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After surging across the border last week, Russia’s army appears to be advancing more slowly in northeastern Ukraine, Ukrainian officials and military analysts said on Wednesday, with the two sides engaged in fierce combat around villages about five miles from the border. In a sign of the concern that Russia’s northeastern offensive is causing in Kyiv, President Volodymyr Zelensky of Ukraine canceled his participation in all international events for the coming days, including a visit on Friday to Spain where he was expected to sign a security agreement. Civilians continued to flee areas of northeastern Ukraine under heavy shelling by Russian forces, the Ukrainian officials said, warning that their troops had to contain relentless assaults and that the situation on the ground could change fast. Gen. Kyrylo Budanov, the head of Ukraine’s military intelligence agency, told Ukrainian television on Tuesday that conditions in the area under attack were moving “toward stabilization,” with additional Ukrainian units being rushed in to repel Russian advances. But he added that “the situation is quite tense and is changing very quickly.”
Persons: Volodymyr Zelensky, Kyrylo Budanov, Locations: Ukraine, Kyiv, Spain, Russian
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. A new report, "The Future of News: Ad Adjacency Study," challenges this conventional wisdom and indicates the focus on brand safety in news advertising might be misguided. The report also sought to measure how large an audience advertisers might be missing out on by advertising alongside only certain topics. "Brand safety — or at least when it comes to news advertising — really doesn't promote desirable social goals because it defunds the ability to report news." Penn told BI he was hopeful the report would help create a more productive relationship between media publishers and advertisers.
Persons: , Mark Penn, Stagwell, Axel Springer, Donald Trump, Joe Biden, Penn, Gen, Biden, Trump, Maggie Milnamow Organizations: Service, Business, Politico, The New York Times, Street Journal, Washington, Harvard, Harris, Republicans
AP Photo/Evgeniy Maloletka, FileThe war has shown how effective air defenses can be at denying air superiority, protecting key areas, and threatening high-value aircraft, as well as the costs when capabilities are degraded. Ukraine's air defenses, like its Soviet-era S-300s and US-supplied Patriots, have defeated enemy missile and drone strikes, hindered Russian air operations, and shot down numerous fighter-bombers and other Russian planes. "Ukraine and NATO might reduce risks with a two-prong strategy of strengthening air defenses and boosting infrastructure resilience." Needing more interceptors for the PacificFrom the fights this year, the US can see how it'll need to employ air defenses in a potential showdown with China. Running out of air defenses before the enemy runs out of air threats spells trouble.
Persons: , Bradley Martin, Evgeniy, Volodymyr Zelenskyy, Firefighters, Archer Macy, Martin, Shaan Shaikh, We've, Amir Cohen TPX, Shaikh, it's, Andy Wong, Thomas Shugart, Shugart, Joshua Smoot, Heath Collins, Navy Carlos Del Toro, Macy, Mark Wright Organizations: Service, Business, US Navy, Ukraine, AP, Patriots, Institute for, Emergency, Ministry, RAND Corporation, NATO, Western, Central Command, Combat, Navy, RAND, Patriot, US, Missile Defense, Center for Strategic, International Studies, REUTERS, China, Pentagon, Defense, Center, New, Air Force, 37th Expeditionary Bomb Squadron, Andersen Air Force Base, US Air Force, Aegis, Missile Defense Agency, Former Navy, CSIS, Pacific Missile, AP Air Locations: China, Ukraine, Israel, Navy, Russia, Congress, Avdiivka, Kharkiv, Russian, Kyiv, NATO, Yemen, Gulf of Aden, Iran, Red, Screengrab, French, Ashdod, South Korea, Japan, Guam, Beijing, New American, Gen, Kauai, Hawaii
Younger workers are foregoing higher education as costs continue to remain top of mind — and the value of a college education isn't what it used to be. On Wednesday, Deloitte released a survey on Gen Z and millennial attitudes toward the world and their financial conditions. That comes as over half of Gen Z and millennials are living paycheck to paycheck, per the report — a continued trend among younger workers. For both Gen Z and millennials, the cost of living is their top concern, with Gen Z also concerned about potential unemployment. Still, younger adults' perceptions toward higher education seem to skew away from overall attitudes toward a postsecondary degree or credential.
