Cashier-less Stores, Millennials Investing, Taxing Billionaires - Vested

Cashier-less Stores, Millennials Investing, Taxing Billionaires

Cashier-less Stores: While Amazon was the first retailer with the concept of cashier-less stores, other retailers are not far behind. Ad Week tells us of Circle K’s plans of 6 checkout free stores in Arizona.  They have decided to partner with Garbango, who uses new AI technology to track what each customer purchases.

Millennials Investing: The world around us changes more and more everyday.¬† This includes how young people like to invest their money. Unlike those before them, millennials are much less likely to trust their money in the hands of an investment firm.¬† Many turn to social media platforms to learn financial insights from others their age, including the basic dos and don’ts of investing.¬† According to The Wall Street Journal these young investors are opting for apps such as Robinhood where they are quickly able to make changes and monitor their earnings.¬†¬†

Taxing Billionaires:  This past week in Congress, a new tax applying mostly to billionaires was quickly shot down.  The Wall Street Journal dives into the details of how this proposal would have a much larger effect on the American public, other than just the top one percent.  Unfortunately, this proposal did not make it very far and has been shelved for future consideration.

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