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Brazil's X users, left casting about for a new platform, mostly started washing up on Threads and Bluesky. Everyone hadn't been on X; Brazil's social masses are primarily on TikTok, Instagram and Facebook . So as X went dark in this highly online country of 213 million, its users started migrating. Meta declined to provide specifics on Brazilian users. Bluesky gained 2.6 million users since last week, 85% from Brazil, the company said Wednesday, boosting its total to over 8 million.
Persons: Elon Musk, Jair Bolsonaro, Mauro Pimentel, Elon Musk's, X, Alexandre de Moraes, Shauna Wright, de Moraes, hadn't, Meta's Instagram, Wright, didn't, Mark Zuckerberg, Jack Dorsey, Cris Faga, Luiz Inácio Lula da Silva, Tatiane Queiroz, Bluesky, Jefferson Nascimento, Nascimento, Egerton Neto, , Jay Graber, Ton Molina Organizations: AFP, Getty, Brazilian, Facebook, Twitter, Associated Press, Meta, Federal Supreme Court, Elon, Nurphoto Locations: Copacabana, Rio de Janeiro, Brazil, San Francisco, Bluesky, Brazilian, Mato Grosso, Sao Paulo, Recife
The Notting Hill of the 1990s was still socially heterodox and shabby chic, a neighborhood where a group of 30-something professionals could plausibly have ended up. Even in the late 1990s, such access to disposable income marked the characters in “Notting Hill” out as privileged. Yet, in the 1990s, Notting Hill, long a center of Caribbean immigrant culture and the site of the annual Notting Hill Carnival, underwent a rapid process of gentrification. Between 1995 and 1999, Notting Hill house prices rose by 75%. The colorful terraced houses of Notting Hill, which these days sell for millions of pounds.
Persons: Laura Beers, , George Orwell’s, Richard Curtis ’, Julia Roberts, Anna Scott, Hugh Grant, William Thacker, Roberts, Laura Beers Laura Beers, it’s, , Curtis, Hill’s, Hugh Grant's, Winston, George Orwell, Orwell, Tony Blair’s Britain, Bill Clinton’s America, Grant’s, Tony Blair, Steve Eason, Notting, Spike, Rhys Ifans, Notting Hill, Mike Kemp, San, Spencer Platt, Rishi Sunak’s government’s, Bill, Rewatching Organizations: American University, CNN, MCA, Everett, Notting, Labour, Hulton, Getty, Movement, Housing, Federal Reserve, New York State, Hill ” Locations: American, London, West London, Notting, West, Britain, United States, Young, Notting Hill, Central London, San Francisco, Manhattan, San Matteo, Redwood City, York
The Texas couple were staring down more than $100,000 in debt, much of which they had poured into WiFi Money. Those who give their money to WiFi Money are often encouraged to sign up other people in return for a cut of their profits — and perhaps, one day, a chance to become part of the WiFi Money crew. As the money poured in, WiFi Money gained a patina of mainstream credibility. AdvertisementThrough WiFi Money, Moeller and Frederick had created a virtuous cycle of money and influence. The same month investors took WiFi Money to court over the stores, DBC announced it was closing down.
Persons: Alex Moeller, influencer, Jasmine Sadry, Joey Martin, Martin, Moeller, Chris Frederick, Casa Moeller Martinez, MentorCI, Kim Kardashians, Gary Vee, Uber, Etsy, Farnaz Ghaedipour, Frederick, Jay Gatsby, Scott Fitzgerald's, Brandon Celi, There's, Billy, Chris Casey, There's Todd Cahill, Liz Friesen, Tana Mongeau, Kardashian, , James Ragano, BI Moeller, wouldn't, Kyle McDougal, Sadry, Kyncey, McDougal, hustlers, Kevin O'Leary, Jordan Belfort, Ronaldinho, Glenn Beck, I've, he'd, Daemon, I'm, they'd, It's, Chris Costello, Francis, Ashley, Costello, Gatsby, Casey, Avery Williamson, Victor Bermudez, DBC, They're, Instagram, Rolex Submariner Organizations: WiFi, Lamborghini, McLaren, Fox News, YouTube, Invest, Stanford University, PBS, BI, Social, Yahoo Finance, Business, Times, Piccadilly Circus, Fort, DMs, Kyncey Investments, Amazon, Kyncey, Investors, CNN, Fox Business, Big Tech, Florida Tropics Soccer Club, Royce, WiFi Money, Federal Trade Commission, WifiMoney, IRS, NFL, Dallas, Rolex Locations: Instagram, Mexico, Texas, Dallas, Quito, Ecuador, @amoeller, Florida, pecs, Maryland, Europe, Illinois, Mita, Burj, Fort Worth, dropshipping, Brazilian, New York City, ensconced, Minnesota, Los Angeles, Munich
Polling for the 2024 election has shown Biden losing ground with younger voters to Trump. Younger voters are historically less likely to vote than older-aged ones. AdvertisementIn a presidential race expected to be as tight as ever, polling increasingly shows younger voters shifting toward former President Donald Trump. Still, his campaign can rest somewhat easier knowing younger voters have historically been some of the least likely to make it to the polls. AdvertisementAppealing to younger voters in college towns and campuses may also take a mental adjustment from some conservative influencers and leaders, like Turning Point USA founder and executive director Charlie Kirk.
