You can still buy a sofa for $399 — here’s why you may not want to

  Hispanolistic | E+ | Getty Images Don’t expect the sofa you buy today to go the distance. “In the last 15 years, there’s been a shift to disposable furniture,” according to David Koehler, chairman of Johnny Janosik, a furniture retailer with stores in Delaware, Maryland and Virginia. For most consumers, that’s okay. Attitudes have … Read more

Here’s what to know about the first bitcoin ETFs

Recep-bg | E+ | Getty Images The U.S. Securities and Exchange Commission on Wednesday approved the first U.S. spot bitcoin exchange-traded funds. But experts urge caution before piling into the long-awaited ETFs. The agency signed off on 11 bitcoin ETF applications, including funds from BlackRock, Fidelity, Ark Invest, WisdomTree and Grayscale. The new investment provides … Read more

TikTok is driving spending for women in their 20s

Young people using cellphones. Filippobacci | E+ | Getty Images Gen Z women are driving spending trends on TikTok. Women in their 20s spend more time on the short-form video app than male peers of their generation, and it’s exposing them to a financial risk. “TikTok is a Gen Z women-centric app and it is … Read more

Gen Z, millennials have a harder time ‘adulting’ than their parents

Young woman talking to parents. Getty Images Gen Z and millennial adults are having a hard time achieving the same milestones their parents did when they first ventured out into the workforce. For instance, 55% of young adult respondents find it is “much harder” to purchase a home, 44% said it is harder to find … Read more