Persons: Gen, millennials, Zs, Elizabeth Faber, Gen Z, Faber, YouGov, hasn't, they're Organizations: Service, Deloitte, Business, Deloitte Global Chief People, Gallup, Lumina Foundation
AdvertisementMoving to London can be tough if you're used to American salaries and social lifeI've looked into moving to New York. My friend who moved to New York when I moved to London started at $80,000. One of my favorite things about London is anytime people from home come over, I'm like, "Let's take a trip." I want to try other cities, but I think I'm just going to end back up in London. I really love London.
Persons: , Gladys Nkengasong, I've, Nkengasong, Let's, let's, It's, I'm Organizations: Service, Business Locations: Atlanta, Ivory Coast, England, Southampton, London, New York, Canada, Europe, France
Russian security agents detained a senior general early Tuesday, widening a purge of the country’s sprawling Defense Ministry amid President Vladimir V. Putin’s broader shake-up of his government. Lt. Gen. Yuri Kuznetsov, who oversaw the ministry’s personnel department, was detained on an accusation of “large-scale” bribery, Russia’s Investigative Committee, a federal law enforcement agency, said in a statement on Tuesday. His detention came after Mr. Putin unexpectedly removed his long-serving defense minister, Sergei K. Shoigu, from his post and replaced him with a member of his economic team. Prosecutors said General Kuznetsov received a bribe from “commercial interests” between 2021 and 2023, when he worked on the protection of state secrets at the Armed Forces’ General Staff. The prosecutors claimed that security agents discovered cash equivalent to $1 million and luxury items during a search of General Kuznetsov’s home.
Persons: Vladimir V, Yuri Kuznetsov, Putin, Sergei K, General Kuznetsov, Kuznetsov’s Organizations: Mr, Prosecutors, Armed Forces ’, Staff
And recent grads aren’t just finding any job, they’re finding good jobs. Not all is well: The EPI study found that racial and gender wage gaps still remain large among recent grads. GameStop shares tripped multiple circuit breakers — a temporary and mandated halt in trading to let investors cool off for a bit. Robinhood denied claims on social media on Monday that it had once again halted GameStop stock purchases on its platform. Robinhood has not shut down the purchase of Gamestop shares,” Robinhood spokesperson Anupriya Ghate said in a statement to CNN.
Persons: it’s, , Katherine deCourcy, Elise Gould, , Z, Z’ers, Krystal Hur, Keith Gill, Roaring Kitty, Gill, Robinhood, , Anupriya Ghate, ” Shein, Shein, CNN Shein Organizations: CNN Business, Bell, New York CNN, Economic Policy Institute, Stanford Institute for Economic Policy Research, Employers, GameStop, AMC, Partners, AMC Entertainment, Gamestop, CNN, Workers, Public, Public Eye Locations: New York, Black, Swiss, Guangzhou, China
Read previewEstonia has been "seriously" discussing sending troops to Ukraine in roles positioned away from the front lines, per a national security official. Advertisement"Discussions are ongoing," Roll told Breaking Defense. Breaking Defense reported that Roll made these comments on Friday, just days after the country's defense chief, Gen. Martin Herem, told the outlet that Estonia had internally talked about sending troops to Ukraine. Related storiesEstonia is one of the geographically closest NATO members to Russia, with an eastern border shared with the Russian regions Pskov and Leningrad. AdvertisementThat's about 1.6% of its total GDP, more than any other nation that has supplied Ukraine with aid.
Persons: , Madis, it's, Roll, Martin Herem, Herem, Emmanuel Macron, Ingrida Šimonytė Organizations: Service, Defense, Business, Atlantic Treaty Organization, Breaking Defense, NATO, Lithuanian, Financial Times, Kyiv, Kiel Institute Locations: Estonia, Ukraine, Russia, Pskov, Leningrad, Ukraine Tallinn, Baltic States, NATO, Kyiv, Europe, Finland
German Air Force Eurofighter Typhoon fighter jets fly during a media day. Piroschka van de Wouw/ReutersDespite their generational differences, the F-22 Raptor and Eurofighter Typhoon actually have a number of things in common. A German air force Eurofighter Typhoon taxis toward the runway at Eielson Air Force Base in Alaska before departing for a combat-training mission, June 11, 2012. So what's the verdict between the F-22 Raptor and Eurofighter Typhoon? A composite image showing a German air force Eurofighter Typhoon jet and a US Air Force F-22 Raptor.
