A new report has found out that almost three-quarters of millennials -- people born from 1981 to 1996 -- in the United States are living paycheck to paycheck.
The survey, entitled “New Reality Check: The Paycheck-to-Paycheck Report,” was released on Saturday by PYMNTS, a company that reports on financial news and data, and the financial services company LendingClub, The Hill reported.
The report found 60.1 percent of American consumers were living paycheck to paycheck last month, including 73.2 percent of millennials.
In the meantime, 65.5 percent of consumers of Generation Z -- the generation born in the late 1990s or the early 21st century -- and 64.2 percent of Generation X – the generation born before millennials -- were living paycheck to paycheck, but only 49.5 percent of baby boomers and senior citizens were. Baby boomers were born in the years following the Second World War, when there was a temporary marked increase in the birth rate.
Respondents who said they were living paycheck to paycheck said that their paycheck only covers basic bills.
More than 25 percent of respondents also said they pay for expenses for other family members and have major debts to pay. About one-third of millennials cited each of these reasons.
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Iran’s largest credit institution has gone into administration amid the government’s continued push to reform the country’s banking and financial system.
The Central Bank of Iran (CBI) said on Sunday that it had appointed a team of three administrators to restructure the Melal Credit Institution after the lender accumulated a loss of 650 trillion rials ($590 million)
Head of CBI’s regulatory and oversight department Farshad Mohammadpour said the Melal Institution had an asset–liability mismatch of 450 trillion rials and its capital adequacy ratio was minus 41%.
Mohammadpour said that administrators are expected to restructure the Melal Institution in the next six months, mainly by selling off its non-banking assets, properties and affiliated enterprises to pay down its debts.
CBI’s decision about Melal Institution comes three weeks after the lender declared Bank Ayandeh, one of Iran's largest private banks, insolvent and transferred its assets and staff to the state-run Bank ...
The world's largest aircraft carrier, the USS Gerald R. Ford, will arrive in the northern Caribbean on Sunday as tensions with Venezuela grow, according to a U.S. military official. The carrier will join 15,000 service members, including 2,000 Marines aboard an amphibious assault ship.
The official, who was not authorized to speak publicly, told NPR the "table is being set" for possible military action. Administration officials are continuing to hold high-level meetings with members of Congress and foreign leaders amid ongoing military exercises.
It remains unclear, however, if President Trump will use military force against Venezuela. The U.S. has conducted 20 strikes on boats in the region so far, saying they were ferrying drugs trafficked from the country. In August, the U.S. government set a $50 million reward for the arrest of Venezuelan leader Nicolás Maduro.......more below
https://www.npr.org/2025/11/15/nx-s1-5609888/aircraft-carrier-caribbean-venezuela-military-action
