As healthcare workers risk their lives to treat patients amid the coronavirus pandemic, many organizations are providing much-needed support to the workers on the frontlines.
The Tunnel to Towers Foundation is not only raising money to provide essential protective equipment and meals for essential workers, but it also plans to offer mortgage relief for families of healthcare workers who lose their lives and leave behind young children.
The group launched the COVID-19 Heroes Fund, which has already raised over $4 million\.
Frank Siller, Tunnel to Towers chief executive officer, told Cheddar Wednesday,“The Tunnel to Towers Foundation will take over the mortgage for a period of time,” he said. “We are also buying all of the protective gear. The masks, the gowns and other things we are distributing from New York.”
Siller said the group has been distributing most of the protective gear and supplies to New York hospitals because the state is still grappling with the largest number of coronavirus cases across the country. The foundation is also providing meals for Emergency Medical Service workers and volunteers.
The Tunnels to Towers Foundation was founded in the aftermath of the 9/11 terror attacks in honor of Siller's younger brother Stephen, a New York City firefighter, who died that day. The organization raises money to help injured veterans and the families of fallen first responders.
Ed Siddell, CEO and chief investment officer with EGSI Financial, joined Cheddar News to discuss Thursday's positive trading session in what Siddell called "a year of momentum" as investors continue to digest a heavy amount of news that includes monetary policy, inflation concerns, banking fears and some positive economic data.
Rivian is expanding into New York City and launching its first showroom there. Cheddar News took a look at the showroom in NYC that the company is calling "spaces," which is intended to be experiential retail locations to woo new customers.
Rebecca Walser, certified financial planner and wealth strategist, offers tips on how to avoid money mistakes, develop healthy spending habits, and pay off debts.
The U.S. Department of Agriculture said Wednesday it hopes to weed out false or misleading animal-welfare claims on meat and poultry packaging with new guidance and testing.
If you're looking for food that's good for you and the planet, look no further than the new Isle of Us café and marketplace in the Upper East Side. Cheddar's own Shannon LaNier is on the scene with more.
The price of one kitchen staple is dropping at a historic rate. In May, egg prices had their largest monthly decline in 72 years. Ricky Richardson, CEO of South Carolina-based Eggs Up Grill, joined Cheddar News to discuss the state of play in the egg industry as prices fall while food costs overall are on the rise again. Egg prices are "returning to more normal levels now, we're running down about 40% on a year-over-year basis," he said.
