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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. Reuters noted that other cities around the country including Boston, Austin, Texas and Raleigh, North Carolina may be attractive to millenials.

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CVS Expands Membership Program Nationwide To Lure Millennials

PYMNTS

After successful test runs in Boston, Philadelphia and Tampa, the CVS membership program CarePass will expand nationally with free delivery for an annual fee, CNBC reported on Monday (Aug. The pilot program indicated that 20 percent of users were millennials and that CarePass members spent 15-20 percent more at CVS.

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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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Pilot Raises $60 Million To Help SMBs Modernize Finances

PYMNTS

Our first job out of college was owning a business in Boston,” Pilot Co-Founder and CEO Waseem Daher said in the release. PYMNTS reported that Pilot’s services could especially help millennial business owners, as those types of businesses are the ones often in need.

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Forget Retirement Planning — Millennials Want Student Debt Help From Employers

PYMNTS

As a financial services firm, this was really concerning to us,” Hanson told The Boston Globe. “We For fresh-out-of-college millennials saddled with debt, it’s unwise to turn down financial assistance from any direction. In fact, companies might not even have to throw up big bucks to attract those millennial geniuses.

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

PYMNTS

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. Last week, despite a better than expected jobs report, Boston Federal Reserve President Eric Rosengren told CNBC a full recovery will not be possible until COVID-19 is under control.

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