E! News anchor Catt Sadler quit after finding out her male co-host made almost twice her salary for doing the same job. After trying to negotiate with NBC, she claims she was denied equal pay. Jennifer Cunningham, Senior Editor at Bossip, joins Cheddar to discuss the growing problem of the gender pay gap.
E! News released a statement saying, "E! compensates employees fairly and appropriately based on their roles, regardless of gender. We appreciate Catt Sadler's many contributions at E! News and wish her all the best following her decision to leave the network." Many actresses in Hollywood have stood with Sadler and expressed their admiration for her taking a stand.
Cunningham says this gender pay gap issue isn't just in Hollywood and urges women to talk to their superiors. She says it's not about what management thinks a woman deserves, it's about the work she does being reflective of the money she makes to do it.
Stocks were mixed in Friday's opening session as the Nasdaq sought to recover after a rough week and following Amazon's earnings, which topped expectations.
It's a benefit to have a 401k plan with your employer but it can also be stressful to decide how to best allocate your contributions. Michele Schneider, partner and director of trading research and education with MarketGauge.com, joined Cheddar News to explain which markets are best to invest in, depending on your age demographic.
There is no specific formula or playbook for handling money with your spouse. Is it any different with a second marriage? Kelli Smith, director of financial planning with Edelman Financial Engines, joined Cheddar News to discuss what approach to take with finances with a new partner.
