Generation X

New, Modernized 1967 Shelby GT500 Launched in Celebration of Carroll Shelby Centennial

Retrieved on: 
Tuesday, December 19, 2023

An exciting new 1967 Shelby GT500 model built by Hi-Tech Automotive has been announced in honor of the Carroll Shelby Centennial.

Key Points: 
  • An exciting new 1967 Shelby GT500 model built by Hi-Tech Automotive has been announced in honor of the Carroll Shelby Centennial.
  • Licensed by Carroll Shelby Licensing, this modernized reproduction of the iconic 1967 GT500 features an all-new factory assembled steel body modernized suspension, contemporary drivetrain and more.
  • Integral to the project, Hi-Tech Legends worked closely with M. Neil Cummings, Esq., CEO of Carroll Shelby Licensing, Inc. on a licensing agreement to allow the company to bring this 1967 Shelby GT500 to market.
  • It’s fitting that as we wind down the Carroll Shelby Centennial, this modernized reproduction of one of Carroll’s most iconic cars cranks up production.”
    Each Hi-Tech Legends 1967 Shelby GT500 rolling chassis is offered complete less engine and transmission.

Intuit QuickBooks Entrepreneurship in 2024 Report: Majority of Americans Believe Starting a Business Better Way to Build Wealth Than Buying a House

Retrieved on: 
Tuesday, December 19, 2023

Intuit Inc. (Nasdaq: INTU), the global technology platform that makes Intuit QuickBooks , TurboTax , Credit Karma , and Mailchimp , today announced the findings of the Intuit QuickBooks Entrepreneurship in 2024 Report .

Key Points: 
  • Intuit Inc. (Nasdaq: INTU), the global technology platform that makes Intuit QuickBooks , TurboTax , Credit Karma , and Mailchimp , today announced the findings of the Intuit QuickBooks Entrepreneurship in 2024 Report .
  • According to a survey of more than 4,500 U.S. adults, inflation and interest rates are the greatest threats to the ability to build personal wealth in 2024 and 66% believe starting a business is a better path to building personal wealth than buying a house.
  • As a result, 23% are considering starting a business in the new year, with Gen Z showing the most interest in entrepreneurship.
  • View the full release here: https://www.businesswire.com/news/home/20231219808087/en/
    28% of Gen Zers say they’re considering starting a business in 2024.

Frito-Lay's U.S. Snack Index Predicts 2024 Trends Amidst an Increasing Time Crunch

Retrieved on: 
Tuesday, December 19, 2023

PLANO, Texas, Dec. 19, 2023 /PRNewswire/ -- The fifth annual U.S. Snack Index confirms what many of us are feeling – there are simply not enough hours in the day. A lack of time to prepare, eat and enjoy meals – especially among parents and younger generations – will blur the once-clear line between "snacks" and "meals" in 2024.

Key Points: 
  • Snack Index confirms what many of us are feeling – there are simply not enough hours in the day.
  • In 2024, Americans will say goodbye to hours spent marinating, chopping, roasting or baking.
  • "As we look to 2024, we have a tremendous opportunity to continue meeting the evolving needs of our consumers.
  • Snacks Move to Center Plate: More consumers are integrating their favorite snack products into meals, up 35% over previous years.

Americans More Stressed with Inflation Affecting Finances

Retrieved on: 
Thursday, December 14, 2023

The guidance of a financial professional can be crucial for Americans to take positive steps for their financial future.”

Key Points: 
  • The guidance of a financial professional can be crucial for Americans to take positive steps for their financial future.”
    Increasing savings and paying down debt are the main ways Americans want to better their finances.
  • Americans overall say they could improve their finances in 2024 by building up an emergency fund (17%), paying down credit cards (16%) and increase retirement savings (17%).
  • In general, more Americans say they are more stressed at the end of 2023 than they were last year.
  • The rising cost of living is affecting how Americans feel about their income, making big purchases and retirement.

Dietary Supplements Size, Share & Trends Analysis Report 2023: Vitamins, Botanicals, Tablets, Soft Gels - Global Market to Reach $327.4 Billion by 2030 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, December 13, 2023

These dietary supplements are available in multiple forms, including vitamin A (retinols and carotenoids), B (folic acid), C (ascorbic acid), and D (cholecalciferol).

