Meghan Ritchie and Tiffany Zhong turned their passions into careers. The two young entrepreneurs join Cheddar to give advice and perspective on how to lead and grow as a female inventor and trailblazer.
Zhong became a venture capitalist at just 19-years-old. Now, she has taken her experience and expertise with Gen Z to her own consumer insight firm, Zebra Intelligence.
Ritchie loved baking baked goods and started selling Megpies as a fun side hustle. Once it started to take off, she completely dedicated herself to the idea. Now, Megpies sell in Starbucks across the United States.
Image-sharing app Pinterest reported big beats on its Q4 earnings for the top and bottom lines. The social platform surprised investors after seeing a decline in users while earnings and revenue were much higher than expected.
The Labor Department's January jobs report showed 467,000 jobs were added, compared to the 150,000 that were projected, a sign that employment is continuign to return to pre-pandemic levels. Lindsey Piegza, chief economist at investment bank Stifel, joined Cheddar to break down the report, noting the big gains but adding a note of caution. "Remember, even with this morning's stellar report, we're still millions below that level that we had reached prior to the onset of COVID-19," she said." Yes, we are recapturing jobs. We still have further ground that needs to be made before we can talk about reaching that previous peak." Piegza also discussed the role of the Federal Reserve going forward as the employment figures turn more positive.
Stocks closed at session lows Thursday, mostly due to a larger tech selloff after Facebook parent company Meta reported weak earnings results one day before. The Nasdaq closed down nearly 4% for its worst day since September 2020. Erin Gibbs, Chief Investment Officer at Main Street Asset Management, joins Closing Bell to discuss today's close, Meta earnings, Amazon earnings, and more
