Ted Rossman, senior industry analyst at Bankrate, joined Cheddar News' 'Stretching Your Dollar' show to talk about the mounting debt among Americans. Credit card debt hit a record high at over a trillion dollars and according to Rossman, emergency expenses are one of the biggest culprits in debt accumulation.
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Amazon to Use Palm Scan for Buying Alcohol
Amazon will use a new feature in its palm-scanning system to verify one's age to purchase alcohol.
Venmo Introduces Accounts and Debit Cards for Teen Users
Venmo will soon have accounts for teenagers ages 13-17 but they will have to follow a set of rules, with parents or guardians opening accounts on their behalf under their own accounts.
GM North American President Rory Harvey on EV Market
Rory Harvey, General Motors' incoming North American president, joined Cheddar News to discuss GM's foray into the rapidly-changing electric vehicle market along with what lies ahead. "It's a very dynamic time in the automotive industry," he said. "If you look to the transformation across the EVs, it's happening and it's happening at a pace."
Tesla Trims Model 3 Prices in U.S.
Tesla trimmed prices by offering discounts of around $1,300 for its Model 3 vehicles, continuing price adjustments across its fleet since January.
Pfizer Touts Weight Loss Drug With Similar Results to Ozempic
A new oral weight-loss drug from Pfizer could be more effective than the popular Ozempic injection, based on clinical trial results.
Ford CFO John Lawler on Automaker's Growth Plans for Business Segments
Ford Motor laid out some financial expectations and specific growth objectives for its electric vehicle line at an investors' event on Monday. John Lawler, chief financial officer of Ford Motor Co., joined Cheddar News to explain what lies ahead for the automaker.
Venmo to Be Officially Available for Teenagers, Although Many Use It Already
Teenagers will officially be allowed to open a Venmo account with their parent's permission, the company said Monday, expanding the popular social payments app to an age demographic that is likely to embrace it almost immediately.
Afternoon Alexa Flash Briefings of May 22nd
Afternoon Alexa Flash Briefings
Cheddar Afternoon News Briefings of May 22nd
Cheddar Afternoon News Briefings