Key Points: 
  • These dietary supplements are available in multiple forms, including vitamin A (retinols and carotenoids), B (folic acid), C (ascorbic acid), and D (cholecalciferol).
  • A liquid dietary supplement is a liposomal product that is evenly dispersed in water for smooth consumption.
  • This allows the blending of liquid dietary supplements in yogurt, water, smoothies, and energy drinks.
  • Self-medication for treating gastrointestinal and immunity-related issues is another key factor driving the demand for OTC dietary supplements.

Faced With Largest Retirement Savings Gap, Majority of Generation X Believe Dream Retirement Is Out of Reach

Retrieved on: 
Wednesday, December 13, 2023

The resulting savings gap of $451,170 tops the expected shortfall facing Millennials and Baby Boomers.

Key Points: 
  • The resulting savings gap of $451,170 tops the expected shortfall facing Millennials and Baby Boomers.
  • Millennials (ages 27-42) believe they will need $1,280,892 to retire comfortably and expect to have $877,266 saved, leaving a savings gap of $403,626.
  • Non-retired Baby Boomers (ages 59-77), believe it takes $924,897 to retire comfortably, which exceeds the amount expected to be saved ($633,401) by $291,496.
  • Notably, 61% of non-retired Gen Xers are not confident in their ability to achieve a dream retirement compared to 49% of Millennials and 53% of non-retired Baby Boomers.

New ICSC Study, “The Halo Effect III: Where the Halo Shines,” Quantifies How Physical Stores Drive Online Sales

Retrieved on: 
Tuesday, December 12, 2023

Today, ICSC released its latest report, The Halo Effect III: Where the Halo Shines, quantifying the impact of opening or closing physical stores on online sales and retailers’ overall performance.

Key Points: 
  • Today, ICSC released its latest report, The Halo Effect III: Where the Halo Shines, quantifying the impact of opening or closing physical stores on online sales and retailers’ overall performance.
  • For emerging, direct-to-consumer (DTC) brands, the benefits are even higher - the correlating halo effect for online sales is 13.9 percent when opening a new store.
  • Conversely, closing stores has an even greater negative impact on retailer performance, resulting in an 11.5 percent drop in sales.
  • “While our earlier research on the halo effect demonstrated how physical stores drive web traffic and brand awareness, our latest report dives deeper by analyzing actual spend data.

Global Luxury Fashion Market Outlook 2023-2028 with LVMH, Kering, Burberry, Armani Group, and Prada Group Dominating - ResearchAndMarkets.com

Retrieved on: 
Friday, December 8, 2023

APAC accounted for the highest share of the global luxury fashion market and over 31% in revenue in 2022.

Key Points: 
  • APAC accounted for the highest share of the global luxury fashion market and over 31% in revenue in 2022.
  • Moreover, the continuous rising disposable income of the middle-class population supports the region's luxury fashion market.
  • Further, luxury fashion retailers are also taking initiatives to make sustainability more visible in the luxury fashion market.
  • The global luxury fashion market by generation can be segmented as Gen X, millennials & Gen Z, and baby boomers & silent gen.

The New Reality for Financial Professionals

Retrieved on: 
Thursday, December 7, 2023

The good news for financial professionals is that 88% of Americans say that working with a financial professional would help to ensure they can financially support all the things they want to do in life.

Key Points: 
  • The good news for financial professionals is that 88% of Americans say that working with a financial professional would help to ensure they can financially support all the things they want to do in life.
  • “Financial professionals need to listen to what consumers are saying in this data,” says Kelly LaVigne, Vice President of Consumer Insights, Allianz Life.
  • “Consumers’ desire for financial advice is as strong as it’s ever been, but financial professionals need to think more broadly about their role,” says LaVigne.
  • “To successfully serve the next generation of clients, financial professionals need to focus on collaboration, flexibility and truly understanding their clients’ values, priorities and concerns.”
    For more information on how financial professionals can respond to the new retirement reality, listen to “Rebuilding Retirement,” a new podcast series from Allianz Life .

Redfin Predicts 2024 Will Be the Year Homebuyers Catch a Break, With Home Prices Falling and New Listings Rising

Retrieved on: 
Tuesday, December 5, 2023

Prices will fall 1% year over year in the second and third quarters, when the home-selling season is in full swing.

Key Points: 
  • Prices will fall 1% year over year in the second and third quarters, when the home-selling season is in full swing.
  • Redfin has recently seen a double-digit annual increase in homeowners contacting Redfin for help selling their home, alongside a small drop in requests from prospective buyers.
  • Sales will continue rising throughout the year; they’ll be on pace for a total of 4.5 million by the fourth quarter.
  • Redfin predicts the average 30-year mortgage rate will linger at 7% in the first quarter, then decline throughout the year.