Andy Rachleff, co-founder and CEO of Wealthfront, discusses the company's new app features that seeks to help millennials save for their first home.
We discuss Wealthfront's "Path" app that helps users save for everything from their children's college tuition to retirement. We dig into the digital specifics of the app and how it is helping clients reach their financial goals.
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.