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.
High-end smoke shop Higher Standards decided to celebrate New York marijuana legalization by commissioning a mural on the store’s facade at Manhattan's Chelsea Market.
Amazon founder Jeff Bezos, along with three civilians, launched into space aboard a rocket and capsule developed by his private spaceflight company, Blue Origin. The highly-anticipated, historic flight lasted for about 11 minutes. This comes after Sir Richard Branson flight with Virgin Galatic nine days ago. Senior national correspondent from POLITICO Bryan Bender joined Cheddar News to discuss what the launch means for the future of space tourism.
Wall Street notched more record highs on Friday, ending the week on a strong note after opening it with a stumble.
The number of Americans seeking unemployment benefits rose last week from the lowest point of the pandemic, even as the job market appears to be rebounding on the strength of a reopened economy
Major indexes edged higher on Wall Street after a day of muted trading, preserving their gains for the week.
Dollar-pegged cryptocurrencies called stablecoins are on the rise, and U.S. regulators are taking notice.
Stocks closed higher again on Wall Street, extending their gains following a sharp drop at the beginning of the week.
Israeli Prime Minister Naftali Bennett spoke to the head of Unilever after its subsidiary Ben & Jerry’s announced it would stop selling its ice cream in the Israeli-occupied West Bank and contested east Jerusalem.
Stocks jumped on Wall Street Tuesday, making up much of the ground they lost a day earlier when worries flared about spreading cases of the more contagious variant of COVID-19.
Pacific Gas & Electric says its equipment may have been involved in the start of the big Dixie Fire burning in the Sierra Nevada.
