*By Madison Alworth*
In the sharing economy, you don't need a huge dining room to throw a luxurious dinner party. You can just rent one.
That's the idea behind [Splacer](https://www.splacer.co/), a new start-up that aims to be the Airbnb of event spaces.
"Airbnb laid the first foundation stone of understanding we can share space," said Splacer CEO Adi Biran.
Her company, she said Thursday in an interview on Cheddar, wants to take the sharing economy one step further.
"Splacer's offering the rest of the spaces. If we can share our own homes, why wouldn't we share our offices, our churches, galleries, distilleries, barber shops, and so on?" she asked.
Splacer offers space rental either by the hour or per day. The start-up encourages consumers to find the perfect spot for their art, special events, parties, and beyond.
The company first launched in Tel Aviv, Israel, but has since expanded to five U.S. cities: New York, San Francisco, Los Angeles, Miami, and Chicago.
The once-foreign idea of a gig economy is now growing even within individual industries. Ride-sharing started with Uber and Lyft and now includes bike and scooter companies like Bird and Lime. So perhaps it makes sense that real estate rentals branched into bigger spaces.
"This is something that will be extensively used by everyone who is really looking to access a space as opposed to owning it," Biran said.
For full interview [click here](https://cheddar.com/videos/finding-the-perfect-splacer-for-your-next-event).
Federal Reserve Chair Jerome Powell was tricked into an extended phone call in January with Russian pranksters posing as Ukrainian President Volodymyr Zelenskyy, during which Powell appeared to discuss the economic impact of interest rate hikes.
Amazon on Thursday reported stronger-than-expected revenue and profits for the first quarter, sending its stocks higher in after-hours trading. But its prices took a dip in the evening amid concerns about a continued slowdown in the company's profitable cloud computing unit AWS.
A key index of underlying inflation that is closely followed by the Federal Reserve remained elevated last month, keeping the Fed on track to raise interest rates next week for the 10th time since March of last year.
As a growing number of overweight Americans clamor for Ozempic and Wegovy — drugs touted by celebrities and on TikTok to pare pounds — an even more powerful obesity medicine is poised to upend treatment.
A California judge is ordering Tesla CEO Elon Musk to be interviewed under oath regarding statements about the safety and capability of the car maker's autopilot features.
David Wright, president and owner of Wright Financial Group LLC, joined Cheddar News to discuss Thursday's trading as stocks closed higher amid strong tech profits. But Wright says banking stress could sway markets down as the Federal Reserve could weigh more rate increases.
The Gap is laying off 1,800 corporate workers, roughly three time the number of headquarters jobs it cut last fall, as the struggling chain cuts costs in a bid to become more nimble.
