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Four months later, she was diagnosed with triple-negative breast cancer, one of the most aggressive forms of the disease. AAPI women in this age cohort had the second-lowest rate of breast cancer among all racial groups in 2000. “Breast cancer is still more common the older we get, but it’s alarming to see younger women being diagnosed,” said Dr. Helen Chew, director of the clinical breast cancer program at UC Davis Health. Korean, Chinese, Filipina and South Asian American women face the highest risk of breast cancer. Disaggregating data is key to understanding what’s driving the rapid rise in breast cancer among Asian women, Chew said.
Persons: Chi Huang, Huang, , Helen Chew, Scarlett Lin Gomez, who’s, ” Gomez, Gomez, Chew, ” Chew, Xers, it’s, Organizations: American, Pacific, American Cancer Society, UC Davis Health, University of California, , South, Filipina, Indians, Pacific Islanders, UCSF Locations: Asia, San Francisco, U.S, Southeast
I'm a Gen X child from the San Francisco Bay Area. Since that first move, I've lived in Alabama, Virginia, and Texas and returned to the Bay Area. The main difference was that the Bay Area was more diverse than Phoenix at that time. The Bay Area had changed so muchWe moved to Half Moon Bay in the San Francisco Bay Area, and in 2017, I got a job at UC Berkeley. People moved in and out of the Bay Area a lot, so it was hard to make lasting social connections.
Persons: Rosanna Guadagno, Guadagno, , I've, I'd, Dallas, didn't, we'd Organizations: Service, San, Santa Clara University, US, University of Alabama, Alabama, National Science Foundation, University of Texas, Dallas, Big Tech, San Francisco Bay Area, UC Berkeley, Stanford, University of Oulu Locations: California, Alabama, Texas, Finland, San Francisco Bay Area, Phoenix, Alabama , Virginia, Bay, Arizona, Tuscaloosa, . Texas, Virginia, Washington ,, Dallas, Austin, Silicon Valley, San Francisco Bay, Oulu, Switzerland
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGen X most likely to max out their credit cards, survey findsCNBC’s Sharon Epperson joins 'Squawk Box' to break down the latest Bankrate survey results
Persons: CNBC’s Sharon Epperson
As a result, many are using more of their available credit and now, nearly 2 in 5 credit cardholders — 37% — have maxed out or come close to maxing out a credit card since the Federal Reserve began raising rates in March 2022, according to a new report by Bankrate. Other reasons cardholders blame for maxing out a credit card or coming close include a job or income loss, an emergency expense, medical costs and too much discretionary spending. Generation X at riskwatch nowMore than any other generation, Gen Xers in their 40s and 50s are most likely to have maxed out a credit card or come close in the past two and a half years, according to Bankrate's report. Of Gen Xers, 27% have maxed out their credit cards compared to 23% of millennials and 17% of Baby Boomers. Young adults in Gen Z are the least likely to have maxed out a card, according to the survey, which polled more than 3,500 adults, including 3,015 who are credit cardholders and 1,104 who have either maxed out their credit cards or come close.
Persons: Bankrate, Sarah Foster, Xers, Gen X Organizations: Federal Reserve, Bankrate, Baby Boomers, Gen
In a McKinsey survey in February, groceries represented the top category that Gen Z and millennial respondents said they planned to splurge on, outpacing restaurants, travel, and fitness; in 2017, Gen Xers were the top spenders on groceries, followed by boomers. In June, Bank of America reported that its Gen Z customers spent more at premium grocery stores than any other generation. The trend picked up steam with Gen Z. Millennials and Gen Zers are driving demand for vegetarian and vegan food. In a recent YouGov survey for Whole Foods, 70% of Gen Z respondents indicated they were willing to pay more for high-quality foods. Related storiesTo be sure, Gen Z isn't the first generation to serve up food as a status symbol.
Persons: Jade Lily, TikToker, smoothies, Kourtney Kardashian, Katy Perry, Lily, Gen Xers, CreditKarma, Zers, Gen Z's, Millennials, Z, Gen, Neeru, Andrea Hernández, We're, Barbara Kafka, Hernández, Erewhon, Hailey Bieber, Bella Hadid, Sofia Richie, Nate Rosen, Mary Kate, Ashley Olsen, McDonald's, Britney Spears, Nina Dobrev, Shawn Mendes, Prebiotic sodas, Camila Cabello, Gen Zers, Poppi, It's, Rosen, Caesar, That's, Paharia Organizations: McKinsey, Bank of America, Inc, Foods, Arizona State University, New York Times, Pepsi, Brands, idc, Associated Press, Good Culture, Fast Company Locations: Angeles, tocos, Los Angeles
Nutter Butter, are you OK?
