Michel Feaster Blazing the Trail as a Openly Gay, Female, Enterprise CEO
Michel Feaster dropped out of Harvard and started working at a convenience store. Now, the entrepreneur is the CEO of Usermind, a startup that has raised $45 million.
Feaster chose to build her business in Seattle for a number of reasons. One was that she favors the culture of Seattle over Silicon Valley. For her, running a business is all about transparency and integrity.
Feaster is also a gay, female, enterprise CEO. She is proud of all aspects of her identity and hopes to be an inspiration for other young, gay women. Feaster says, "You cannot separate my success from any part of my identity."
The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time, and its officials signaled that they expect to make three quarter-point cuts to their benchmark rate next year.
Eliott Wellenbach, vice president and institutional ETF strategist with Direxion, joined Cheddar News to discuss what traders are expecting from consumer spending ahead of the holidays and how they're positioning themselves following the latest inflation data and mortgage rates.