The way restaurant workers get paid could be changing. The Department of Labor has proposed making tip-pooling legal again.
Whitney Filloon, Senior Reporter at EATER, explains what the proposal would mean for the restaurant industry. Currently, waiters have the rights to the tips they are given during service. Tip-pooling would allow restaurant owners to divide up the tips however they see fit.
Filloon says Democrats have expressed opposition to the proposal, but Republicans have largely stayed silent. The Department of Labor has until the beginning of April to make a decision.
It's expected that boomers and their parents' generation will pass down $84.4 trillion in assets through 2045, according to Forbes. Paul Karger, co-founder and managing partner of financial firm TwinFocus, joined Cheddar News to discuss wealth transfer between parents and their children and when it's a good time for a conversation between them.
Pets grow into beloved members of families and many do what they can to keep them happy and healthy. Marc Peralta, chief program officer of Best Friends Animal Society, joined Cheddar News to discuss finances and expenses when taking care of your furry family members.
