Unsure of how much to tip the doorman this year? Octavio Blanco, Money Editor at Consumer Reports, joins Cheddar to break down the tipping habits across America. He says tipping has decreased 10% from 5 years ago.
Consumer Reports says millennials tip the least out of all the generations. Those 70 and older were the most likely to give holiday tips, with 62 percent giving a median of $25. Northeasterners are also a little more giving--they tip more often than other regions of the country.
Plus, who should you tip? Blanco says to consider the service providers in key areas of your personal life. However, don't tip people who make a salary! Giving an extra twenty bucks to your doctor after a checkup is going to be super awkward.
Americans are expected to spend nearly $24 billion in 2022 for Valentine's Day, and many of those gifts will be in the form of chocolate. John Galloway, interim president of the Americas and CMO of Godiva, joined Cheddar's Opening Bell to discuss what chocolate trends the brand is seeing this year, plus the impact of inflation and supply chain issues on the industry.
New York City's famous subway system is currently facing scrutiny after several recent attacks on platforms. Now, local leaders in the Big Apple are calling on the MTA. To step in and take action.
New York City ride-hailing app drivers are about to get a pay raise. According to the city's Mayor Eric Adams, New York will increase its minimum driver pay rate for both Uber and Lyft drivers. This means both platforms would now be required to pay their drivers a minimum of $1.61 cents per mile and about 0.50 cents per minute. Ultimately, the move would give riders at least a 5.3% race. New York City Comptroller Brad Lander, joined Cheddar to discuss more.
Tensions in Ukraine continue to rise. According to NATO and U.S. officials, Russian troops are still being built up despite Moscow's claims of de-escalation. However, Ukraine does not believe the troops are enough to mount an invasion. The government in Kyiv has also reported several cyber attacks against its defense agencies and banks which is the largest attack in the country's history. Foreign Affairs Reporter based in Ukrain, Terrell Starr, joined Cheddar to discuss more
