The startup Bstow wants to make donating dollars easier than ever. The startup enables users to round-up on any bill and give the spare change to the charity of your choice.
Jason Grad is the CEO of Bstow. Grad joins Cheddar to explain how Bstow is taking the guesswork out of donating.
With Bstow, a user links their credit card or debit card to the platform. Then, whenever a transaction is made users have the chance to round up their bills and donate the spare change to the charity of their choice.
Bstow is a free platform and their goal is to make giving as easy as possible. Bstow does not have a platform fee, and this enables users to give their money without losing.
Cheddar News checks in on what to look for on The Day Ahead as President Joe Biden meets with House Speaker Kevin McCarthy to look to resolve the debt ceiling debate. Earnings are also slated to be reported from companies including Airbnb, AMC Networks, Electronic Arts and Nintendo.
A study on the U.S. banking system found nearly 190 banks are at risk of failure. Preston D. Cherry, founder and president of Concurrent Financial Planning, joined Cheddar News to explain the process if you have a mortgage with a bank that collapses.
Americans have bet over $220 billion on sports with legal gambling outlets in the five years since the U.S. Supreme Court cleared the way for all 50 states to offer it.
Melissa Brown, managing director of applied research with Qontigo, joined Cheddar News to discuss a new start to the trading week as the market edged lower in a mixed-performance day. Investors also await the meeting between President Joe Biden and House Speaker Kevin McCarthy to look to resolve its debt ceiling debate.
Bobbi Rebell, chief financial officer of Financial Wellness Strategies and author of Launching Financial Grownups: Live Your Richest Life by Helping Your (Almost) Adult Kids Become Everyday Money Smart, gives the top four reasons people struggle financially.
Warren Buffett criticized how regulators and lawmakers have handled recent bank failures and noted that the ongoing debt ceiling showdown will sow even more chaos.
Wall Street drifted to a mixed close ahead of a week full of reports on some of the market’s biggest worries, including how stubbornly high inflation remains across the economy.
