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NextGen Magazine

 
 

Latest Articles

  • Study Finds the More Unequal a Society, the Better Being on Top Feels

    By:
    Chris Gaetano
    |
    Nov 20, 2019
    A recent study outlined in the Harvard Business Review found that, one, people care deeply about their rankings within a group, and, two, the more unequal this group, the better it feels to be on top of it. 
  • For Large Majority, Holiday Season Means Holiday Money Stress

    By:
    Chris Gaetano
    |
    Nov 19, 2019
    On the one hand, 70 percent of people are stressed about the upcoming holiday season, primarily due to the money people will have to spend. On the other, they also plan to spend more this year than last. 
  • Study Finds Deflection Least Risky Option When Facing Tough Questions

    By:
    Chris Gaetano
    |
    Nov 18, 2019
    When faced with a difficult question, people might tell the truth, demure, lie, or deflect; of these responses, a recent article in the Harvard Business Review argues, deflection seems to be the least risky one. 
  • Total U.S. Household Debt Reaches $13.95 Trillion

    By:
    Chris Gaetano
    |
    Nov 14, 2019
    The New York Federal Reserve said that all U.S. household debt combined—items such as credit cards, mortgages, auto loans, and student debt—now stands at $13.95 trillion. 
  • Wealthiest in World Lost $388 Billion Last Year, or 4.3 Percent of Collective Wealth

    By:
    Chris Gaetano
    |
    Nov 13, 2019
    A recent report has found that the world's billionaires lost $388 billion in 2018, representing a 4.3 percent collective loss. 
  • Faced With Rising Fintech Competition, Traditional Banks Must Adapt to Survive

    By:
    Chris Gaetano
    |
    Nov 12, 2019
    Rising competition from tech companies has eroded many banks' traditional sources of revenue, but rather than trying to hold back this change, financial institutions are taking their cues from it, as they seek to become more like their digital rivals. 
  • NYS Investigating Goldman Sachs Over Gender Discrimination in Apple Card

    By:
    Chris Gaetano
    |
    Nov 11, 2019
    The New York Department of Financial Services is investigating Goldman Sachs, the bank supporting the new Apple card, for gender discrimination due to major differences in who gets approved for how much credit. 
  • Cannabis Advocates Warn NY Regulator to Avoid Mistakes of New Jersey, Oregon

    By:
    Chris Gaetano
    |
    Nov 8, 2019
    As New York continues to progress down the path of legalized adult-use cannabis, advocates from New Jersey and Oregon warned the governor's assistant counsel overseeing policy development in this area to use the benefit of hindsight and avoid the mistakes their own states made. 
  • Study Finds 44 Percent of Americans Are 'Low-Wage Workers'

    By:
    Chris Gaetano
    |
    Nov 7, 2019
    A recent study has found that, despite the total number of jobs increasing apace, many of them don't pay well, as 44 percent of Americans 18-64 are low-wage workers. 
  • Mentors: Valuable Both in and Outside a Firm

    By:
    Chris Gaetano
    |
    Nov 5, 2019
    Having a mentor can make a significant difference over the course of someone’s career. Numerous academic studies have found links between mentorship and improved rates of promotion, compensation and overall career satisfaction. While many companies have formal mentorship programs, including each of the Big Four accounting firms, what if you’re at one of the firms that don’t have one? Or what if your firm isn’t offering the type of help and support you really need? At a certain point, it might be better to look outside your company for a mentor.