Persons: , Valerie R, David Cenciotti's, Piroschka van de Wouw, it's, Randy Gordon, Sam Eckholm, doesn't, Rich Wells, Thomas Wiegold, John P, Michael Holzworth, It's, Marc Gruene, haven't, Gruene, isn't, Jens Stoltenberg, Bernd Wüstneck, Eurofighters, Chris Jung, That's, Eric Wicklund, Erich Hartmann, He's, Alex Muller, Andreas Pfeiffer, who's, Thomas Bergeson, Wade Tolliver, we're, Dirk Smith, Mike, Bertie Simmonds, Micheal Jordan, Chesty Puller Organizations: Service, EA, German Eurofighter Typhoons, Business, Eurofighter, Spangdahlem Air Base, US Air Force, Tactical Air Force, America's Raptors, BFM, Germany's Eurofighter, Farnborough, Air, Germany's, German Air Force Eurofighter, Reuters, Typhoon, MIT, RAF, Breaking Defense, AIM, Air Force, Staff, Raptors, Eielson Air Force Base, Tech, Germany's Air Force, Combat Aircraft, TVC, Raptor, NATO, Tactical Air, Getty, Typhoons, Seoul International Aerospace, Defense, Eurofighters, 4th, US Navy, KC, Red Flag, Navy SEAL, ISIS, Qaeda, Flag, FS, Eurofighter Typhoon Locations: Germany, Alaska, Red, Estonia, Vietnam, Flag Alaska, gun's, American
Over the last year, roughly 8.9% of credit card balances transitioned into delinquency, the New York Fed found. Credit card rates top 20%At the same time, credit cards have become one of the most expensive ways to borrow money. As the federal funds rate rose, the prime rate did, as well, and credit card rates followed suit. "With the Fed likely to keep rates higher for longer, credit card rates should remain high for the foreseeable future," Rossman said. What to do if you're in credit card debt
Persons: Bankrate, Ted Rossman, Rossman Organizations: Federal Reserve Bank of New, New York Fed Locations: Federal Reserve Bank of New York
Now Christie, like Cohen, is a former Trump associate trying to take the former president down. Cohen is rare in the universe of Trump associates since he both turned on Trump and went to prison. Many of the other Trump aides and associates who faced jail eventually got pardons or clemency and still support the former president. Trump’s pardon helped Bannon avoid prosecution in the border wall scheme, but Bannon may yet go to prison. Trump issued the Flynn pardon shortly after losing the 2020 presidential election.
Persons: Michael Cohen, Donald Trump, Charles Kushner, Kushner, , Chris Christie, Christie, Jared Kushner, Trump’s, Cohen, Trump, Manafort, Paul Manafort, Manafort –, He’s, Bannon, Steve Bannon, Pardoning Bannon, Navarro, Peter Navarro, he’s, Stone, Flynn, Roger Stone, Michael Flynn, Rikers Trump, Allen Weisselberg, Weisselberg, Jonathan Karl, Cohen’s Organizations: CNN, Trump, New, New Jersey Gov, US, Manafort, Republican, Convention, Trump White House, Department of Justice, ABC News Locations: New York City, New Jersey, Mexico, Russia
Galitzine's sexuality-spanning filmography is unique in that it's been pretty evenly split between gay and straight roles. Galitzine's focus on multi-dimensional characters makes him the heartthrob Gen Z wants and needsNicholas Galitzine as George Villiers in "Mary & George." StarzIt's remarkable that Galitzine has effectively built his career playing a number of commercial gay roles when it used to be true that "playing gay" could destroy an actor's career. On the flip side, there's a certain amount of discomfort with Galitzine, who has said he identifies as straight, playing queer roles. But it's clear he'll still keep playing roles across the spectrum of sexuality.
Persons: , Nicholas Galitzine, Galitzine's, I'm, Galitzine's bashfulness —, who'd, Luke Perry, Prince Robert, Camila Cabello, Anne Hathaway, Mary, George, Anne Hathaway's, Galitzine, Hayes Campbell, Hayes, Hathaway's Solène, Hathaway, Solène she's, Michael Showalter, Nick, Showalter, Cathy Schulman, He's, Chalamet, Jacob Elordi, Alex, Henry, Jonathan Prime Hayes, George Villiers, King James I's, it's, Armie, he's, Gen, Z Organizations: Service, SXSW, Business, Starz, Gay Locations: Austin, Hollywood, Galitzine, British
John Cleese is a Miu Miu man
  + stars: | 2024-05-14 | by ( Leah Dolan | ) edition.cnn.com   time to read: +3 min
CNN —A black crewneck, mid-wash jeans, white blazer and a distressed denim Miu Miu cap. Or is the senior a dedicated Miu Miu man? John Cleese's denim Miu Miu cap retails for $550. Originally billed as the spry, sometimes juvenile sibling to grown-up Prada, Miu Miu has not so much rebranded as redefined its vision of youth. Kristen Scott Thomas walked the runway for Miu Miu in September.
