Federico Vega, co-founder and CEO of Cargo X, explains how his company connects businesses with items to ship to truckers who have extra room on their freights. Vega was a dishwasher in London before coming up with the idea for Cargo X.
Vega explains Cargo X saves businesses money and truckers time, money, and gas. Vega says the point of Cargo X is to cut out the middle man and get more items to customers, faster.
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.
