Market volatility is on everyone's mind but how can you protect your finances from the ebb and flow of the market? Chris Hutchins, Founder and CEO of Grove, joins Your Cheddar to discuss how to prepare yourself financially if you want to jump into investing.
Hutchins recently launched Grove, a financial planning service that combines personalized financial advice and technology. He talks about why some people may want a human financial advisor rather than a robot or app. In addition, he predicts what the future of financial automation will be.
Plus, Hutchins is a former partner at Google Ventures where he invested in multiple startups. He gives three pieces of advice for people looking to raise capital: have a passion for what you're doing, have a great team of people and produce a product that is proven to enhance the lives of customers using it.
Bobbi Rebell, financial expert and author of Launching Financial Grownups: Live Your Richest Life by Helping Your (Almost) Adult Kids Become Everyday Money Smart, gives some tips on how to negotiate your bills to save serious money.
JPMorgan said it plans to close 21 around 25 percent of First Republic's branch location by the end of the year. The financial giant purchased the regional bank after it effectively collapsed amid an ongoing crisis in the banking sector.
Airbnb sued New York City on Thursday over an ordinance that the company says imposes arbitrary restrictions that would greatly reduce the local supply of short-term rentals.
Rapper, producer and entrepreneur Sean “Diddy” Combs sued Diageo Wednesday, saying the spirits company didn’t make promised investments in his vodka and tequila brands and treated them as inferior “urban” products.