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Delta Air Lines will begin shaking up its menu by serving Shake Shack cheeseburgers on flights departing from Boston this December, part of a new partnership with the New York-based burger chain. Only first-class fliers on routes over 900 miles will be able to pre-select a Shake Shack cheeseburger as their meal option starting Dec. 1, Delta Airlines said Tuesday in a press release. Passengers will be served a Caesar salad, chips and a dark chocolate brownie in addition to their cheeseburger, the release stated. "At Shake Shack, we’re always looking for new and innovative ways to meet our guests where they are, even at 35,000 feet," said Michael Kark, President of Global Licensing at Shake Shack. "Taking our beloved cheeseburger to new heights, Shake Shack is proud to partner with Delta as we elevate the in-flight dining and hospitality experience for travelers across the country."

Persons: we’re, Stephanie Laster, Michael Kark, Delta Organizations: Delta Air Lines, New, Delta Airlines, Delta's, Service, Global, Delta Locations: Boston, New York

☆ Oppenheimer's top stock picks heading into year-end
▼ + stars: | 2024-11-20 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

Meanwhile, the Dow Jones Industrial Average and the S & P 500 are each up more than 3% month to date. As November nears its close, Oppenheimer has updated its top stock ideas list. Its $145 price target reflects almost 22% upside from Tuesday's close. Oppenheimer believes medical technology company Transmedics is also due for a rally, as its $125 target reflects nearly 51% upside from Tuesday's close. TMDX YTD mountain TMDX, year-to-date For newly added Citigroup, Oppenheimer's $107 target implies more than 56% upside from Tuesday's close.

Persons: Stocks, Donald Trump's, Oppenheimer, Rob Lynch, Brian Bittner, Suraj Kalia Organizations: Oppenheimer, Nasdaq, Dow Jones Industrial, Citigroup, Oppenheimer's Locations: Instacart

☆ How RFK Jr's war on obesity in the age of Ozempic could shake up the booming weight-loss industry
▼ + stars: | 2024-11-19 | by ( Rebecca Torrence | Hilary Brueck | ) www.businessinsider.com time to read: +9 min

Robert F. Kennedy Jr.'s proposed appointment to lead the US Department of Health and Human Services could have big consequences for a booming weight-loss market. AdvertisementHis likely appointment comes at a pivotal moment for the weight-loss industry, as long-lasting shortages of drugs like Ozempic come to an end. When Farmbox launched in 2014 to deliver healthy food boxes and educate consumers about nutrition, "nobody wanted to invest in us," Tyrner-Dolce said. Doug Mills-Pool/Getty ImagesKennedy's crusade against Big Food could run up against Trump's pro-corporation agenda, though. AdvertisementWeight-loss companies could get more attention — at a costKennedy's focus on holistic chronic disease care, including obesity care, could see a renewed funding rush to the space.

Persons: Trump, Robert F, Kennedy Jr, Kennedy, he's, Obama, Ashley Tyrner, Dolce, Farmbox, FarmboxRx, Michelle Obama, SAUL LOEB, Kennedy's, Jeff Nobbs, Nobbs, Doug Mills, Elon Musk, Donald Trump Jr, podcaster Joe Polish, Brooke Boyarsky Pratt, There's, Knownwell Pratt, Pratt, John Stanford Organizations: Human Services, US Department of Health, National Institutes of Health, Food and Drug Administration, Trump, Big Pharma, Senate, Novo Nordisk, Centers, Medicare, Services, Getty, Street, Department of Health, US Department of Agriculture, Shack, Business, Big Food, Trump's, KFC, McDonald's, Fox, FDA, Moderna Locations: Pennsylvania, Washington

☆ Shake Shack cheeseburgers to be served in first class on Delta flights
▼ + stars: | 2024-11-19 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

