Brett Schulman, Cava CEO, joined Cheddar News to talk about his company going public. "We think the market is always welcoming to long-term sustainable growth stories, especially category defining brands," he said. Schulman also shared his pitch to investors as the company launches it IPO.
Chair Jerome Powell says the Federal Reserve only expects to cut rates once in 2024. But at least, as one economist says, ‘rate hikes are off the table.’
With the Fed likely set to leave rates unchanged, lower and middle income Americans will continue dealing with higher credit card interest and expenses.
Markets soared in May after Nvidia’s Q1 success, but concerns over slowing consumer spending, especially among middle—and lower-income groups, loom large.
