Stash is making investing accessible to everyone. The platform and app was started in 2015 and since then has grown to more than 1.2 million accounts and over 2.5 million content subscribers.
Brandon Krieg is the CEO and co-founder of Stash. He explains that Stash is not only about investing, it is also a learning platform. Stash opens up conversations between friends and family about investing and what to be looking for. Krieg says he is really proud of his customers.
The minimum investment in Stash is only $5, opening the door for all types of investors. In fact, over 80% of Stash customers are first-time investors.
When it comes to crypto, Krieg says they are waiting and watching. Krieg wants to get a sense of what regulators do and say. That being said, Stash customers are asking to invest in crypto. Krieg reveals that Stash will likely roll out a product sometime later this year.
Ride-hailing service Uber has unveiled its plans to become a travel super app, which will include options for users to make plane and train arrangements directly.
If you've sold or exchanged any crypto in 2021, the IRS wants to know. Henry Yoshida, Co-founder & CEO, OF Rocket Dollar joined Cheddar's Opening Bell to discuss which crypto activities are taxable and how to best spend your tax refund.
Andy Challenger, Senior Vice President of Outplacement and Executive Coaching at Challenger, Gray & Christmas, talks about the challenges employers face in hiring skilled workers and how easing requirements could impact the labor market.
Rishabh Bhandari, Managing Director, and Senior Portfolio Manager at Capstone Investment Advisors, discusses the Feds approach of aggressively tapering the balance sheet and how the energy market could fair amid top oil executives' testimony before Congress.
In a historic win for the organized labor movement, employees at Amazon's massive warehouse on Staten Island voted by a wide margin to form a union. Activists are now hoping the hard-won victory will offer a playbook for other workers trying to unionize, not just at Amazon, but for other major corporations and smaller organizations across the country. Mike Oles, National Field Director for Our Revolution, joined Cheddar's Opening Bell to discuss the impact of this victory on the growing organized labor movement.
The $2 trillion crypto market will soon be subject to much greater governmental oversight. SEC Chair Gary Gensler announced this week that his agency plans to register and regulate digital currencies. He also revealed that the U.S. will focus on three different areas - crypto platforms, stablecoins, and crypto tokens. Jarrod Loadholt, partner at the law firm Ice Miller, LLP, joined Cheddar News' Closing Bell to discuss.
