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The American Dream Of Homeownership On Hold For Millennials?

PYMNTS

It could be the perfect time for millennials to stop throwing their money away on rent and buy a home — or not. A survey by the Pew Research Center found one-third of millennials have been laid off due to the COVID-19. The hardest hit are the older millennials while the younger ones were hit by the last recession.”.

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How Millennials Are Propelling Halloween To New Retail Heights

PYMNTS

That growth appears to be driven by millennials, with responses to a recent Citibank poll indicating survey participants between the ages of 18 and 36 expect to spend 2.5 Increased millennial spending comes despite the fact that the demographic is the one that most needs to save money, CitiBank noted in the article.

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How Brick-and-Mortar Banks Can Seize The Digital Moment

PYMNTS

Local and regional banks may have once been more insulated from these trends than other businesses since they are often trusted names within their communities and maintain long-standing relationships with their customers. This series, based on a survey of 3,000 cardholding U.S. percent of national banks, versus 77.5

Regional 241
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Amid Changing Lifestyles, Homebuying To Continue Torrid Pace?

PYMNTS

To that end, and in terms of the data announced by the National Association of Realtors, existing home sales grew by 9.4 Drilling into the data, NAR said that each of the four regions tracked showed month-over-month and year-over-year growth. A survey revealed that about three-quarters of millennials surveyed are now working remotely.

Survey 227
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Despite Plenty Of Concerns, SMB Optimism Holds Fast

PYMNTS

Amid a wave of new surveys released on small business sentiment, PYMNTS wades through the data to examine how entrepreneurs are handling the array of worries with which they must deal. That doesn’t mean non-millennial entrepreneurs are necessarily struggling, though. Eighty-one percent of U.S.

Taxes 105
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For Visa, She’s Next Is What’s Next

PYMNTS

As many as 73 percent of those surveyed said that it remains difficult to gather the funding needed to get a business off the ground. 30 kickoff in Atlanta will include access to experts from Visa and entrepreneurs operating both nationally and globally. And 61 percent of those queried said they self-funded their business.

Atlanta 189
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Credit Unions? Bid To Bridge The Challenger Bank Perception-vs.-Reality Gap

PYMNTS

As the survey of more than 4,000 CU members, CU leaders and FinTech executives showed, 41.4 He pointed out that while CUs have traditionally been regionally focused, firms like SoFi and Robinhood have spent significant time and money on marketing. percent believe challenger banks will be competitive threats in the coming years.