Grubhub recently announced their $1 million dollar fund for social good causes. The first initiative is being called "RestaurantHer" and is aimed at helping promote women and female-led restaurants in an uneven industry.
Jessica Burns is Grubhub's Senior Director of Brand Marketing. She joins Cheddar to explain why supporting female chefs and female restauranteurs is so important. In the U.S., only 19% of chefs are female, and females make up only 7% of head chefs.
Grubhub has partnered with Women Chefs & Restaurateurs (WCR) to build resources that support women and keep kitchen workspaces safe for them.
Grubhub is also building out a map of restaurants across America that are run by women so Grubhub consumers can support those restaurants.
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.
