Emmet Savage, CEO of Rubicoin, discusses the platform that seeks to teach and get more people investing. He also talks about a new survey conducted by the company that finds millennials have high levels of financial anxiety.
According to results, millennials are weighed down by low incomes and the stress of paying back student loans, which makes it hard for them to save. Rubicoin has two different apps: "learn" and "invest." The first teaches consumers how to save and answer questions they might have around the practice while "invest" helps get them started.
We speak with Savage about his love for Tesla as a stock. He compares it to Apple and calls it "the birth of a global superhero."
Wealthfront’s CFO Alan Iberman talks the $2.05B IPO and the major moment for robo banking as the company bets on AI, automation, and “self-driving money."
A rare magnum of Dom Pérignon Vintage 1961 champagne that was specially produced for the 1981 wedding of Prince Charles and Lady Diana has failed to sell during an auction. Danish auction house Bruun Rasmussen handled the bidding Thursday. The auction's house website lists the bottle as not sold. It was expected to fetch up to around $93,000. It is one of 12 bottles made to celebrate the royal wedding. Little was revealed about the seller. The auction house says the bids did not receive the desired minimum price.
