Gen Z is so frugal they’re doctoring ‘heavy sodas’ at gas station fountains throughout the country to make one drink last all day

In a significant move, President Trump has signed an order declaring that the sale of TikTok is ready, valuing the popular social media platform at an impressive $14 billion. This decision not only highlights the ongoing negotiations surrounding the app's future in the U.S. but also reflects the administration's efforts to address national security concerns. The sale could reshape the landscape of social media in America, potentially leading to new ownership and operational changes that may impact millions of users.

Amber Venz Box, co-founder of LTK, recently discussed the implications of TikTok's evolving algorithms on creators during an interview on 'The Close.' She raised important questions about whether new platforms in the U.S. can effectively capture user attention in a competitive landscape. This conversation is significant as it highlights the ongoing challenges and opportunities for influencers navigating the ever-changing digital marketplace.

Former President Trump has announced that a deal regarding TikTok is finalized, although specifics remain unverified by China or ByteDance, the app's owner. This situation is significant as it highlights ongoing tensions between the U.S. and China over technology and data privacy, and the outcome could impact millions of TikTok users and the app's future in the American market.

The White House has announced that TikTok's US operations are set to be valued at $14 billion following a deal involving former President Trump. This significant valuation comes as Abu Dhabi's MGX joins Silver Lake and Oracle as lead investors, highlighting the growing confidence in TikTok's future in the American market. This development is crucial as it not only reflects the platform's resilience amid regulatory scrutiny but also signals potential for innovation and investment in the tech sector.

Oracle and Silver Lake are joining a group of investors to acquire approximately 50% ownership of TikTok US, a move that highlights the growing interest in the popular social media platform. This investment not only strengthens TikTok's position in the competitive market but also reflects confidence from major players in the tech industry. As TikTok continues to expand its influence, this partnership could lead to innovative developments and enhanced user experiences.

As tariffs continue to drive up prices, secondhand shopping is becoming a go-to option, especially for Gen Z. This shift not only highlights a growing trend towards sustainability but also shows how young consumers are adapting to economic challenges. By embracing secondhand goods, they are finding ways to save money while making environmentally conscious choices, making this a significant cultural moment.

Starbucks is investing $1 billion in a strategy aimed at appealing to Gen Z nostalgia by revitalizing the concept of the 'third place'—a social space outside of home and work. However, this ambitious plan has sparked discontent among the Starbucks workers' union, as it involves store closures and hundreds of layoffs. This situation highlights the tension between corporate strategies and employee welfare, raising questions about the long-term impact on both the workforce and the brand's community image.

Suzy Welch highlights a significant disconnect between Gen Z's workplace values and those of their Gen X and millennial bosses. While Gen Z emphasizes self-care, helping others, and authenticity, these priorities often clash with the expectations of older generations. This mismatch can lead to misunderstandings in the workplace, making it challenging for Gen Z to find employment. Understanding these differences is crucial for fostering a more inclusive work environment that values diverse perspectives.

Gen Z is redefining dating with a trend called 'throning,' where they seek partners who are 25% better than themselves. Experts believe this approach can lead to long-term success in relationships, emphasizing the importance of how one treats their exes and builds their social networks. This shift not only reflects a growing confidence among younger generations but also highlights a strategic mindset towards dating that could reshape future relationship dynamics.

Gen Z is breathing new life into the accounting profession, a field often seen as dull by previous generations. With about 75% of accountants set to retire in the next decade, young professionals are discovering that accounting offers not only job security but also the potential for six-figure salaries right out of college. This shift is significant as it highlights a changing perception of the profession and opens up new opportunities for a generation eager for stability and financial success.

In today's stock market news, stocks have experienced a decline despite a drop in weekly jobless claims and a rebound in monthly durable goods orders. This mixed economic data reflects ongoing uncertainties in the market, especially with significant developments like Trump signing an order related to TikTok. Understanding these trends is crucial for investors as they navigate the complexities of the current economic landscape.

Former President Donald Trump is set to sign an executive order regarding TikTok on Thursday, according to a source. This move is significant as it could impact the popular social media platform's operations in the U.S., reflecting ongoing concerns about data privacy and national security. The decision may influence how users engage with the app and could lead to further discussions about the regulation of foreign technology companies.

Jacq Tatelman, the CEO of State Bags, reflects on the company's origins and its mission to support children in need during the back-to-school season. Inspired by her experiences running a nonprofit camp in Brooklyn, Tatelman emphasizes the importance of providing quality backpacks to kids who often arrive at school with inadequate supplies. For every bag sold, State Bags donates one to an American child in need, making a significant impact in communities. This initiative not only helps students but also raises awareness about the challenges faced by many families, highlighting the importance of social responsibility in business.

A US judge has preliminarily approved a significant $1.5 billion settlement regarding copyright issues involving Anthropic, a leading AI company. This decision is crucial as it not only resolves ongoing legal disputes but also sets a precedent for how copyright laws may adapt to the rapidly evolving tech landscape. The settlement reflects a growing recognition of the importance of intellectual property rights in the AI sector, which could encourage innovation while ensuring creators are protected.

In a recent statement, Trump has urged Turkey to reconsider its dealings with Russian oil, suggesting that he might lift sanctions if Turkey complies. This development is significant as it could reshape U.S.-Turkey relations and impact global oil markets, especially given the ongoing tensions surrounding Russia's actions. The potential easing of sanctions could also influence Turkey's economic landscape and its strategic partnerships.

The top Wall Street regulator has announced plans to review the White House's request for companies to submit layoff plans. This move is significant as it reflects the administration's concern over potential job losses and aims to ensure that companies are prepared for any necessary workforce adjustments. By examining these plans, the regulator hopes to maintain stability in the job market and provide guidance to businesses during uncertain economic times.

Ross, the CEO of American Rebel Holdings, has sold $182,000 worth of stock, which raises questions about the company's future direction. While stock sales by executives can sometimes indicate a lack of confidence in the company's prospects, they can also be part of personal financial planning. This sale is noteworthy as it reflects the ongoing dynamics within the company and the market.

Anne Walsh, the chief investment officer at Guggenheim Partners, discusses the potential for rate cuts in the current economic climate during an interview on 'The Close.' She emphasizes that while there is room for cuts, they may not be the most effective tool at this stage. This conversation is significant as it highlights the ongoing debate about monetary policy and its impact on inflation, especially in light of recent economic trends.