More than 9 million millennials have taken out high-cost payday loans in the past two years. Here's why they're feeling the squeeze and left with few options.
TORONTO , Aug. 14, 2018 /CNW/ - Canadian Millennials are rolling the dice and not seeking financial help or professional advice when they receive an inheritance, according to a new survey from TD Bank. The survey uncovered that while 83 per cent of Millennials who have received, or who anticipate receiving, an inheritance feel confident in their ability to manage their inheritance, nearly half (46 per cent) of those who have already inherited wish they had sought professional advice on how to manage their new-found wealth. "Managing an inheritance can be incredibly overwhelming, especially for those Millennials who are typically not as well-versed in managing larger sums of money or assets.
TAMPA How to attract the cool kids? This is the mantra for so many restaurants these days: That huge generation of millennials eats differently, thinks differently and spends differently than their parents. So how do you reel them in and make them loyal customers? Even venues like Amalie Arena are grappling with this question. The arena's bread and butter is hockey, fans zipping in to the Firestick Grill before regular season games for a $77 buffet of grilled lobster tail and carving stations of prime rib and tomahawk ribeyes. Then there are the big-tickets concert like Billy Joel and Elton John, for which spendy prime rib still fits the bill. But what about the dozens of smaller, less expensive
Humble potato goes out of fashion as it struggles to shake off 'unhealthy and inconvenient' image with millennials
Where you live has a huge impact on your health and happiness: Location dictates everything from your local weather to crime rates. Each year, the Gallup-Sharecare Well-Being Index interviews 160,000 U.S. adults about their lives, scoring different regions of the country on their residents' well-being and ranking the states based on the overall happiness of the people who live there. This year, according to USA Today, 24/7 Wall Street decided to add to that dataset by analyzing even more socioeconomic data from the U.S. Census Bureau, the FBI, and elsewhere, such as poverty rates, crime, social ties, and health across the U.S. The result is a more complete picture of how happy some states are, and how miserable others are. Both Dakotas made it into the top 10, with South Dakota taking the overall prize for the happiest state.
The Vanguard FTSE Emerging Markets ETF has slumped nearly 4% in the past week, driven by Turkey's currency crisis. Its top-10 owners include Betterment and Wealthfront, two robo-advisors that predominantly cater to millennials. The value of their combined positions in the ETF, drawn from the most recent regulatory disclosures, fell by $66.4 million. The Turkish lira did not go down on its own when it plunged to record lows. Emerging-market assets from currencies to stocks also sold off as investors wondered what Turkey's currency trouble would mean for other countries. One of the most prominent victims of the drop was the Vanguard FTSE Emerging Markets exchange-traded fund (VWO), a basket
An article with the headline "How Millennials Killed Mayonnaise" sparked outcry on social media this weekend. Some celebrated the death of the condiment, while others questioned whether millennials had actually murdered mayo. In fact, mayonnaise sales have plummeted in recent years, leaving mayo makers scrambling for a way to boost business. Are millennials killing mayonnaise? And, if so, should the generation be celebrated or demonized? An article in Philadelphia magazine sparked these questions — and more — when it went viral over the weekend. The headline: "How Millennials Killed Mayonnaise." As in many cases in which millennials are charged with murder via headline, the piece inspired
The Vanguard FTSE Emerging Markets ETF has slumped nearly 4% in the past week, driven by Turkey's currency crisis. Its top-10 owners include Betterment and Wealthfront, two robo-advisors that predominantly cater to millennials. The value of their combined positions in the ETF, drawn from the most recent regulatory disclosures, fell by $66.4 million. Watch the lira trade against the dollar in realtime here.
What happens when you combine a chandelier made of 850 gold and silver lipstick tubes, thousands of colorful plastic flowers and scads of influencers in a Soho retail space? At beauty brand Winky Lux's new pop-up, trendy cosmetics and fanciful photo ops collide like swirls in a unicorn frappuccino. Billed as an “Experience Store,” guests pay $10 for the privilege of entering a series of seven rooms with whimsical themes. There's a “Dreamy Hydration Room” featuring a fluffy cloud-shaped sofa for posing; a mirrored “Disco Ball Room” blaring K-pop; and a miniature coffee shop where a tiny cup of Bluestone Lane coffee awaits the shutter of iPhone cameras. The entry fee is then credited toward a purchase
Millennial Esports Corp. ("Millennial" or the "Company") (TSX VENTURE:GAME) (MLLLF) announced today that the Company is to act as the operations and projects execution partner for synergistic projects that are sourced and developed by Spectrum Esports Advisors (“SEA”), a new strategic alliance between Spectrum Gaming Sports Group (SG2) and Millennial Esports’ Executive Chairman Alex Igelman. “The Spectrum Gaming Sports Group has been a leader in the gaming consulting space for a number of years and considering the prevelance and growth of esports, this is a naturaI progression for them,” Igelman said.