Sara Blakely, founder of Spanx, speaks with Cheddar's Kristen Scholer at the Goldman Sachs 10,000 Small Businesses Summit. Blakely talks about her success and shares her advice for young entrepreneurs.
Blakely emphasizes the importance of writing your goals down, saying "start small, think big, scale fast." Blakely also talks about her new "arm tights product" that helps women transition their favorite summer dresses and sleeveless shirts into items that can be worn all year round.
With the Fed likely set to leave rates unchanged, lower and middle income Americans will continue dealing with higher credit card interest and expenses.
Markets soared in May after Nvidia’s Q1 success, but concerns over slowing consumer spending, especially among middle—and lower-income groups, loom large.
The U.S. economy added 272,000 jobs in May, far more than expected. But that number doesn't tell the whole story. Interest rate cuts could still be on the way.
