Tag Archives: millennials

Viral TikTok posts are telling Americans to stop paying taxes by illegally exempting themselves from tax withholdings. The videos suggest that it’s possible to avoid paying federal taxes by selecting “exempt” on IRS Form W-4, or Employee’s Withholding Certificates. The videos urge viewers to reach out to their employers and request zero-dollar tax withholding, assuring that companies have to comply. The videos further imply that not having taxes withheld means not paying taxes — a false… Source link

Google is leveraging its partnership with Samsung to launch its first 3D ad in New York’s Times Square. The tech giant is looking to appeal to young millennials and Gen Z by showcasing the ad on a 3D billboard. The digital out-of-home activation debuted on Dec. 11 as part of Google’s ongoing “The Future is Unfolding” campaign with Samsung, which started in 2021. In partnership with Universal Music Group and creative agency Cekai, the billboard illustrates how people get frustrated… Source link

The housing market has been hot for a couple of years now, and that’s unlikely to change any time soon as millennial demand remains red hot, according to new data from Bank of America (BAC). The 2022 Millennial Home Improvement Survey found that 67% of Generation Y responded that they were likely to buy in the next two years. “The #1 reason cited was an improving financial position, following the trend from the last few years of our survey,” BofA Global Research’s Senior Retail… Source link

American Express (AXP) shares hit an intra-day record on Friday after a much better than expected third quarter in large part, fueled by millennials and Gen Z cardholders.  The card issuer said spending by millennial and Gen cardholders gained 38%, compared to the third quarter of 2019 excluding the impact of currency fluctuations. Amex said it acquired 2.6 million new card members in the quarter. Amex CEO Stephen Squeri told Yahoo Finance the younger set has embraced the company’s increased… Source link

Cathie Wood tells Yahoo Finance Live that just like baby boomers have heavily influenced the stock market for decades, their children — aka millennials — will be equally if not more important to the investing landscape in the decades to come. And that is one reason why the closely followed Ark Invest founder and CEO is staying long-term bullish on stocks.  “This is the echo of the baby boom,” said Wood on the rise of millennial investors, notably in 2021. Wood referenced research that… Source link

A recent study by financial source DailyFX revealed that Apple (AAPL), Tesla (TSLA), and GE (GE) are the most popular stocks for millennials and Generation Z investors. The study collected data from Robinhood and examined investing preferences among millennials and Gen Z across the United States and United Kingdom for the 12 months ending April 2021. DailyFX noted that GameStop (GME) was not included in the study “as that would dominate the end results, skewing them for the search volume… Source link

Although housing starts appear to be picking up in recent months, it is unclear whether this trend can be sustained as supply chain disruptions, high materials costs, and construction labor shortages continue to plague the sector. Some camps are even fearful of the possibility of an impending housing crisis which could be triggered by a wave of evictions attributed to pandemic-related disruptions. In spite of this, the U.S. housing market remains hot, with the growing demand for homes… Source link

Millennials are in poor health — and it’s driving up health insurance costs One-third of millennials have a health condition that reduces both their quality of life and their life expectancy, according to a recent study of medical claims done by the Blue Cross Blue Shield Health Index. What does that mean for this ageing generation’s future? “Based on these findings, we’re seeing that millennials are not seeking preventative care and it’s not only having an effect on their immediate… Source link

Bitcoin might become for India’s millennials what gold is for their parents, no matter what the government says.  India, the fifth-largest nation by nominal GDP, often makes headlines for its attempts to outlaw crypto, real or rumored. But the government’s less-than-friendly attitude toward crypto has not curbed Indians’ curiosity about it. Nor do rumors scare away the giants of the crypto world. Just last week, Coinbase announced it is planning to establish its presence in India…. Source link

In 2018, entrepreneur-turned-investor Andrew Wilkinson, who runs Victoria, Canada-based tech holding company Tiny, shelled out $57,700 for a charity auction lunch with Bill Ackman, the well-known billionaire activist investor and CEO of Pershing Square Capital Management. The $57,700 lunch turned out to be an excellent investment that led to a friendship and, ultimately, a business partnership. Ackman’s family office invested in one of Wilkinson’s portfolio companies, WeCommerce, marking the… Source link