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 on Wednesday evening said its long-awaited digital payment system, the FedNow Service, will start operating in July. The service is designed to provide a national platform for financial institutions to settle payments in real-time and at lower cost. That could include large banks, payment processors, and the U.S. Treasury.
A week after the second-largest bank collapse in U.S. history, Treasury Secretary Janet Yellen is set to tell the Senate Finance Committee that the nation's banking system “remains sound” and Americans "can feel confident” about their deposits.
Kellogg announced last year that it was splitting into two companies, one focused on snacks and the other on cereal. Now it's revealed what those new companies will be called. The cereal business will retain the name Kellogg's, while the snack business will be called Kellanova.
Credit Suisse’s shares have soared 30% after it announced it will move to shore up its finances by borrowing up to nearly $54 billion from the Swiss central bank.
Melissa Armo, founder and owner of The Stock Swoosh, joined Cheddar News to discuss Wednesday's session as stocks closed down amid concerns over a banking crisis and ahead of next week's Fed meeting.
