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Silicon Valley Is Losing Its Luster With Millennials

PYMNTS

Silicon Valley is losing its luster with young adults, as recent polling shows millennials are gearing up to leave the San Francisco area at an increased rate. The survey also showed the area could become less diverse, with African Americans the leading ethnic groups that signaled they would leave the Bay Area.

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Baby Boomers Vs. Millennials: Eerily Similar?

PYMNTS

While most millennials were brought up in the age of the computer, baby boomers can remember a time when they weren’t surrounded by technology. It’s a peculiar dichotomy to compare millennials to their parents’ generation, the baby boomers. percent, millennials (who are in part to blame for this) aren’t the main contributing factor.

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China’s Millennials Willing To Take On Debt

PYMNTS

Along with being largely more tech-savvy, educated and affluent than previous generations, Chinese millennials were also raised in a time of relative stability and affluence in the nation. By then, Chinese millennials could account for about 53 percent of total consumption spending. Chinese millennials are taking on debt 18.5

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Study: Virus Has Sent Most Adult Children To Live At Home

PYMNTS

The numbers are consistent across major racial and ethnic groups, genders, city and rural residents in the nation’s four regions. One-third of millennials have been laid off due to the COVID-19, and another 42 percent said their pay has been cut, researchers reported. The number of young adults living with parents swelled to 26.6

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Outside The Box (And Inside The Storage Container) Solutions To Sky-High Rent

PYMNTS

Older adults tend to own, while younger adults skew much more heavily toward renting – particularly millennials, for whom homeownership is lower than other generations at the same point in their lives. 2,420 in Boston and $2,300 in Seattle for a no-frills one-bedroom, probably a walk-up. What is Nuns and Nones?

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Mobile Payments: Samsung To Tackle Africa And Google The App Landscape

PYMNTS

Passport has designed similar mobile applications for the transportation systems in Chicago, Toronto and Boston. Millennials Eschew Bank Mobile Wallets. The study found that both millennials and non-millennials want to use mobile to manage finances, and cash is becoming less important to both groups.

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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.