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.
In 2021, Americans reported losses from so-called romance scams hit an all-time high of $547 million, or six times the total losses in 2017, according to the FTC.
A gemstone, billed as one of the largest gem-quality opals in existence, has been sold for nearly $144,000 at auction in Alaska on Sunday.
A fire aboard a huge car transport ship adrift in the mid-Atlantic is dying out. A Portuguese navy officer said Tuesday that the massive vessel is expected to be towed to the Bahamas.
Stocks closed broadly lower Tuesday after Russia sent forces into Ukraine’s eastern region and the U.S., European Union and U.K. responded with economic sanctions.
These are the headlines you Need2Know for Tuesday, February 22, 2022.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
Google's Android is phasing out sharing data with third-party apps, much like Apple did with its policy. But what does this mean for advertisers and users alike? Cheddar's Michelle Castillo takes a closer look.
A burning car transport ship is drifting near the mid-Atlantic Azores Islands after the huge vessel’s 22 crew members were evacuated due to the blaze.
Stocks are closing lower on Wall Street Friday, leaving indexes with a second weekly loss in a row after another bout of turbulence shook markets.
These are the headlines you Need2Know for Friday, February 18, 2022.
