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."
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The Court of Appeals for the Federal Circuit on Thursday allowed the president to temporarily continue collecting the tariffs under the emergency powers law while he appeals the trade court’s decision.
Macy’s sales and profit slipped in its first quarter and the department store, citing more cautious customers and the impact that a trade war launched by the U.S., trimmed its profit forecast for 2025.