generations | Common News Update

Jan272020 by adminNo Comments

Here’s where younger generations expect their retirement income to come from

Finance

Hero Images | Hero Images | Getty ImagesMany Americans believe they will live longer than their parents.For younger generations, that has led to a big concern: how they will provide financially for those extended years.That's according to a new online poll from the Longevity Project and Morning Consult, which surveyed 2,200 U.S. adults in December.Of the individuals polled, 63% said they expect their lives to be longer than their parents'. That rate was even higher for members of Gen Z, those ages 18 to 22, with 70% indicating they expect to live longer.More from Personal Finance:Here's how to pay down debt and set yourself up for successThis online tool helps figure out how much cash you needHere's when your tax return could spark interest from the IRSDespite those hopes, many individuals...

Sep12019 by adminNo Comments

Many minorities avoid seeking credit due to generations of discrimination. Why that keeps them back

Finance

Image Source | DigitalVision | Getty ImagesFor many minorities in America, it's an all too familiar scene.An applicant who is a person of color and and applies for credit is either denied or gets much worse terms than a white borrower.In fact, an investigation by the National Fair Housing Alliance, a Washington D.C.-based nonprofit, found that 60% of the time, applicants who were people of color — and way more financially qualified than their white counterparts —nevertheless were offered higher-priced car loans, costing them an extra $ 2,662 each over the course of the loan. Sen. Bernie Sanders (I-Vt.) and Rep. Alexandria Ocasio-Cortez (D-N.Y.) joined forces in May to introduce the Loan Shark Prevention Act to "combat the predatory lending practices of America's big banks and protect...

Jul92019 by adminNo Comments

Parents’ ‘memory’ of environmental stress inherited across generations

Science

July 9 (UPI) -- While actual memories aren't passed along to offspring, new research suggests the genetic effects of environmental stressors experienced by parents can be inherited across generations. The findings, published this week in the journal eLife, offer a new perspective on the nature-versus-nurture debate. "While neuronally encoded behavior isn't thought to be inherited across generations, we wanted to test the possibility that environmentally triggered modifications could allow 'memory' of parental experiences to be inherited," Julianna "Lita" Bozler, a doctoral candidate in the Bosco Lab at the Geisel School of Medicine at Dartmouth, said in a news release. For their experiment, researchers exposed fruit flies, Drosophilia melanogaster, to parasitoid wasps, which deposit thei...

Jul92018 by adminNo Comments

Trauma suffered in childhood echoes across generations, study finds

Health

Trauma in childhood echoes through generations, according to new research that could have implications for thousands of migrant children recently separated from parents at the U.S. border. The study, conducted by researchers at the University of California at Los Angeles and published today in Pediatrics, finds that traumatic events in childhood increase the risk of mental health and behavioral problems not just for that person but also for their children. “Early-life experiences -- stressful or traumatic ones in particular -- have intergenerational consequences for child behavior and mental health," the lead author, Adam Schickedanz, clinical instructor in pediatrics at the David Geffen School of Medicine at UCLA, told ABC News. "This demonstrates one way in which all of us carry...

Jul202017 by adminNo Comments

Young adults are spending more on necessities than older generations

Finance

There's plenty of speculation out there about why Millennials aren't buying homes, investing in the stock market or even buying diamonds.But a new report found that Millennials spend significantly more on necessities like groceries and gas than older generations.On average, people between the ages of 18 and 36 spend $ 2,300 more per year on groceries, gas, restaurants, and cellphone bills than those who are 37 and older, according to a study from Bankrate.com.More from USA Today:Hearing sought to air Amazon-Whole Foods antitrust issuesHow Kroger can combat Amazon's onslaughtWalmart apologizes for retail ad that included racial slurOn the other hand, Millennials spend $ 1,130 less on travel and television than their elders.Although Millennials have far less spending power than other age g...