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Read previewGen Zers may think they are digitally savvy and immune to online scams, but that very thought may leave them vulnerable to being lured into nefarious schemes. AdvertisementScams are always evolving, and the tricks Gen Zers believe they are wise to may be replaced by increasingly technologically advanced schemes they don't see coming. AdvertisementPeople are still processing the years lost to the pandemic, particularly Gen Zers, whose brains were still developing, Neo added. "This can make us more impulsive, less thoughtful of our choices, and can be a risk factor for romance scams," Neo said. Gen Zers understand what it's like to struggle, with many facing economic instability and having difficulty with bills, rent, and finding jobs.
Persons: , Zers, Bryn Thompson, Gen Xers, Lauren Hendry Parsons, Hendry Parsons, Kevin Lee, Gen Z, Lee, scammers, It's, it's, zoomers, They're, Gen Organizations: Service, Business, National Cybersecurity Alliance Locations: Canada
If you're looking to build wealth, traditional forms of investment aren't going to get you there — at least according to young, rich people. For younger wealthy investors, though, stocks come in behind seven other types of investments, including real estate, cryptocurrency, private equity and direct investment into companies. Klontz says that younger wealthy investors may be falling victim to some of the same cognitive biases that regular investors do — and it may be holding them back from maximizing their returns. Young people have ignored traditional advice 'for thousands of years'In general, it's not surprising that younger investors, regardless of wealth level, want to chart a different path than older generations. DON'T MISS: How to master your money and grow your wealth Older investors tend to favor the returns offered by stocks, because that is what has historically delivered returns.
Persons: Brad Klontz, Klontz, it's, Everything's, They're Organizations: of America Private Bank, Wealthy, Creighton University
If Bill Gates had to start all over again, he'd join the artificial intelligence arms race with an "AI-centric" startup, he says. "Today, somebody could raise billions of dollars for a new AI company [that's just] a few sketch ideas," the billionaire Microsoft co-founder tells CNBC Make It. Gates researched the AI industry for his upcoming Netflix docuseries "What's Next? But AI will be transformative enough as it grows for any new tech startup to consider how it can fit into that industry, Gates says. "I was lucky that my belief in software made me unique," says Gates, adding: "Just believing in AI, that's not very unique.
Persons: Bill Gates, he'd, Gates, Allen, that's Organizations: Microsoft, CNBC, Google, Nvidia, Netflix, CNN
In this year's World Happiness Report, which ranks 143 countries across measures of life satisfaction, the United States came in at No. This is the first time in the report's 20-year history the U.S. has not ranked in the top 20. 10 for happiness, those younger than 30 ranked 62nd. Experts say a wide range of factors could be affecting today's youth including social media use, climate change, and lack of class fluidity. Perel believes young Americans' emphasis on being their most authentic selves comes at the expense of forming connections.
Persons: Esther Perel, Perel Organizations: Centers for Disease Locations: United States
Despite not having a high school diploma or college degree, he started multiple successful businesses that allowed him to financially support his family. During her senior year of high school, Wakeham was struggling to decide on her post-graduation route. US Census Bureau data found the enrollment rate of high school graduates at 61.4% in October 2023 was slightly down from 62% in 2022. Indeed, even as some Gen Zers don't think college is the best path for them, recent data has shown that college continues to provide long-lasting benefits when it comes to careers and earnings. Some high schools have shifted to place a greater emphasis on alternative routes since the pandemic.
Persons: LeLaina Wakeham, Wakeham, didn't, Zers, Zach Hyrnowski, Hyrnowski, we've, Hrynowski, that's, Hannah Maruyama, Maruyama, Jared Polis, — she's Organizations: Service, Business, Gallup, Walton Family Foundation, Colorado Gov, Bureau of Labor Statistics, Reinventing Public Education, roundtables Locations: Mexico, New England
There are 4.2 billion social media users around the world, according to linking tool company Linktree's 2022 Creator Report. Williams has been a full-time creator since quitting her previous job as a data analyst in 2022. Williams usually starts working around 8 a.m., including emails, video editing and planning content. Their Facebook page has 5.7 million followers, their TikTok has 6.1 million followers and their YouTube page has 634,000 followers. There's not a single content creator I've ever talked to that hasn't dealt with online abuse."
