Mid-day Update

PODCAST: Millennials aren’t building credit

David Brancaccio Sep 8, 2014
HTML EMBED:
COPY
Mid-day Update

PODCAST: Millennials aren’t building credit

David Brancaccio Sep 8, 2014
HTML EMBED:
COPY

First up, a new report that millennials are avoiding credit cards. A study out today by Bankrate.com finds that younger adults–the ones who hit the workforce around the year 2000 and younger–are avoiding credit cards. That’s in part because they don’t want more debt beyond their student loans. And when members of Congress get back to work in Washington today, Republicans and Democrats expect to pass a continuing resolution to keep the government open. The lack of drama on that score is connected to the election year. Plus, more on the growth in popularity of Latin music among non-hispanic people.

As a nonprofit news organization, our future depends on listeners like you who believe in the power of public service journalism.

Your investment in Marketplace helps us remain paywall-free and ensures everyone has access to trustworthy, unbiased news and information, regardless of their ability to pay.

Donate today — in any amount — to become a Marketplace Investor. Now more than ever, your commitment makes a difference.