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Seeking Alpha's Weekly Media, Tech, And Finance News Round Up

By SA Hana Abduljaami :

Earlier this week Americans celebrated Labor Day, a holiday defined by the Department of Labor as a celebration of the social and economic achievements of the American worker. For the average American, Labor Day marks the unofficial end of summer, and for retailers, back-to-school sales and a myriad of other reasons for consumers to spend.

Seventy-eight percent of full-time workers in the U.S. live paycheck-to-paycheck and, according to the Ipsos Affluent survey, a measure of U.S. adults age 18+ with household income $100,000+, 22% of those we consider to be doing well financially. Fun fact: Seeking Alpha's audience, as measured in the Ipsos survey, is less likely than average to live paycheck-to-paycheck, only 15% versus 22% average.

How much more important is financial literacy for the average American considering technology's impact on businesses and the natural repercussions for consumers?

The medium

The message

Other interesting reads from the past week

  • Wells Fargo Boosts Fake-Account Estimate 67% to 3.5 Million

See also On An Absolute Basis, It's Hard To Justify Market Valuations on seekingalpha.com

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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