The days of going through a travel agent are long gone. Utrip is a new platform that utilizes A.I. and big data to help users create their dream vacations all around the world.
Gilad Berenstein is the CEO of Utrip. He joins Cheddar to explain how consumers can choose preferences on the Utrip platform to plan their ideal vacation. With data and a continually learning system thanks to machine learning, Utip can combine all the work of Expedia, Yelp, Travel Blogs, and the like, all into one site.
In terms of trends, Berenstein says he sees a lot of millennials trying to go to more unique destinations. For Berenstein's travel dreams, his next destination is Cuba.
Tom McNeela, chief RIA solutions officer with RetireOne, joined Cheddar News to explain how people can use their life insurance policies for an emergency loan. "There's a lot of advantages and opportunities with permanent life insurance policy," he said, "if you have one, and there's cash value in there, you can take a loan out, and most of the time, it's a better rate than what you can get at your bank."
Cheddar News checks in on The Day Ahead as more earnings are on tap from companies Thursday including Apple, Lyft, Kellogg and Expedia while Vice President is expected to meet with some top tech CEOs to discuss the rapid development of artificial intelligence.
Meta is warning that cybercriminals are tricking people into downloading programs that can steal valuable information on fake ChatGPT offers. Cheddar News explains how Meta has observed hundreds of malicious links on its platform.
The 11,500 members of the Writers Guild of America went on strike this week after negotiations with Hollywood studios that began in March failed to result in an agreement.
Will McDonough, founder and CEO of EMG Advisors, joined Cheddar News to discuss Wednesday's trading session after the Federal Reserve raised rates by 0.25% as tighter credit conditions continue to affect small- and medium-sized businesses.
