Fiverr Acquires Online Freelancing Platform, AND CO
Global freelancing platform Fiverr announced today that it is expanding its network. The company is acquiring online freelancing platform start-up AND CO.
Brent Messenger, Global Head of Community at Fiverr, explains how the acquisition will help Fiverr's global "community of doers." Messenger says the two companies will operate separately for the time being.
Messenger also addresses critics of some of Fiverr's subway ads, which some people claimed promoted unhealthy lifestyles. Messenger says that the goal of the ad campaign was to highlight the variety of types of people who make successful entrepreneurs and freelancers.
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.
