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.
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.
The U.S. economy added 272,000 jobs in May, far more than expected. But that number doesn't tell the whole story. Interest rate cuts could still be on the way.
