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The “unlucky” generation facing a retirement nightmare

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A recent study has revealed that Generation X, born between 1965 and 1980, is grappling with the most significant wealth gap of any generation in modern history.

 
This alarming revelation has sent shockwaves through the financial world, leaving many Gen Xers anxious about their retirement prospects.

The study, conducted by leading economists, highlights a multitude of factors contributing to this dire situation.

Firstly, Gen X faced the brunt of economic downturns during their prime earning years, including the dot-com bubble burst and the 2008 financial crisis.

This disrupted their ability to accumulate wealth.

Secondly, stagnant wage growth and rising living costs have made it increasingly challenging for Gen X to save adequately for retirement.

Many are burdened with student loan debt and mortgages, leaving little room for meaningful investments.

To compound matters, Gen Xers are sandwiched between supporting their aging parents and financially assisting their own children through higher education and early adulthood, further eroding their financial security. #featured #retirement

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Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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