Generation Y

Today's economy is especially rough for the young members of Generation Y. And it's hard not feel sympathetic for them ... until you hear this alarming tidbit: Gen Y believes that success comes through luck. Yes, luck, not hard work.

You could just as well call them "Generation Why Bother." Amid our current hard times, the risk-averse and sedentary Gen Y-ers exhibit little of the gumption that helped prior generations survive their own periods of economic trouble.

At the rate things are changing and in the direction they're moving, the early baby boomers will be the last people to receive both full pensions and full Social Security benefits. If that's not you, you have some extra preparing to do. Here's why, and how:

A spate of recent surveys highlight the dark trends around retirement in America. More of us expect to work significantly later in life, fewer of us think we're saving enough -- and the ones who think they are are often wrong. But it may not be too late for you to take some good advice.

Hello, Gen Y! I've got good news and bad news for you. The good news is we've dodged a double dip recession. The bad news is that you're going to be seeing high unemployment for a long time to come. Here's some advice ...

A new study reveals that 68% of recent college graduates either aren't working or are working at jobs not in their chosen field. But the shaky economy doesn't mean finding an entree into your career is impossible. Here's what you need to do to boost your odds of hearing "You're hired."

To hear most financial experts tell it, members of Generation Y are a coddled group of young adults who rely economically on Mom and Dad, routinely rack up big debts and don't know the value of a dollar. But are those perceptions really true?

The Great Recession took lot of wealth out of baby boomer pockets, probably for good. That means luxury merchants will have to set their sights on a new demographic for growth in coming years. That group will most likely be the millennials, 25- to 34-year-olds.

Lord & Taylor may have been the go-to store for fashion-forward luxury business clothes a couple of decades ago, but the venerable retailer has been relying too heavily on its name instead of marketing to the newest generation of consumers. In an effort to grab a larger share of the luxury...

Young adults suffering through the Great Recession are having serious problems getting a handle on their spending, credit and debt woes, according to a new survey out from Western Union. The survey, officially called the Western Union Global Payments Money Mindset Index, offers a great peek into...