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.
The U.S. economy grew at a 2.1% annual pace from April through June, extending its sturdy performance in the face of higher interest rates, the government said Thursday, leaving its previous estimate unchanged.
Payments are restarting for student loan borrowers but the FTC is warning about in increased risk of getting scammed. Leslie Tayne, founder of Tayne Law Group, joined Cheddar News to provide tips on how to avoid scams amid confusion over payment plans and restarting dates.