  + stars: | 2024-10-13 | by ( Vanessa Yurkevich | ) edition.cnn.com   time to read: +5 min
For example, one post shows grainy photographs of Nutter Butter cookies in a dollhouse with peanut butter smeared everywhere, set to a spooky soundtrack. Another video shows a psychedelic style Mr. Nutter Butter in technicolor with a Nutter Butter cookie being shoved into a baby croc sandal in the background; that got 1.1 million views. In it, Mr. Nutter Butter chases a character named Aiden (a real fan who has commented on every post) who is in turn chasing a Nutter Butter cookie. Zach Poczekaj, a senior social media manager at Dentsu Creative, Nutter Butter’s creative partner; Caitlin Bolmarcich, the brand manager for Nutter Butter; and Kelly Amatangelo, the digital and social lead for Mondelez, which owns Nutter Butter, run the cookie’s social media accounts. But what I will say is all the comments that we’re seeing are like, ‘I bought Nutter Butter today.
Persons: Nutter, , “ Nutter, Nutter Butter’s, Aiden, Zach Poczekaj, Caitlin Bolmarcich, Kelly Amatangelo, it’s, haven’t, Gen Z, don’t, what’s, we’re Organizations: CNN, Dentsu Creative
Insider Today: Robotaxi reality check
  + stars: | 2024-10-13 | by ( Matt Turner | ) www.businessinsider.com   time to read: +5 min
On the agenda today:But first: Elon Musk's robotaxi got lost on the way to Wall Street. This week's dispatchTesla's upcoming Robotaxi TeslaRobotaxi dreams meet Wall Street realityElon Musk unveiled Tesla's robotaxi, along with a robovan and updates to its humanoid robot, at a flashy event in Los Angeles this week. Wall Street wasn't buying it. AdvertisementIt's tough to bet against Elon Musk, as many on Wall Street have discovered. Wall Street is taking note, and Amazon could soon face pressure to return some of its cash with buybacks or dividends.
Persons: , Microsoft's, Elon Musk's robotaxi, Tesla, Elon Musk, Musk, Alyssa Powell, Anand Selva, He's, who've, Selva, Chelsea Jia Feng, that's, Natalie Ammari, Vishal Persaud, SunPower, it's, Ibrahim Rashid Organizations: Business, Service, Warner Bros, Detroit, Elon, Citi Citi Bank, Getty, Citi, Big, Microsoft Locations: Los Angeles, Burbank, America
Younger generations spend more on groceries than other categories, a McKinsey report says. The firm asked over 4,000 people, from baby boomers to Gen Zers, about the categories they intend to splurge on this year. Groceries ranked highest for millennials and Gen Zers, outpacing restaurants, bars, travel, beauty and personal care, apparel, and fitness. It's a notable shift from 2018 when older generations like baby boomers and Gen Xers still spent more on groceries than millennials. It surveyed baby boomers to Gen Zers, not baby boomers to Gen Xers.
Persons: Moodys, , Splurging, what's, Gen Zers, It's, Gen Xers, Zer, Peter Pham, Pham, Moody's Organizations: McKinsey, Service, McKinsey & Company, millennials, Forbes
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
Where are Gen Z's tech founders?
  + stars: | 2024-10-09 | by ( Amanda Hoover | ) www.businessinsider.com   time to read: +10 min
So where are Gen Z's tech founders? Gen Z founders and would-be founders are stepping into a vastly different tech world from that of their predecessors — a world where launching a unicorn is far more difficult, and publicly scrutinized, than it was for the garage-band generation of Jobs and Gates. Gen Z is coming of age in an era when the same Big Tech companies are diffuse and dominant. In other words, millennial founders ran so that Gen Z founders could walk. Perhaps we won't see Gen Z founders standing before a crowd and unveiling their latest shiny products anytime soon.