Persons: they're, Victoria Bachan, Taylor Lorenz, it's, Hannah Williams, Williams, Caroline Lasher, Lasher, She'll, videographer, she'll, Leslie Mosier, Doug, Pug, Lorenz, There's, I've, hasn't, She's, she's Organizations: Whalar, NeoReach
The overall strategy and schedule are still being finalized for the Obamas, the people familiar with their plans said, and they will take their direction from the Harris campaign about what’s needed on the campaign trail. During Michelle Obama’s speech at the DNC in Chicago, she implored Democrats to not just support Harris this November but “do something” to help her win. The Obamas and Clintons would have had some role in the home stretch of the Biden campaign had it continued. One person close to the planning said now they can help with different constituencies Harris needs to win over in November. First lady Jill Biden has also pledged to campaign for Harris in the fall, with a possible focus on education.
Persons: WASHINGTON —, Barack Obama, Bill Clinton, Michelle Obama, Hillary Clinton, Kamala Harris ’, Harris, , Eric Schultz, Obama, IWillVote.com, Schultz, it’s Harris, Joe Biden, Michelle Obama’s, Harris ’, Biden, He’s, Clinton, Donald Trump, Jill Biden, Josh Shapiro, California’s Gavin Newsom, Cory Booker, Laphonza Butler Organizations: WASHINGTON, Democratic, Convention, persuadable, DNC, Biden Locations: Los Angeles, Chicago, Georgia, Philadelphia, Sens, D
Ron DeSantis’ administration is once again advising against the mRNA vaccines: this time in the most vulnerable residents. In updated guidance for health care providers released Thursday, the Florida Health Department and state Surgeon General Joseph Ladapo questioned the safety and effectiveness of the mRNA Covid vaccines from Pfizer and Moderna, including for older adults and people with underlying health problems. Dr. Paul Offit, a vaccine expert at Children’s Hospital of Philadelphia, said the Florida surgeon general's guidance is unnecessarily alarming people about the Covid vaccines. "The mRNA vaccines are remarkably safe," he added. The CDC currently recommends everyone ages 6 months and older get an updated Covid vaccine this fall from any of the three options.
Persons: Ron DeSantis ’, Joseph Ladapo, Nature Cardiovascular Research ​, Paul Offit, Offit, They’re, Isaac Bogoch, , Boguch, Ladapo Organizations: Florida Health Department, Pfizer, Moderna, Nature Cardiovascular Research, Children’s Hospital of Philadelphia, Food and Drug Administration, United States, University of Toronto, CDC, Emergency Locations: Florida, U.S
HONG KONG — China said Friday it would raise its retirement age for the first time in decades, as the world’s second-largest economy struggles with falling birth rates and an aging workforce. The country’s top legislative body approved a draft proposal to gradually implement the changes, state media reported Friday. China's retirement ages are among the lowest in the world and had remained unchanged since they were set in the 1950s. For those born in 1965, retirement would be delayed by one month, according to a chart published by Xinhua, China’s state-run news agency. The changes have been the subject of heated discussion among the Chinese public since they were proposed earlier this year.
Persons: China's, Young Organizations: National People’s, Xinhua Locations: HONG KONG — China, China’s, Weibo
Hong Kong CNN —For decades, Chinese workers have wrapped up their working lives at relatively young ages: 60 for men and as early as 50 for women. The announcement sparked immediate widespread discussion – and backlash – across Chinese social media. Some social media users appeared encouraged that the changes weren’t more drastic and included some flexibility. Major protests erupted in France in 2023 in response to a government attempt to raise the retirement age from 62 to 64. Even for those of working age, employment remains a steep challenge following the pandemic and a raft of government-led industry crackdowns in recent years.
Persons: , Yuan Xin, Yuan, Demographers, It’s Organizations: Hong Kong CNN, Xinhua, Communist Party, Weibo, China Population Association, Nankai University, for Economic Co, Development, Social, Communist, Ministry of Civil Affairs, Chinese Academy of Social Sciences, Employers Locations: Hong Kong, Beijing, China, Tianjin, France, Communist China
Across the state, Native American children are overrepresented in the foster care system, while there is a shortage of Native American foster parents. “If it’s a mom that can’t provide diapers or if there’s a young person that has a need for shoes, then we want to try to help support that need,” Manuel said. Today, she helps fill in gaps and provide resources for all Native American children. Ultimately, she says her work is about building safe, positive, and culturally sensitive homes for all Native American children, no matter who is caring for them. I want kids to come and feel like their sense of identity and culture is right there,” Manuel said.
