As the gender pay gap continues to close there is still some hesitation in women when it comes to being confident in their personal finances. Hilary Hendershott, President & Chief Advisor of Hilary Hendershott Financial joins Your Cheddar to discuss how to get your feet wet in investing.
But first, why are women so intimidated by personal finance? Hendershott says it's because money comes with an emotional attachment. Many women don't feel comfortable talking to their friends about their wealth, but men talk about money all the time! She encourages women to be more open about their finances.
Plus, how to build your wealth as a woman. Hendershott says you should shed old ideas about the social norms that come with money. She also says the three big things you should be saving for are: a car, a house, and financial freedom.
Kraft Heinz is splitting into two companies a decade after they joined in a massive merger that created one of the biggest food companies on the planet. One of the companies will include brands such as Heinz, Philadelphia cream cheese and Kraft Mac & Cheese. The other will include brands like Oscar Mayer, Kraft Singles and Lunchables. When the company formed in 2015 it wanted to capitalize on its massive scale, but shifting tastes complicated those plans, with households seeking to introduce healthier options at the table. Kraft Heinz's net revenue has fallen every year since 2020.
About 780,000 pressure washers sold at retailers like Home Depot are being recalled across the U.S. and Canada, due to a projectile hazard that has resulted in fractures and other injuries among some consumers.
President Donald Trump has fired one of two Democratic members of the U.S. Surface Transportation Board to break a 2-2 tie ahead of the board considering the largest railroad merger ever proposed.
Ford is recalling more than 355,000 of its pickup trucks across the U.S. because of an instrument panel display failure that’s resulted in critical information, like warning lights and vehicle speed, not showing up on the dashboard.
