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.

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Securitize: The Private Credit Boom Is Here

Cheddar News' Need2Know is brought to you by Securitize, which helps unlock broader access to alternative investments in private businesses, funds, and other alternative assets. The private credit boom is here and the Hamilton Lane Senior Credit Opportunities Fund has tripled in assets under management in just six months from November 2022 through April this year. Visit Securitize.io to learn more.

Retail Sales Rise 0.3% in November as Americans Hit Gas, Not Brakes on Shopping, Travel, Restaurants

Americans picked up their spending from October to November as the unofficial holiday season kicked off, underscoring that shoppers still have power to keep buying.

Average Long-Term U.S. Mortgage Rate Dips Below 7% to Lowest Level Since Early August

The average long-term U.S. mortgage rate dropped below 7% to its lowest level since early August, another boost for prospective homebuyers who have largely been held back by sharply higher borrowing costs and heightened competition for relatively few homes for sale.

Mortgage Rates Fall Below 7% for First Time Since August

Mortgage rates have dropped below 7% for the first time since the middle of August.

Taylor Swift Grossed Nearly $2 Billion This Year

Taylor Swift grossed nearly $2 billion this year, according to Billboard.

Study: Youngstown, Ohio Most Affordable to Retire

A study from US News and World Report has found the most affordable place to retire is in Ohio.

Affordable Connectivity Program Could End Next Year

Millions of households could see higher internet costs next year as the affordable connectivity program could end.

Stretching Your Dollar: Tips for Enjoying the Holiday Season on a Budget

Viveca Chow, NYC lifestyle expert, spoke with Cheddar News to provide tips on how to have some festive fun in the city on a budget.

Apple Unveils New Security Feature

Apple announced that it's releasing an iPhone security update to prevent attackers from acquiring users' private passcodes.

Stretching Your Dollar: What You Need to Know About Negotiating

As the new year approaches, many people are looking to find a job with a higher salary or are planning to ask their current boss for a raise. Taliya Bashani, real estate attorney and negotiation expert, joined Cheddar News to provide tips on how to properly and better negotiate better financial terms.

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