Boutique Fitness Studio CityRow on Plans for Expansion
CEO and Founder of CityRow, Helaine Knapp, talks about the boutique fitness club's first franchise in Ann Arbor, Michigan. The location is a natural fit considering Knapp is a University of Michigan alumnus.
CityRow is partnering with Franworth, a franchise growth equity firm, to help with the expansion. The company was recommended to Knapp by former NFL player Dhani Jones.
Knapp hopes CityRow will be expanding into 12 to 15 new markets by the end of 2018. The company is also exploring designing their own rowing equipment for the home.
Cust2Mate is a leading innovator in retail technology, aiming to revolutionize the shopping experience. By implementing smart cart technology, the tech company addresses the issue of theft while enhancing the shopper's journey.
The Biden administration has unveiled a plan, Plan B, to address the student loan debt crisis. It offers to cancel up to $20,000 in interest for borrowers enrolled in income-driven repayment plans. This proposal aims to reset balances for those facing growing debt due to unpaid interest, benefiting low—and middle-income borrowers. An estimated 25 million borrowers are eligible for some form of interest forgiveness.
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It might sound counterintuitive, but the Fed cutting interest rates three times this year could cause inflation to spike and actually be worse for markets and the economy as a whole.
