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☆ Wealthy millennials and Gen Z are redefining philanthropy
▼ + stars: | 2024-10-10 | by ( Robert Frank | ) www.cnbc.com time to read: +3 min

Wealthy millennials and Gen Zers are redefining the world of charitable giving, seeing themselves more as activists than donors, according to a new study. Older donors give from of a sense of responsibility. Those over the age of 44 were more than twice as likely to give due to "obligation" than younger donors. Those under 43 were more likely to cite self-education and the influence of their social circle as drivers of their philanthropy. The younger wealthy are still building their fortunes and inheriting their wealth, so they're more likely to give their time and help fundraise.

Persons: Robert Frank, millennials, Zers, Gen Xers, Dianne Chipps Bailey, fundraise, Bailey, They're Organizations: Bank of America Private Bank

☆ My homeowner nightmare
▼ + stars: | 2024-10-10 | by ( Vishal Persaud | ) www.businessinsider.com time to read: +11 min

The moment I saw I had an email from my solar company, I knew my nightmare was about to take another unsettling turn. But he didn't know any more than I did about how much longer my solar panels would remain useless. Meanwhile, my solar panels have been sitting on my roof for four months, entirely unused, taunting me from above. AdvertisementI also reached out to California's Contractors State License Board, which regulates solar companies, asking what recourse SunPower's customers had. But it seems ludicrous to buy a solar system that I had no intention of buying in the first place.

Persons: I'd, SunPower, it's, —, Severin Borenstein, Ernst & Young, Gordon Johnson, Johnson, Forbes, David F, Larcker, Brian Tayan, Pavel Molchanov, Raymond James, There's, haven't, I'm, Vishal Persaud Organizations: Pacific Gas and, Berkeley's Haas School of Business, Nasdaq, GLJ Research, Stock, Industry, Sun Solar, California's Contractors, Board, Business Locations: Fresno , California, New York City, California, America, Fresno, —

☆ Alums of $16 billion Tiger Cub Lone Pine have struggled to hack it on their own — with one notable exception
▼ + stars: | 2024-10-10 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +7 min

In the past five years, four other alums have either shuttered or stopped trading hedge fund strategies. It's the latest spinoff from long-running Tiger Cub Lone Pine Capital to shutter. Lone Pine, the $16 billion firm led by co-chief investment officers Kelly Granat and David Craver, was founded in 1997 by billionaire Steve Mandel. Inside the Lone Pine family treeGaonkar's experience is far from the norm for Lone Pine alums though. Firms like Lone Pine, Tiger Global, Coatue, Viking Global, Maverick, Light Street, and others have lasted for decades and minted billionaires along the way.

Persons: Scott Coulter's, Mala Gaonkar, —, Coulter, Cowbird, Pine, Kelly Granat, David Craver, Steve Mandel, Mandel, Julian Robertson's, Lone, Coatue, redemptions, Gaonkar, David Byrne, SurgoCap, Abobe, David Stemerman's, Scott Phillips, Matt Iorio's, Li Ran's, Brian Eizenstat's, Paul Eisenstein's, Nikhil Trikha, Arthur Wit, that's, Andreas Halvorsen's, Dan Sundheim's, Ben Jacobs, Ning Jin, Marco Tablada, Robertson, Tom Purcell Organizations: Service, Business, Lone Pine, Julian Robertson's Tiger Management, Cubs, Roberston's Tiger Management, Tiger, CNBC, Nvidia, GE, Figma, Pine, Latimer, Elm, Sky Capital, CenterBook Partners, Ampersand Capital Group, Global, Fund Research, Tiger Cub, Tiger Management, Viking Global, Viking Locations: Lone, Lone Pine, Granat, Texas, Li Ran's London, California, Viking

☆ We are expecting an 'uptick' in volatility, says Neuberger Berman's Holly Newman Kroft
▼ + stars: | 2024-10-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe are expecting an 'uptick' in volatility, says Neuberger Berman's Holly Newman KroftHolly Newman Kroft, Neuberger Berman private wealth managing director, joins CNBC's 'Money Movers' to discuss her reaction to today's CPI report, how to invest with expected volatility to end the year, and what she expects from the Fed moving forward.