Persons: Bill Gates, Steve Jobs, Jeff Bezos, Gen X, Sergey Brin, Elon Musk, Travis Kalanick, Peter Thiel, Millennials, I'm, Zuckerberg, Whitney Wolfe Herd, Brian Chesky, Elizabeth Holmes, Sam Bankman, Gen, aren't, Zers, Jerry Neumann, millennials, Uber, Z, There's, Neumann, Kimberly Eddleston, they've, Adam Neumann, Holmes, Alexandra Debow, that's, Alexandr Wang, Wang, They've, Ibrahim Rashid, Rashid didn't, COVID, Rashid, Martin Shkreli, Forbes, Alexis Barreyat, Barreyat, Julian Kage, Kage, they'd, Debow, It's, Eddleston, Emma Chamberlain's Organizations: Boomers, Columbia University, Big Tech, Northeastern University, Facebook, New York University, MIT, Wired, Forbes, University of Chicago, Deloitte, Harvard, Harvard Business Locations: swaggering, Silicon Valley
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
London CNN —Baby Boomers may be expected to live longer than their predecessors, but a recent study has found that they are more likely to suffer from worse health than previous generations. It covered several generations, including the Greatest Generation (born before 1925) and Baby Boomers (born between 1946 and 1959), according to the study. Younger post-war cohorts, like Generation X, are also at risk of worse health than the generation preceding them, Gimeno said. “Generation X were more likely to be obese, have diabetes, and be in poor mental health than Baby Boomers in their 40s,” said Gimeno. The analysis of 135,000 people living in England suggested that although they’re living longer, their lives weren’t necessarily healthier.
Persons: , Laura Gimeno, Boomers, Gimeno, X Organizations: London CNN, University of Oxford and University College London, UCL, Boomers, CNN, Gerontology, Baby Boomers Locations: United States, England, Europe
Jason Bennett, 46, moved from San Francisco to Medellín, Colombia in 2018. Bennett quit his job at Banana Republic to move abroad and launch two startups. AdvertisementJason Bennett had a successful career in San Francisco but didn't see a future for himself in the corporate world. In 2016, he visited Medellín, Colombia, and said he envisioned it as his future home. Courtesy of Jason BennettBuilding financial independence started at a young ageBennett was born and raised in San Francisco.
Persons: Jason Bennett, Bennett, Medellín, , didn't, I've, San Francisco Bennett, Jason Bennett Bennett Organizations: Banana, Service, Banana Republic, True Star Consulting, Consulting, Voting, Central America, University of Oregon, San, Medellín Philharmonic Locations: San Francisco, Medellín, Colombia, Francisco, Lisbon, South, Caribbean, Banana, American
Tech: Amazon's Prime Day kicks off tomorrow, and there are some deals on surprising items . Amazon's Prime Day kicks off tomorrow, and there are some deals on . Getty Images; Jenny Chang-RodriguezWe've already got one indication companies are in good shape: Friday's blockbuster jobs report . But another blowout report — 250,000 jobs added and at least 4% wage growth — could lead the Fed to reconsider its easing policy. In addition to the usual Prime Day gadgets, like TVs and Airpods, Amazon is dishing out deals on tents, pocket knives, and chainsaws.
Persons: , Jenny Chang, Rodriguez, Matthew Fox, we'll, Rodriguez We've, there's, Philipp Carlsson, Chelsea Jia Feng, haven't, Donald Trump's, Tyler Le, John Tomac, that's, boomers, They're, Gen Xers, Gen Zers, Kamala Harris, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Grace Lett, Amanda Yen, Milan Sehmbi Organizations: Business, Service, . Tech, Amazon's, Pfizer, Wall Street, JPMorgan, Wells Fargo, Big Tech, Getty, Fed, Boston Consulting, Trump Media, Microsoft, BI, pharma, CBS, ASEAN Locations: Israel, fintech, Vientiane, Laos, New York, London, Chicago
"Sasha was basically our mom's third son," Daniel Andrews told Business Insider. Around 60% of Gen Z founders who were surveyed had involved their friends in the business, compared to 42% of millennials and 21% of Gen X and boomers. Advertisement"We're each other's biggest fans, but we're also each other's biggest critics," Daniel Andrews said. "Being a first-time founder, it is incredibly beneficial to work with friends and family who can step up and take on that work. "If you have friends that you find that are like slowing you down, or like trying to distract you, or other things, those might not be the best friends to launch a startup with," Daniel Andrews said.
