Emmet Savage, CEO of Rubicoin, discusses the platform that seeks to teach and get more people investing. He also talks about a new survey conducted by the company that finds millennials have high levels of financial anxiety. According to results, millennials are weighed down by low incomes and the stress of paying back student loans, which makes it hard for them to save. Rubicoin has two different apps: "learn" and "invest." The first teaches consumers how to save and answer questions they might have around the practice while "invest" helps get them started. We speak with Savage about his love for Tesla as a stock. He compares it to Apple and calls it "the birth of a global superhero."

Share:
More In Business
Starbucks’ Change Flushes Out a Debate Over Public Restroom Access
Starbucks’ decision to restrict its restrooms to paying customers has flushed out a wider problem: a patchwork of restroom use policies that varies by state and city. Starbucks announced last week a new code of conduct that says people need to make a purchase if they want to hang out or use the restroom. The coffee chain's policy change for bathroom privileges has left Americans confused and divided over who gets to go and when. The American Restroom Association, a public toilet advocacy group, was among the critics. Rules about restroom access in restaurants vary by state, city and county. The National Retail Federation says private businesses have a right to limit restroom use.
Trump Highlights Partnership Investing $500 Billion in AI
President Donald Trump is talking up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBank. The new entity, Stargate, will start building out data centers and the electricity generation needed for the further development of the fast-evolving AI in Texas, according to the White House. The initial investment is expected to be $100 billion and could reach five times that sum. While Trump has seized on similar announcements to show that his presidency is boosting the economy, there were already expectations of a massive buildout of data centers and electricity plants needed for the development of AI.
Load More