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Gen Z is burdened by rent. That doesn't bode well for its future wealth

Oct 23, 2024
A majority of 18-to-25-year-olds spend more than 30% of their pre-tax income on rent.
Two consecutive rent-burdened generations can't keep up with the housing market.
Bridget Bennet for the Washington Post/Getty Images

What does "overqualified" really mean in hiring?

Jan 18, 2024
With the share of older people in the workforce growing, maybe it's time to rethink the label.
"The reality is that 'overqualified' is often a code word for too old," says Dana Siomkos, founder and CEO of recruiting firm You and Them. As more young people move into managerial roles, older job searchers are having trouble getting hired.
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Amid the voracious spending, some holiday shoppers will have to trade down this year.
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Your financial advisor might also be your meditation coach

Jul 7, 2023
Many young adults, in particular, are looking for a more holistic approach to money. And the ones that do hire financial advisors want to talk about their mental and emotional wellbeing as well as the stock market.
"We don't want financial planners practicing therapy," said Sonya Lutter, who teaches financial health and wellness. "But we want them to engage in conversation. We want them to recognize when there's anxiety issues."
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Young adults are driving a boom in household growth

Jan 18, 2023
A growing proportion of the housing market is being taken over by millennials, according to new data.
The housing market is becoming increasingly flush with younger buyers, many of them millennials, according to new housing data.
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What did my Gen Z coworker just say?

Dec 26, 2022
Gen Z has developed its own way to communicate and is now bringing it into the workplace. But their use of language is leaving older colleagues bewildered.
Gen Z slang is making its way into the workplace, but sometimes older colleagues are struggling to understand.
Disobey Art/Getty Images.

With rising home prices and stagnating wages, a new savings goal: Beyoncé tickets

Aug 4, 2022
Concert tickets might not break your soul like, say, buying a home in this market could.
The last time Beyoncé went on tour was 2016.  Floor tickets in some cities went for over four figures on the resale market.
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For public good, not for profit.

Millennials and avocados are key to Chipotle's comeback

Oct 22, 2019
The fast-casual chain has turned around business since the health scares of years past.
Online orders account for almost a fifth of sales at Chipotle. Above, the restaurant's workers fill orders.
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Why student debt may be slowing down a generation of homeowners

New Federal Reserve research says student loan debt is hurting the housing market.
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Did someone say avocado bar?

Dec 25, 2018
A conversation with the co-founders of Avocaderia, the world’s first avocado bar.
New York City's Avocaderia is the "world's first avocado bar."
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