Esusu: Save More Money with Your Friends and Family
In cultures around the world families and friends pool their money together into a single pot of money. The process is called esusu, and a new app has adopted the name and making the process easier than ever.
Abbey Wemimo is the co-founder of Esusu. As an immigrant himself, Wemimo's mother practiced esusu and used that financing strategy to send Wemimo to school.
Wemimo explains that the main focus is to create a platform for immigrants and people of color, but of course he would be happy for all Americans to use the platform. Accessibility was a key factor in developing Esusu, which is why Wemimo says the company built a phone-based app.
Award winning journalist Soledad O'Brien teamed up with Edelman Financial to launch her all-new podcast 'Everyday Wealth' aimed at helping women and men alike in all stages of their wealth planning journey. O'Brien joined Cheddar to discuss female entrepreneurship and the importance of financial literacy, especially among women who were disproportionally affected by the pandemic.
A Russian airstrike on a Mariupol maternity hospital that killed three people drew outrage, with Ukrainian and Western officials branding it a war crime.
Stocks slipped on Wall Street Thursday as markets remain choppy amid uncertainty about where inflation, interest rates and the global economy are heading.
Inflation hit another four-decade high in February, according to the latest Consumer Price Index, priming the U.S. economy for persistent price gains through 2022.
Bess Freedman, CEO of Brown Harris Stevens, discusses the factors impacting the housing market and spotlights the latest trends within New York's luxury real estate.
Colgate-Palmolive is shedding light on the little-known fact that oral health is integral to overall health. The consumer products company will commit $100 million over five years to transform the way the world thinks about and addresses oral health. Maria Ryan, Chief Clinical Officer at Colgate-Palmolive, discusses why oral health is so vital to our physical and mental well-being.
Amid ongoing tensions in the Russia-Ukraine region, many American travelers are nervous about traveling to Europe.
It comes at a time when international travel was set to make a comeback, but uncertainty surrounding the conflict may delay the overall recovery. Francesca Page, Travel Expert, joined Cheddar's Opening Bell to discuss.
Daniel Newman, Founding Partner & Principal Analyst at Futurum Research, discusses whether Apple's Peek Performance event will be enough to lift shares and what the impact of cutting ties with Russia means for the tech giant's growth prospects.
Jason Moser, Senior Analyst at The Motley Fool, discusses the industries most impacted by the return to office trend and outlines the factors that may affect spending this year.
Russia's invasion of Ukraine is coming for the global food supply. Ongoing tensions in the region are threatening the supply of various agricultural products including wheat, barley and corn. Vladik Rikhter, CEO & Cofounder of Zenput joined Cheddar's Opening Bell to discuss how this could impact food prices overseas.
