Celebrities and influencers create a "coolness" halo effect with Gen Z and millennial consumers, according to a recent survey by YPulse, a youth research organization.
Why it matters: 69% of 13 to 39-year-olds saythey are more likely to purchase brands that are considered cool, which is especially true in the age of the social media marketplace.
Most money-related books are worthy and informative; some are even interesting. Very, very few of them, however, are real page-turners — the kind of books that keep you up at night rather than sending you to sleep.
Why it matters: These five new money-related books are all really good reads.
The performances during last year's Super Bowl by Justina Miles, the first female deaf performer for the game's halftime show, nearly stole the spotlight from Rihanna.
Why it matters: That moment, however, like others before it, hasn't been enough to change the messy relationship between the business world and the Deaf community.
Consumers cooled spending last month as inclement weather rocked much of the U.S., according to new data from Bank of America Institute.
By the numbers: Total card spending per household fell 0.2% from the prior year after rising by the same amount in December, the bank says, citing its internal data.
One year ago, a slew of surprises pointed to more entrenched inflation and a tighter job market, tilting the Fed in a hawkish direction and fueling more interest rate increases. This February, there are some superficial similarities in the data — but the differences are more important.
Why it matters: Economic activity appears to be expanding like gangbusters at the start of 2024. But it is happening against the backdrop of benign inflation and a loosening labor market, setting off fewer alarm bells at the Fed.
New York Attorney General Letitia James amended the state's lawsuit Friday against cryptocurrency firms Digital Currency Group, Genesis and Gemini, saying the alleged fraud cost investors more than $3 billion.
Why it matters: The new figure nearly triples the amount the AG initially alleged was lost in the Gemini Earn program.
At least 85 journalists have been killed since the Israel-Hamas war began Oct. 7, according to the latest tally from the Committee to Protect Journalists (CPJ) out Friday.
The big picture: It's a staggering number of journalist deathsto be documented across such a short period of time. Many others have been reported missing or injured.
Belgium's government is shopping around an avant-garde solution to Ukraine's money problems, now that further direct aid to the country seems all but dead in the U.S. Congress.
Why it matters: The war has dragged on — this month marks two years. Ideas that once seemed far-fetched or too difficult are now being given serious consideration.
