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Millennials
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Nepo-Homebuyers: Aside from Paychecks, Family Money Is the Most Common Source of Young People’s Down Payments

SEATTLE--(BUSINESS WIRE)--Nearly one-quarter (23.8%) of young Americans who recently bought a home used family money to help fund their down payment. That’s according to a new survey commissioned by Redfin, the real estate brokerage powered by Rocket. For Redfin’s report, “family money” refers to either a cash gift from family or an inheritance. Roughly one in five (20.7%) young Americans—Gen Zers or millennials—who recently bought a home used a cash gift from family to help with their down pay...
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Americans Say It Takes More Money to Be Financially Comfortable Now Than It Did a Year Ago According to Schwab Survey

WESTLAKE, Texas--(BUSINESS WIRE)--Americans believe it takes $839,000 to be “financially comfortable,” according to Charles Schwab’s 2025 Modern Wealth Survey, an annual survey that examines Americans’ perspectives on saving, spending, investing, and wealth. This is up from $778,000 reported last year, but down from the $1 million Americans cited in 2023. This year’s Modern Wealth Survey also reveals that Americans now think it takes an average of $2.3 million to be considered “wealthy,” which...
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Affluent Investors Double Allocations to Alternative Investments, HSBC Investor Snapshot Finds

NEW YORK--(BUSINESS WIRE)--HSBC’s new Affluent Investor Snapshot 2025 reveals that affluent investors doubled their allocations to alternative investments over the past year. The trend looks set to continue, holding strong appeal into the future as investors seek to further diversify their portfolios. Around half of the global affluent investors in the survey of 10,797 individuals in 12 markets say they plan to own alternative investments within the next 12 months, doubling the current ownershi...
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Baked by Melissa is on a Mission with PAW Patrol™

NEW YORK--(BUSINESS WIRE)--Baked by Melissa announced its latest licensing partnership with Paramount Consumer Products, launching an exclusive collection of PAW Patrol cupcakes...
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1 in 5 consumers chose foodservice delivery over dine-in in 2024: Euromonitor International

LONDON--(BUSINESS WIRE)--Delivery leads the consumer foodservice market’s recovery, making up 21% of the global consumer foodservice market in 2024, up from 9% in 2019, according to data analytics company Euromonitor International. Euromonitor International’s World Market for Consumer Foodservice 2025 report highlights this is driven by robust growth in the Asia Pacific region, which contributed to 40% of global foodservice sales, with a 6% forecast value Compound Annual Growth Rate (CAGR) for...
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CIM Group Leases 45,000 Square Feet at Panorama Brooklyn to The Beginning Clubhouse, a Family-Focused Membership Club

NEW YORK--(BUSINESS WIRE)--CIM Group leases 45,000 sf 50 Columbia Heights building at Panorama in Brooklyn to The Beginning Clubhouse, family focused private club...
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Allstate Research Shows America Has What It Takes to Improve Trust

NORTHBROOK, Ill.--(BUSINESS WIRE)--America has the desire and resources to improve trust, paving the way for increased prosperity. Allstate’s research highlights that high levels of local engagement can be used to increase trust in each other and our institutions, reversing the decline in trust plaguing countries around the world. “Trust in government, business and leadership has declined precipitously around the world over the last two decades, threatening the foundation of freedom and economi...
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New Study Finds Personalization Over Perks Drives Top-of-Wallet Credit Card Selection

REDWOOD CITY, Calif.--(BUSINESS WIRE)--A new study commissioned by i2c Inc., a global financial technology innovator, reveals that while nearly half of U.S. credit cardholders carry three or more cards, the factors that drive earning the top-of-wallet spot are evolving rapidly. Conducted in collaboration with PYMNTS Intelligence and based on a nationally representative sample of over 2,200 U.S. consumers, “The Credit Economy: Top-of-Wallet Credit Cards” report shows that while rewards and credi...
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Desert Financial Credit Union, Incent Partner to Engage Next-Generation of Members

PORTLAND, Ore.--(BUSINESS WIRE)--Desert Financial Credit Union and Incent Partner to Engage Next-Generation of Members...
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Home Gardeners Highly Concerned about Lawns and Gardens during Droughts and Watering Bans

MINNEAPOLIS--(BUSINESS WIRE)--Home gardener concerns about droughts and watering bans remain high as heat domes happen throughout the nation this summer. Despite these concerns, many homeowners say they are largely unaware of water-saving products for their lawns and gardens, according to a new study from Axiom. “Concerns about keeping lawns and garden plants alive are high,” says Mike Reiber, CEO of Axiom, a Minneapolis-based market research firm that measures consumer attitudes on home and ga...