A record 52% of young American adults from the ages of 18 to 29 are currently living with their parents, according to Pew Research data released Friday. In July, 26.6 million were living with their parents, an increase of 2.6 million from February.

The previous recorded peak was in 1940, when 48% of young adults lived with their parents. This figure may have been higher during stretches of the Great Depression in the 1930’s.

The coronavirus pandemic has damaged the economic prospects of Millennials (ages 24 to 39) and Generation Z (ages 18 to 23). A report from Age Wave and Edward Jones published in August found that roughly a third of Gen Z and Millennials say COVID-19 has had an extreme or very negative impact on their financial security. On the other hand, only 16% of Baby Boomers (ages 56 to 74) felt the same way. 

The pandemic has

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  • AUD/USD trades just under flat in a lacklustre session.
  • There is some data coming up overnight that could get things moving.

AUD/USD – RBA content for now

At the last RBA meeting, some analyst’s had been anticipating the central bank could mention the appreciating Australian dollar. The chart below shows the Australian Trade Weighted Index near its highest level in a year. Overnight there could be some volatility as the market will get the latest Australian business confidence figure. Last time out the reading came in at -14 vs the previous number of 0. Having said that there has been a gradual improvement since the low of -66 following the COVID-19 pandemic peak. Later in the week, the main figure from the US will be the CPI print for August. This will now be in focus as the US Federal Reserve have been suggesting they will accept an overshoot over

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(Bloomberg) — Alphabet Inc’s Google unit walked away from a plan to rent space in Dublin for as many 2,000 workers, shelving one of the city’s biggest real-estate deals in recent years.

Google had been in talks to rent about 202,000 sq ft (18,766 square meters) of space at the Sorting Office, close to the Irish capital’s south quays, adding to its array of sites in the city.

“After much deliberation, Google has decided not to proceed,” a company spokeswoman said in an email response to questions from Bloomberg. The company didn’t say why it chose not to go ahead with the deal.

Google is a vast player in Dublin’s real estate scene, employing thousands of workers and occupying offices around the city’s so-called Silicon Docks. While the company plans to continue to invest in its Irish operations, the decision not to proceed with the new leasing will be keenly

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PORTSMOUTH – Frank Silva, one of the owners of The Hammer on State Street, said his establishment had just gotten off the ground when it had to close in March.

“We opened Jan. 31,” said Silva. “We were open for six weeks before the shutdown.”

After COVID-19 arrived, many Seacoast businesses were forced to temporarily close and others closed for good. Now, as the summer draws to a close, businesspeople interviewed Monday in Portsmouth were cautiously optimistic things are improving.

The Hammer reopened in early July. Silva said the most immediate problem was staffing.

“We only have a few people who were here when we first opened,” said Silva. “People can’t wait. They need an income. Thankfully, luckily, we have gotten some really good people, in the kitchen and out front. We are getting busier and busier now.”

The Hammer has been offering outside seating since it reopened. Restaurants have

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To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we’ll want to see a proven return on capital employed (ROCE) that is increasing, and secondly, an expanding base of capital employed. This shows us that it’s a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns. However, after briefly looking over the numbers, we don’t think Triple-S Management (NYSE:GTS) has the makings of a multi-bagger going forward, but let’s have a look at why that may be.

Understanding Return On Capital Employed (ROCE)

If you haven’t worked with ROCE before, it measures the ‘return’ (pre-tax profit) a company generates from capital employed in its business. Analysts use this formula to calculate it for Triple-S Management:

Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets – Current Liabilities)

0.053 =

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Wall Street Journal reporters Ted Mann and Thomas Gryta described in a Hill.TV interview how a series of missteps at General Electric in the years following the departure of former chairman Jack Welch led to GE’s downfall.

a sign in front of a building: Wall Street Journal reporters discuss downfall of General Electric

© Getty Images
Wall Street Journal reporters discuss downfall of General Electric

The two reporters, who co-authored “Lights Out: Pride, Delusion, and the Fall of General Electric,” said the company failed to adapt to a changing industry in the new century.

Gryta said that under Welch, GE’s chairman from 1981-2001, it was profitable to focus on financial services. But continuing that strategy under Jeff Immelt, Welch’s successor, proved unsustainable when the 2008 financial crisis hit, Gryta said.

Immelt attempted to fight the tough battle of sustaining the high expectations the public had under Welch while guiding the company to a safer position, the reporter noted. However, buying failing industrial rival, Alstom, and

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Xiaomi’s Mi India today announced the launch of its Horizon Edition TV series with two new smart televisions.

The company has launched two new televisions as part of its Horizon Edition TV series, the 32-inch Mi TV 4A Horizon Edition and the 43-inch Mi TV 4A Horizon Edition.

Specs and features

The smart TVs come with a bezel-less design with a 95 per cent screen to body ratio and 178-degree viewing angle. It is powered by a Quad-core Processor with Mali-450 Graphics.

The devices feature Mi’s proprietary Vivid Picture Engine technology for “accurate screen calibration, deeper contrasts and pinpoint precision in colour reproduction.”

The televisions are powered by PatchWall. Patchwall provides deep integration of over 23 content platforms including Netflix, Prime Video and Hotstar. Other features of the system include Universal search, Kids mode, Curated lists and One Click Play.

The smart TVs will run on Android TV 9.0 with

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In a time when so many American businesses contract their labor our to be done in other areas of the country or overseas, one Ellicott City, Maryland, business has come into its own by doing the work themselves.

In a time when so many American businesses contract their labor our to be done in other areas of the country or overseas, one Ellicott City, Maryland, business has come into its own by doing the work themselves.

“I’ve worked in furniture starting with the antique shows that mom and dad did when we were kids,” said John Shoemaker, of Shoemaker Country.

Shoemaker Country, on Main Street, originally sold antique furniture. Tom and Susan Shoemaker collected antiques at shows and become dealers. But their son John said people on the hunt for a particular kind of bench or table would often come in looking for help. That’s when he, his brother and

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The NBA bubble has held. So has the NHL’s double bubble. The WNBA and MLS, no leaks.

In this unprecedented landscape of sports in a pandemic world, one indisputable fact has emerged: bubbles work.

Thousands of tests, minimal to no positive COVID-19 test results.


So as the NCAA gets set to announce its plans for the 2020-21 college basketball season, there are clear precedents and blueprints in place should it decide to go the bubble route.

“It’s certainly viable,” said Mark Starsiak, vice president of sports at Intersport, a Chicago-based sports marketing and media agency, “From a basketball standpoint, I think we can follow those models.”

The college football restart has been scattershot. The season has already started, yet 53 FBS schools have the pads and helmets hanging on hooks while waiting for better

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Recently, Dave Gettleman admitted it was “fair” to question why the Giants hadn’t yet cut troubled cornerback DeAndre Baker, but that “in life,” the general manager said “there’s timing involved.”

a baseball player holding a football ball: Cornerback DeAndre Baker will soon be waived by the Giants.

© Andrew Mills | NJ Advance Media/Andrew Mills | NJ Advance Media/nj.com/TNS
Cornerback DeAndre Baker will soon be waived by the Giants.

Well, that timing is … now. Or, soon, at least.

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The Giants intend to move on from Baker this week, per NFL Network’s Ian Rapoport, ending the former first-round pick’s controversial saga with Big Blue after just one season.

Baker was charged with four counts of armed robbery stemming from an alleged incident this summer in Florida. He was placed on the commissioner’s exempt list before training camp, and since then the Giants have planned for life without the 23-year-old.

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