Persons: Sasha Reiss, Andrews, Zs, , Daniel, Josh Andrews, Sasha, Daniel Andrews, Reiss, Japan —, Gen, X, we're, We've, I've, it's, we've Organizations: Service, Business Locations: Mexico, Brazil, Korea, Japan
AdvertisementIn short, boomers love stuff, and not just their stuff. They held on to their parents' stuff when they inherited it, and a lot of them are sitting with their kids' stuff in their attics now, too. The market value of the object and the sentimental value don't always go hand in hand. "I often emphasize the idea that the market value of the object and the sentimental value don't always go hand in hand," he said. Remember, it takes a lot of stuff to live a full life — and it's hard to let go of it.
Persons: Dale Sperling's, Sperling, it's, they're, It's, they've, Gen Xers, Gen Zers, Sarah Hersh, Ben Hersh, — you'll, Mary Kay Buysse, They're, Hummel, Mindy Godding, you've, Godding, Elizabeth Hirsh, Wen Stone, Janelle, Ben Miller, they'll, Miller, Stephanie Preston, Buysse, we've, , Janelle Stone, I've, that's, she's, doesn't, downsizers, Cameron Huddleston, Let's, Emily Stewart Organizations: Facebook, National Association of Senior, Boomers, University of Michigan, eBay, Business Locations: New York City, New Jersey, North Carolina, Dallas, downsizers, New York
Josh Brown Photo: Duncan HillJosh Brown once had this idea that in order to be a financial advisor, you needed to be buttoned up and fit a particular mold. Throughout his new book, "You Weren’t Supposed To See That: Secrets Every Investor Should Know," Brown encourages investors to look beyond the surface level of financial advice you see in traditional and social media. "The hidden truth about American-style capitalism is that if everybody is good all at once, the whole thing breaks down. Gen Z doesn't need financial planning advice. 'Gen Z doesn't need financial planning advice'
Persons: Josh Brown, Duncan Hill Josh Brown, Brown, Joshua Brown, Ana Teresa Solá, James Moock, Gen, They're, they've, X, Let's Organizations: CNBC, Ritholtz Wealth Management, Finance, New York Stock Exchange, ATS Locations: New York City
Many Gen Zers purchase cheap goods from the Chinese e-commerce companies Shein and Temu. The Biden administration is taking steps to make more Chinese imports subject to import fees. AdvertisementTwo of Gen Z's favorite shopping platforms for cheap goods could get more expensive in the near future. The trade provision, called "de minimis," allows US consumers to avoid paying these import fees on direct-to-consumer shipments of less than $800. However, import fees could vary by product.
Persons: Biden, , Gen, Chad Schofield, wouldn't, it's, — Schofield, Kaziukėnas, Joe Biden's, Xers, Temu, Schofield, Donald Trump, Kamala Harris, Shein, he'd, Temu It's, they'd Organizations: Service Locations: Shein, China, Canada, Mexico
In between job applications, he drove for Lyft and landed a job in 2021. Tetpon suspects his age and his industry's intense competition have impacted his ability to land a job. Advertisement"Job seeking initially has become a full-time job again — seven, eight hours a day applying for roles," Tetpon said. Of these applications, he's had nearly 30 interviews, and he made it to the final round for three positions. Between job applications, Tetpon drives five days a week for Lyft, earning about $3,000 a week.
Persons: Sean Tetpon, ageism, , Tetpon, hasn't, it's, constricting, he's, he'd, I'm, He's, I've Organizations: Service, University of Idaho, IBM, Lyft, BI Locations: America, Atlanta, ageism
Despite having a bachelor's and master's degree in chemistry — and sending out countless applications — Putro said he's had little luck in the job market. Putro shared his job search strategies — and why he's unsure whether his age is helping or hurting him on his job hunt. AdvertisementAfter losing his job, Putro didn't immediately start applying for jobs. Over the past decade, Putro said he's applied "irregularly" for jobs — anywhere between zero and 40 applications in a given month. He said he's not sure whether being 55 years old is helping or hurting him in the job market.
Persons: Chris Putro, hasn't, , he's, Putro, I've, it's, Putro didn't, Putro hasn't Organizations: Service, La Salle University, UCLA, LinkedIn, CBS, NBCUniversal Locations: Los Angeles
So far, she's been on 17 sailings — 11 with Norwegian Cruise Line and some back-to-back — since she left the US one year ago. If you're a first-time, budget, or solo cruiser, Thomas has nine suggestions for you, from sailing solo to finding the cheapest cruise. Thomas suggests travelers wanting to achieve loyalty status should test two or three companies before settling on a favorite. In 2024, Norwegian Cruise Line introduced solo interior, ocean view, and balcony cabins on top of its existing "studios" designed for single travelers. Norwegian Cruise LineSome cruise companies charge solo travelers a "single supplement" fee to compensate for lost revenue on dual occupancy cabins.
