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.
The number of incidents involving unruly airline passengers is growing, and so are the fines imposed by federal safety officials.
Stocks ended higher on Wall Street Friday but not enough to erase the market’s losses from earlier in the week.
Facebook is trying to pull in workplace users with a new virtual-reality app called Horizon Workrooms.
Wall Street closed out another choppy day of trading Thursday, leaving the major stock indexes on pace for a weekly loss.
The number of people seeking unemployment benefits fell last week for a fourth straight time to a pandemic low.
The question facing mask-makers now is whether they can keep up with the combined demand of consumers, hospital systems, and now schools, many of which are reopening in September with mask mandates for their students.
The names, Social Security numbers and information from driver’s licenses or other identification of just over 40 million people who applied for T-Mobile credit were exposed in a recent data breach, the company said Wednesday.
Stocks took a late turn lower on Wall Street, ending with their second straight loss.
Spirit Airlines is putting numbers on a damaging stretch of flight cancellations this summer.
T-Mobile says it is investigating a leak of its data after someone took to an online forum offering to sell the personal information of cellphone users.