Persons: Elisia Manuel, , ’ ” Manuel, “ That’s, Manuel, Tecumseh, Elisia Manuel — Allie Torgan, ” Manuel, , , , Allie Torgan, they’ll Organizations: Arizona CNN, Apache, CNN Locations: Sacaton, Arizona, Gila, American
The one time she didn't join me was the honeymoon I spent with my former husband in 2008. I never went on vacation with girlfriendsBefore and after my marriage, I spent every break with the people who raised me. Around his mid-50s, he decided he didn't like traveling much and generally preferred to stay at home. But Mom went ahead and enjoyed herself, thinking it was funny. Meanwhile, I'm turning 44 in November and have decided to celebrate with a trip to Bali.
Persons: , Minreet Kaur, I'd, I've, Kaur, We've, Mom, I'm Organizations: Service, Business Locations: Sri Lankan, Kandy, North Wales, Canada, India, Europe, Valencia, Las Vegas, Abu Dhabi, Cyprus, Sri Lanka, Japan, Bali
Meta is teaming up with Snapchat and TikTok as part of a new initiative to prevent content featuring suicide or self-harm from spreading across the social media platforms, Meta said Thursday in a blog post. Under Thrive, Meta will identify content that features suicidal themes or self-harm and flag that content to TikTok and Snapchat so they can also investigate if the same or similar content has been posted to those apps. When content featuring suicide or self-harm is identified on a Meta platform, it will be assigned a number known as a “hash,” according to the spokesperson. Social media platforms, including Meta, TikTok and Snapchat, have long been criticized for not doing more to moderate content that teens consume, including video and images of self-harm. In its blog post Thursday, Meta said that it removed 12 million pieces of content featuring suicide and self-harm from Facebook and Instagram from April to June.
Persons: Meta, ” Antigone Davis, Organizations: Meta, Mental Health Coalition, Tech, Apple, Google, National Library of Medicine, Facebook
WASHINGTON — Venezuelan opposition leader María Corina Machado told Senate Foreign Relations Chairman Ben Cardin on Wednesday that support from the United States is a “moral reference” for those protesting the government of President Nicolás Maduro, according to a summary of the call obtained first by NBC News. A bipartisan group of senators, including Cardin, issued a joint statement supporting the opposition before the call took place Wednesday. The call with Cardin was the first time Machado has spoken with a U.S. official since González’ exile. Despite that, and the exile of González, Machado insisted that her opposition campaign is still strong and reiterated that Venezuelans are united. “If all Venezuelans that are abroad or young people that were not allowed to register had voted, the result would have been 90 to 10,” against Maduro, Machado said on the call.
Persons: WASHINGTON, María Corina Machado, Ben Cardin, Nicolás Maduro, ” Machado, Cardin, Machado, Maduro, Edmundo González, González, , , ” Sen, Maria Corina Machado, Ben Cardin’s, ” Cardin Organizations: Foreign, NBC News, U.S, Electoral Council, Sunday, Human Rights Watch, . Refugee Agency, Maduro Locations: Venezuelan, United States, D, Venezuela, Spain
The hotly anticipated results are in from a landmark pair of major clinical trials of a long-acting, injectable HIV-prevention drug that only requires dosing every six months. The pharma giant has already secured approval for the injectable drug in treating highly drug-resistant HIV. Given the clear statistical superiority of lenacapavir over Truvada, the trial’s blinded phase will now be ended several months early. When taken as prescribed, Truvada is over 99% effective at preventing HIV; Descovy is comparably effective. This chorus is sure to get louder now that lenacapavir is officially highly effective at protecting gay and bisexual men and trans people as well.
Persons: lenacapavir, , Jared Baeten, , ” Jen Kates, ” Gilead, Gilead, Truvada, ViiV Healthcare’s, Amy Killelea, Jirair Ratevosian, Hansel Tookes, ” Tookes, Dr, Boghuma, “ lenacapavir, Tim Horn Organizations: Gilead Sciences, pharma, NBC, Food and Drug Administration, Disease Control, PrEP, Yale School of Nursing, University of Miami Miller School of Medicine, NBC News, Southern, Affordable, CDC, Emory University Locations: Gilead, United States, , U.S, Australia, United Kingdom, Arlington , Virginia, America, South Africa, Thailand, Truvada, Atlanta, Saharan Africa
Now, the Harris campaign says it’s seeing an unprecedented rush of volunteers in the state, especially young adults. “It’s certainly going to help the Harris campaign,” Dinan said, though he added just how much Swift moves the needle is an open question. “We care about the issues that every other person on the ballot is looking at.”Health care has been a huge issue for the Harris campaign, particularly in North Carolina. One of every 5 North Carolina residents is Black, and there is a growing number of Latino voters. “Republican leadership in North Carolina is tested and has proven to have a superior ground game,” he said.
