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12 Industries Experts Say Millennials Are Killing — And Why They’re Wrong

CB Insights

Every few weeks, another story about the dreaded generation surfaces: millennials are killing casual dining; millennials are killing breakfast cereal; millennials are killing home ownership. Millennials aren’t shunning luxury goods; they’re just renting them instead of buying. Millennials are in debt.

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Innovation in the Asset Management industry

Tefkin

While generic performance comparison has been more open for some time, how it applies to each person’s investments universe is a more recent trends. Affluent millennials hold 52 percent of their money in cash and 28 percent in stocks, compared with 23 percent and 46 percent for older people, a UBS survey released in the first quarter found.

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Innovators Take A Bite Out Of Food Waste

PYMNTS

Among millennials, it is not uncommon to hear people joke about how they should just stop buying produce altogether, especially since they never use it up before it goes bad – and this is the generation that’s supposedly all about saving the planet, reducing waste and living frugally, whether by choice or necessity. Hands-On Mobile App.

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Fintech Fundings: 28 Companies Raise $330 Million Week Ending Jan 15

Fintech Labs Insights

Online marketplace for real estate investing. Millennial saving & investing app. Online consumer lending. HQ: Boston, Massachusetts. Tags: Consumer, insurance, health care, comparison shopping, API, developers. Total raised: $136.7 HQ: San Francisco, California. Source: Finovate. RealtyMogul. Latest round: $18.4

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