Many older millennials are burdened by housing costs, and it could keep them from reaching other financial goals

As millennials begin to turn 40 in 2021, CNBC Make It is launching Middle-Aged Millennials, a series exploring how the oldest members of this generation have grown into adulthood amid the backdrop of the Great Recession and the Covid-19 pandemic, student loans, stagnant wages and rising costs of living. When it came to buying a home, Jessica Kenney didn't stress about […]

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Columbia, Bogner Add Execs to Team

Two outdoors brands — Columbia and Bogner — have made key additions to their teams. Late Wednesday, the Portland, Ore.-based Columbia Sportswear Co. said Nike executive Craig Zanon will be joining the brand to fill the post of senior vice president of emerging brands that will be vacant when Doug Morse retires this summer. Zanon spent more than 20 years […]

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Smartphone data highlights how Americans coped with the pandemic-induced recession

The collective financial hardship experienced by Americans during the coronavirus pandemic led to intensified use of smartphones to cope, according to new data provided exclusively to Yahoo Money from wireless networking company Global Wireless Solutions (GWS). The data, based on more 75,000 mobile users across the country who opted in, found that smartphone usage spiked in 2020 because of the […]

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San Diego woman sentenced for nearly $400M Ponzi scheme

SAN DIEGO (AP) — A San Diego businesswoman whose Ponzi scheme bilked hundreds of people out of nearly $400 million was sentenced Wednesday to 15 years in federal prison. Gina Champion-Cain, 57, received more than the sentence recommended by prosecutors. At the sentencing, U.S. District Judge Larry Burns noted that some victims were friends she had known for years, the […]

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6 steps to starting a business flipping websites, from a woman who made $127,000 on blogs last year

Digital entrepreneurs are applying the same concept of flipping houses to online businesses. In 2020, Chelsea Clarke earned $127,000 flipping 13 websites and brokering sales for 50 more sites. She said anyone can learn how to flip websites, but it’s more time commitment than a side hustle. See more stories on Insider’s business page. If you’ve watched HGTV, you’re probably […]

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Klarna Survey Reveals Changing Consumer Behaviors in the Beauty Sector

In a survey of more than 15,000 Klarna shoppers, ages 18 and older, Klarna asked consumers how they are shopping for beauty during the pandemic, what trends are likely to continue and found insights into what new consumer behaviors mean for beauty retailers as stores continue to reopen in 2021. “Klarna’s beauty survey has uncovered new consumer insights and trends […]

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Wall Street opens higher on tech strength; Micron shines

FILE PHOTO: A child leaps off a bench outside the New York Stock Exchange (NYSE) in New York City, U.S., March 19, 2021. REUTERS/Brendan McDermid/File Photo(Reuters) – Wall Street’s main indexes opened higher on Thursday, as technology shares, led by chipmakers, gained following an upbeat earnings outlook by Micron, while optimism about the U.S. economic growth lifted sentiment. The Dow […]

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