The airline announced a “first-of-its-kind partnership” with Shake Shack to serve the chain’s cheeseburgers in first class on long-distance domestic flights beginning December 1 on flights out of Delta’s hub in Boston and expanding to other cities throughout 2025. For example, Alaska Airlines created a hot coffee that tastes better in the skies, while United Airlines added cold brew coffee from Illy. Delta has served a generic cheeseburger in first class over the past few years to mostly positive reviews online. And it’s not the first airline to partner with a burger chain — United Airlines once served McDonald’s Happy Meals in the 1990s. The partnership between Delta and Shake Shack marks an expansion of the airline’s relationship with celebrated chef Danny Meyer, who founded the burger brand in 2004.

Persons: we’re, ”, Stephanie Laster, Danny Meyer Organizations: New, New York CNN — Delta Air Lines, Alaska Airlines, United, Delta, CNN, Airlines, Square Hospitality Locations: New York, Boston, United Airlines, Illy, Delta

☆ I grew up in Nashville. Here are 7 things I wish tourists knew before they visited.
▼ + stars: | 2024-11-15 | by ( Shaan Merchant | ) www.businessinsider.com time to read: +1 min

If you're going to try the city's famous hot chicken, do it right — and learn some of the history first. Not all Nashville hot chicken is the same. bhofack2/Getty ImagesIf there's one thing that's more synonymous with Nashville than music, it's hot chicken. Today, hot chicken pops up on menus across the city with all sorts of variations, but the dish has a long history in the Black community of Nashville. And I definitely think it's worth making the trip to Prince's to get the original hot chicken.

Persons: It's, Prince, casanova Thorton Prince, Prince Jeffries , Organizations: Nashville Locations: Nashville, Black, Southern foodways, Prince's

☆ Fast food chains are locked in a 'value war' for US customers
▼ + stars: | 2024-11-02 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +6 min

Fast food chains say they're locked in a "value war" to win increasingly choosy US customers. As a flurry of summer deals come to an end, quick-serve chains say they're now locked in a "value war" to win increasingly choosy US customers. Between higher ingredient usage and other costs on the one hand, and a more competitive consumer economy, interim CEO Scott Boatwright said Chipotle was well-positioned to win the "value war" in fast-casual dining. "We absolutely believe that value in an environment of value-seeking consumers is not about only executing price-pointed promotions and value deals and value bundles — there's more to that." Plosch added that beyond the burger chain's creative promotions, the core menu remains essential to getting customers to come back.

Persons: —, Michael Zuccaro, Chipotle, Scott Boatwright, Brian Niccol, who's, we've, Alex Kaleida, Chris Kempczinski, Kempczinski, Ian Borden, Shack, Robert Lynch, Gunther Plosch Organizations: Service, Starbucks

☆ A California couple built a $500,000 ADU in their parents' backyard when they couldn't afford to buy a traditional house
▼ + stars: | 2024-11-01 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +6 min

AdvertisementNewlyweds Aislyn and Ali Benjamin felt they couldn't afford to buy a traditional property in their corner of California — Danville, a small city just over an hour's drive east of San Francisco. Financing and building the ADU cost a total of $500,000, paid by the couple with help from their parents. Advertisement"The main reason we chose to do this is to stay close to our work," Ali Benjamin told Business Insider. An overview of the Benjamins' ADU in the Bay Area, where the couple lives full-time. The kitchen of the Benjamins' ADU.

Persons: Aislyn, Ali Benjamin, —, Realtor.com, San Ramon — Aislyn, Ali, Villa, ADU, Ali Benjamin's, Ali Benjamin said Organizations: Service, Danville ., Benjamins, Business, Urban Institute, Villa Villa, Backyard, Villa Locations: California — Danville, San Francisco, Danville, San Ramon, Bay, California, Los Angeles, San Jose

☆ Wendy’s is closing 140 restaurants
▼ + stars: | 2024-11-01 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +1 min

New York CNN —Wendy’s is closing 140 restaurants in the coming months, the fast food chain announced this week. But the company said it would open an equal number of new locations in areas it believes can generate better business for Wendy’s. “Overall, Wendy’s system is incredibly healthy.”This round of closures are in addition to 100 closings that Wendy’s announced in May. Despite the rounds of closures, the overall number of Wendy’s, which stands at about 6,000 in the US, isn’t shrinking. Other chains recently announced closures of underperforming locations, including Denny’s and Shake Shack.