Persons: Kamala Harris, Donald Trump’s, Trump, Barack Obama, There’s, Josh Stein, Mark Robinson, Harris, Donald Trump, , Dory MacMillan, Joe Biden, Biden, Carolinians, , John Dinan, Taylor, “ It’s, ” Dinan, Swift, Anderson Clayton, “ Young, ” Clayton, Matt Mercer Organizations: Democratic, Republican, Gov, “ Voters, Quinnipiac University, Trump, Biden, Wake Forest University, General Services Administration, Democratic Party, Appalachian State University, University of North, Chapel Hill, MSNBC, Democrats, GOP Locations: GREENSBORO, N.C, , North Carolina, Carolina, University of North Carolina, Black
Beijing/Hong Kong CNN —Married for seven years, Hansen and his wife Momo care for six little ones at their apartment in downtown Beijing. By 2030, the number of pets in urban China alone will almost double the number of young children across the country, according to its projection. The country’s pet ownership rate would be even higher if the number of dogs and cats in rural areas were included. Its birth rate also dipped to 6.39 births per 1,000 people, the lowest rate since the founding of Communist China in 1949. I think it’s just that we love dogs,” Hansen said.
Persons: Hong Kong CNN —, Hansen, Momo, , Beijing hasn’t, they’ve, Justin Robertson, Goldman Sachs, Mao Zedong’s, Goldman, It’s, , Tao, CNN Tao, CNN Stuart Gietel, aren’t, Basten, “ We’re, ” Hansen, Xi Jinping Organizations: Hong Kong CNN, Research, CNN, Publishing, Authorities, Communist, Hong Kong University of Science, Technology Locations: China, Beijing, Hong Kong, Australia, France, India, Japan, East China's Jiangsu, Communist China, Basten
Read previewA wave of younger buyers are about to enter the housing market in a trend that could spark a boom for homebuilders, according to one housing analyst. That's because young Americans are itching to buy a home, and they'll likely enter the housing market in droves once mortgage rates come down, he told CNBC in a recent interview. AdvertisementThe 30-year fixed mortgage rate hovered around 6.35% the last week, Freddie Mac data shows, close to their lowest level since early 2023. Yet, 89% of existing homeowners have a mortgage rate below 6%, Redfin found in a survey at the start of the year. Mortgage rates, though, could be slow to come down, housing experts say.
Persons: , Phillip Ng, they'll, We've, Ng, Freddie Mac, Redfin, Pricing's Organizations: Service, Jefferies, CNBC, Business, Buyers, National Association of Realtors, Builders, Mortgage Locations: Redfin
Pop superstar Taylor Swift endorsed Vice President Kamala Harris' presidential candidacy on Tuesday night after the high-stakes debate with former President Donald Trump, calling the Democratic nominee a "steady-handed, gifted leader." "I will be casting my vote for Kamala Harris and Tim Walz in the 2024 Presidential Election," Swift said in a post on Instagram to her more than 283 million followers. Swift's endorsement came as a surprise to the Harris campaign, two campaign officials told NBC News. Swift threw her support behind President Joe Biden and Harris during the 2020 presidential election. In the Instagram post, Swift also criticized social media users who have circulated images generated by artificial intelligence falsely stating that she had endorsed the Trump-Vance ticket.
Persons: Taylor Swift, Kamala Harris, Donald Trump, Tim Walz, Swift, heartened, Harris, I’ve, Sen, JD Vance, Benjamin Button, Joe Biden, Marsha Blackburn, Phil Bredesen, Blackburn, Vote.org, Vance, Trump, , Donald Trump’s, Swifties, Kamala, We’ve, Taylor, Irene Kim Organizations: Democratic, Minnesota Gov, NBC News, Biden, Blackburn's Senate, Republicans, Trump, GOP Locations: Instagram, R, Ohio
On 9/11, the first meme dropped at 8:56 a.m. "That is a big fucking hole in the World Trade Center sirs!" 9/11 jokes, in other words, often have very little to do with 9/11. AdvertisementUnlike Domineau or those anonymous SomethingAwful posters, many people making and spreading 9/11 memes today are too young to remember 9/11, if they were alive at all. She says 9/11 memes have always been popular with her cohort. Domineau says it's only natural for young people to take 9/11 jokes to the next extreme.
