• China’s Financial Transformation, Gen Z’s Financial Dependence, 3M CFO Resigns, and Fed Chair Powell Testifies

  • Jul 10 2024
  • Length: 12 mins
  • Podcast

China’s Financial Transformation, Gen Z’s Financial Dependence, 3M CFO Resigns, and Fed Chair Powell Testifies  By  cover art

China’s Financial Transformation, Gen Z’s Financial Dependence, 3M CFO Resigns, and Fed Chair Powell Testifies

  • Summary

  • Finance is no longer the darling career in Xi Jinping's new economic order. Nearly half of Gen Z relies on financial help from parents, family. 3M CFO resigns to take executive job at ADM. Watch Fed Chair Jerome Powell testify live before House financial services panel. Sources: https://thediplomat.com/2024/07/finance-is-no-longer-the-darling-career-in-xi-jinpings-new-economic-order/ https://www.foxbusiness.com/economy/nearly-half-gen-z-rely-financial-help-from-parents-family-bofa-survey https://www.startribune.com/3m-president-chief-financial-officer-cfo-monish-patolawala-resigns-adm/600379643/ https://www.cnbc.com/2024/07/10/watch-fed-chair-powell-testify-live-before-house-financial-panel.html Outline: (00:00:00) Introduction (00:00:41) Finance is No Longer the Darling Career in Xi Jinping’s New Economic Order (00:03:35) Nearly half of Gen Z rely on financial help from parents, family: BofA survey (00:06:34) 3M CFO resigns to take executive job at ADM (00:09:08) Watch Fed Chair Jerome Powell testify live before House financial services panel
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