Persons: New York CNN —, Kirk Tanner, Tanner, “, Wendy’s “, ”, Wendy’s, WEN, SpongeBob, ” Tanner Organizations: New, New York CNN, Wendy’s Locations: New York

"This is an area that we visit almost every weekend," said West, who was not with Lascarro at the time of the incident. As many as 10 to 15 suspects, both men and women, were involved in the assault, according to the police report. Police are investigating the case as a hate crime, classifying the offense as a simple assault with an anti-gay bias motivation, according to the police report. Lascarro, who is originally from Colombia, moved to Washington, D.C., last year and became a permanent resident of the U.S. this year. He said he is having a hard time recounting the incident to his family, with whom he struggled to come out as gay.

Persons: Sebastian Thomas Robles Lascarro, Lascarro, Stuart West, “, ” Lascarro, West Organizations: Washington , D.C, Metropolitan Police Department, Crush, NBC News, Howard University Hospital, Shake Shack, D.C Locations: Washington ,, Logan, Colombia, U.S, Dupont

☆ Stocks making the biggest moves midday: Reddit, Super Micro Computer, Garmin, Snap and more
▼ + stars: | 2024-10-30 | by ( Sean Conlon | ) www.cnbc.com time to read: +6 min

Reddit reported earnings of 16 cents per share, while analysts surveyed by LSEG had expected a loss of 7 cents. For the period, Garmin posted pro forma earnings of $1.99 per share on $1.59 billion in revenue. Wingstop – Shares fell around 19% after the restaurant chain missed analysts' expectations for the third quarter. Wingstop earned 88 cents per share, while analysts were looking for 95 cents per share, per LSEG. Advanced Micro Devices – Shares tumbled 9.5% after AMD gave guidance for fourth-quarter revenue of $7.5 billion, in line with analysts expectations, per LSEG.

Persons: Reddit, LSEG, EY, FactSet, Eli Lilly, XPO, Shack, Thomas Reeg, Wingstop, Chipotle, StreetAccount, Raymond James, Goldman Sachs, Alex Harring, Samantha Subin, Lisa Kailai Han, Sarah Min, Jesse Pound, Michelle Fox Organizations: Garmin, Caesars Entertainment, Google, Visa, AMD, Bloomberg, Emirates, Wall, Bank of America

☆ My goal is to bring Shake Shack to the world, says CEO Rob Lynch
▼ + stars: | 2024-10-30 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMy goal is to bring Shake Shack to the world, says CEO Rob LynchShake Shack CEO Rob Lynch joins 'Mad Money' host Jim Cramer to talk quarterly results, consumer trends, strategic priorities and more.

Persons: Rob Lynch, Jim Cramer

☆ Committee Stocks on the Move: Shake Shack, Chipotle, Wingstop, Visa and AbbVie
▼ + stars: | 2024-10-30 | 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 EmailCommittee Stocks on the Move: Shake Shack, Chipotle, Wingstop, Visa and AbbVieThe Investment Committee discuss some of their stocks on the move and how to trade them now.

Organizations: Investment

☆ Shake Shack CEO talks expansion goals as shares climb after earnings beat: 'Now's our opportunity'
▼ + stars: | 2024-10-30 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

My goal is to bring Shake Shack to the world," Lynch said. "I don't think there is a competitor for Shake Shack. We talk about ourselves as being a part of the fine casual movement; leading the fine casual movement." Nearing ten years on the market, Shake Shack started business in New York City as part of Danny Meyer's restaurant empire. "Now's our opportunity to leverage all of that and start opening up new markets and bringing Shake Shack to a lot more countries."