Persons: Neuberger, Holly Newman, Holly Newman Kroft, Neuberger Berman Organizations: CPI

☆ Stellantis is struggling. Here's why
▼ + stars: | 2024-10-10 | by ( Robert Ferris | In | ) www.cnbc.com time to read: +3 min

American car brands Jeep, Ram, Dodge and Chrysler are struggling under their new owner. The European-American giant Stellantis is the world's fifth-largest automaker by volume, according to S&P Global Mobility. But Stellantis did better than that. 2023 was a banner year: record sales, record profits, record free cash flow. Out of all brands in the U.S., Stellantis vehicles have some of the highest inventories of vehicles on dealer lots, according to Cox Automotive.

Persons: Daniel Roeska, Bernstein, Stellantis, Stephanie Brinley, Carlos Taveres, Roeska Organizations: Dodge, Chrysler, P Global Mobility, Groupe PSA, Italian Fiat Chrysler, Products, Jeep, RBC Capital, Cox Automotive, United Auto Workers Locations: Italian, North America, U.S, America, China

☆ Need for more production cuts in the Lithium market, says analyst
▼ + stars: | 2024-10-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNeed for more production cuts in the Lithium market, says analystMichael Widmer, the managing director and head of metals research at Bank of America Global Research, discusses the Lithium market and Rio Tinto's announcement it is acquiring Arcadium.

Persons: Michael Widmer Organizations: Bank of America Global Research, Rio

☆ Ratan Tata, the former chairman of Indian conglomerate Tata Sons, dies at age 86
▼ + stars: | 2024-10-09 | by ( ) www.cnbc.com time to read: +2 min

Ratan Tata, a former chairman of Indian conglomerate Tata Sons, died at a Mumbai hospital on Wednesday night. Tata Sons chairman N Chandrasekaran confirmed Tata's death and described him in a statement as his "friend, mentor, and guide." Prime Minister Narendra Modi described Tata as a visionary leader, and a compassionate and an extraordinary human being. Google CEO Sundar Pichai, said Ratan Tata left behind an extraordinary business and philanthropic legacy and he was instrumental in mentoring and developing modern business leadership in India. "My last meeting with Ratan Tata at Google , we talked about the progress of Waymo and his vision was inspiring to hear," Pichai said on X.

Persons: Ratan Tata, N Chandrasekaran, Tata, Narendra Modi, Modi, Harsh Goenka, Sundar Pichai, Pichai, Mukesh Ambani, Ratan Tata's, Anand Mahindra, Padma Bhushan Organizations: Tata Sons, Tata, Google, Reliance Industries, India Inc, Tata Group, Mahindra Group, Padma, Jaguar, Rover, Ford Locations: Mumbai, boardrooms, India

☆ Less than half of Americans believe they're on track for retirement. Here's how to know and what to do if you're not.
▼ + stars: | 2024-10-09 | by ( Laila Maidan | ) www.businessinsider.com time to read: +4 min

A divide exists about reaching financial goals between confident and uncertain savers. Inflation and market volatility are major obstacles to achieving retirement savings goals. AdvertisementThere's a divide in America between the savers and investors who feel confident they're on track to achieve their financial goals and those who think they're not. Respondents cited inflation as the biggest obstacle to reaching retirement goals, followed by stock-market volatility, expenses, credit card debt, and child education. For example, if you're 35 with an income of $100,000, you should have between $100,000 to $200,000 set aside for retirement.

Persons: —, Rob Williams, Charles Schwab, boomer, Gen, Williams, you've, there's Organizations: Service, Schwab Center, Financial Research Locations: America

☆ Recession fears are fading. Now it’s time for America’s companies to back that up
▼ + stars: | 2024-10-09 | by ( Krystal Hur | ) edition.cnn.com time to read: +4 min

New York CNN —Hopes for avoiding a recession are growing on Wall Street. Now, investors are looking to the upcoming earnings season for clues about the US economy’s health. The earnings season begins in earnest Friday with quarterly updates from big banks including JPMorgan Chase, Wells Fargo and BlackRock. Wall Street will also parse the September Consumer Price Index report and wholesale inflation figures due later this week. Wall Street will also eye developments from the tech companies whose mammoth stock returns have helped power this year’s bull market.

