The millennial population is increasingly taking over the housing market, but according to a new study, done by Brookings, there are certain cities young adults are gravitating towards more than others. Mark Abadi, Strategy Reporter at Business Insider joins Cheddar to talk through some of the winning cities.
Colorado, Texas and Florida boast the most cities on the list. Surprisingly, North Dakota experienced the most growth in its millennial population attributed largely to the energy-driven economic boom that peaked in 2012 and the jobs that came with it.
But what is attracting young adults to these particular cities? Abadi says it's a combination of cost of living, quality of life, employment, civic engagement, education opportunities and climate. Many of the states millennials are gravitating are in the South.
The pandemic was difficult for the nation's restaurant industry. And one of New York City's famous Delmonico's is ready to look past that and toward the future when it reopens on Friday. Max Tucci, Delmonico's global brand officer, and Dennis Turcnovic, owner of Delmonico's, both joined Cheddar News to discuss the history of the restaurant, how it always bounces back and what delicious offerings the menu has.
The HBCU Transformation Project, a coalition of 40 historically Black colleges and universities, on Wednesday announced a $124 million gift from philanthropic funders Blue Meridian Partners to increase enrollment, graduation rates and employment rates for the schools' graduates.
