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.
When Only Fans announced that they would be blocking adult content on the platform, creators like Pyra Faye were shocked and disheartened.
Cheddar asked its Gen Z and Millennial-aged Facebook and Instagram users about several topics including how they use social media, buying cryptocurrency, and the future job market.
Google is once again postponing a return to the office for most workers until mid-January.
Amazon is teaming with payments company Affirm to offer online shoppers a buy-now-pay-later option that does not involve credit cards.
Stocks ended a wobbly day with mixed results on Wall Street Tuesday, but the S&P 500 still managed to close out August with a solid gain.
China is banning children from playing online games for more than three hours a week, the harshest restriction so far on the game industry as Chinese regulators continue cracking down on the technology sector.
Stocks wound up mixed on Wall Street Monday, with the S&P 500 index managing just enough of a gain to mark another record high.
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.
Rory Harvey, global head of Cadillac, joined Cheddar to discuss the automaker entering the luxury electric SUV market with its 2023 Lyriq,
In his opening remarks for the Jackson Hole Economic Symposium, Federal Reserve Chair Jerome Powell signaled that the central bank could begin tapering its $120 billion in monthly asset purchases this year.