Persons: Shirene Thomas, , Thomas, Villa Vie's, she's, Brittany Chang, Taylor Rains, she'll, there's, Pieter De Boer, it's, Jason Liberty Organizations: Villa, Service, Cruise Lines International Association, Sea Cruises, Norwegian Cruise Line, Cruise, Cruise Line, Firenze, Business, Facebook, Royal, upcharges, Royal Caribbean, Oasis Class, Seas Locations: Wilmington , North Carolina, Norwegian, CocoCay, , New Orleans, Barcelona, Florida's Port Canaveral
The oldest Gen Xers are turning 59 this year, and once they reach 59½, they can begin making penalty-free withdrawals from their 401(k)s and individual retirement accounts. However, nearly 70% of Gen X, which is comprised of Americans between the ages of 44 and 59, feel behind on their retirement savings, according to a new retirement savings survey from Bankrate. The average 401(k) balance for people in their 50s, who make up the majority of Gen X, is $214,100. The good news: Many Gen Xers are already taking strides to get their retirement savings where they want them to be. Plus, they've increased their IRA contributions by 30% to the highest level in five years, per Fidelity's second quarter retirement analysis.
Persons: Xers, Mark Hamrick Organizations: Fidelity Investments Locations: Bankrate
Overall, 35% of Americans believe they will need more than $1 million to retire and live comfortably, according to a new report by Bankrate.com. Older generations closer to retirement age are more likely to regret not saving for retirement early enough, the CNBC survey found. More than any other money misstep, not saving for retirement early enough is the biggest financial regret for 22% of Americans, according to another recent report by Bankrate. The retirement savings gapOther reports show that a retirement savings shortfall is weighing heavily on Americans, especially as they approach retirement age. "They are focused on their health and financial well-being, but many are at risk of not achieving a financially secure retirement."
Persons: Bankrate, Gen Xers, Zers, Jacqueline Reeves, you'll, Reeves, they're, Catherine Collinson Organizations: Fidelity Investments, Bankrate.com, CNBC, Bryn Mawr Capital Management, Pew, American, Transamerica Center, Retirement Studies, Transamerica Institute Locations: U.S, Bryn Mawr
"I was sort of raised that you do a hard day's work and you're honest, and things will work out for you — it's a two-way street between you and your employer," he says. After publishing the article about Gen Z's predisposition to take time away, I got a lot of feedback from older generations. Some of it was predictable "the kids these days" complaints lamenting that nobody wants to work nowadays, that work ethic has disappeared, etc. "When you work for yourself, you're working for one of the biggest jerks you've ever worked for," he said. None of the boomers I talked to was in favor of people calling out of work willy-nilly.
Persons: Ron Sherman, Sherman, Gen, youngs, wasn't, Zoomers, who's, they're, It's, millennials, David Johnston, Johnston, You've, he'd, There's, Dave Kotwitz, Kotwitz, Charlie Stuart, He'd, David Vequist, Paul Miola, Miola, boomer, Xers, Chris Woods, they'd, Woods, that's, willy, nilly, it's, you'd, Emily Stewart Organizations: American, Silvis, Business Locations: Wisconsin, Texas, Charlotte , North Carolina
Newly released federal data shows the US tech workforce is younger than the workforce at large and getting younger still. Tech workers under 25 are becoming more common, while the proportion of workers older than 40 shrinks. There's an age-old perception that tech workers should be young so they can move fast and break things. One of the top qualifications to land a tech job, it seems, is to possess a birth certificate dated after 1990. Women make up just 22% of tech workers — the same proportion of jobs they held in 2005.
Persons: Z, Mark Zuckerberg, Maureen Clough, antiaging serums, Joanna Lahey, Lahey, ageism, John Zeman, Elon Musk, Zeman, John Rizzo, Rizzo, X, Daniel Jolles, Jolles, they're, Amanda Hoover Organizations: Tech, Commission, Texas, M University, Twitter, IBM, The London School of Economics, Business Locations: Silicon Valley, China
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