Monthly Archives: August 2022

Spectral raises $23M to help create web3 credit scores

As more traditional finance products and services find their way into web3, there are some crypto startups emerging with a focus on adding decentralization to old school practices. Spectral, a credit risk assessment infrastructure web3 startup, has raised $23 million in a round led by General Catalyst and Social Capital, the company’s co-founder and CEO…

5 steps to building an emergency fund if you make less than $70,000 a year, according to 2 siblings who did it

Siblings Israel (left) and Sunem Tovar. Courtesy of Sunem and Israel Tovar An emergency savings fund is 3 to 6 months of living expenses kept in a savings account. Sunem and Israel Tovar built emergency savings while each making less than $70,000 a year. Here are 3 simple steps they used to build their emergency…

Biden announces $3 billion in new weapons and equipment to Ukraine as it marks 6 months of war, marking biggest US arms package so far

Footage shared by the Ukrainian Defense Ministry thanking the US for its donation of HIMARS. Ukraine Ministry of Defense Biden announced $2.98 billion of weapons and equipment for Ukraine on Wednesday. This is the largest military-aid package the US has given to Ukraine in Russia’s invasion so far. The US had previously given a total…

Meet a police officer in need of a heart transplant, who can only afford treatment because of Biden’s student loan pause: ‘I worked 24 years… I should be given some sort of pass’

Henry, a Michigan police officer, only stays at his job for the health insurance, which he needs to pay for a heart transplant. Brownie Harris/Getty Images Henry, a Michigan police officer, has a debilitating heart condition and is waiting for a transplant.  He can’t quit his job because he needs the insurance, but can’t work…

Bed Bath & Beyond shares jump 31% after a report the meme-stock favorite has secured new funding

A Bed Bath & Beyond store in New York City. Michael Santiago/Getty Images Bed Bath & Beyond shares jumped more than 31% in premarket trading Wednesday. The meme stock’s surge followed a Wall Street Journal report on a new loan deal the company secured.  The details of the agreement aren’t yet clear, though the Journal…

3 Retail & Ecommerce Trends to Watch in 2022

The pandemic and changing consumer preferences have fundamentally altered the payments & commerce ecosystem, and retailers and brands will need to adapt to retain fickle consumers. The companies that continue to digitize the shopping journey, while promoting sustainability and reducing friction, will win in 2022. As the new year is starting, we’ve compiled three trends…