Persons: Miu, Sydney Sweeney, Emma Chamberlain — it’s, octogenarian John Cleese, Cleese —, Monty Python, , , Miu Miu, Cleese, Camilla Cleese, Robin Williams, Jean Paul, Gaultier, Issey Miyake, Alexander McQueen, John, Prada, spry, , , Miuccia Prada, Kristen Scott Thomas, Emma Chamberlain, Ayo Edebiri, Emma Corrin, Qiu Huilan —, Chris Evans, Michael Palin, Terry Gilliam, , Evans Organizations: CNN, Paris Fashion, Virgin Radio Locations: British, Paris
Israel is observing Memorial Day, a somber annual commemoration that has taken on added significance this year in the aftermath of the Oct. 7 attack and the war it ignited. Roughly 1,200 people were killed and 250 taken hostage on Oct. 7, according to the Israeli authorities. “Memorial Day is always special in Israel, but this year will be even more intense.”For Israelis whose loved ones are still in Gaza, the day is particularly painful. On Monday evening, the Memorial Day observances will end and Israel will shift to celebrating the country’s 76th Independence Day. Her two children, Yagil and Or, were taken hostage on Oct. 7 and held in Gaza for weeks.
Persons: Benjamin Netanyahu, Israel’s, Mount, Herzi Halevi, , Eyal Brandeis, Brandeis, , Goren’s, Avner, Nir Oz, Goren, Renana Gome, Gome’s, Yair, ” Ms, Gome, ” Johnatan Reiss Organizations: Monday, Palestinian Locations: Mount Herzl, Jerusalem, Israel, Gaza, Sufa, Ramat Gan, Tel Aviv
In today's big story, we're looking at the people preparing for the collapse of the financial system . The big storyPreparing for the worstAdobe; Chelsea Jia Feng/BIOpinions fluctuate on the economy, but one group has a decidedly strong take. In the subreddit r/economiccollapse, users are preparing for a Soviet Union-type fall of the US economy , writes Business Insider's Jennifer Sor. Further down the economic totem pole, ALICEs (asset limited, income constrained, employed) are struggling to make ends meet . 3 things in techAlex Wong/Getty Images, STR / Contributor/Getty Images, Stephane De Sakutin/Contributor/Getty Images, Abanti Chowdhury/BIHow Mark Zuckerberg turned against the news.
Persons: , Chelsea Jia Feng, Jennifer Sor, Jennifer, aren't, Tyler, there's, Neil Dutta, Jim Simons, annualized, Alex Wong, Stephane De Sakutin, Abanti Chowdhury, Mark Zuckerberg, Zuckerberg, Rupert Murdoch, Sam Altman, Alyssa Powell, Rick Doblin, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Grace Lett Organizations: Service, Business, Chelsea, Macro, Renaissance Technologies, Big Tech, Apple, FDA, FOX Locations: Soviet Union, China, Washington, Beijing, New York, London, Chicago
TubiHow Tubi found a Gen-Z audienceTubi, which was acquired by Fox in 2020 for $440 million, didn't deliberately aim at Gen Z when it started in 2014. Because Gen Z spends so much time on social media, they're used to entertainment being free. "Gen Z is orienting themselves around shared interests, subculture interests. The plan is to turn fans into promotors, recognizing that Gen Z is heavily influenced by their friends' recommendations; the initiative is in beta. My thesis is not that people are going to cancel their Netflix subscriptions and go running to Tubi," Parlapiano said.
