Rune Christensen, founder of MakerDao, discusses how his company's cryptocurrency is different from the rest because it's less volatile.
MakerDao locks collateral with "maker," a decentralized platform on the ethereum blockchain. The Dai's external reference point is the dollar--one dai equals one dollar.
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.’
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.