Persons: NAEM, DogWelder, Brad Pitt's, Tyler Durden, monkeu, BUSH, Thom Yorke, THOM, Gilbert Gottfried, Jaroslav Hašek, Jan Chovanec, ike H, oke, hing, hite, ingle, alvin K, amar, laine, hatter, ike Organizations: World Trade Center, Facebook, Twitter, World Trade, United Airlines Flight, Radiohead, Empire, International, of Humor Research, ard, ust Locations: New York, Czech, pec
Stagecoach Group, a UK-based travel company, first launched Megabus in the UK in 2003 and then brought it to the US in 2006. Along with Greyhound, Megabus became one of the two mega-carriers in the United States. The intercity bus industry is not in complete disarray, but things are not going great there. Bus industry insiders also note that they're often treated as an afterthought by policymakers even though they carry tens of millions of people each year. He emphasized that bus travel can be environmentally sustainable, too, compared to everyone driving their own cars or flying.
Persons: Megabus, Andrew Savikas, Peter Pan, John Stepovy, FlixBus, Joseph Schwieterman, Schwieterman, hadn't, Scott Michael, it's, Michael, Kai Boysan, BoltBus, Fred Ferguson, who's, Ferguson, It's, They've, They're, I'd, Wanderu, Stepovy, Emily Stewart Organizations: Coach USA, Equity, USA, Stagecoach Group, Greyhound, North America, DePaul University, Stagecoach, Fullington Trailways, US, United Motorcoach Association, FlixMobility, Flix, American Bus Association, Lake Holdings, Alden Global Capital, Atlantic City, Day, Labor, Business Locations: Los Angeles, Chinatown, Busbud, United States, Asia, Flix North America, Wanderu, Philadelphia, Dallas, Chicago, Cleveland, Boston, New York, FlixBus
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe wave of young people buying homes will be a tailwind for builders, says Jefferies' Philip NgPhilip Ng, Jefferies senior building products analyst, joins 'Power Lunch' to discuss the outlook for home builders and the impact from inflation on them.
Persons: Jefferies, Philip Ng Philip Ng
SYDNEY, Australia — Australia plans to set a minimum age limit for children to use social media citing concerns about mental and physical health, drawing a backlash from digital rights advocates who warn the measure could drive dangerous online activity underground. Prime Minister Anthony Albanese said his center-left government would run an age verification trial before introducing age minimum laws for social media this year. The law would put Australia among the first countries in the world to impose an age restriction on social media. Representatives of Meta, the owner of Facebook and Instagram, which has a self-imposed minimum age of 13, YouTube owner Alphabet and TikTok were not immediately available for comment. Australia has one of the world’s most online populations with more than four-fifths of its 26 million people on social media, according to government and tech industry figures.
Persons: Anthony Albanese, Albanese, , ” Albanese, , Daniel Angus, Jordy Kaufman Organizations: Australian Broadcasting Corp, European Union, Meta, Facebook, Queensland University of Technology Digital Media Research, Swinburne University, University of Sydney Locations: SYDNEY, Australia
Australia plans a minimum age limit for social media use
  + stars: | 2024-09-10 | by ( ) edition.cnn.com   time to read: +3 min
Australia intends to set a minimum age limit for children to use social media, citing concerns about mental and physical health. Prime Minister Anthony Albanese said his center-left government would run an age verification trial before introducing age minimum laws for social media this year. The law would put Australia among the first countries in the world to impose an age restriction on social media. Australia has one of the world’s most online populations, with four-fifths of its 26 million people on social media, according to tech industry figures. But the inquiry has also heard concerns about whether an age limit would inadvertently harm younger people by encouraging them to hide their online activity.
Persons: Anthony Albanese, Albanese, , ” Albanese, TikTok, , Daniel Angus, we’re Organizations: Australian Broadcasting Corp, European Union, Meta, Facebook, YouTube, University of Sydney, Queensland University of Technology Digital Media Research Locations: Australia
Australia's putting an age limit on social media this year. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Prime Minister Anthony Albanese said the government is planning new age limits for social media to protect young people's mental and physical health, Reuters reports.
Persons: Anthony Albanese, , Albanese Organizations: Service, Australian Broadcasting Corporation, Business
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