Footnotes: EY Chairman Thinks of the Kids; Legislating Bitcoin; Your Mom’s Basement | 07.17.14

Big jump in number of millennials living with parents reported More Americans than ever live in multigenerational households, and the number of millennials who live with their parents is rising sharply, according to a study released Thursday. A record 57 million Americans, or 18.1% of the population, lived in multigenerational arrangements in 2012, according to the Pew Research Center. That's more than double the 28 million people who lived in such households in 1980, the center said. [LA Times]

New York is the first state to propose Bitcoin legislation [AP]

Morgan Stanley wealth unit thrives, but compensation still a concern [Reuters]

On Youth Unemployment, It's Time For Business To Lead From EY Global Chairman and CEO Mark Weinberger: "For the good of our children and our future, business needs to get more involved in closing the skills gap while building a stronger workforce. And that means engaging in three primary ways: before, during, and after our young people are in school." [Forbes]

An appliance store accountant — who, mind you, is NOT a CPA — is accused of nearly putting her employer under by stealing over a period of three years [Times Union]

Dodging Corporate Taxes Isn't Unpatriotic [Bloomberg View]

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