Self-made shoe mogul Steve Madden “really loves” Cardi B.
“She’s a very thoughtful woman,” the businessman said Friday. “She’s very thoughtful about her life and hopefully about her love life, and I’m rooting for her.”
Both Madden and the rapper, born Belcalis Almanzar, launched their careers from humble beginnings. The performer was an exotic dancer and Instagram personality before joining the cast of VH1’s “Love & Hip Hop: New York” and going on to become a Grammy Award nominee. Madden, meanwhile, built his eponymous shoe empire off a $1,100 investment.
He and Cardi B collaborated on a sunglass and shoe collection last December, and Madden says there are more projects in the pipeline.
“She’s a great person,” he said. “She’s an aspirational figure.”
As for what he hope to learn from her?
“She’s gonna teach me how to dance.”
The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time, and its officials signaled that they expect to make three quarter-point cuts to their benchmark rate next year.
Eliott Wellenbach, vice president and institutional ETF strategist with Direxion, joined Cheddar News to discuss what traders are expecting from consumer spending ahead of the holidays and how they're positioning themselves following the latest inflation data and mortgage rates.
