How Millennials Could Upend Wall Street and Corporate America – 64% of millennials said they would rather make $40,000 a year at a job they love than $100,000 a year at a job they think is boring.
The American Dream is out of reach 59% of adults think the American dream has become impossible for most to achieve, up from 54% in a poll conducted in 2006. What’s more, 63% of those surveyed believe most children in the U.S. will grow up to be worse off than their parents.
Half of Americans can’t afford their house Over half of Americans (52%) have had to make at least one major sacrifice in order to cover their rent or mortgage over the last three years, according to the “How Housing Matters Survey,” which was commissioned by the nonprofit John D. and Catherine T. MacArthur Foundation and carried out by Hart Research Associates. These sacrifices include getting a second job, deferring saving for retirement, cutting back on health care, running up credit card debt, or even moving to a less safe neighborhood or one with worse schools.
Shark Tank Pro: Home Buying is a bad investment now Real estate will be a “crappy investment” over the next five to 10 years thanks to rising interest rates and stagnating home prices, investor Kevin O’Leary told CNBC’s “Closing Bell.” “I am convinced that at some point later this year we’ll see the first 25 basis point rise. It’ll rip through the infrastructure of utilities, and REITS and real estate,” said O’Leary, one of the stars of the reality show “Shark Tank.”
What MasterCard’s Zero Liability Pledge Means for Your Debit Card In the wake of a spate of data breaches highlighting the vulnerability of companies that hold consumer information, MasterCard Inc announced last week it would apply the same rules to PIN-based debit card transactions as those used for credit cards: zero liability when fraud is reported.