Persons: Tubi, Peacock, Max, Gen, Nicole Parlapiano, It's, it's, Rupert Murdoch, Fox, There's, didn't, they're, Parlapiano, we've, Carter, Anne Hathaway, Bijou Phillips, Joseph Gordon, Levitt, Chris Baker, Issa Rae's, Bridgerton's, Nicola Coughlan Organizations: Service, Fox, Nielsen, Disney, Hollywood, Business, YouTube, Netflix, FAST, ColorCreative, promotors Locations: Tinder, Tubi
Sarah Paulson Dares to Play the People You Love to Hate
  + stars: | 2024-05-13 | by ( Julia Jacobs | ) www.nytimes.com   time to read: +1 min
Sarah Paulson still doesn’t fully understand why fans call her “mother.”At first, when she started seeing the word used online to describe her, she was bewildered and a bit irritated. Did these people really think she looked like their mother? “How did this happen to us?” Paulson wondered about her and Pascal, a longtime friend. “We were two 18-year-old kids who used to go to Sheep Meadow and smoke pot and go see Peter Weir movies. How did we become the mother and father of children on the internet?”For Paulson, the answer is a 30-year career that has wound its way from television bit parts to meaty lead roles as fraught real-life people.
Persons: Sarah Paulson, , , Pedro Pascal, ” Paulson, Pascal, , Peter Weir, Paulson, Ryan Murphy
By Ganesh Bukka, Vice President & Global Head, Industry 4.0, Hitachi Digital ServicesData is supposed to unlock operational efficiency and productivity. OT and IT integration can enable business agility, optimize operations, help businesses hone their competitive edge, and inform decision-making so they can quickly seize emerging business opportunities. Data integration supports intelligent decision-making, which in turn supports business continuityThe real-world perspective is essential because this is not a theoretical discussion. Realize OT and IT integration with an industry-experienced partnerAchieving that level of performance requires the intelligent integration of OT and IT. Learn more about how Hitachi Digital Services partners with companies to integrate OT and IT and empower informed decision-making.
Persons: Ganesh Bukka Organizations: Global, Industry, Hitachi Digital Services, Hitachi, Insider Studios
A US commander appeared to suggest UK special forces were operating in Ukraine. Gen. Bryan Fenton told The AP that the US was "taking a lot of lessons" from UK special forces in Ukraine. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA US commander has appeared to suggest that UK special forces were operating in Ukraine. In an interview with The Associated Press, Gen. Bryan Fenton, the Commander of US Special Operations Command (USSOCOM), spoke about plans to restructure Green Beret teams based on lessons from British special forces in Ukraine.
Persons: Bryan Fenton, , Fenton Organizations: AP, UK Ministry of Defence, Service, Associated Press, Operations Command, Green Beret, Air Force, Business Locations: Ukraine
At Indiana University, protesters say they've been met with a militarized response from police. AdvertisementOn April 25, a day after Indiana University made a controversial change to its protest policies, students built an encampment on the school's Dunn Meadow. Isabella Volmert/AP PhotoShe joined the campus protests on April 25 alongside her husband, an IU staff member. From Vietnam to the Israel-Hamas WarWhen Dunn Meadow was established in 1969, official university policy dictated that overnight encampments were not allowed. AdvertisementThe Indiana University Police Department did not immediately respond to a request for comment from BI.
Persons: they've, , Dunn, Pamela Whitten, Whitten, Barbara Dennis, Isabella Volmert, Dennis, Jia Wu, haven't, Z Bryce Greene, Greene, Jeremy Hogan Organizations: Indiana University, Service, Business, Indiana University's School of Education, Occupy, IU, New York Times, Columbia, City College of New, Hamilton Hall, Columbia University, Getty, College, Kent State University, Ohio National Guard, Indiana University Police Department, Palestine Solidarity Committee, Naval Surface Warfare, University, Indiana University's, Faculty, UNICEF Locations: Israel, Vietnam, Gaza, Dunn, Iraq, City College of New York, New York City, AFP, Kent, Palestine, Crane , Indiana, Indiana
Jean Smart Is Having a Third Act for the Ages
  + stars: | 2024-05-12 | by ( J Wortham | ) www.nytimes.com   time to read: +2 min
The slight is hurled early on in “Hacks,” the popular HBO series starring Jean Smart as Deborah Vance, a seasoned comedian who teams up with a younger one named Ava (Hannah Einbinder) to freshen up her act. Deborah, meanwhile, sees Ava as a bit of a hack herself — an entitled and spoiled young internet persona who was canceled for posting a joke about a closeted senator. Deborah is a workaholic on the verge of bitter, someone who grew tired of being cut and so became a knife. Just how far is Deborah Vance willing to go? In one of the show’s funniest moments, Deborah bluntly asks Ava, “You a lesbian?” Ava leans back in her chair while considering the question.
