Generation X

Americans Reducing Retirement Savings and Taking on Debt Due to Inflation

Retrieved on: 
Friday, April 5, 2024

The majority of Americans say that the rising cost of living has caused them to reduce their savings.

Key Points: 
  • The majority of Americans say that the rising cost of living has caused them to reduce their savings.
  • Nearly seven in 10 (69%) say they have not been able to contribute to their savings as much due to ongoing inflation.
  • The majority of Americans (51%) say they have taken on more debt because of inflation.
  • More than two in five Americans (42%) say they have dipped into their retirement savings because of inflation.

Creator Commerce Platform, LTK, Introduces New Features to Foster Community Engagement

Retrieved on: 
Tuesday, March 26, 2024

LTK is now built for community engagement, enabling LTK Creators and their followers to meaningfully connect.

Key Points: 
  • LTK is now built for community engagement, enabling LTK Creators and their followers to meaningfully connect.
  • View the full release here: https://www.businesswire.com/news/home/20240326309690/en/
    Creator Commerce Platform, LTK, Introduces New Features to Foster Community Engagement (Photo: LTK)
    Community has never been more important as the foundation of a creator's business, and as social platforms become increasingly less social, LTK Creators are looking for ways to maintain, nurture and strengthen communities.
  • “The connection LTK Creators have with their community is vital and at the heart of everything they do.
  • Shopper Profiles let users better express themselves to LTK Creators, fellow shoppers and the greater LTK community.

New Headspace Report Exposes How Work Stress is Driving Divorce, Health Decline, and Substance Use

Retrieved on: 
Tuesday, March 26, 2024

While it’s promising that workplace dialogue about mental health has become more commonplace, Headspace’s new research points to work stress as a significant contributor to declining employee health and wellbeing in and outside of work.

Key Points: 
  • While it’s promising that workplace dialogue about mental health has become more commonplace, Headspace’s new research points to work stress as a significant contributor to declining employee health and wellbeing in and outside of work.
  • 77% of employees say that work stress has negatively impacted their physical health and 75% say it caused them to gain weight.
  • Nearly 40% of employees report that work has negatively impacted their ability to care for their family or children’s mental health.
  • 37% of employees report that work stress has contributed to serious mental health challenges, such as substance use or suicidal ideation.

Ecolab Watermark™ Study Reveals Global Generational Gap on Access to Clean and Safe Water

Retrieved on: 
Friday, March 22, 2024

Data from a global study commissioned by Ecolab, a global sustainability leader offering water solutions and services, and conducted in partnership with Morning Consult, has revealed that the level and immediacy of clean and safe water concerns varies across generations.

Key Points: 
  • Data from a global study commissioned by Ecolab, a global sustainability leader offering water solutions and services, and conducted in partnership with Morning Consult, has revealed that the level and immediacy of clean and safe water concerns varies across generations.
  • Still, safe water emerges as one of the foremost environmental concerns for most generations, alongside other critical global issues such as pollution and climate change.
  • As a global leader in water management and solutions, Ecolab recognizes the role businesses play in forging a safer, more prosperous future.
  • Ecolab continued to grow its Ecolab Water for Climate™ program, which is designed to help companies advance sustainable business growth while meeting climate and water goals.

CBL Properties and MINISO Partner to Expand Its U.S. Presence to Thirteen CBL Malls

Retrieved on: 
Thursday, March 21, 2024

Today CBL Properties (NYSE:CBL) announced it has executed multiple deals with global lifestyle retailer MINISO, expanding the brand’s presence to a dozen new markets in the United States.

Key Points: 
  • Today CBL Properties (NYSE:CBL) announced it has executed multiple deals with global lifestyle retailer MINISO, expanding the brand’s presence to a dozen new markets in the United States.
  • “We are thrilled to work with MINISO to add to their U.S. store fleet at CBL properties across the south, east coast, and Midwest,” said Stephen Lebovitz, chief executive officer, CBL Properties.
  • “MINISO is an innovative retailer catering to a generation of customers who over the last few years have shown a preference for shopping at malls.
  • These stores are becoming a destination for visitors to our properties and complement the dynamic mix of retailers, restaurants, and entertainment they already offer.”
    In addition to MINISO, CBL is working with several brands that are working to expand their mall-based presence including Five Below, Aerie, Garage, and many others.

Satisfaction Rises among Clients Using Financial Advisors, but Lack of Loyalty among More Affluent Millennials Sets Stage for Future Challenges, J.D. Power Finds

Retrieved on: 
Thursday, March 21, 2024

Full-Service Investor Satisfaction Study,SM which finds a significant 8-point (on a 1,000-point scale) year-over-year increase in investor satisfaction.

