although it can elicit a lot of questions from strangers.

Persons: Wendy, Steve Thomas, that's, —, Steve Thomas didn't, Wendy Thomas, They've, DINK, she's, Steve, they're, Gen, Zers, DINKs, there's, it's Organizations: Service, redwoods, Census Bureau, Federal Reserve's Survey, Consumer Finances Locations: California, Southern California

☆ Nostalgia From Movies, Songs, Games Is Good for Happiness, Innovation
▼ + stars: | 2024-01-30 | by ( Clay Routledge | ) www.businessinsider.com time to read: +9 min

To them, nostalgia might even cause people to be discontent with the present and pessimistic about the future. Studies indicate that feeling lonely increases nostalgia and that nostalgia, in turn, increases feelings of social connectedness. Americans 45 and older were more likely than those under 45 to view nostalgic memories as reminders of what's important and as sources of inspiration and guidance. That isn't surprising; older adults have more life experiences to draw from. Every one of them has stories of nostalgic inspiration — life experiences that sparked their passion.

Persons: Mario, Zelda, —, Gen Zers, There's, We've, it's, we've, I've Organizations: Mario Bros, Pew

☆ From loud budgeting to girl math, here’s what you should know before taking financial advice from TikTok
▼ + stars: | 2024-01-30 | by ( Jessica Dickler | ) www.cnbc.com time to read: +2 min

Between girl math, loud budgeting and cash stuffing, the trendiest financial advice is increasingly born on TikTok. That's helped financial TikTok, also known as FinTok, take off. Now it's one of the most popular sources for financial information, tips and advice, particularly among Generation Z. The hashtag #FinTok, representing just the financial TikTok community, has more than 4.7 billion views on the platform. Finfluencers appeal to Gen Z investors because they produce educational and engaging content that is instantly accessible and, even better, free, the report found.

Persons: That's, Gen Z, Gen Zers, Young, Zers, Gen, Finfluencers, Rhodri Preece Organizations: Finance, YouTube, CFA Institute Locations: TikTok

☆ Younger workers are actually using AI on the job less than Gen X and millennials
▼ + stars: | 2024-01-27 | by ( Aaron Mok | ) www.businessinsider.com time to read: +3 min

Digital natives like Gen Z may appear to be more open to using AI than older workers. Gen Xers and millennials employed in the US were found to use ChatGPT at work more than Gen Zers. Surprisingly, the consulting giant found that older American workers appear to be more open to using AI than their younger counterparts. For some Gen Zers, using AI has helped in their jobs. While some studies find that generative AI has saved hours of work, others suggest that using ChatGPT can make workers perform worse.

Persons: Young, Xers, millennials, Zers, —, Ernst & Young, Gen, they've, Marcie Merriman, Merriman, Gen Zers —, doesn't, Z, Dan Diasio, Morgan Young Organizations: Ernst, Service Locations: Americas

☆ How Stanley went from making sturdy bottles for laborers to becoming an 'it' status symbol, and causing chaos at Target stores across the US
▼ + stars: | 2024-01-27 | by ( Grace Dean | ) www.businessinsider.com time to read: +10 min

"Every time we linked it, it would sell out so quickly," LeSueur told The New York Times. The Buy Guide had to pay for warehouse space and shipping and handling fees, but was allowed to keep the profits, The Times reported. "It was a big risk," LeSueur told CNBC. AdvertisementThe Buy Guide placed another wholesale order for 5,000 – and they sold out in an hour, Retail Dive reported. Reilly told CNBC that Stanley was making more products available with each drop but still wanted "a little bit of scarcity" to create a buzz.

Persons: —, Stanley, They've, Alphas, William Stanley Jr, Grace Dean, restocking, Ashlee LeSueur, Taylor Cannon, Linley Hutchinson —, LeSueur, Emily Maynard, Maynard, Terence Reilly, Reilly, he'd, Crocs, Frederic J . Brown, TikTokers, Bon Appétit, Stanley's Quenchers, Lainey Wilson, aren't, Gen Zers, Alpha, Casey Lewis, Lewis, –, Zers, they'll, Grace Mary Williams, it's, Kaitlin Gostel, Barnes, Noble, Harry Potter, Gostel, I've Organizations: Service, Business, Instagram, New York Times, CNBC, Times, The Times, Wall Street, Getty, Target, Starbucks Locations: Brooklyn, workdays, Crocs, AFP, Pendleton

☆ In many ways, Gen Zers are better off than their parents were 30 years ago, but fewer are financially independent — here's why
▼ + stars: | 2024-01-27 | by ( Jessica Dickler | ) www.cnbc.com time to read: +2 min

However, Gen Z adults are also less likely to own a home, be married or have children. Pew surveyed about 1,500 adults between the ages of 18 and 34 and more than 3,000 parents of adult children. Gen Z is generally defined as those born between 1996 and 2012, including a cohort of teens and tweens. Now, 25% of young adults live in a multigenerational household, up from just 9% five decades ago. Meanwhile, as living with mom and dad has become more common for young adults — it's also more socially acceptable, according to Parker.

Persons: Gen, Pew, Zers, Kim Parker, they've, Nicole Smith, that's, Janet Yellen, — it's, Parker Organizations: Pew Research Center . Pew, Georgetown University Center, Education, Workforce, CNBC, Treasury, Pew Research Center

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