Persons: CNBC's Jim Cramer, Shake, Rob Lynch, " Lynch, Shack, Danny Meyer's, Meyer, Lynch Organizations: Shake Shack, Shake, Square Cafe, Michelin, Gramercy, Wednesday Locations: New York City, New York, California, JFK, LaGuardia, Newark, East, Asia, Europe

☆ Shake Shack CEO Rob Lynch goes one-on-one with Jim Cramer
▼ + stars: | 2024-10-30 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailShake Shack CEO Rob Lynch goes one-on-one with Jim CramerShake Shack CEO Rob Lynch joins 'Mad Money' host Jim Cramer to talk quarterly results, consumer trends, strategic priorities and more.

Persons: Rob Lynch, Jim Cramer

☆ We're downgrading Honeywell shares, plus Starbucks makes a menu change
▼ + stars: | 2024-10-29 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. We will hear more about this broader strategy on the company's earnings call Wednesday night. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Wolfe, Oleato, Brian Niccol's, Eli Lilly, Jim Cramer's, Jim, Jeff Greenberg Organizations: CNBC, Nasdaq, Treasury, Honeywell, We're, Wolfe Research, Bloomberg, Starbucks, GE Healthcare . Caterpillar, Humana, Brinker International, Trane Technologies, Otis, Jim Cramer's Charitable, Universal, Getty Locations: Dover, Illinois, Atlanta , Georgia

☆ Jim Cramer wants to buy more shares of 2 portfolio companies with favorable catalysts
▼ + stars: | 2024-10-28 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. "You want to own the stock," Jim said. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Stocks, Jim, TD Cowen, Jim Cramer's Organizations: CNBC, Nasdaq, Microsoft, Delta Air Lines, Home Depot, Dow, pullbacks, Semiconductor, Spotify Locations: Delta

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Tesla, Spotify Walmart, Nio, Broadcom Roblox & more
▼ + stars: | 2024-10-28 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Morgan Stanley initiates FrontView REIT as overweight Morgan Stanley said the commercial real estate investment trust company is well positioned. " Morgan Stanley downgrades Global Foundries to equal weight from overweight Morgan Stanley said it sees rising competition for the semis company. " Morgan Stanley upgrades Nutanix to overweight from equal weight Morgan Stanley said the cloud computing software company is well positioned. " Morgan Stanley downgrades Ciena to equal weight from overweight Morgan Stanley said it sees a more balanced risk/reward for the networking and systems software company. Wedbush adds Roblox to the best ideas list The firm said it sees robust revenue growth ahead.

Persons: Cantor Fitzgerald, Morgan Stanley, FrontView, Baird, AAON, Canaccord, Tesla, Jefferies, NTNX, Wells, Raymond James downgrades, Wolfe, DOV, Morgan Stanley downgrades Ciena, Piper Sandler, Bowlero, Piper, Goldman Sachs, Goldman, it's bullish, Marcellus, Bernstein, SARO, Stifel downgrades, Oppenheimer, Monness Crespi Hardt, Coinbase, Stifel, it's Organizations: Nvidia, Broadcom, MU, JPMorgan, Apple, Dell, Cisco, Spotify, Honeywell, Walmart, " Bank of America, Antero Resources, Bank of America, Macquarie, China EV, Stifel downgrades Colgate, Palmolive, Colgate, Commerce, ~$ Locations: AVGO, 1H25, Dover, Appalachia, Utica, West Virginia

☆ 14 earnings reports and major economic data will be the stock market movers this week
▼ + stars: | 2024-10-27 | by ( Zev Fima | ) www.cnbc.com time to read: +15 min

The Street is looking for Stanley Black & Decker sales of $3.8 billion in the third quarter and earnings per share (EPS) of $1.05. The Street is looking for Linde sales of $8.35 billion in the third quarter and EPS of $3.89. In addition to the headline results and forward guidance, overall organic sales growth and data center energy power demand will be focus items for investors. The Street is looking for sales of $94.47 billion in its fiscal fourth quarter and EPS of $1.55. The Street is looking for Coterra sales of $1.3 billion in the third quarter and EPS of 34 cents.

