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Study: Saving for retirement before age 40 could make you miserable

How could the conventional wisdom be so wrong? The paper is centered on the idea that money doesnt always equal fulfillment. Instead, it looks at "total life satisfaction from material consumption," Stanford University professor and one of the papers authors, John Shoven, told Geoff Colvin of Fortune. Shoven explained to Colvin that enjoying savings in the future might not be as satisfying as expected because people are impatient and may not be healthy come retirement time — they might not ev...
John Shoven Priya Malani Geoff Colvin National Bureau Of Economic Research Stanford University National Bureau

How meal-delivery service Sakara Life became millennial status symbol

Courtesy of Sakara Life Organic food delivery service Sakara Life has become a staple among wealthy millennials. At a starting price of $70 a day, Sakara offers the young and busy healthy and outsourced meals. The founders told Insider Sakaras success is rooted in its nutritional and spiritual philosophy. It all kicked off with a dinner party in Soho.  Danielle Duboise and Whitney Tingle, two 20-something NYC transplants at the time, were charging friends "admissi...
New York United States Susan Miller Gwyneth Paltrow Chrissy Teigen Danielle Duboise

Diddy's digital exec Deon Graham talks, nightlife, digital marketing

Deon Graham, 35, is the chief brand officer at Combs Enterprises.  He oversees the marketing strategy for everything associated with its namesake founder, Diddy.  He told Insider about his rise, spurred from a nightlife website he founded in the early 2000s.  In the beginning, it was just Deon Graham and his nightlife website, City Never Sleeps. Now, its Deon Graham and Combs Enterprises, where hes chief brand officer, leading marketing for everything associated with the mogul Sean Combs �...
Diddy Ciroc Deon Graham Sean Combs Florida International University In Miami Combs Enterprises City Never

Gen Z-led new gallery Passage Arts is ready to shake up the art world

twomeows / Getty Images Cofounder Reilly Clark says young people feel the art market is too exclusive and unwelcoming.  The gallery opened last summer and has signed five artists from underrepresented communities.  In the art world, so often, there is one question that starts the game: Do you have the means, or perhaps the desire, to buy what some gallery in Chelsea has to offer? Do you have a market and if so, whom?  Actually, scratch that: Who are you?  Jona...
New York United States Salt Lake City A Kanaka Maoli Marius Jacob Gismondi Los Angeles

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GameStop is the latest example of Reddit rage going mainstream

internet disrupted everyday life. GameStop wasnt the first "populist uprising" to spread from Reddit into the real world. Take a lot of anger, give it a place to congregate online, and after enough fomenting, it will spill into the street and markets. By now, the messaging platform - which declined to comment for this article - has had a years-long history of providing a platform for groups of people organizing their rage before collectively acting in real life. This time it was a brief but ep...
United States Andrew Lichtenstein Getty Aja Romano Gamergate Reddit Atlantic Kaitlyn Tiffany Anita Sarkeesian

The art of power dressing with Michelle Obama's stylist Meredith Koop

Throughout the years, Michelle Obama has become a style icon.  Her stylist, Meredith Koop, has helped Obama become the noted fashion icon she is today.  Koop and Black professionals weighed in on the lasting impact of Obamas style and what it says about power dressing.  Daniella Carter said if shes learned one thing from Michelle Obamas style, its what an unapologetic Black successful woman looks like "even when there are people in the world spewing hate."  Carter is a Black trans activist ...
New York United States White House District Of Columbia Grand Canyon New York Stock Exchange

Walmart is doubling down on micro-fulfillment for pickup and delivery

Walmart is embracing micro-warehousing technology across its stores, in order to dominate competitors like Amazon and Target in the push for faster, cheaper fulfillment. The company launched its first "local fulfillment center" in Salem, New Hampshire, back in 2019. At this store, a fleet of personal shoppers gathers items for robots to assemble for online pickup or delivery orders . Now, Walmart is expanding this tech venture. Speaking on a call with reporters on Tuesday, Tom Ward, Walmarts se...
New York United States New Hampshire Tel Aviv Tom Ward Hasan Dandashly

Millennials aren't killing the American Dream. They're reviving it.

Visionhaus/Getty Images Millennials arent killing the American Dream. Theyre reviving it. John Truslow Adams defined the American Dream as a better life for all, but consumerism got involved in a big way after World War II. Millennials are bringing back its true meaning, whether they seek a life of suburbia or an alternative path. A college-educated couple, mortgaged house with a white picket fence, 2.5 kids, and a dog: Its the American Dream, and millennials are "...
New York United States James Truslow Adams Daniela Capparelli Larry Samuel John Truslow Adams

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