Persons: Motors, “, ”, Sarah Henry, Wells, Mark Malek, Siebert, Dave Sekera Organizations: New, New York CNN, Economic, PepsiCo, Conagra Brands, Logan Capital, JPMorgan Chase, Federal Reserve, Tech, “, FactSet, Apple, Nvidia, Communication, Morningstar Locations: New York, Wells Fargo, BlackRock

☆ UniCredit takeover of Commerzbank would create stronger group: Moody's
▼ + stars: | 2024-10-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA UniCredit takeover of Commerzbank would create stronger, more diversified group: Moody's RatingsNick Hill, managing director and co-head of global banking at Moody's Ratings, discusses Commerzbank and UniCredit's ratings in regards to a potential merger.

Persons: Nick Hill

☆ Former Google exec swears by this 3-step practice to build your reputation: I 'continue to do it every single day’
▼ + stars: | 2024-10-09 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

A former Google executive, Abouelenein is the founder and CEO of global communications firm Digital and Savvy. You can build your professional reputation in three steps, according to Abouelenein: Do good work, add value, and foster strong relationships. "Reputation is like a currency," she tells CNBC Make It. Foster strong relationshipsA good way to cement your reputation is to have people who can vouch for you. Instead of me having to promote my reputation, I decided I'm gonna do really good work and let that tell people who I am.

Persons: it's, Maha Abouelenein, Abouelenein, Mills, Weber, Halle Berry, Gary Vaynerchuk, Foster Organizations: Google, Digital, CNBC, Netflix, Uber Locations: Minnesota, Egypt, Dubai

☆ Trump versus Harris: What the November election means for defense stocks
▼ + stars: | 2024-10-09 | by ( Brian Evans | ) www.cnbc.com time to read: +9 min

No matter who voters choose, whether it is former President Donald Trump or Vice President Kamala Harris , Liwag doesn't expect a meaningful shake-up in the outlook for defense stocks. Still, the analyst notes that even cases where an administration cuts defense spending, stocks can still carve out gains. During the Obama administration, the defense budget fell 3.3%, but defense stocks gained 2.1%. The defense stocks Morgan Stanley covers have outperformed the S & P 500 since Russia's invasion of Ukraine, Liwag said. "Historically, the conventional wisdom has been that Republicans are positive for defense spending and defense stocks, while Democrats are negative," Harned said.

Persons: Bernstein, Douglas Harned, Lockheed Martin, Morgan Stanley, Kristine Liwag, Donald Trump, Kamala Harris, Liwag, Bernstein's Harned, Harned, Harris, Wolfe Research's, Tobin Marcus, Marcus, Ronald Epstein, Epstein, Trump, Northrop, Obama, Northrop Grumman, Morgan Stanley's, Michael Ciarmoli, Truist, Leonardo Organizations: P Aerospace, Defense, Industry, L3Harris Technologies, Lockheed, CNBC, " Bank of America, Democratic, Senate, Republican, U.S . House, Trump White House, Republican Senate, Trump, Abrams, Space Force, Northrop Grumman, General Dynamics, Hamas, Dynamics, Northrop, Gulfstream, Leonardo DRS, Moog, Republicans Locations: Ukraine, U.S, Russia, Crimea, Iran, Israel

☆ Meet the executive tasked with Citi's hardest challenge: getting the bank's house in order
▼ + stars: | 2024-10-09 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +18 min

For Selva, leading the Transformation is unlike any test he has faced in his three-decade career at Citi. To do so, he has to solve for Citi's decades of underinvestment in its infrastructure, which affects every business line of the bank. Under Selva, Citi was the No. Related stories"The challenge with the Transformation role is you are accountable yet not responsible," the managing director in the Transformation said. Courtesy of CitiBringing in Ryan, the bank's head of technology and business enablement, to help the bank catch up makes sense.

