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."
Much like all the upheaval shaking the world, the huge swings rocking Wall Street may feel far from normal. But, for investing at least, this is normal.
Joe Cecela, Dream Exchange CEO, explains how they are aiming to form the first minority-controlled company to operate an exchange in U.S. history. Watch!
A Michigan judge is putting sponges in the hands of shoplifters and ordering them to wash cars in a Walmart parking lot when spring weather arrives. Genesee County Judge Jeffrey Clothier hopes the unusual form of community service discourages people from stealing from Walmart. The judge also wants to reward shoppers with free car washes. Clothier says he began ordering “Walmart wash” sentences this week for shoplifting at the store in Grand Blanc Township. He believes 75 to 100 people eventually will be ordered to wash cars this spring. Clothier says he will be washing cars alongside them when the time comes.
