The wealth of young Americans has grown rapidly after years of stagnation, thanks to the strong recovery of the U.S. economy.

Data compiled by the Center for American Progress (CAP) has found that Americans aged under 40 are outpacing other age groups when it comes to accumulated wealth, employment rates and wage growth following the coronavirus pandemic. In four years, the average wealth of households under this age has grown by almost 50 percent since 2019.

LaTonya Mullins-Mobley was surfing the web for Arizona Cardinals gear when she stumbled across an ad for Temu, the Chinese online-marketplace app known for ultra-discounts. She couldn’t believe the low prices.

These days, Mullins-Mobley, who is 53 and works for a cellphone carrier, jokes that she’s “having an affair” with the app. She buys clothing, including T-shirts with Bible quotes for her daughter. She started a sunglasses company, picking up pairs from Temu for $3 and selling them for around $15.

Her 19-year-old-daughter, Angeline Mobley, isn’t impressed. 

The portion of U.S. adults who identify as other than heterosexual has more than doubled since 2012, a Gallup poll has found, with young people leading the way – from Generation Z through the Silent Generation, each younger group is about twice as likely as the one before it to identify as LGBTQ+.

These TikTokers have "a bone to pick with America" over their employment status.

Young Gen Z and millennial influencers are facing social media backlash — and some commenters’ support — about not being able to secure a job in the 2023 economy.

"So I’m headed to my serving job, I f***ing hate it," fitness influencer Alison Johnson posted to TikTok in October. "I make more money serving. I have my literal business marketing degree, that put me in a cute $80,000 in debt."

Amanda Singleton had just gotten married and bought her first home when her mom was diagnosed with brain cancer. Essentially overnight, she went from being a 30-year-old just starting a new phase of her life to being a 24-hour caregiver. “My mom couldn’t walk, she couldn’t talk, she couldn’t eat,” Singleton said.

The average age of incoming C.E.O.s is around 54. While American government remains squarely in the hands of baby boomers — and while its leadership, at least in certain branches, becomes noticeably older — corporate boardrooms are undergoing a transition. It’s Gen X’s moment, that generation most known for being crowded out of sweeping cultural age analyses by millennials on one end and boomers on the other.

Or as Patton Oswalt, a Gen X comedian, put it: “Gen X is trending, which probably means that, uh … eh, whatever. Nevermind.”

Young Republicans aren’t clinging to guns like the rest of the GOP.

As former President Donald Trump and new campaign entrants, including former Vice President Mike Pence, tout their Second Amendment bonafides and opposition to “gun confiscation” to 2024 primary voters, some Gen Z and millennial Republicans are moving in the opposite direction: A significant share of younger conservatives, reared in an age of mass violence, embrace firearm restrictions.

Millennial homeowners outnumbered millennial renters for the first time last year, despite creeping interest rates and a tight real estate market.

Driving the news: Nearly 52% of the first generation to grow up in the Internet age ​​— people born from 1981 to 1996 — were homeowners in 2022, making the largest ownership gains of any generation in the last five years, according to a new RentCafe report.

By the numbers: The number of millennial homeowners increased by 7.1 million between 2017 and 2022 to 18.2 million, a 64% increase.

In a new survey, two-fifths of millennials say their parents still pick up one or more of their monthly bills. 

And the most common parental subsidy is the largest: housing. Twenty-four percent of millennials say Mom or Dad pay their rent, and 17 percent say parents cover a mortgage.  

Democrats scored big with young voters around the nation in Tuesday night’s midterm elections, but one state bucked the trend and its standard bearer, not surprisingly, won in a landslide.