Persons: Jean Smart, Deborah Vance, Ava, Hannah Einbinder, Deborah —, Deborah, , Z, , ” Ava, Deborah doesn’t, Rachel Maddow’s Organizations: HBO Locations: Las Vegas
How do you feel about painted furniture?" Halfpoint Images/Getty ImagesDemand is up for vintage wood furniture — without paintPart of the backlash certainly stems from the current state of the furniture industry, in which it's increasingly difficult to get your hands on brand-new, high-quality furniture. As a result, the secondhand furniture market is booming, with vintage furniture sellers proliferating on places like Instagram and Facebook Marketplace. The flippers said most of the hate comments tend to come from flips of midcentury modern furniture, in particular, a beloved and lasting design aesthetic from around roughly the 1930s to 1970s. Despite all the vocal online haters of painted furniture, there's a reason furniture flippers do it: the pieces sell.
Persons: , Christina Clericuzio, grandma, Clericuzio sanded, Clericuzio, TikTok, Jennifer Beck, flipper, Gen Z, it's, she's, she'd, Beck, It's, Mike Coleman, he's, Coleman, Christina Clericuzio's Organizations: Service, Business, United Furniture, Facebook, The Washington Post, Big, Ikea Locations: Connecticut, Tennessee, Anthropologie, Mesa , Arizona, Chicago
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The recent quip on Blind came from a worker at a large tech company commenting on word of more job cuts at Google. There's little doubt that for some tech workers, this gallows humor feels spot-on after waves of layoffs at some of the industry's biggest names — including Google, Microsoft, and Tesla. Elon Musk told staff last month that Tesla will lay off 10% of its workers. Advertisement"They think that their brand is bulletproof," Cascio said, referring to big-name tech companies.
Persons: , Elon Musk, Tesla, Sundar Pichai, Pichai, Sandra Sucher, Harvard Business School who's, Wayne Cascio, who's, Cascio, Rich Otto, he'd, Harvard's Sucher, Zers, Caroline Ogawa, Ogawa, That's, Gartner's Ogawa Organizations: Service, Google, Microsoft, Tesla, Business, Bloomberg, Harvard Business School, University of Colorado, LinkedIn, Gartner, Social Locations: University of Colorado Denver, Silicon
“The move into wedding wear makes sense so long as it’s not a distraction from their core business,” Stichter said. “For these bridal collections to land with Gen Z, It’s important that these brands tap into the way that Gen Z shops. Gen Z is always online, but 97% of US Gen Z still shop in-store,” Rees said. With wedding dresses in particular, one trend that emerged during the pandemic was the popularity of black wedding gowns. Boot Barn has a new western-themed wedding collection of bridal dresses, cowboy boots, hats and accessories priced mostly at $400 and below.
Persons: Gen Zers, Taylor Swift, , Janine Stichter, Millennials, ” Stichter, ” Carey Collins Krug, , won’t, Allyson Rees, Gen Z, ” Rees, Gen, they’re, Rees, it’s, ” Lisa Zlotnick, “ There’s, Isha Nicole, ” Nicole Organizations: New, New York CNN, Abercrombie, Fitch, Abercrombie & Fitch Co, CNN, Locations: New York, California, Los Angeles, Las Vegas
Gen Z is getting hit hard by inflation
  + stars: | 2024-05-12 | by ( Krystal Hur | ) edition.cnn.com   time to read: +8 min
For Gen Z, it was the Covid-19 pandemic. Why are we seeing that Gen Z is tapping into their credit more than their Millennial counterparts 10 years ago? Most Gen Z consumers are not homeowners. And so I think that’s been a big cause of what’s been driving a lot of that financial strain that Gen Z consumers have seen. The key is to not use the personal loans to pay off credit card debt and then run your credit card bills right back up after you do that.
Persons: TransUnion, Zers, Millennials, Gen Zers, Bell, Charlie Wise, we’ve, haven’t, You’re, Rishi Sunak, Hanna Ziady, Anna Cooban, Philip Jefferson, Loretta Mester, Jack, Neel Kashkari Organizations: CNN Business, Bell, New York CNN, Gross, Office, National Statistics, Bank of England, P, Federal, Cleveland Fed, Depot, US Labor Department, Cisco Systems, US Commerce Department, National Association of Home Builders, Index, Minneapolis, Walmart, Applied, Co, Baidu, Board Locations: New York, Kingdom, Wells Fargo
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