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.”
Stocks dipped Friday morning after the yield on the benchmark 10-year Treasury crossed 5% for the first time in 16 years and also following Fed Chair Jerome Powell's remarks on Thursday.
Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed's target level will likely require a slower-growing economy and job market.