A study from the Center for Financial Services Innovation found that almost half of Americans and 54% of 18- to 25-year-olds say their expenses are as much as or more than the income they're bringing in. Twenty-five percent of Americans say they have too much debt, with 96% of those saying they are experiencing stress.
It's extremely difficult to sell to millennials without a competent mobile app and social media marketing, writes Elle Toussi. Be willing to pair with social influencers to boost your signal, and make sure your messaging is informative and concise.
A school-based health clinic has opened, thanks to the winning idea of four health care and IT career pathways students. The idea grew from the health care needs of students in North Chicago, one student said, and became a project for a science, technology, engineering and math challenge, with mentorship from a pharmaceutical company.
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Statements from European Central Bank President Mario Draghi and Bank of England Governor Mark Carney appear to have caused a degree of market movement and confusion, resulting in surges for eurozone bond yields and the pound. Draghi's comments that intimated a change to the ECB's bond-buying policy are said to have been misinterpreted, while Carney's comments that the UK interest rate may need to rise seemed at odds with his stated opinion from last week.
A new Market 32 by Price Chopper location has opened in Clifton Park, N.Y., and features ready-to-eat foods, expanded natural, organic and gluten-free options and locally made and grown products. The 52,400-square-foot unit is the 15th operating under the Market 32 concept, with parent group Golub Corp. expected to break ground on a location in Maynard, Mass., later this summer and open additional stores in the future.
Senate Majority Leader Mitch McConnell, R-Ky., announced Tuesday that a vote on the Better Care Reconciliation Act will be postponed until after the July Fourth recess amid opposition from several GOP senators and following the release of a Congressional Budget Office report showing that 22 million more Americans would become uninsured by 2026 if the bill becomes law. The plan is to develop compromise legislation by the end of this week and give senators the break to study the legislation before a vote, an aide said.
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Google-owned Waze, a driving navigation app, has been working with brands such as AT&T, McDonald's, Dunkin' Donuts and Adidas to help them engage with consumers on the go. The app offers advertisers high-impact spots when drivers are idle for at least three seconds, branded pins on its navigation map, and voice takeovers to promote TV shows and movies.
Under Armour has named former Aldo Group CEO Patrik Frisk as its new president and chief operating officer, reviving the COO title it eliminated two years ago and adding an executive with expertise in shoes as Under Armour looks to the category to take on rivals including Nike and Adidas. The workout wear brand has also named Colin Browne as supply chain chief and Paul Fipps chief technology officer.
Large companies are among those rushing to react to another cyberextortion campaign spread via a virus called Petya. Researchers have found that creating a read-only file and placing it in the C:\Windows folder stops the attack on a particular computer.
FDA Commissioner Scott Gottlieb emphasized the continuing need for strong regulatory oversight of compounded drugs and other safety provisions of the 2013 Drug Quality and Security Act in a statement released June 26. He noted that, from the time the DOSA was enacted to the beginning of this month, the FDA has issued more than 150 warning letters to compounding facilities for significant violations.
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Comcast and Charter Communications are in an exclusive, two-month agreement for discussions on providing wireless services, sources say. While a joint acquisition may be on the table, the more likely scenario is a resell agreement that would allow the cable giants to sell wireless services through Sprint's network, the sources say.
A new rule on fall protection, updated by the Occupational Safety and Health Administration in January, is creating concern among employers who say key terms in the update are not clearly defined. The new guidelines allow "temporary and infrequent" work to be done without fall protection without specifying what that means or how it will be enforced.
The wind industry paid Mower County, Minn., more than any other county in the state -- nearly $2.4 million -- for state wind energy production tax revenue in 2016. "Wind has become very, very important to Mower County, its taxpayers and our environment," Mower County Board of Commissioners Chairman Tim Gabrielson said, adding that the funds would be used for infrastructure upgrades and tax relief for residents.
Several initiatives over the last nine years have helped Virgin Atlantic decrease aircraft carbon dioxide emissions by 22%, the company reports. During that time frame, the company has decreased carbon emissions from 5.7 tons to roughly 4.4 tons through initiatives such as single-engine taxiing, optimized flight planning and use of a low-carbon fuel.
Hotels must take advantage of the growing popularity of eating out by integrating online restaurant reservation technology, writes Matthew Stubbs, CEO of BookingTek. Direct booking, he adds, makes better long-term sense than using intermediaries.