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5 mins read

Meet the last 20-something millennials: They're twice as wealthy as their geriatric peers were and are carving creative paths to homeownership

Millennials are saying goodbye to their 20s with twice as much wealth as their Great Recession-blig…

Hillary Hoffower   


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3 mins read

The economy's safety net could soon disappear and send us tumbling into a recession

Consumer spending has held up the economy, but there are troubling signs that the blissful summer i…

Cork Gaines   


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2 mins read

The 'freight recession' rocks global shipping, fueling a 75% plunge in container rates

Since peaking during the pandemic, the transportation industry has faced a protracted slump. An ind…

Joseph Wilkins   


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3 mins read

The fallout from the next recession will be almost the exact opposite of the 2020 crash

In 2020, service businesses suffered, the economy nosedived, and Americans spent big on goods. If a…

Ben Winck   


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3 mins read

How 2 recessions changed what we wear

After the Great Recession, fast fashion became a lifehack for professional millennials on a budget.…

Hillary Hoffower   


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1 min read

Meet the typical geriatric Gen Zer: The last of their generation to study in a classroom and work in an office

Sometimes called elder Gen Z, this group is sandwiched between the Gen Zers who just turned 21 and …

Juliana Kaplan,Hillary Hoffow…   


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2 mins read

Millennials say they'll never have enough money to get what they want in life

Nearly half of millennials say finances will prevent them from achieving their version of the Ameri…

Hillary Hoffower   


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6 mins read

Gen Z brought the '90s back because it feels impossible to grow up in today's economy

There's comfort and connection to be found in the nostalgia ruling pop culture right now. It's all …

Hillary Hoffower   


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2 mins read

1980s millennials are finally recovering from the Great Recession

After carrying the weight of the Great Recession for 14 years, the oldest millennials are finally m…

Hillary Hoffower   


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3 mins read

3 ways the economic recovery could suddenly turn into a recession as red flags mount

The pandemic, inflation and the Fed's possible response to it, and China's Evergrande fiasco could …

Andy Kiersz,Ben Winck   


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3 mins read

The pandemic ate young adults' savings, widening the gap between the Gen Z and millennial haves and have-nots

Gen Z and millennials experienced the most job loss, drawing from their savings to survive. Meanwhi…

Hillary Hoffower   


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2 mins read

65% of Gen Zers plan to join the Great Resignation this year, survey finds

Most Gen Zers plan to quit their job in less than a year, per a new report by Lever. They'd rather …

Hillary Hoffower   


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3 mins read

Cardi B asked when the US is going to be in a recession. Here's why one probably isn't coming this year.

The US probably isn't in a downturn yet, as data shows the recovery still running strong. But many …

Ben Winck,Madison Hoff   


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4 mins read

The next recession isn't here yet. Here's when you should really start worrying about the economy.

Recession fears are on the rise, but spending data, unemployment claims, and market expectations si…

Ben Winck   


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2 mins read

If there's a recession, don't count on the government to come to the rescue with stimulus checks and boosted unemployment benefits

The government unleashed stimulus in each of the last three recessions. With inflation at four-deca…

Ben Winck,Joseph Zeballos-Roig   


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4 mins read

The next recession will be mini compared to the last 2 — and feel completely different

"The type of recession we're looking at is not like a serious, massive downturn in consumer spendin…

Ben Winck   


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2 mins read

A 2023 recession is 'inevitable' as the war on inflation slows down the economy, former New York Fed president says

"Much like Wile E. Coyote heading off a cliff, the US economy has plenty of momentum but rapidly di…

Ben Winck   


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4 mins read

The 1990 recession is a cautionary tale for today's economy

The 1990 recession was sparked by high oil prices, Fed tightening, and economic pessimism, not a bu…

Ben Winck   


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3 mins read

The case for the US avoiding a recession is still alive and well

The May jobs report shows businesses still hiring, but not at a wild pace. It's "probably about the…

Ben Winck   


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5 mins read

The Fed is confident it can stave off a recession in 2022, but others aren't so sure

Federal Reserve Chair Jerome Powell has said the economy is strong enough to withstand higher inter…

Ben Winck