Ankur Jain, founder and chairman of Kairos, discusses his new company Rhino, which allows renters to pay as little as $10 a month toward their security deposit instead of putting up thousands of dollars upfront. Rhino is already available in 23,000 units in New York.
Jain explains Rhino isn't paying the security deposit upfront either, but instead giving landlords a policy for double the money. Jain says renters pay $10 a month for the first year, and then as long as they're in good standing, that amount is reduced substantially.
A legal expert helps break down why Tesla shareholders are voting on Elon Musk’s historic pay deal – and why betting against Musk usually doesn’t pay off.
Chair Jerome Powell says the Federal Reserve only expects to cut rates once in 2024. But at least, as one economist says, ‘rate hikes are off the table.’
