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.
Stocks are rising again as a bit more fear evaporates from Wall Street. The S&P 500 was up 0.7% early Thursday. The benchmark index is on pace for its fifth gain in the last six days.
The Federal Deposit Insurance Corp. is set to pay almost $23 billion to stabilize the banking sector. That money comes from an insurance fund that is refilled through fees paid by banks. Now the agency is considering a special assessment on the entire industry to help make up the costs, according to a Bloomberg report.
About 61% of Americans say the economy is impacting their mental health, according to a PayPal survey. Shanthi Sarkar, vice president of financial services at PayPal, joined Cheddar News to break down some key takeaways from the survey and offer tips on saving and managing money.
Monthly VC funding fell below $20 billion in February, marking a two-year low. Jager McConnell, CEO of Crunchbase, joined Cheddar News to discuss the current funding climate and what lies ahead.
Longtime Starbucks CEO Howard Schultz is facing sharp questioning before the Senate Health, Education, Labor and Pensions Committee where he is defending the company’s actions during an ongoing unionizing campaign.
