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.

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Universal Baby Registry Babylist Raises $40 Million Series C
Babylist, an online baby registry for expecting and new parents, recently raised $40 million a Series C round, bringing the company's total funding to $50 million. Babylist also operates as an e-commerce and content platform. The company says it aims to be a one-stop solution for first-time parents who don't know what they need to buy for their new child. Babylist also says it wants to expand to address the needs of the entire family. Babylist founder and CEO Natalie Gordon joins Cheddar News' Closing Bell to discuss.
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