Believe it or not some of the top minds in the business world are millennials and you may not even realize that some of the most successful companies are run by people under the age of 35. This Changes Things hosts Baker Machado and Hope King give a few examples of millennials doing big things in the world of business.
Airbnb founder Brian Chesky and Lyft founder John Zimmer both started their companies in their 20's. Both Lyft and Airbnb are two of the highly anticipated companies to possibly make a public debut in 2018.
Plus, with the power of YouTube Michelle Phan was able to make millions of dollars in endorsement deals and start her own company, which is now worth over $800 million.
Chair Jerome Powell says the Federal Reserve only expects to cut rates once in 2024. But at least, as one economist says, ‘rate hikes are off the table.’
With the Fed likely set to leave rates unchanged, lower and middle income Americans will continue dealing with higher credit card interest and expenses.
Markets soared in May after Nvidia’s Q1 success, but concerns over slowing consumer spending, especially among middle—and lower-income groups, loom large.
