vice

“It’s like the beginning of a tidal wave,” said Peggy Wheeler, vice president of policy of the California Hospital Association.

The vice president and his wife also live at a sprawling mansion on the grounds of the Naval Observatory.

"The cautious pace of announcements so far suggests that companies are not betting on a big seasonal surge," Andy Challenger, senior vice president of sales at Challenger, Gray & Christmas, said in a statement.

“If the retirement system continues as it is, there will be increased elder poverty,” said Matt Bahl, vice president at the Financial Health Network.

The root of the trend is just consumers’ desire to connect with brands, said Casey Savio Samuels, senior vice president of strategy at marketing and technology services company Monks.