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Millennials, Gen Z Navigate Wealth Shift Amid Economic Concerns

5/26/2025

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Story summary
  • Millennials and Gen Z are experiencing a wealth transfer from boomers, primarily linked to real estate.
  • Tesla's robotaxi service faces safety scrutiny following tests that raised concerns compared to Waymo.
  • Microsoft’s new AI unit, led by Jay Parikh, seeks to improve customer experience and operational efficiency.
  • Gen Z is increasingly opting for blue-collar jobs, prioritizing better pay and work-life balance.
  • Rising deficits are causing investors to question the safety of the US bond market.