NASCAR Driver Aric Almirola Wants to Avoid Mistakes of Lottery Winners
The racecar driver joined Cheddar ahead of this weekend's Daytona 500. He says he invests so he can preserve the winnings he's been lucky enough to earn, because he doesn't want to up like some lottery winners and professional athletes who go broke.
For full interview [click here](https://cheddar.com/videos/nascars-biggest-day-of-the-year).
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.