Gen Z is proving to be a generation that is ahead of the curve when it comes to investing. According to the 2024 Schwab Modern Wealth survey, Gen Z adults are starting their investment journey at the young age of 19 on average. This is a stark comparison to the baby boomers who began investing
Platforms
Warner Bros. Discovery’s Max recently announced price increases for its ad-free options, raising concerns among subscribers of the popular streaming service. The news comes at a time when several other streaming platforms are also hiking their membership fees, making it more expensive for consumers to access their favorite content online. Max currently offers three pricing
The emergence of Financial TikTok, or #FinTok, has drawn the attention of many individuals, particularly those belonging to Generation Z. This group has shown an increasing interest in obtaining financial information, tips, and advice through various social media platforms like TikTok, YouTube, and Instagram. This shift can be attributed to the limited access this generation
When Adam Moelis co-founded a fintech startup named Yotta in 2019, he had noble intentions. Unfortunately, the company has become a source of distress for thousands of customers due to a dispute between Yotta’s banking partners, Synapse and Evolve Bank & Trust. The fallout has left 85,000 Yotta customers locked out of their accounts, totaling
Billionaire investor Bill Ackman is making headlines once again by selling a 10% stake in his investment firm, Pershing Square. This move is part of a larger strategy to eventually take the firm public, with a recent funding round raising $1.05 billion. The transaction values Pershing Square at $10.5 billion and has garnered interest from
In light of the COVID-19 pandemic and its subsequent impact on travel, Chinese high-income households are now showing a preference for domestic travel over international destinations. A recent survey by consulting firm Oliver Wyman revealed that only 14% of families earning at least 30,000 yuan a month in mainland China, who traveled internationally last year,
American Airlines shocked the aviation industry when they announced a significant cut in their sales outlook. This decision comes on the heels of the departure of their chief commercial officer, Vasu Raja. Raja, who has been with the company for just over two years, will be leaving his position next month. The airline giant revealed
In the latest Mad Max film by George Miller, “Furiosa,” audiences are treated to an immersive experience that goes beyond traditional cinema viewing. With the integration of 4DX technology, viewers are not just passive observers but active participants in the on-screen action. The use of motion seats, practical effects, and sensory elements creates a multi-sensory
Many self-employed individuals are considering hiring their own children to take advantage of tax benefits and other advantages. While this topic has gained popularity on social media platforms like TikTok and Instagram, it is crucial to separate fact from fiction when it comes to the regulations surrounding this practice. Certified financial planners and tax professionals
In a strategic move to boost its international presence, AliExpress has recently announced that soccer legend David Beckham will be joining forces with the e-commerce platform as its global brand ambassador. This partnership marks a significant step for AliExpress in expanding its reach on a global scale. The deal comes at a crucial time when