Young Americans richer than ever, sense ‘economic fragility’: Report

(The Hill) - Americans under the age of 40 now have more money than ever, but have a sense of “economic fragility,” a new report by the Treasury Department found.Research released by the department Wednesday found that the median wealth for Americans 25-29 grew to more than $80,000 in 2022. It’s a more than $50,000 increase from 2010.The report found that household balance sheets for younger Americans was stagnated for years and didn’t recover after the 2008 recession. Af