Your Cheddar hosts Kristen Scholer and Tim Stenovec discuss the top news of the day. A recent study is blowing the conception that millennials are bad at saving out of the water. Plus, the Federal Reserve has a new Chairman....but they're coming in at a time where the U.S. dollar is at its lowest. All these and more on today's episode of Your Cheddar.
According to a new report, 16% of millennials have $100,000 or more in their savings account. Which proves that millennials may actually know what they're doing with their money. Other findings: 59% feel financially secure, 63% save money and 54% are budgeting.
Plus, Jerome Powell will take over for Janet Yellen as Federal Reserve Chairman in early February. Powell has been a Federal Governor since 2012. However, Powell is stepping into this position as the U.S. dollar is at its weakest point since 2014. The dollar's continuing decline is driven by a growing belief that major central banks outside the U.S. will shift away from their ultra-easy monetary policies this year.
Hoyt McGarity, CEO & President of 8AM Golf, joins Cheddar to discuss TGL and how the technology is changing the game of golf right before our eyes. Watch!
Amy Farley, Executive Editor at Fast Company, joins Cheddar to reveal how the Top 50 companies were chosen for a coveted spot on the list of Most Innovative.
Chris Versace, CIO at Tematica, discusses the fed decision, the current state of the market and how news in the coming days will tell us even more. Watch!
Olipop CEO, Ben Goodwin, joins Cheddar to discuss its recent $50M funding round and why other prebiotic soda company's successes is good for business. Watch!
The Knot Worldwide CEO Raina Moskowitz joins Cheddar to reveal the top wedding trends for 2025 and why some newlyweds-to-be want their big day to be phone free!