Persons: Biden, Gen, , Donald Trump, Joe Trump, Millenials, influencers, Charlie Kirk Organizations: Trump, Biden, Service, Republican Party, Marist Poll, New York Times, Siena, Marist, Siena College, University of Florida, GOP Locations: Idaho, Texas
With a spate of family-friendly Netflix films under her belt, Jennifer Garner is becoming "America's Mom." Jennifer Garner in "Yes Day." AdvertisementAssuming the mantle of America's Mom isn't a left-field move for Garner. Her Netflix roles have cemented her status as America's Mom even further. After all, if America's Mom tells you to watch her Christmas movie or drink your fruit juice, she probably has your best interests in mind, right?
Persons: Jennifer Garner, , Sydney Bristow, Elektra Natchios, Ben Affleck, Elektra, Garner, Affleck, it's, she's, Tom Hanks, Gen Xers, Claus, Matt Kennedy, Ryan Reynolds, Mrs, isn't, She's, Jenna Ortega Organizations: Netflix, Service, CIA, ABC's, Fox, Capitol Locations: romcoms
Netflix's much-anticipated "Avatar: The Last Airbender" live-action series is out now. Critics agree the new series is better than M. Night Shyamalan's disastrous 2010 movie adaptation. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementNetflix's "Avatar: The Last Airbender" live-action series has received mixed reviews, but critics seem to agree on one thing — it's better than the widely panned 2010 movie adaptation. This story is available exclusively to Business Insider subscribers.
Persons: , Millenials, Firelord Organizations: Service, Nickelodeon, Fire Nation, Business
We blended our last namesName blending is the practice of creating a new last name out of the letters of each partner's maiden name. When it came to what to do with our last names, the traditional route didn't feel right to us, but we really wanted to share a last name. A lot of couples resolve this by hyphenating, but our names just don't sound good hyphenated together. But with our blended name, it doesn't feel like we've let our names go. The pieces of our names are still there; they've just been rearranged and combined with each other's.
Persons: we've, Egan, Michell, Gailen Magellan, Dad, hadn't, Selena, William Haigen, Millenials, Gen X, Boomers, Megan, they've Organizations: Service, Gailen Magellan Gallen
CNN —Erin Throlopolis is the Manager for the Managerial Logistics of Management for McManagement. Erin loves corporate speak so much, she has a book coming out to help the rest of us get in on the fun. “‘Corporate Natalie’ grew out of sheer 2020 peak-Covid boredom,” Marshall told CNN. Courtesy Cruz Corral“On Instagram the conversations are wild,” Cruz told CNN. Her “Nonprofit Boss” character is as triggering as Beasley’s “Corporate Erin.” (The pair even teamed up for a joint video.)
Persons: Erin Throlopolis, , Erin ”, Lisa Beasley, Erin, It’s, , Natalie Marshall, “ ‘, Natalie ’, ” Marshall, Covid, Marshall, Cruz Coral, Cruz Corral, Cruz, ” Cruz, Nicole Daniels, Daniels Organizations: CNN, Managerial Logistics, Management, McManagement Locations: Chicago, America, Los Angeles, Brooklyn
A mom on TikTok showed viewers an activity center she purchased for her baby. The mom, @stealth_revenger, showed off a calendar, iPhone, and computer that says, "Per my last email." NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA mom TikToker has gone viral reacting hilariously and horrifyingly to a Fisher-Price activity center toy seemingly inspired by office corporate culture.
Persons: @stealth_revenger, commenter, , TikToker, Fisher, Price, that's, @Stealth_revenger Organizations: Service, Activity
As younger generations, particularly Gen Z and Millenials, are aging to make up more of the workforce, workplace expectations from employees are shifting. Among US workers, over 75% say they could complete their current workload in a four-day workweek rather than five, according to a recent report from Fiverr. Millennials, who make up around 35% of today's workforce, were the most passionate about the four-day workweek with 87% agreeing. The survey also showed that while overall younger generations of workers are demanding more flexibility in their work schedules, they prefer in-person interactions over remote work. The consulting firm EY's annual Workplace Index found that although the four-day workweek has gained popularity abroad, it has seen little adoption by U.S. companies until recently.
