Millennials want to be the boss; boomers don’t

When General Motors GM +0.67%   this week named Mary Barra, 51, its next CEO, it cracked a century-old glass ceiling. Perhaps more surprising, however: Most workers of Barra’s generation claim they don’t want to be boss, a new survey finds. Just 32% of men ages 49 to 67 and 21% of women in that age group say they

Millennials Look to Friends to Determine Their Spending Habits

A new survey from the American Institute of CPAs and the Ad Council shows that millennials reference their friends’ spending habits to determine how to spend their money. An astounding 78% of the 25-to-34-year-olds surveyed follow that philosophy. Nearly two-thirds of millennials say they want to live and dress like their friends, and a similar number want

5 Millennial Stereotypes That Aren’t True (Mostly)

Millennials are lazy, entitled and get more done on Facebook than at work. Baby Boomers are old, set in their ways and wouldn’t know how to use all this new technology even if they wanted to. Today, this generational odd couple works side by side in almost equal numbers now. No wonder we never get

Millennials and wine, a quirky relationship

By Dave McIntyre, Published: October 22 The District’s most interesting new wine venue is Vin de Chez, a pop-up bar in the parking lot of Union Kitchen, a shared commercial space in Northeast. It’s the creation of Liz Bird and Tom Madrecki, two 20-somethings intent on proving that wine can be taken seriously yet still be fun. It also gives

Deloitte’s Millennial Innovation Survey

The members of the Millennial generation represent the future of economic, political, and social life as well as the future of business – they are our future leaders, consumers, agents of change, and hold the key to global prosperity. Restoring and enhancing the reputational capital of business therefore has a twofold importance for todayʼs business

Why Millenials Are Pro-Union But Don’t Actually Join Them

by Aaron Sankin, The Motley Fool Buried in a Pew Research survey released earlier this year is an interesting tidbit: Millennials (people born between the early 1980s and the early 2000s) hold a much more favorable view of labor unions than do older Americans. The statistic presents a bit of a paradox because young people are, far and

American Study: Average millennial to retire at 73

The average millennial graduating from college today will not retire until age 73 because heavy student-loan debt will prevent that such people from saving enough money for an earlier retirement, according to a new study. The typical graduate has a “seemingly manageable” $23,300 in education debt and a median starting salary of $45,327, according to

Carmakers struggle to get Gen Y behind the wheel

Boomers continue their love affair with the car while the industry ponders how to get their tech-driven kids on the bandwagon. By: Lisa Wright Business Reporter, Published on Thu Oct 10 2013 Toronto Star The president of Toyota Motor Corp. is perplexed by boys who don’t have a vehicle and think they can pick up girls these days.

Study: Millennial Parents Just Like Those From Previous Generations

Practicality and Frugality Become Key Once Baby Is Born Maureen Morrison Published: October 03, 2013 Millennials have been discussed ad nauseum as being a generation different from its predecessors — one that’s entitled, tech-savvy, style-driven, health-conscious and unattached. But one new study suggests that not only are those designations misleading, they’re downright false, especially for the

Amid Riots in Sudan, These Millennials Are Becoming a Powerful Force

This afternoon, Sudan’s government shut off the internet, amid a third day of protests against the government. The country has seen fleeting protests since the start of uprisings in 2011, often times sparking rumors of its very own “Arab Spring.” The grassroots protests are happening in neighborhoods all over Khartoum, the nation’s capital. The protests have come at

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