When women have more money, they tend to put more of it back into their communities, families, and non-profits, says Sallie Krawcheck, CEO and Co-founder of Ellevest, a female-focused investment platform. "Try to think about something that's good for women and bad for men. It's very hard to."
For the full interview, [click here](https://cheddar.com/videos/invest-like-a-woman).
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.