Persons: Millennials, workweek, Michal Miller Levi Organizations: U.S, CNBC Locations: Fiverr
I’m almost embarrassed to share that Zoo Pals are paper plates that feature the bright, adorable faces of animals like pigs, turtles, ducks and whales. And I had an incentive to finish my plate so I could see my Zoo Pal’s face again. In August Hefty relaunched Zoo Pals after discontinuing the plates featuring animals nearly a decade ago. Hefty said one of the reasons it brought back Zoo Pals was "so our fans can relive their fondest childhood memories." Christopher Dilts/Bloomberg/Getty ImagesMattel Inc.’s American Girl doll line has also seen an influx of purchases made by kidults over the past few years, “and it continues to grow in popularity,” Jamie Cygielman, the president of American Girl, told CNN.
Persons: New York CNN —, I’m, , Covid, Krystine Batcho, , Batcho, she’s, Gen, Juli Lennett, ” Lennett, Christopher Dilts, kidults, ” Jamie Cygielman, Cygielman, Z, Instagramers, @inbloombyemily, hasn’t, , Lennett, ” Batcho Organizations: New, New York CNN, Zoo, CNN, Le Moyne College, Consumers, Lego, Bloomberg, Getty, Mattel Inc, American, Girl, Social Locations: New York, United States, Syracuse , New York, Chicago, American
TikTok influencers with millions of followers are partnering with companies like ExxonMobil and Shell. These companies are also using PR firms that help them target millenials and younger generations, The Washington Post reports. Oil companies are paying social media influencers to promote their brands and reach younger audiences, according to reports from The Washington Post and DeSmog. "ExxonMobil, like many companies, works with influencers to educate consumers about the full benefits of our rewards program," Julie King, a spokesperson for ExxonMobil, told Insider. For example, Edelman, a public relations firm, works with Shell to promote it to millenials and younger audiences, the Post reports.
Persons: influencers, Sam Bright, DeSmog's, They're, Curtis Smith, Julie King, Instagram influencer Nora Capistrano Sangalang, , Meredith Steele, influencer, Edelman Organizations: ExxonMobil, Shell, Washington Post, Morning, The Washington Post, DeSmog, Companies
A common phrase you'll hear from folks at Smead Capital Management is "fear stock market failure." He manages the Smead Value Fund (SMVLX), which has beaten 99% of similar funds over the last five-year period, and 97% over the last 10- and 15-year periods, according to Morningstar data. Value stocks to buyWithin value stocks, Smead is most bullish on the energy sector, as he believes we're in the earlier stages of a "commodities super cycle." Another area of the market Smead is bullish on right now is shopping mall real-estate investment trusts, or REITs. "Collecting a 6% dividend from them and having upside potential in a stock market that might struggle looks like a winning hand."
Persons: Bill Smead, Smead, he's, Smith Barney, Wells, Ben, we're, Stifel's Barry Bannister, millenials, it's Organizations: APA, DVN, MAC, Smead Capital Management, Morningstar, Smead Capital, Smead, Management, Occidental Petroleum, ConocoPhillips, Property Group, Simon Property Group Locations: OXY, Devon
Favorable demographic trends and technology will fuel growth in the music industry: Goldman SachsThe bank said they expect streaming services to continually raise their subscription prices. AI will also help artists create music at higher speeds and lower costs, the bank said. The business side of the music industry is constantly evolving, especially as technology develops. On streaming, the analysts see continued price hikes coming from streaming services as their subscription fees have remained relatively stagnant despite the services becoming more popular. Goldman SachsGoldman SachsThe analysts also said the streaming industry could better monetize "superfans" by charging them more for improved versions of their services.
Persons: Goldman Sachs, Lisa Yang, Goldman Sachs Goldman Sachs, Millenials Organizations: Spotify, Netflix, Apple Music, Amazon Music
A new study reveals that Gen Z thinks finance is the best industry for future career prospects. 1 industry for career prospects — up from No. Part of the reason may be the money: Graduates' top career fear is low pay. More than half of the respondents to the CFA survey said they have reassessed their career options in light of cost-of-living increases. This could be one reason interest in finance surged, as respondents voted it the most stable industry.
Persons: Z, , Gen Zers, Zers Organizations: Morning, CFA Institute, CFA Locations: millenials
They cited a strong labor market, low foreclosure rates, favorable demographics, and low supply. That was their biggest drop since the mid-2000s housing bubble, when home prices fell 27% over the course of a few years. As long as interest rates remain elevated, home price growth will likely continue to slow. First is that the labor market remains healthy. But so far this year, the labor market has continually surprised economists to the upside.