Key Points: 
  • Full-Service Investor Satisfaction Study,SM which finds a significant 8-point (on a 1,000-point scale) year-over-year increase in investor satisfaction.
  • Younger affluent clients present greatest flight risk: Intended attrition rates tend to be very low among clients with advisors, especially among Gen X and older clients.
  • A potential factor in this lack of loyalty is that 70% of affluent Millennials have a secondary investment firm.
  • Furthermore, advisors who take the time to help clients understand and engage with digital channels are consistently driving higher levels of investor satisfaction.

Venba Wins the Seumas McNally Grand Prize at the 26th Annual Independent Games Festival Awards

Retrieved on: 
Thursday, March 21, 2024

Visai Games’ Venba won the Seumas McNally Grand Prize for Best Independent Game at the 26th annual Independent Games Festival (IGF) Awards tonight.

Key Points: 
  • Visai Games’ Venba won the Seumas McNally Grand Prize for Best Independent Game at the 26th annual Independent Games Festival (IGF) Awards tonight.
  • The IGF Awards is the longest-running festival, summit and showcase honoring the most innovative and excellent independent games of the past year.
  • Developed by Visai Games, Venba is a narrative cooking game in which players experience life as an Indian mom who has immigrated to Canada with her family in the 1980s.
  • In addition to the Grand Prize, Venba was also nominated in the Excellence in Audio, Narrative and Visual Art categories.

Methamphetamine Use in California Reaches All-Time High in People Who Use Fentanyl, Adding Fuel to the Fentanyl Crisis

Retrieved on: 
Wednesday, March 20, 2024

In 2023, a record 62,224 pounds of fentanyl were seized in California, an increase of 1,066% since 2021 – enough fentanyl to potentially kill the global population nearly twice over1.

Key Points: 
  • In 2023, a record 62,224 pounds of fentanyl were seized in California, an increase of 1,066% since 2021 – enough fentanyl to potentially kill the global population nearly twice over1.
  • While the state continues to grapple with this ongoing crisis, a dangerous trend in the co-use of methamphetamine has emerged that may significantly impact an already challenging situation.
  • According to Millennium Health’s Signals Report™ for California, a staggering 72% of urine drug test specimens collected in 2023 from those who used fentanyl also contained methamphetamine, an increase of 2,235% since 2013.
  • View the full release here: https://www.businesswire.com/news/home/20240320277270/en/
    Methamphetamine positivity rates among people who use fentanyl for seven of the most-populated counties in 2023 were:

Turning Clutter into Cash: Nextdoor Insights Reveal an Upcycling Opportunity in America’s Annual Spring Cleaning Trend

Retrieved on: 
Tuesday, March 19, 2024

Nextdoor (NYSE: KIND), the essential neighborhood app, today released insights exploring attitudes and intentions for the annual American tradition, spring cleaning.

Key Points: 
  • Nextdoor (NYSE: KIND), the essential neighborhood app, today released insights exploring attitudes and intentions for the annual American tradition, spring cleaning.
  • View the full release here: https://www.businesswire.com/news/home/20240319216633/en/
    According to survey results conducted by Nextdoor, 86% of Americans plan to participate in spring cleaning 2024, with the number jumping to 91% for Nextdoor users.
  • “Spring cleaning is a real nationwide phenomenon,” said Chris Klotzbach, Head of Product and Content Marketing at Nextdoor.
  • In 2023, Nextdoor’s For Sale & Free saw 10% more listings per month in the spring, showing a new facet in American’s cleaning rituals: turning clutter to cash.”
    To learn more about Nextdoor’s survey of spring cleaning habits, visit the Nextdoor for Business Insights page .

LegalShield Consumer Stress Legal Index: February Results Show Persistent Elevated Consumer Stress Amid Interest Rate Holding Pattern

Retrieved on: 
Tuesday, March 19, 2024

LegalShield’s February Consumer Stress Legal Index (CSLI) highlights an uptick in financial stress among U.S. consumers.

Key Points: 
  • LegalShield’s February Consumer Stress Legal Index (CSLI) highlights an uptick in financial stress among U.S. consumers.
  • View the full release here: https://www.businesswire.com/news/home/20240319099667/en/
    LegalShield’s February Consumer Stress Legal Index (CSLI) highlights an uptick in financial stress among U.S. consumers.
  • The latest results from The Conference Board and University of Michigan were foretold by LegalShield’s December 2023 CSLI report .
  • The index is built on three sub-indices tracking calls for legal assistance for issues related to Consumer Finance, Bankruptcy and Foreclosure.