Meet the finance duo behind Dave’s Hot Chicken’s $1 billion deal as Gen Z flocks to the brand

Gen Z is reshaping dining habits, particularly at chain restaurants, by opting for smaller, more affordable meals like shared entrées or appetizers. This shift highlights a growing trend among younger diners who prioritize budget-friendly options, contrasting sharply with the dining preferences of baby boomers and millennials. Understanding these changes is crucial for restaurants aiming to attract this demographic and adapt their menus accordingly.

Gen Z employees are increasingly open about discussing their salaries with coworkers, a practice that not only empowers them but also encourages transparency within companies. This shift is significant as it can help address pay inequities and foster a more equitable workplace culture. By sharing salary information, employees can ensure fair compensation and hold employers accountable, ultimately benefiting both workers and organizations.

In a recent interview with Fortune, a millennial astronaut shared insights on how Gen Z tends to quit when faced with discomfort. She highlighted her training with Jeff Bezos' Blue Origin, emphasizing the importance of embracing discomfort as a tool for success. This perspective is crucial as it encourages resilience and perseverance, qualities that can help young people navigate challenges in their careers and personal lives.

A recent investigation has revealed that Brazilian scammers have been using deepfake technology to create fake advertisements featuring supermodel Gisele Bundchen on Instagram, raking in millions from unsuspecting victims. This alarming trend highlights the growing sophistication of online scams and the potential dangers of deepfake technology, which can easily mislead consumers and damage reputations. As social media continues to evolve, it's crucial for users to remain vigilant and informed about such deceptive practices.

Gen Z billionaire Alexandr Wang recently encouraged 13-year-olds to emulate Bill Gates, who famously snuck out to code at night. Wang highlighted how early exposure to personal computers provided a significant advantage in today's economy. This message resonates as it emphasizes the importance of passion and dedication in shaping future success, inspiring young minds to pursue their interests relentlessly.

As millennials and Gen Zers show increasing interest in entering the housing market, a real estate expert warns that the desire to buy a home isn't always a sound reason to become an owner. This perspective is crucial as it encourages young buyers to consider their financial readiness and long-term goals before making such a significant investment.

More retirees are turning to inflation-protected annuities, which offer increasing income over time, reflecting a growing trend in financial planning. This shift is significant as it helps retirees safeguard their purchasing power against inflation, ensuring they can maintain their standard of living. Additionally, many are opting for enhanced rates due to health issues, which highlights the importance of tailored financial solutions in retirement planning.

Pope Leo XIV is set to implement changes in the management of the Holy See's financial investments, which will reduce the influence of the Vatican Bank. This move is significant as it reflects the Pope's intention to enhance transparency and accountability in the Church's financial dealings, potentially impacting how funds are managed and invested in the future.

JPMorgan has announced a leadership change in its European banking division, with Filippo Gori stepping down and Conor Hillery and Matthieu Wiltz taking over as co-heads. This shift is significant as it reflects the bank's strategy to strengthen its regional presence and operations, especially after Gori managed the role from New York. Such changes can impact how the bank navigates the European market and responds to local challenges.

The UK's tax authorities, HMRC, are investigating the finances of George Cottrell, a key ally of Nigel Farage and supporter of Reform UK. This scoping exercise is focused on Cottrell's income and tax residency, raising questions about his business dealings. This matters as it highlights the scrutiny faced by political figures and their associates, especially regarding financial transparency and accountability.

Angola is looking to re-enter the eurobond market this year as the risk premium on its international debt decreases. This is significant because it indicates a recovery in investor confidence, especially as other African nations are also returning to the market. A successful eurobond sale could provide Angola with much-needed funds to support its economy, which has been heavily reliant on oil revenues.

Cory Doctorow's new book 'Enshittification' is stirring up conversations in the tech world, challenging the status quo and urging readers to rethink the impact of technology on society. This book matters because it addresses critical issues like digital rights and corporate power, encouraging a more informed public discourse about the future of technology.