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.
Food inflation affects eating and shopping. Students still get bulk deals, but are people trading down? Debate on price gouging and retailer control persists.
Consumer spending on live experiences is up 65% since 2020 and the perfect example of one of those experiences is at this Bravo inspired pop-up. Watch!
Tony Award winning producer, Thomas Laub, stops by the NYSE to discuss the business of Broadway. Plus, what he's recommending you go see this season. Watch!
Bacardi's Director of Lifestyle & Culture, Colin Asare-Appiah makes us a hugo spritz, chats summer drink trends and if AI will ever replace bartenders.