Persons: That's, It's, Stanley Black, Decker, we're, We're, Eli Lilly, Lilly, Amy Hood's, Brian Niccol, Wednesday's, Linde, it's, we'll, Phillips, Horton, Kraft Heinz, SIRI, Estee Lauder, BUD, Cardinal Health, Jim Cramer's, Jim Cramer, Jim, Stephanie Keith Organizations: Nasdaq, Dow, Fed, PCE, YouTube, Justice, AMD, GE Healthcare, Reality Labs, Microsoft, Management, Starbucks, U.S, Presidential, Linde, Apple Intelligence, Amazon, Services, Coterra Energy, WM, Cadence Design Systems, Labor, PayPal, BP, Pfizer, Royal Caribbean Cruises, JetBlue, HSBC, Devices, Grill, Electronic Arts, EA, Gross, Caterpillar, Brinker International, AFortive Corporation, Illinois Tool, Coinbase, eBay, EBAY, Booking Holdings, MGM Resorts, MGM, Bausch Health, LIN, Merck, ConocoPhillips, Mastercard, Altria, Cruise, Myers Squibb, Comcast, Mobileye, Cheniere Energy, Regeneron Pharmaceuticals, Anheuser, Busch InBev, Intel, United States Steel, Juniper Networks, Chevron, Exxon Mobil, Dominion Energy, Charter Communications, LyondellBasell Industries, Cardinal, Jim Cramer's Charitable, CNBC, New York Stock Exchange, Getty Locations: Eaton, Corning, Illinois, Bristol, New York City

☆ The chicken sandwich wars are over. Make way for the chicken tender battle.
▼ + stars: | 2024-10-26 | by ( Erin Mcdowell | ) www.businessinsider.com time to read: +7 min

As the "chicken sandwich wars" that dominated the industry in the early 2020s cool off, chains are now preparing for the chicken-tender battle. AdvertisementChicken is a huge area of opportunity for fast-food brandsThe release of Popeyes' iconic chicken sandwich kicked off the chicken sandwich wars. It released a new recipe for its original chicken tenders on October 18, hoping to spark what the chain called the "chicken tender battle." KFC launched a new style of chicken tenders it hopes will start the "chicken tender battle." As chicken tenders gear up for a takeover, chicken sandwich wars are already yesterday's headlines.

Persons: —, Gen, Irene Jiang, Gen Z, Popeyes, Burger King, Cane's, Catherine Tan, Gillespie, Erin McDowell, McDonald's, Hollis Johnson, George Felix, Felix, Chipotle, Perdue, It's Organizations: KFC, Service, Business, Restaurant Business, Revenue Management Solutions, Bloomberg, Cane's KFC, New York, Wine, Food Festival Locations: Manchester , New Hampshire, Burger, coleslaw, Texas

☆ 'Swicy' items take over restaurant menus as Gen Z seeks heat
▼ + stars: | 2024-10-22 | by ( Amelia Lucas | ) www.cnbc.com time to read: +4 min

Nearly 10% of restaurant menus have "sweet and spicy" items, up 1.8% over the last 12 months, according to market research firm Datassential. Common menu items have paired fruity flavors and chili powder, or used sauces like hot honey and gochujang, a red chili paste that's a popular Korean condiment. Courtesy: StarbucksAlthough the menu items were largely only available for a limited time, culinary experts think that the swicy trend has staying power. Buzzy, trendy menu items are more important now to restaurants, which are leaning on both discounts and innovation to attract diners and reverse declining sales. Limited-time menu items are particularly attractive to Gen Z customers, a key demographic because they account for roughly a fifth of Americans.

