A man wears a face mask due to the coronavirus outbreak while waiting for a takeout order at Kellys Irish Times on Capitol Hill on Tuesday, March 24, 2020. Many bars and restaurants are open limited hours for takeout orders only. (Photo By Tom Williams/CQ-Roll Call, Inc via Getty Images)
Yelp will now display a GoFundMe donation button on restaurant pages, allowing users to easily support local businesses feeling the biggest impact from the coronavirus.
The new feature, which is being rolled out in the hardest-hit areas this week, will appear on pages for businesses like restaurants, bars, beauty parlors, and gyms.
On top of this, Yelp and GoFundMe have committed to matching the first $1 million in donations made through the new button.
When businesses reach the $500 donation threshold, the companies’ combined relief fund will contribute another $500.
This announcement comes on the heels of Yelp’s $25 million pledge to independent local businesses in the form of waived advertising fees.
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Financial stress can take a mental toll on people. Dr. Regine Muradian, clinical psychologist and member of the National Debt Relief Financial Wellness Board, joined Cheddar News to discuss strategies to ease those worries over money.
The continued resilience of the U.S. economy could require further interest rate increases, Federal Reserve Chair Jerome Powell said Friday in a closely watched speech that also highlighted the uncertain nature of the economic outlook.
As the Federal Reserve prepares to hold its annual economic conference in Jackson Hole on Friday and Saturday, its policymakers are trying to guide the U.S. economy toward something akin to what's happening in Jackson Hole.
Anyone in the U.S. who had an account at any time between May 24, 2007, and December 22, 2022, is eligible to receive a payment. The 2022 settlement resolves a lawsuit alleging that Facebook allowed millions of its users’ personal information to be fed to Cambridge Analytica, a firm that supported Donald Trump’s 2016 presidential campaign.