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Experts say those feeling the pain of the financial crisis the most are millennials. The generation has missed major milestones that past generations enjoyed in their 30’s and 40’s as a result of dealing with two major financial crises over the past decade.However, it may not be all gloom and doom for millennials. The economic cycles the generation has experienced early on could lead them to understand the economy and markets better, potentially leveraging that to greater future gains.Many millennials graduated and entered the workforce during the 2008 Great Recession. They were just hitting their prime, and then, this pandemic and a second major financial crisis hit.“It just feels not only like we can’t catch a break, but we can’t even get started without something coming along and taking away a lot of what we worked for,” said Erin Lowry.Erin Lowry is an author and wrote the books “Broke Millennial” and “Broke Millennial Takes on Investing”.“The big thing to consider for your financial future is this will be temporary,” said Lowry. "We are going to get through this just like we got through ’08.”Surveys conducted by the Urban Institute show at least 1 in 3 millennials are struggling financially right now, and millennials as a whole have less acclimated wealth at this stage in life than the prior generation. To change that, even during this recession, Lowry believes there are a few key things millennials can do.“You do want to think about doing, and I hesitate to say it like this, but the least damage currently,” said Lowry.She recommends minimizing the amount of debt you may need to take on to get through this economic downturn. Also, protect your credit scores as much as possible by making on-time payments.Pay the minimum if needed or contact your lenders to work out agreements that will not show missed payments on your credit report. In the future, you’ll want a healthy credit score to be able to qualify for mortgage loans or auto loans at a lower interest rate.Lastly, try to still contribute to your retirement plan even if it’s a little bit. If you are in a position where every penny counts right now, think about a time in the near future when you can start to again invest. That is important because, historically, the market will rebound.To recover on a better financial footing, you want to buy when the market is low, or down, and reap the gains as the economy recovers.“After 2008, we went on to have one of the longest bull runs in stock market history,” said Lowry. "We don’t know what is going to happen after the coronavirus recession, but you don’t want to miss out on potentially huge returns.”The possible advantage of going through two recessions early in life may be a better understanding of the economy and a stronger desire to understand the market, along with learning how to use the downturn as an opportunity for future gains. 2896
Epidiolex, the first cannabis-based medication approved by the US Food and Drug Administration, is now available by prescription in all 50 states.The twice-daily oral solution is approved for use in patients 2 and older to treat two types of epileptic syndromes: Dravet syndrome, a rare genetic dysfunction of the brain that begins in the first year of life, and Lennox-Gastaut syndrome, a form of epilepsy with multiple types of seizures that begins in early childhood, usually between ages 3 and 5."Because these patients have historically not responded well to available seizure medications, there has been a dire need for new therapies that aim to reduce the frequency and impact of seizures," said Justin Gover, CEO of GW Pharmaceuticals, the maker of Epidiolex, in a written statement. "We are committed to ensuring that these patients can access this novel cannabinoid medicine that has been thoroughly studied in clinical trials, manufactured to assure quality and consistency, and is eligible to be covered by insurance for appropriate patients." 1063

FALLBROOK, Calif. (KGTV) — A Fallbrook woman was killed in a hit-and-run crash late Friday.The 56-year-old Fallbrook resident was walking on East Alvarado St. near Alvarado Ct. just before 9 p.m. when she was hit by a vehicle in the eastbound lane, according to California Highway Patrol.She was taken to Palomar Medical Center, where she was pronounced dead. Her name has not been released and it's not clear why the woman was in the street.The vehicle that hit the woman fled the area heading eastbound. It's described as a newer model red Ford Mustang.Anyone with information is asked to call CHP at 858-637-3800. 650
Facebook has created a new type of video chat to make users feel even more connected with family and friends.On Monday, the company announced two new devices, the Portal and Portal+.Facebook says these video communication devices will change the way people keep in touch. "Thanks to AI technology, Portal makes video calling easier and more like hanging out, while a widescreen display lets you enjoy every moment together. When you can’t be there, Portal and Portal+ let you feel there," Facebook said.Both devices are available for preorder now for 9 and 9. 583
Erika Jayne, a cast member of the "Real Housewives of Beverly Hills," has filed for divorce from her husband of 21 years, Tom Girardi.In a statement to E!, the reality TV star said this was "not a step taken lightly or easily."Legal documents obtained by The Blast state that the reality TV star filed for the dissolution of marriage.According to People, the couple married in 1999 at the restaurant they first met each other when Erika was a waitress.The couple does not have any children together, and in an interview with Andy Cohen on his Bravo talk show in 2017, Erika stated they do not have a prenup, E! reported.Erika was previously married to Thomas Zizzo, with whom she shares 26-year-old son Tommy Zizzo, People reported. 740
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