Rising Housing Prices Force Adult Kids Back Home; Thrivent Study Finds [Yahoo! Finance]
Moody's Corporation (MCO)
Last moody's corporation earnings: 4/30 07:00 am
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Source: Yahoo! Finance
MINNEAPOLIS April 30, 2024 /PRNewswire/ -- Now in its third year, Thrivent's 2024 Boomerang Kids Survey reveals nearly half the parents surveyed (46%) have had their adult children "boomerang" back home to live with them at some point. Fifty percent of them blame the rising cost of rent and housing. That's a big jump from just 35% who said the same last year. "This is a wakeup call that's gone unanswered," says Chaz Black , Thrivent financial advisor. "More young adults returning home underscores the enormous – and growing – financial pressures they're facing after graduation. The ripple effect it has on them and their parents is a problem we can't afford to ignore." Other data shows the breadth of consequences – from delaying milestones to jeopardizing their financial futures: Drowning in debt Many young adults are delaying financial priorities because of student loan debt, like buying a home (39%), saving for retirement (34%) or building emergency savings (36%). Additionally,
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MCO
News
- HASI Secures Second Investment Grade Credit Rating [Yahoo! Finance]Yahoo! Finance
- Moody's Corporation Posted an Updated Management Presentation for Investors [Yahoo! Finance]Yahoo! Finance
- Moody’s Corporation Posted an Updated Management Presentation for InvestorsBusiness Wire
- Moody's upgrades Maine's credit rating to second-highest [Yahoo! Finance]Yahoo! Finance
- Diligent Announces Enterprise Risk Management Dashboard Powered by Moody’s Proprietary Data, Providing a Comprehensive View of External RiskBusiness Wire
MCO
Earnings
- 5/3/24 - Beat
MCO
Sec Filings
- 5/9/24 - Form 4
- 5/6/24 - Form 8-K
- 5/2/24 - Form 10-Q
- MCO's page on the SEC website