Articles by tag: millennials
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Biden Nears Win as Japan, Dutch Back China Chip Controls
For more on the West’s race to implement China chip controls, read Bloomberg’s explainer on the computer chip “arms race.” (Bloomberg) — Japan and the Netherlands are poised to join the US in limiting China’s access to advanced semiconductor machinery, forging a powerful alliance that will undercut Beijing’s ambitions to build its own domestic […]
NYSE Mayhem Traced to a Staffer Who Left a Backup System Running
(Bloomberg) — More than 700 miles from Wall Street, the New York Stock Exchange’s backup data center on Cermak Road in Chicago is supposed to safeguard US markets, standing by at all hours in case disaster ever strikes the world’s largest venue for trading shares. When markets are closed, it participates in a well-worn routine, […]
California Storms Have Farmers Rushing to Avoid Crop Shortfall
(Bloomberg) — California farmers are facing costly damages from weeks of severe California storms that may trigger more expensive US fruits and vegetables in a time of massive food inflation. “The numbers are going to be somewhere in the hundreds of millions and perhaps in the billions,” Dave Puglia, head of the trade group Western […]
Studies Show Only 16% of Millennials Understand Basic Financial Concepts
Keypoints: Younger generations aren’t taught financial concepts as a life skill. Financial decision-making is something to be learned in middle and high school. Millennials saddled in student debt can’t afford mortgages. Commentary: You can’t read financial news without noticing reports about how the younger generations are writing their own rules regarding finances. A 2020 […]
Business Casual: Did Millennials Kill MillerCoors?
Molson Coors announced a massive restructure that will effectively kill the MillerCoors brand. As a result, the company will be terminating between 400 and 500 salaried positions. One article stated that the reasoning behind this was that millennials are consuming less beer. One our hosts, Tyler Kern, took exception to this explanation and let […]
The Factors Behind America’s Apartment Boom
The American dream has long been to own a home with a white picket fence, but the last decade might show that times, and preferences are changing. From 2010-2019 new apartment unit deliveries totaled 2.34 million, according to data from Yardi Matrix, a commercial real estate data and research firm. Areas where jobs are […]
Bringing Independent Hotels to the Millennial
To quote the late great journalist, chef, and traveler Anthony Bourdain: “Travel isn’t always pretty. It isn’t always comfortable…But that’s okay. The journey changes you; it should change you. It leaves marks on your memory, on your consciousness, on your heart, and on your body. You take something with you. Hopefully, you leave something […]