Your Cheddar hosts Kristen Scholer and Tim Stenovec discuss the top news in personal finance, the market, and business. Thanks to a loophole, debt collectors are now working with local courts to jail anyone who is behind on paying their loans. Plus. how one entrepreneur quit her job live on Periscope and is now helping others create successful businesses.
But first, when you think of the most popular city for tech jobs Silicon Valley most likely comes to mind. However, new data shows that other cities are emerging as tech hotbeds and they are even more affordable than California. Alex Mahavedan, Data Journalist at The Penny Hoarder joins Your Cheddar to discuss the top cities you may want to consider when looking for a tech job right out of college.
And market volatility is on everyone's mind but how can you protect your finances from the ebb and flow of the market? Chris Hutchins, Founder and CEO of Grove, joins Your Cheddar to discuss how to prepare yourself financially if you want to jump into investing.
An independent watchdog within the IRS reports that while taxpayer services have vastly improved, the agency is still too slow to resolve identity theft cases. And National Taxpayer Advocate Erin Collins says those delays are “unconscionable.” Erin M. Collins said in the report released Wednesday that overall the 2024 filing season went smoothly, though IRS delays in resolving identity theft victim assistance cases are worsening. It took nearly 19 months to resolve self-reported identity theft cases as of January, and Wednesday's report states that now it takes 22 months to resolve these cases.
Amazon.com Inc. surpassed $2 trillion in market value for the first time in afternoon trading on Wednesday. The push higher for Amazon’s stock market valuation comes a little more than a week after Nvidia hit $3 trillion and briefly became the most valuable company on Wall Street. Nvidia’s chips are used to power many AI application and its valuation has soared as a result. Amazon has also been making big investments in AI as global interest has grown in the technology. Most of the company’s focus has been on business-focused products.
Climate change doesn’t just mean more extreme weather – it also leads to billions of dollars in lost productivity, tourism, and stresses infrastructure.
