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Millennials are driving a sports tourism boom — spending big to do it

Vince Nguyen, a 39-year-old entrepreneur based in Vietnam, spends a few hundreds almost every month traveling to other countries to play pickleball. The sport, which began as a pastime after injuring himself in American football, has since become central to his lifestyle, as he plays it for two to four hours almost daily. Since he … Read more

British Gen Z and millennials drive growing Thanksgiving trend in UK

NEWYou can now listen to Fox News articles! Thanksgiving isn’t just an American thing anymore: it’s becoming a British obsession. Younger people in Britain are driving the trend. According to Mintel research, 42% of Gen Z and millennials in the UK have attended a Thanksgiving meal, and 16% say they plan to host or attend … Read more

Millennials are co-buying homes because of the disastrous state of the housing market

The housing market is the least affordable it’s been since 1984, and the baby boomer generation, which struggled to get off its feet in the ’80s, has the cash and the equity today to muscle millennials out. In fact, recent data shows the median age of a U.S. homeowner is 59 years old. Enter “carpooling … Read more

Chipotle CEO Scott Boatwright: Gen Z, millennials are cutting back on dining out due to student loans, unemployment

Even fast-casual dining may be too much of a financial burden for younger generations. Chipotle CEO Scott Boatwright said young diners between the ages of 25 and 35 are cutting back on dining at the Mexican-inspired fast-casual chain. But these millennial and Gen Z customers are not snubbing Chipotle for other fast food spots; they’ve … Read more

These millennials were among the donors who gave over $125 million after Trump slashed foreign aid

When the Trump administration froze foreign assistance overnight, urgent efforts began to figure out how to continue critical aid programs that could be funded by private donors. Multiple groups launched fundraisers in February and eventually, these emergency funds mobilized more than $125 million within eight months, a sum that while not nearly enough, was more than the organizers had ever imagined … Read more

‘Too old to govern, and it’s boring knowing only him as president’: Cameroon’s millennials and Gen Z face eighth term for their 92-year-old leader

Elvis Nghobo tried to get into four different professional schools in Cameroon but could not make it. Frustrated, the 34-year-old turned to selling food at a market in Yaounde, the country’s seat of power. Nghobo blames his woes on what he calls a corrupt education system which favors children of the elites. As the central African country … Read more

Millennials and Gen Zers are clamoring to break into the housing market. But this real estate expert says ‘not everyone should be an owner’

Millennials and Gen Z are clamoring to break into the housing market—a feat seemingly impossible in an inflationary period with high home prices and mortgage rates. But one real estate veteran says owning a home might not be all it’s cracked up to be right now. “If your whole thinking is like, ‘Oh, I should … Read more

Gen Z, millennials and Republicans drive trust in media to the lowest ever recorded, a shocking collapse of 40 percentage points since 1972

Americans’ trust in the media has plunged to its lowest ever level, according to the latest Gallup poll, with just 28% of U.S. adults expressing a “great deal” or “fair amount” of confidence in newspapers, television, and radio to report news fully, accurately, and fairly. This figure marks a steep decline from last year’s already … Read more

The younger consumer boom: Amex and luxury brands pursue Gen Z and millennials

Good morning. Winning customers who stay with a brand for decades has become an important strategy for financial institutions and retailers. For American Express, that means tailoring offerings to affluent, adventure-seeking customers in their mid-20s to mid-40s. In a new Fortune article, my colleague Shawn Tully spoke with American Express CEO Steve Squeri about enhancements … Read more

Suzy Welch says Gen Z and millennials are burnt out because older generations worked just as hard, but they ‘had hope’

A generational divide over workplace burnout has less to do with work intensity and more to do with diminished expectations for career rewards, according to business author and New York University professor Suzy Welch. The 66-year-old from Portland earned her MBA as a Baker Scholar from Harvard Business School and spent seven years as a … Read more

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