A recent Survey Monkey poll revealed that 37 percent of working moms say they don't find support on social media, where they are usually shamed or can't find advice. That's what inspired the founder of Pando, Sarah Lacy, to launch "Chairman Mom," a social media platform for mothers.
For the full interview, [click here](https://cheddar.com/videos/why-sarah-lacy-is-creating-an-anti-facebook-with-chairman-mom).
Chair Jerome Powell says the Federal Reserve only expects to cut rates once in 2024. But at least, as one economist says, ‘rate hikes are off the table.’
With the Fed likely set to leave rates unchanged, lower and middle income Americans will continue dealing with higher credit card interest and expenses.
Markets soared in May after Nvidia’s Q1 success, but concerns over slowing consumer spending, especially among middle—and lower-income groups, loom large.