Gen Z’s yearning for a world before tech ruined everything fuels retro design boom: ‘Nostalgia-driven design choices become comforts that help us cope’

American Express is experiencing record revenue growth, largely driven by its wealthy millennial and Gen Z Platinum members who appreciate the card's exceptional value. CEO Steve Squeri describes the Platinum card as evolving into 'the premium lifestyle card,' which has resonated well with consumers. This shift has positively impacted the company's stock, which surged over 7% as investors recognize the card's status symbol appeal. This trend highlights the changing landscape of consumer preferences and the importance of premium offerings in the financial sector.

Andry Rajoelina, the president of Madagascar, has experienced a dramatic rise and fall in his political career, particularly influenced by the younger generation known as Gen Z. His journey from a DJ to a political leader reflects the changing dynamics in Madagascar, where youth engagement is reshaping the political landscape. This shift is significant as it highlights the increasing power of younger voters in determining the future of leadership in the country.

Robinhood is expanding its reach by targeting younger investors and retirement accounts, aiming to make trading accessible to everyone. This strategy not only capitalizes on its popularity among millennials but also positions the app to benefit from the growing interest in the stock market, especially as it enters the S&P 500. This move is significant as it could reshape how new generations engage with investing and financial planning.

Meta is making waves in the job market by offering entry-level positions with salaries reaching up to $290,000 a year, requiring just a bachelor's degree and minimal experience. This move is significant as it contrasts with many tech companies that are scaling back on hiring, particularly for Gen Z candidates. By creating these opportunities, Meta not only supports new talent entering the workforce but also sets a precedent for competitive salaries in the tech industry.

Exzeo, an innovative insurance technology firm, is setting its sights on a remarkable $2 billion valuation as it prepares for its initial public offering (IPO) in the United States. This move is significant not only for Exzeo but also for the insurtech sector, showcasing the growing interest and investment in technology-driven solutions within the insurance industry. A successful IPO could pave the way for further advancements and competition in the market, benefiting consumers and businesses alike.

A growing number of Gen Z students are opting for technical schools and trades instead of traditional four-year universities, driven by concerns over the dismal job market and soaring tuition costs. This shift highlights a significant change in how young people view education and its return on investment, as they prioritize practical skills and job readiness over a conventional degree. This trend could reshape the future workforce and challenge the traditional education system.

In a time when many young graduates are struggling to find jobs, Verizon's talent chief has shared an encouraging message for Gen Z. She emphasizes that volunteering can be a valuable way to gain experience and stand out in a competitive job market. This advice is particularly relevant as unpaid work can help build skills and networks, making candidates more appealing to potential employers. It's a reminder that even in tough times, there are proactive steps young people can take to enhance their employability.

As Gen Z is set to comprise about 30% of the U.S. workforce by 2030, their unique digital upbringing presents both opportunities and challenges for businesses. While their tech-savvy nature can drive innovation, it also comes with certain cyber blind spots that employers need to address. Understanding these dynamics is crucial for companies aiming to harness the potential of this generation effectively.

Bessent, the Chinese vice premier, is set to meet with US officials in an effort to defuse the ongoing tensions surrounding the proposed tariff hikes. This meeting is significant as it could lead to a resolution that benefits both economies, potentially easing trade relations and fostering a more stable economic environment.

Bessent's upcoming meeting with China's vice-premier is a promising step towards resolving the recent tensions in trade over rare earth minerals. This gathering signifies a potential thaw in relations, which is crucial given the importance of these materials for various industries. As both nations navigate this critical issue, the outcome could have significant implications for global supply chains and economic stability.

China's rare earth product exports have declined in September, reflecting the impact of Beijing's stricter regulations on these strategic minerals. This drop not only affects global supply chains but also intensifies the ongoing tensions between China and the United States. As rare earths are crucial for various high-tech industries, this situation could lead to significant repercussions for international trade and technology sectors.

Keir Starmer's handling of China relations has led to increased complications for the UK, as the country struggles to find a clear strategy amidst contrasting approaches from the EU and the US. While the EU aims to 'de-risk' its ties with China, the US has taken a more aggressive stance with a trade war. This situation highlights the UK's muddled approach, making it harder for Starmer to navigate the complexities of international relations and trade, which could have significant implications for the UK's economy and global standing.

Sinopec has redirected a supertanker away from a port that is under US sanctions, according to ship tracking data. This move highlights the ongoing complexities of international trade and the impact of sanctions on global shipping routes. It matters because it reflects how companies navigate geopolitical tensions while trying to maintain their operations and supply chains.

Leigh-Anne Pinnock has just dropped her new single 'Dead and Gone,' which is part of her highly anticipated debut album 'My Ego Told Me To.' This release marks an exciting step in her solo career, showcasing her growth as an artist and her unique sound. Fans are eager to see how this single will resonate and what it means for her future projects.