Etsy Is Growing Its E-commerce Presence By Focusing On Diversity
Etsy sees diversity as a key driver of growth ー and it has the numbers to prove it. About 55 percent of employees and 50 percent of the board at the e-commerce marketplace are women. Raina Moskowitz, SVP of People at Etsy, and Karina Daniel Parris, artist and owner of Etsy shop "Lovely Earthlings," spoke to Cheddar about representation of women in art and how Etsy is leading the tech sector in diversity.
For full interview [click here](https://cheddar.com/videos/top-etsy-selling-strategies-for-the-female-entrepreneur).
The Food and Drug Administration is asking Congress for new powers, including the ability to mandate drug recalls and require eyedrop makers to undergo inspections before shipping products to the U.S.
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.