Persons: Jane Fraser, Anand Selva, Selva, Sen, Elizabeth Warren, We've, Fraser, Gonzalo Luchetti, Luchetti, Kathleen Martin, Martin, Mike Mayo, Tim Ryan, Mayo, Vernon Yuen, Adora Tidalgo, Anand, Jim O'Donnell, Win McNamee, Andy Sieg, Tidalgo, Phil Waxelbaum, Jeffrey Warren, Ryan, Warren, Ashutosh Nawani, Japan Mehta, Mehta, Nawani, Tom Williams, Timothy Coffey, Janney Montgomery Scott, they've, Stephen Biggar Organizations: Citigroup, Citi, Federal Reserve, Currency, OCC, Business, underperformance, BI, Citi ., Coimbatore Institute of Technology, Madurai Kamaraj University, Asia Pacific, divesting, Employees, Merrill Wealth Management, PricewaterhouseCoopers, Russell Reynolds Associates, Securities, Exchange Commission, Bloomberg, Getty, Argus Research Locations: Selva, Chennai, India, Asia, who's, Wells, Madurai, Coimbatore, China, Singapore, New York, Fraser, Europe, Ryan

☆ Global SWF: Abu Dhabi has 'always been a powerhouse' when it comes to sovereign capital
▼ + stars: | 2024-10-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGlobal SWF: Abu Dhabi has 'always been a powerhouse' when it comes to sovereign capitalDiego Lopez, founder and managing director at Global SWF, discusses the ranking of Abu Dhabi as the top city when it comes to capital managed by sovereign wealth funds.

Persons: Abu Dhabi, Diego Lopez, Abu Organizations: Abu, Global Locations: Abu Dhabi

☆ Why Google should negotiate with the DOJ
▼ + stars: | 2024-10-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy Google should negotiate with the DOJGil Luria, D.A. Davidson managing director, joins CNBC's 'Squawk on the Street' to discuss the DOJ considering breaking up Google, how Google should handle the case and what businesses it could possibly let go if needed.

Persons: DOJ Gil Luria, D.A, Davidson Organizations: Google, DOJ

☆ Ark Invest expects this tech stock to disrupt Big Tech firms
▼ + stars: | 2024-10-08 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Big Tech companies will face stiff competition over the coming years, with emerging players in software and data management taking market share, according to Ark Invest. Mega-cap U.S. firms such as Microsoft , Amazon , Google , and Oracle have led the charge in the rise of artificial intelligence. Palantir Palantir, a data analytics company, appears to be providing customized AI and data services to its customers, compared with off-the-shelf products from Big Tech giants. The value of Palantir's services becomes even more compelling when combined with AI capabilities, according to Ark's Bhushan. So Palantir goes in, and it consolidates all this data," Bhushan noted.

Persons: Rahul Bhushan, CNBC's, Bhushan, Palantir, Ark's Bhushan, PLTR Organizations: Big Tech, Invest, Microsoft, Google, Oracle, Ark Invest, Amazon Web Services, Ark Venture

☆ S&P's Dan Yergin warns of 'dangerous time' for global economy as Middle East tensions fester
▼ + stars: | 2024-10-08 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +3 min

Iran fired hundreds of ballistic missiles and drones at Israel in retaliation for an attack on an Iranian diplomatic facility in Syria. The global economy is entering a "dangerous time" like never before as Middle East tensions remain elevated, said S&P Global's vice chairman Daniel Yergin. When asked if the global economy is on the precipice of another supply shock resulting from Middle East tensions, Yergin said it's a precarious time for markets. "The betting is that the Israelis would not attack, try to attack, the nuclear facilities at this time. It is a strategically important waterway linking crude producers in the Middle East with key markets across the world.

Persons: Yergin, CNBC's, Joe Biden, Daniel Yergin, it's, —, Pavel Molchanov, Raymond James, Iran's Organizations: White House, Cuban Missile, Iran Watch, Wisconsin, U.S . Energy Information Administration Locations: Iran, Israel, Iranian, Syria, China, Hormuz, Oman

☆ Wall Street giants like Goldman quickly up their bets on Chinese markets amid stimulus promises
▼ + stars: | 2024-10-08 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

Goldman Sachs is the latest in a flurry of calls to upgrade China stocks after the Asian giant's recent wave of stimulus measures. Goldman predicts that Chinese stocks could even jump a further 15% to 20%, given the powerful comeback rally that has already occurred. It says the MSCI China index could have another 15% upside, and the CSI 300 index could enjoy a further 18% upside. In a Monday note, Citi also increased its price target for Chinese stocks. Following that, Wall Street started getting bullish on those stocks again, with Morgan Stanley predicting Chinese stocks are set to rally 10% and more.

