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My Taiwanese immigrant friend started working in Walmart for minimum wage and retired with $2 million. What was her secret?
Yahoo Finance· 2025-12-13 11:13
His Taiwanese friend, given what he says about her early years and the fact that she could not rely on her husband to boost her financial security, could have been one Walmart WMT pink slip away from being on the street, if she did not have a wealthy family as a social safety net. What’s more, she may also have been sending money home to her own family of origin. This is the stuff that the American Dream is made of, but first-generation immigrants also have language barriers that can restrict their work-lif ...
Why One Income No Longer Pays For The American Dream
CNBC· 2025-12-11 17:01
Even high earners in the U.S. feel the pressure to have two incomes. More than 60% of six figure earners, say one income feels nearly impossible to live on. 26% of U.S. households report their basic needs take up more than 90% of their income, and it takes two working parents to afford a middle class lifestyle.Households where the husband is the single breadwinner have been steadily declining since 1986. In 2024, nearly half of households had both spouses working outside of the home, and that number rose to ...
The American Dream is no longer attainable, say a majority of voters in new polling
MSNBC· 2025-12-10 16:35
So, let's turn now to the economy, which is the issue causing the most stress right now for Americans. That's according to a new poll conducted by Votto Latino, which also finds that 57% say the American dream is dead. Additionally, most Americans are now buying less or cheaper groceries with 28% even reporting skipping meals to save money.and 24% say they've taken a second job or side hustle just to make ends meet. Joining us now, the president of Votto Latino Foundation, Aria Terresa Kumar. Maria, Teresa, ...
When people buy homes, they're ‘buying a share in America,' OpenDoor CEO says
Youtube· 2025-12-09 21:00
Core Insights - The new CEO of Open Door, Cass Natian, is implementing an AI-first turnaround strategy to enhance home ownership accessibility and efficiency in operations [3][5][6] - Natian emphasizes the importance of home ownership for societal well-being, linking it to better outcomes for children and safer neighborhoods [4][12][14] - The company aims to reduce friction in the home buying process, which currently accounts for up to 13% of the cost of homes, by leveraging technology [13] Company Strategy - Open Door is adopting an AI-driven approach to streamline operations, reducing the number of human interactions required in the home buying process from 11 to 1 [6] - The company is focusing on a "founder mode" strategy, which is characterized by rapid decision-making and execution, contrasting with traditional management styles [8][10][11] - Natian's leadership style is expected to foster a passionate and committed company culture, which is essential for driving innovation and change [11] Market Context - The current housing market presents significant challenges, with home affordability decreasing dramatically, making it harder for average Americans to purchase homes [12][15] - Historical context is provided, noting that home ownership was more attainable for middle-class Americans in the mid-20th century compared to today [12] - The company believes that addressing the affordability issue and reducing unnecessary costs will help revive the American dream of home ownership [15][16][17]
Dell CEO pledges $6.25B to fund 'Trump Accounts' for 25 million kids. 💰
Yahoo Finance· 2025-12-02 21:20
Susan and I are super excited to announce our $6.25% billion gift to 25 million American children. We believe the smartest investment that we can make is an investment in children. Our gift will cover most of the children that are 10 and under that are not part of the federal program, the zero to two year olds and who also live in zip codes where the median income is $150,000 or less.We believe that when children have a future that they can see is worth saving for, then that will help build hope and opportu ...
Where Does Prosperity Come From? | Victor Hwang | TEDxFargo
TEDx Talks· 2025-12-02 15:47
[music] I'd like to invite you to ponder a big question with me which is where does prosperity come from. And I don't mean just in the level of how do you make an individual wealthy or how you make a individual business successful. I'm thinking at a macro scale.How do you lift up entire communities and states and even entire countries to make them prosperous. This is a particularly relevant question today at a time when public surveys show that almost half of Americans say that the American dream is slippin ...
X @Nick Szabo
Nick Szabo· 2025-11-17 06:38
RT BowTiedRanger (@BowTiedRanger)Notice how Vivek never talks about immigration in these clips, which has actually killed the American Dream for many lower and middle class white people in this country.Everything he says about American ideals and the Founding Fathers is re-engineered to accommodate an unlimited inflow of Indians into this country. That’s by design.The amount of revisionism applied to our country’s rich history is by far the most revolting aspect of Vivek’s entire campaign. ...
X @Bloomberg
Bloomberg· 2025-11-10 12:30
A lot of young people think they need to buy a home to realize the American Dream, says @allisonschrager. In fact, it's totally fine to wait till you're 40 (via @opinion) https://t.co/ZWUuBVVZLO ...
X @Bloomberg
Bloomberg· 2025-11-05 21:38
Former Chicago Mayor Rahm Emanuel says pouring money into research and education is the way to make the “American Dream” viable. He also won’t rule out a run for president https://t.co/2ajsM9DGsX ...
Rebuilding the American Dream: The Return of the Catalog Home | Alex Athenson | TEDxAltadena
TEDx Talks· 2025-11-05 16:30
In 1906, Sears Robuck was the leading retail company in the country, a pioneering corporate giant, revolutionizing American commerce over the previous two decades. Famous for the extensive Sears catalog, Americans could buy just about anything from this book, from tools to clothing to even live animals. However, one area of the catalog was underperforming, building supplies.Business was down and local manager Frank Kushell was tasked with figuring out how to improve sales. Frank's solution. What if we packa ...