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Millennials are scamming their Instagram followers by flaunting wealth they don"t have, and the problem could get worse if the platform implements its hidden "likes" feature

Michael Dodge/Getty Images An Instagram account called @BallerBusters is exposing self-identifying entrepreneurs who flaunt wealth they don't have in order to sell young fo.....»»

Category: topSource: businessinsiderNov 13th, 2019

Millennial Net Wealth Collapses, Study Finds 

The net worth of millennials (18- to 35-year-old) has collapsed 34% since 1996, according to a new, shocking report from Deloitte. Millennials are financially worse o.....»»

Category: blogSource: zerohedgeJun 5th, 2019

Millennials are playing catch-up with Gen X on wealth

Weighed down by student debt, millennials are in worse shape financially than Gen Xers were at same age.....»»

Category: topSource: moneycentralMay 21st, 2018

Millennials are playing catch-up with Gen X on wealth

Weighed down by student debt, millennials are in worse shape financially than Gen Xers were at same age.....»»

Category: topSource: moneycentralMay 21st, 2018

Some millennials might never recover from the Great Recession

A recent study from the Federal Reserve Bank of St. Louis finds that some Millennials born in the 1980s may never make up the wealth they lost during the Great Recession......»»

Category: topSource: moneycentralMay 24th, 2018

Some millennials might never recover from the Great Recession

A recent study from the Federal Reserve Bank of St. Louis finds that some Millennials born in the 1980s may never make up the wealth they lost during the Great Recession......»»

Category: topSource: moneycentralMay 24th, 2018

Despite "Recovery", Millennials Face Future Of Less Wealth, More Work, Worse Health

While many baby boomers and those of older generations have experienced ris.....»»

Category: blogSource: zerohedgeJun 22nd, 2018

Private wealth Chicago law firm Harrison & Held adds 13 lawyers

The lawyers come from the law firm of Bryan Cave Leighton Paisner of St. Louis......»»

Category: topSource: bizjournalsMay 24th, 2021

A Lightspeed VC is bullish on retail investment apps like Robinhood and says they"ll continue to climb in popularity

Mercedes Bent says the acquisition of wealth through apps is an experiential lifestyle goal for millennials - and it's here to stay. Robinhood app. SOPA Images/Getty Images Merce.....»»

Category: topSource: businessinsiderMay 23rd, 2021

How the millennial narrative got so contradictory

A wealth gap and assorted nuances explain how millennials are both advancing and struggling. They're a fragmented generation with m.....»»

Category: topSource: businessinsiderApr 22nd, 2021

No longer a "lost" generation: Millennials born in the 1980s are finally getting richer

In 2016, millennials had wealth levels 34% below where it should've been absent the Great Recession. As of 2019, that wealth deficit was 11%. Older millennials are finally making .....»»

Category: dealsSource: nytMar 31st, 2021

Millennials are finally catching up in earnings and homeownership, but student debt is keeping the generational wealth gap as vast as ever

Millennials are catching up to boomers and Gen X in earnings and life events like homeownership, but they're still way behind in building wealth. Spencer Platt/Getty Images Millennials are ca.....»»

Category: topSource: businessinsiderMar 1st, 2021

The millennial wealth gap is growing as some flock to buy houses and others give up on homeownership entirely

More millennials became homeowners in 2020 than any other generation. At the same time, more.....»»

Category: worldSource: nytFeb 19th, 2021

Business owners in Louisville are less optimistic about recovery than other cities, study says

Many small business owners, including those here in Louisville, have a somber outlook on recovering from the second wave of Covid-19. In fact the outlook during the second wave is considerably worse than the outlook during the first here in Louis.....»»

Category: topSource: bizjournalsJan 18th, 2021

Key Words: Unemployment could reach 30% in the U.S., says St. Louis Fed’s Bullard

If Bullard’s gloomy jobs projection proves to be true, unemployment would be worse than it was during the Great Depression and three times worse than the 2007-2009 recession......»»

Category: topSource: marketwatchMar 22nd, 2020

Millennials started saving earlier than other generations, but they still have less wealth than their parents did at their age

Mauricio Santana/Getty Images Millennials began saving for retirement in their 20s, whereas previous ge.....»»

Category: topSource: businessinsiderFeb 10th, 2020

Millennials" 10 favorite stocks include Apple, Tesla, and Warren Buffett"s Berkshire Hathaway

Bill Pugliano/Getty Apple, Tesla, and Warren Buffett's Berkshire Hathaway rank among millennials' 10 favorite stocks. Disney, Netflix, and Amazon also made Apex Clearing's top 10 list. The digital wealth management specialist analyzed m.....»»

Category: topSource: businessinsiderJan 28th, 2020

Millennials" favorite stocks include Apple, Tesla, and Warren Buffett"s Berkshire Hathaway

Bill Pugliano/Getty Apple, Tesla, and Warren Buffett's Berkshire Hathaway rank among millennials' favorite stocks. Disney, Netflix, and Amazon also made Apex Clearing's top 10 list. The digital wealth management specialist ana.....»»

Category: topSource: businessinsiderJan 28th, 2020

Mylo partners with doctor-focused wealth adviser

Mylo, a Kansas City-base digital insurance brokerage, reached a strategic partnership agreement with a $4.6 billion-asset wealth management firm in St. Louis called Larson Financial Group. Larson Financial Group specializes in handling the unique.....»»

Category: topSource: bizjournalsJan 13th, 2020

Millennials spent the last decade struggling to build wealth, but an expert says this will all change in the 2020s for 5 key reasons

Mauricio Santana/Getty Images In the 2010s, millennials struggled to build wealth amidst the fallout of the recession and student-loan debt. But one expert thinks millennials wil.....»»

Category: topSource: businessinsiderJan 1st, 2020