Persons: Goldman Sachs, Goldman, Morgan Stanley, —, Vishnu Varathan Organizations: CSI, Citi, Wall, BlackRock Investment Institute, Mizuho Securities Locations: China, China's

☆ Hurricane Milton insured losses could be over $20 billion: Wells Fargo's Elyse Greenspan
▼ + stars: | 2024-10-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHurricane Milton insured losses could be over $20 billion: Wells Fargo's Elyse GreenspanElyse Greenspan, Wells Fargo managing director, joins 'The Exchange' to discuss mounting insurance claims from Hurricane Helene, what to expect in claims and damage for Hurricane Milton, and more.

Persons: Wells Fargo's Elyse Greenspan Elyse Greenspan, Wells, Hurricane Helene, Hurricane Milton Organizations: Hurricane Locations: Wells Fargo, Hurricane

☆ Morgan Stanley's Sherry Paul: It's important for investors to be 'forward-thinking'
▼ + stars: | 2024-10-07 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMorgan Stanley's Sherry Paul: It's important for investors to be 'forward-thinking'Sherry Paul, Morgan Stanley Private Wealth Management managing director, joins CNBC's 'Closing Bell' to discuss how she sees the economy, her year-end playbook, and more.

Persons: Morgan Stanley's Sherry Paul, Sherry Paul, Morgan Stanley Organizations: Morgan Stanley Private Wealth Management

☆ Adtech is undergoing an exec shake-up as investors seize control and startups enter a new era
▼ + stars: | 2024-10-07 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +9 min

Louisa Wong stepped down as chief executive of Gamut Capital-owned XR Xtreme Reach in August. In July, Dave Clark left his role as chief executive of Triplelift. Those experts — bankers, adtech executives, and consultants — told Business Insider that the revolving door is likely to continue over the next six months as investors press adtech companies for growth. AdvertisementAs TV viewing grew fragmented, several adtech companies that took on investment in recent years positioned themselves as rivals to ratings giant Nielsen. The increasing complexity for advertisers offers opportunities for adtech companies to innovate.

Persons: —, there's, Louisa Wong, Chandler Bigelow, Doug Knopper, Jo Kinsella, Dave Clark, Triplelift, Eric Roza, Ross McCray, Peter Liguori, Axios, Chris Karl, Blackstone, Mark Wright, Wright, Karl, JEGI, Prohaska's Wright, Nielsen, hasn't, There's, Megan Clarken, Criteo, Domenic Venuto Organizations: CTV, Service, Vista Equity, Vista Credit Partners, Google, Prohaska Consulting, Public, CIL Management, Amazon, Nielsen, Walmart, Progress Partners, Horizon Media

Wall Street's top performers are hard workers who tend to work long, intense hours. Business Insider asked its 2024 class of Wall Street stars about how they stay mentally sharp. Here's what we learned about the hacks, habits, and routines that help top talent on Wall Street stay on their game. The routine helps him stay present with his home life as well as work, he added. But I think those two things help me to at least stay recharged and stay ready each day," he said.

Persons: —, Mark Zhu, Craig Kolwicz, Goldman Sachs, Corey White, Nina Gnedin, Blake Cecil, Chi Chen, Robert Sapolsky, Justin Elliott, Read, Palmer Osteen, KKR's, I've, That's, Daniela Cardona, America's White, Ben Carper, it's, there's, Matthew Eid, Holm, Reinhard Dirscherl, Melissa Ding, Wells, Annie Cheslin, she's, Margaret Williams, Morgan Stanley, Williams, Apollo's Austin Anton, Erica Wilson's, deadlifted, Harrison DiGia, Patrick Lenihan, barre, Elizabeth Stone Redding, Stone Redding, Matt Gilbert, Thoma, Gilbert, I'm, Dan, Feroz Khosla, isn't Organizations: Business, Service, Blackstone, Finance, Goldman, of America, Man Group, Productivity, Bridgewater Associates, Bank of America, Fidelity Investments, RBC, Bank, America's, Jefferies, Capital Advisory, Ares Management, Getty, BlackRock, Blue, General Atlantic, JPMorgan Asset Management, TPG, Thoma Bravo, Citadel Securities Locations: Blackstone, Chicago, San Francisco, Coast, Boston, Silicon Valley, New York, I'm, Maldives, he's, Thailand, Central Park

