Middle-aged millennials have arrived. As more millennials — often defined as those born between 1981 and 1996 — turn 40, a generation long defined by youth transitions to a new phase in life. And they’re bringing their tech-savviness, social consciousness and spending habits in tow, which is transforming a travel industry intent on staying ahead
Wealth
Prior to running the most popular social media app in the world, TikTok CEO Shou Zi Chew was an intern for one of his largest competitors. Chew, 40, has led TikTok since 2021 — overseeing its ascent to become the world’s most downloaded app last year, with 672 million downloads, according to a Statista analysis
A private island in Palm Beach could become the most-expensive home ever sold in Florida, if it gets its asking price of $218 million. Developer Todd Michael Glaser and his partners bought 10 Tarpon Isle — the only private island in Palm Beach — for $85 million in 2021. They built a brand new house,
Doing well in school doesn’t necessarily translate to financial success. Just ask Barbara Corcoran. In a recent TikTok video, the 74-year-old entrepreneur and investor on ABC’s “Shark Tank” told her followers that she often struggled in school as a child. “I couldn’t do letters and numbers my whole life,” Corcoran said, adding that she even
Mark Zuckerberg’s has long been fascinated with Ancient Rome. Now he has his very own triumvirate. The Facebook co-founder on Friday announced the birth of his third child, revealing that he and his wife Priscilla Chan Zuckerberg have named the baby Aurelia. Zuckerberg shared the first photo of his newborn in an Instagram post, calling
The owner of this over-the-top, seven-bedroom and 11-bath mansion in Los Angeles is prepared to accept $6 million less than what he paid for it less than two years ago — all to beat a ticking clock. The home features a Kobe Bryant-themed basketball court, car showroom and a 70-foot infinity pool that appears to
As a young, avid collector of luxury watches, Austen Chu said he was scammed “many times” when he bought timepieces from the secondary watch market. “Once, I bought a watch which had a dented dial and the seller told me that the dial got dented during shipping,” Chu recalled. And he believed it. But now,
When it comes to the U.S. economy, confidence is key. But the banking crisis has threatened to upset how most people feel about their financial picture. “The bank problems are probably making a lot of people think twice,” said Diana Furchtgott-Roth, an economics professor at George Washington University and former chief economist at the U.S. Department of
Over the last 50 years, Americans have eradicated smallpox, reduced infant mortality rates and deaths from heart disease by around 70%, added a decade to the average American’s life and invented the internet. When it comes to the national poverty rate, however, we’ve made almost no progress. In 1970, a little more than 12% of
Hong Kong has been named the most expensive location in Asia for business travelers — for the second year in a row, according to a new report. ECA International’s latest Daily Rates research ranked countries based on costs for short trip expenses: four-star hotel rooms, meals, laundry, alcoholic and soft drinks, journeys by taxi and
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