Fidelity data reveals the average millennial 401(k) balance stands at $67,300. While the figure may seem modest, financial experts argue it represents a solid foundation for a generation that entered the workforce during economic turmoil.
Brand incubator Maesa is betting on the growing body care category with the launch of Ontu, a new line bringing high-performance, facial-inspired formulas to Target shelves at accessible price points, capitalizing on shifting consumer skincare rituals.
New data reveals the average 401(k) balance for Generation X, painting a concerning picture for those nearing retirement. Experts weigh in on the gap and potential strategies to bridge it.
As the U.S. wine industry grapples with a multi-year slump, iconic tasting rooms are shuttering. The latest casualty is Hall of Fame NFL coach Dick Vermeil's Napa venue, a move reflecting broader shifts in consumer habits and market pressures.
New market data reveals a stark generational divide in American drinking habits, with Gen Z contributing a mere 4% to total alcohol sales last year. The findings challenge long-held industry assumptions and highlight the enduring spending power of older consumers amid a broader shift toward premiumization and alternative beverages.
The fast-casual salad chain's stock fell sharply this week, pressured by a broader retreat in growth stocks and a reiterated sell call from Goldman Sachs, despite positive signals from the broader restaurant sector.
American Express reported a 10% revenue surge to $72 billion for 2025, driven by strong premium card demand and disciplined credit. Executives project 9-10% growth for 2026, betting on younger customers and strategic tech investments to sustain momentum.
Equity Lifestyle Properties (ELS) reported solid 2025 results with NOI and FFO growth, driven by its core manufactured housing communities. While forecasting further growth for 2026, management acknowledged ongoing fluctuations in its seasonal RV business and provided detailed guidance.
