Nicholas Powers suggests the contrasting perspectives when it comes to money creates "a firm disconnect" between young and old generations. Wayne Osmond, founding member of the Osmonds, is dead at ...

Nicholas Powers explaining that the cost of luxuries and necessities has flipped. Powers thinks that older generations have an outdated view on spending habits. Nicholas Powers explaining that the ...

Give them bread and circuses, and [the masses] will never rebel.” A millennium later, the modern American embraces this truth ...

companies that sell discretionary goods and services (like luxuries and entertainment) tend to struggle more than companies that sell necessities (like food and drugs) during economic downturns.