According to PlasticOceans.org, the United States consumes an average of 60 billion single-serve plastic water bottles every year. rOcean is hoping to change that.
rOcean is a water filter device that connects directly to your home's tap water. Sunjay Guleria and Mohini Boparai Guleria co-founded the company together to bring a cleaner, more convenient option to the market.
The pair join Cheddar to show the prototype for the device. rOcean went live on Indiegogo today, and the Guleria's expect that orders will be shipping by Christmas.
The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time, and its officials signaled that they expect to make three quarter-point cuts to their benchmark rate next year.
Eliott Wellenbach, vice president and institutional ETF strategist with Direxion, joined Cheddar News to discuss what traders are expecting from consumer spending ahead of the holidays and how they're positioning themselves following the latest inflation data and mortgage rates.