☆ Many Americans would rather talk about politics than money. Not having those conversations can cost you
▼ + stars: | 2024-10-07 | by ( Lorie Konish | ) www.cnbc.com time to read: +7 min

Kamil Krzaczynski | AFP | Getty ImagesThere are few topics Americans would rather not talk about more than money. 'Missed opportunities' of not talking about moneyFor both couples and families, not having those crucial financial conversations can cost them, financial advisors say. Have talks 'before an emergency situation arises'On a positive note, some money conversations are happening more regularly, U.S. Bank's research found. Still, 45% of respondents say they are unaware of their parents' financial situation, U.S. Bank found. To work past financial standoffs, it helps for couples to create a more welcoming environment to engage their partners in money conversations, Cherry said.

Persons: Kamil Krzaczynski, Wells, Scott Ford, Preston Cherry, Cherry, it's, Ford, Winnie Sun, Douglas Boneparth, Boneparth, Ted Jenkin, It's, Jenkin, Couples, — Organizations: AFP, Getty, U.S . Bank, CNBC FA, Sun, Wealth Partners, CNBC FA Council, Bank, Finance Locations: Chicago , Illinois, Wells Fargo, Green Bay , Wisconsin, Irvine , California, New York City, U.S, Atlanta

☆ China stocks poised to reopen Tuesday with markets fixated on fiscal stimulus
▼ + stars: | 2024-10-07 | by ( Anniek Bao | In | ) www.cnbc.com time to read: +4 min

Qilai Shen | Bloomberg | Getty ImagesChinese investors are looking for more policy direction from China's top economic planning body on Tuesday, when mainland markets return from a week-long holiday. Before the week-long holiday, authorities unveiled a flurry of stimulus policies, including interest rate cuts, lower cash reserve requirements at banks, looser property purchase rules and liquidity support for stock markets. Chinese major indexes have surged over 25% as investors cheer on the barrage of stimulus measures. Last week, China's CSI 300 blue-chip index extended a nine-day winning streak, surging over 8% Monday, before the market closed for a week-long holiday. Now the government needs to add fiscal stimulus to maintain the rally's momentum, said Shaun Rein, founder and managing director of China Market Research Group.

Persons: Qilai Shen, Zheng Shanjie, Erica Tay, Tuesday's presser, Shaun Rein, Rein, Adek Berry, Lynn Song, Song, Gary Ng Organizations: Shoppers, Bloomberg, Getty Images, National Development, Reform, State Council, CSI, SGX FTSE, Maybank Investment Banking Group, Ministry, Finance, China Market Research, AFP, Getty, ING Locations: Nanjing, Shanghai, China, Beijing, Hong Kong, SGX FTSE China, Tuesday's, Xicheng, Greater China, Shenzhen

☆ Why so many entry-level jobs aren't entry-level
▼ + stars: | 2024-10-06 | by ( Tim Paradis | ) www.businessinsider.com time to read: +10 min

"That's really frustrating for entry-level job seekers like me," Goyenka told Business Insider. AdvertisementShe told BI that the volume of vacancies for entry-level tech roles has been declining for about three years in several countries where Generation operates. Generation found in a survey that 94% of employers required that applicants for entry-level tech jobs have experience working in a related field. Beyond raising their standards for entry-level positions, some employers in various industries simply aren't posting as many of these jobs. In a prior role, he spent more than 15 years filling staff-level tech jobs.

Persons: —, Goyenka, He's, Daniel Zhao, Mona Mourshed, they've, Mourshed, Jason Henninger, Heller, Henninger, Corey Moss, Pech, Moss, It's, Jennifer Neef, Neef, Rod Danan Organizations: Service, Business, Glassdoor, LinkedIn, Arizona State University, BI, Employers, Florida State University, University of Illinois, Illini, Tech, Arizona State grad Locations: Bellevue , Washington, Urbana, Champaign

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