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.
This Black History Month, Cheddar is highlighting prominent, contemporary Black Americans like Gerome Sapp, former NFL player and founder and CEO of sneaker marketplace Rares.
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Stocks closed higher on Wall Street Tuesday, getting February off to a decent start after a miserable January.
Spotify said Sunday that it will add content advisories before podcasts discussing the coronavirus.
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Cheddar's Chloe Aiello looks into the rise of plant-based eating and the spread of veganism among Americans for both personal health and the health of the climate.
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Toyota says it's working with Japan’s space agency on a vehicle to explore the lunar surface, with ambitions to help people live on the moon by 2040 and eventually live on Mars.
Ken Leon, Director of Research at CFRA Research spoke to Cheddar about end of year bank earnings amidst lower loan rates and covid fears.
A turbulent week for markets ended with a late burst of buying, breaking a three-week losing streak and giving major indexes their biggest gains of the year.
