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Gen Z s Cash Cushion Is Shrinking After the US Summer of Splurge

(Bloomberg) The share of Americans who said they could cover a $400 emergency expense with cash or equivalent dropped for the third quarter in a row, according to a survey out Thursday.Most Read from BloombergImmigrants Are Leaving Canada at Faster Pace, Study ShowsIsrael Latest: Biden Urges ‘Pause’ So Hostages Can Leave GazaPowell Hints Fed Is Done With Hikes in Pivot Cheered by MarketsReal Estate Industry Takes Fresh Hit With Verdict on CommissionsStocks, Bonds Gain on Hope Rate Hikes Are N

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