Persons: Randy Shropshire, trendologist Kara Nielsen, Nielsen, Jeffrey Saad, Hadar Cohen Aviram, McCormick, Cohen Aviram, Gen Zwicy Organizations: Coca, Getty, Food Institute, Box Intelligence, Sweet, Food Network, Istock, Nielsen, McCormick Locations: Chico, Thermal , California, U.S, San Francisco, Korean, Cholula

☆ Chick-fil-A is cooking up a $75 million plan for chicken domination in Asia — starting with Singapore
▼ + stars: | 2024-10-17 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +3 min

The fast-food chain said it plans to invest $75 million in Singapore over 10 years. AdvertisementChick-fil-A has announced plans for a restaurant in Asia, set to open in Singapore in late 2025. In a press release on Thursday, the fast-food chain said the restaurant's opening is part of a 10-year-long, $75 million investment into Singapore. The brand is also accepting Singaporean applications to be the island's "first independent Chick-fil-A franchise Owner-Operator." And the average Chick-fil-A franchise made $9.4 million in sales that year.

Persons: Tim Hortons, —, Anita Costello, Chick Organizations: Singapore —, Shake, Service, Business, Airport, Channel News Asia Locations: Singapore, Asia, Europe, Singapore's, Jewel

☆ Calls of the Day: Shake Shack, Chipotle and Netflix
▼ + stars: | 2024-10-15 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCalls of the Day: Shake Shack, Chipotle and NetflixThe Investment Committee debate the latest Calls Of The Day.

Organizations: Netflix

☆ Restaurant demand is 'better than ever', says Shake Shack founder Danny Meyer
▼ + 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 EmailRestaurant demand is 'better than ever', says Shake Shack founder Danny MeyerRob Lynch, Shake Shack CEO, and Danny Meyer, Union Square Hospitality Group founder, join 'Money Movers' to discuss overall restaurant demand, why earlier reservations are doing better, and much more.

Persons: Danny Meyer Rob Lynch, Shake, Danny Meyer Organizations: Shake Shack, Square Hospitality Group

☆ Watch CNBC's full interview with Shake Shack CEO Rob Lynch and Union Square's Danny Meyer
▼ + 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 EmailWatch CNBC's full interview with Shake Shack CEO Rob Lynch and Union Square's Danny MeyerRob Lynch, Shake Shack CEO, and Danny Meyer, Union Square Hospitality Group founder, join 'Money Movers' to discuss overall restaurant demand, why earlier reservations are doing better, and much more.

Persons: Rob Lynch, Danny Meyer Rob Lynch, Shake, Danny Meyer Organizations: Shake Shack, Union, Square Hospitality Group

☆ Young Chinese are 'retiring' in the countryside as China's unemployment woes grate
▼ + stars: | 2024-10-02 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +6 min

Vcg | Visual China Group | Getty ImagesFed up with China's employment situation, young people on the mainland are retreating to the countryside. China's youth unemployment rate in August hit a new record of 18.8%, the highest since the new system of record-keeping began in December. Young Chinese transplanting rice seedlings in a field. Vcg | Visual China Group | Getty ImagesBut China's young "retirees" have pushed back against criticism that they are too picky or have given up. Such accusations, while unfair, are understandable in Chinese societal culture and context, said Hang Seng Bank China's Wang.

Persons: Gen, Wenzi Dada, Chung Chi, Chung Chi Nien, That's, Chung, Dan Wang, Wang, Keyu Jin, Wenzi, Gen Z Organizations: Visual China, Getty, CNBC, Hong Kong Polytechnic University, Hang Seng Bank, London School of Economics, Hang Seng Locations: Chongqing, China, Guizhou, Wenzi, Yunnan, Sichuan —, Shanghai, Hang Seng Bank China

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