Persons: Hoff, Ian Shepherdson, Desmond Lachman —, millennials, Ellen Zentner, Morgan Stanley's, Z, it's, there's, Louis Organizations: Harvard Joint Center for Housing Studies, Harvard University, Federal Reserve, Harvard Joint Center for Housing, FHFA National Mortgage Database, Federal Reserve Bank of St, JPMorgan, Mortgage, Association
The company is training an AI model to give financial advice and hopes to make human advisors obsolete within a decade. Enter Range, a startup that's looking to use artificial intelligence and machine learning to make human financial planners obsolete. The company is building out a suite of financial planning tools aimed at aging millennials and designed to help streamline investing, saving, and estate planning. 'We're looking to replace you'These recommendations are reviewed and "massaged" by human advisors before being passed on to clients. She said she's excited about the prospect of making her own job obsolete if it means more people having access to financial planning.
Things have been difficult for her family, she says, but one thing she isn’t worried about: a midlife crisis, looming just over the horizon. One of our questions was about whether they had experienced a midlife crisis and how they would define the term. Many people said they felt they couldn’t be having a midlife crisis, because there was no bourgeois numbness to rebel against. “Who has midlife crisis money?”The traditional midlife crisis, as presented in popular culture, at least, unfolds amid suburban ennui. We just increase our Lexapro.”Was the midlife crisis ever even real?
Adam Taggart founded the YouTube channel Wealthion in April 2021. Adam Taggart, the founder of the financial education YouTube channel Wealthion, considers himself in a similar spot in the financial media landscape. Financial television outlets, he believes, aren't offering viewers the kind of mentally-nourishing content he thinks they need. But again, Taggart thinks his greatest strength is in providing a product that he believes viewers have a hard time finding elsewhere. "Wealthion was really born out of a desire to help the average American build wealth in a system that's kind of stacked against them," he said.
China's Gen Z is out to "rectify" the workplace, and they want their millennial bosses to give in. The Weibo hashtag "The post-2000s generation is rectifying the workplace" is a forum filled with Gen Z rage. The hashtag documents Chinese Gen Z rage in all its varied formsIt is unclear exactly how the hashtag started. At times, the posts on the Gen Z workers' threads devolve into rants about their "evil" millennial bosses. The rumblings from Gen Z, however, stand in stark contrast to narratives about Chinese millennials that have dominated popular culture.
It includes findings from an online survey and from LTK's work with brands, creators, and shoppers. The company also shared six trends to watch in 2023, including a surge in short-form video content. Social media is changing the way we shop, both online and in stores, according to a new study by the creator-focused shopping platform LTK. Here are six key takeaways from LTK's report to watch in 2023:Short-form video content will surge. LTK found that video content drove three times the year-over-year growth in gross merchandise value — a measure of total sales — as static content.
CNN —Not that long ago, cars from the 1990s were just used cars. In addition to insuring collectible cars, Hagerty also owns the auction company Broad Arrow. Values for 1990s-era collectible cars have risen by an average of 78% over the past three years, “which is huge,” Rabold said. Cars from the ’90s have at least some modern comfort and safety features, and even relatively inexpensive cars can have respectable power and performance. We’re talking about “collectible” cars.
Gen Z is starting to transform the workplace, according to two McKinsey executives at Davos. They told Insider how Gen Zers are more open to collaborate than millenials, but still have strong values. "The millennial generation was like 'Let's blow up all the institutions and start from scratch'," she said, noting that Gen Z takes a more "pragmatic" approach. George told Insider how the company has changed its talent model to accommodate this. McKinsey is working hard to be "more open about who we are, and what we do, because that's how Gen Z sees the world," she added.
PayPal is combining cash-back rewards earned through Honey, PayPal's debit and credit cards, and the PayPal app. PayPal acquired Honey in 2019 for $4 billion, and this is its latest strategy to "leverage" the browser extension product. The payments giant will announce on Monday plans to combine the cash-back perks of several of its offerings into one system, called PayPal Rewards. The new tool will allow customers to pool cash-back rewards earned from their various products: the PayPal app, PayPal Honey, and, in the future, PayPal's Cashback Mastercard and PayPal's debit card. The expansion of PayPal's rewards offering also comes as established competitors like JPMorgan Chase,Wells Fargo, and CashApp continue to leave an impression on the market.
Half of millennials and Gen Z expect employer-based savings plans to be enough for retirement, a TIAA study shows. Millennials and Gen Z could be in for a dire future unless they save differently. Duckett said that she wanted policymakers and employers to increase access to retirement savings plans, as well as educating workers about income options such as annuities. She also encouraged Gen Z and millennials to seek out savings vehicles like IRAs, which aren't dependent on an employer. It's a testament to how much employers have sapped their retirement packages over the past few decades that Gen Z and millennials could be in trouble.
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