Spending & Saving Habits - Gen Z's overall spending decreased by 13% between January and April due to cost of living challenges, economic uncertainty, and inflation [1] - Gen Z is building emergency accounts to buffer potential job loss, aiming for a few hundred to a couple thousand dollars in savings [3] Employment Concerns - Gen Z is not only afraid of losing their jobs but even more afraid of not finding another one [2] - AI is contributing to Gen Z's concerns about getting a job, getting promoted, and gaining responsibilities, especially in the first year or two after college [12][13][14] Financial Outlook & Support - Over 60% of Gen Z supports universal basic income [15] - A majority of Gen Z does not believe they will ever be able to afford to retire [15][18] - Parents of Gen Z are increasingly under financial stress, impacting their ability to support their Gen Z children [5] Generational Differences & Workplace - There's a dislocation within Gen Z, with some members progressing while others struggle, creating challenges [7][8] - The industry believes Gen Z is miscast, as over 70% believe being a loyal employee means working at least one year at an employer [21]

When the economy feels uncertain — whether from high inflation, rising costs of living or predictions of future instability — changing banks might sound risky, but it could actually be one of the best financial moves you make. Find Out: Here’s How to Build an Emergency Fund Without Blowing Your Budget Read Next: 9 Low-Effort Ways To Make Passive Income (You Can Start This Week) Staying with your current bank might mean settling for lower rates and poor service. Switching, if done wisely, can raise your yi ...

Key Points SoFi increased its membership by 35% to 12.6 million. The company's management raised its earnings outlook to $0.37 per share for the year. SoFi is proving that a one-stop financial shop for members can weather economic uncertainty. 10 stocks we like better than SoFi Technologies › Shares of the fintech company SoFi Technologies (NASDAQ: SOFI) rose in October after the company reported strong third-quarter results that beat Wall Street's consensus estimates. The record quarter also spu ...

Core Insights - Commercial real estate (CRE) dealmaking is experiencing a downturn in 2025, with transaction values significantly below pre-Covid levels, despite a 5% increase from the previous year as of Q3 [2] - Key trends include a flight to quality in property investments, economic uncertainty impacting the hotel sector, and renewed interest in office and retail spaces [3][5] Transaction Trends - The average dollar size of sales in September increased to $12.7 million, compared to $11.2 million over the previous two years, indicating a flight to quality [3] - Among the top 50 deals, 29 transactions exceeded $100 million, with the volume of such deals rising by 35% year-over-year in Q3, while smaller deals have remained flat or decreased [4] Sector Performance - The hotel sector is notably weak, with deal values down 30% in September compared to the same month in 2024, attributed to reduced international and business travel [6] - Investors are showing more confidence in higher quality properties, leading to increased investment from various sources, including sovereign debt funds [5]

Core Insights - Berkshire Hathaway remains cautious about market conditions, accumulating a record cash reserve of $381.7 billion while profits increased [1][2] - The company has sold more stocks than it has purchased for 12 consecutive quarters, maintaining an equity portfolio valued at $283.2 billion [1][2] - Operating profit for the third quarter rose 34% to $13.49 billion, exceeding analyst expectations, while net income increased 17% to $30.8 billion [2][7] Financial Performance - Revenue growth was limited to 2%, which is slower than the overall growth rate of the U.S. economy [2] - Lower insurance losses contributed to the increase in operating profit, which translates to approximately $9,376 per Class A share [2][7] Market Position and Strategy - Economic uncertainty and declining consumer confidence have negatively impacted sales growth in various sectors, including homebuilding and consumer goods [3] - Berkshire Hathaway has not repurchased any of its own stock for five consecutive quarters, despite its stock price lagging behind the broader market [2][3] Leadership Transition - Warren Buffett is preparing to step down as CEO after a six-decade tenure, with Vice Chairman Greg Abel set to take over [4] - Abel is expected to adopt a more hands-on management style, though the future use of the company's cash reserves remains uncertain [4] Recent Transactions - Berkshire Hathaway plans to allocate $9.7 billion of its cash to acquire Occidental Petroleum's OxyChem chemicals business, a deal announced on October 2 [5]

Toothpaste maker Colgate-Palmolive cut its annual sales forecast on Friday, in a sign that rising economic uncertainty is squeezing consumer appetite to spend on higher-priced items even in essential ... ...

Singapore-based JE Cleantech, a cleantech company focused on the manufacturing of precision cleaning systems and provision of centralized dishwashing, announced its H1 2025 results todayOverall Group revenue declined 39.5 per cent compared to the corresponding period last year (H1 2024), caused by the rescheduling of delivery and commissioning of major orders of precision cleaning systems to a later period this yearThe Group maintains a healthy order book value for its cleaning systems and other equipment o ...

Core Insights - Marine Products Corporation reported a 7% increase in net sales for Q3 2025, reaching $53.1 million, primarily driven by a price/mix increase, despite a slight decrease in the number of boats sold [4][7][8] - The company expressed cautious optimism about the marine industry's recovery, noting that dealer inventory has adjusted to stabilizing demand and there is strong interest in larger boats and new model offerings for 2026 [3][4] - Economic uncertainty continues to affect the marine industry, but potential lower interest rates and clarity on tariffs are seen as positive factors for future performance [3][4] Financial Performance - Gross profit for Q3 2025 was $10.2 million, an 11% increase year-over-year, with a gross margin of 19.2%, up 80 basis points from the previous year [5][7] - Selling, general and administrative expenses rose by 31% to $7.4 million, representing 13.9% of net sales, largely due to increased R&D investments and warranty costs [6][7] - Net income decreased by 22% year-over-year to $2.7 million, with diluted EPS at $0.07, reflecting higher R&D investments and cost adjustments [7][8] Cash Flow and Balance Sheet - The company ended Q3 2025 with $47.4 million in cash and no debt, with net cash provided by operating activities at $11.7 million and free cash flow at $10.8 million year-to-date [9][10] - Year-to-date dividend payments totaled $14.7 million, and a quarterly dividend of $0.14 per share was declared [10] - Total assets increased to $179.5 million, with total liabilities at $53.2 million, indicating a solid capital structure [17]

Sysco maintained its annual forecasts despite beating first-quarter estimates on Tuesday, reflecting growing concerns about the impact of economic uncertainty on the food distributor's foodservice cus... ...

Core Insights - Mattel reported third-quarter results that fell short of sales and profit estimates, primarily due to weak retail demand for its toys in North America amid increasing economic uncertainty [1] Company Summary - Mattel's sales and profit figures for the third quarter did not meet market expectations [1] - The company is experiencing sluggish retail demand for its toys, particularly in the North American market [1] - Economic uncertainty is cited as a contributing factor to the decline in demand for Mattel's products [1] Industry Summary - The toy industry is facing challenges related to retail demand, especially in North America [1] - Economic conditions are impacting consumer spending on toys, leading to a slowdown in sales for companies like Mattel [1]