JPMorganChase Institute
Coverage of JPMorganChase Institute in the Nexus archive.
- Locked out of housing, Gen Z and Millennials are building wealth in the stock market instead as they reach record high $3.1 trillion in holdings
Gen Z and Millennials are increasingly turning to the stock market for wealth-building due to unattainable home prices, amassing a record $3.1 trillion in holdings. Rising home costs have delayed homeownership, with the average first-time buyer age rising from 28 in 1992 to 40 in 2025. Experts note shifting investment behaviors, including using stock proceeds for down payments and prioritizing retirement savings over homeownership.
- From Blueprint to Breakthrough: Tackling Affordable Housing in New York City
New York City is addressing affordable housing challenges through large-scale rehabilitation projects in Brooklyn and the Bronx. JPMorganChase is financing upgrades at Bay View Houses and Edenwald Houses, including safety improvements, modern amenities, and community facilities. These efforts aim to alleviate renter affordability issues highlighted in recent reports by Harvard and JPMorganChase Institute.
- Small businesses hired AI to save money. Now they're budgeting for its bad habits.
Small businesses are increasingly adopting AI for cost-saving and efficiency, with 58% using it in 2025 compared to 23% in 2023. While AI helped companies like Sparkles Homes and Flint Avenue Marketing reduce costs and automate tasks, it also caused unexpected expenses and awkward errors, such as AI-generated emails and over-apologetic phone responses. Small businesses are now budgeting more for AI, with median costs rising to $21 per employee in 2025.