The way people buy and sell homes hasn't changed in decades, but new tech-focused firms like REX Real Estate are looking to shake things up.
Jack Ryan, Founder and CEO of REX Real Estate, explains how the company is using A.I. and big data to streamline the real estate process. Ryan says big data lets them target buyers more quickly and more accurately than other agents.
REX Real Estate is currently available in New York and California, and will be opening offices in Texas and Colorado in the next few months. Ryan says he plans on being available throughout the entire country within a few years.
Lila Snyder, CEO of Bose, joins Cheddar News anchor Hena Doba to discuss her journey to the top of the corporate world, the business of selling top of the line speakers, and how new technologies such as machine learning are shaking up the industry.
Stocks drifted ahead of reports that could offer clues on questions that have kept Wall Street at a standstill, including on where the economy and corporate profits are heading.
Aidan McClean, co-founder and CEO of UFODRIVE, joined Cheddar News to discuss how his company plans to shake up the car rental market with a digital experience. "There are no lines, there are no paperwork, there is no key collection ... no pushy insurance or pushy fuel options," he said. "You simply arrive for your electric car, use your smartphone and drive away."
Nearly half of Americans report having to side hustle to make ends meet, according to a survey from LendingTree. Jane Oates, president of WorkingNation, joined Cheddar News to discuss the state of play as families are having a difficult time with inflation and high-interest rates.
Melissa Armo, founder and owner of The Stock Swoosh, joined Cheddar News to discuss this week's markets which were little changed in trading as investors digested the latest corporate earnings results as concerns over a coming recession grow.
