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.
Legendary musician Louis Armstrong's many contributions to music and culture are on display at a museum built at his longtime Queens, New York residence. Regina Bain, executive director of the Louis Armstrong House Museum, joined Michelle Castillo and spoke with Cheddar News about the iconic trumpeter, the museum's background and history and displayed some historic artifacts from the musician's past.
With several high-profile divorces of longtime powerful couples in the headlines recently, Cheddar News highlighted the importance of protecting your assets after splitting up. Correspondent Janice Lieberman explained how figuring out finances before signing those papers is a must.
