New York City is cracking down on rentals, which could have an impact on booking platforms like AirBNB and Vrbo. Cheddar News senior reporter Michelle Castillo breaks down the city's new guidelines and how it can impact everyone from renters and owners to the host platforms themselves.

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Rare Dom Pérignon champagne from Charles and Diana’s wedding fails to sell during Denmark auction
A rare magnum of Dom Pérignon Vintage 1961 champagne that was specially produced for the 1981 wedding of Prince Charles and Lady Diana has failed to sell during an auction. Danish auction house Bruun Rasmussen handled the bidding Thursday. The auction's house website lists the bottle as not sold. It was expected to fetch up to around $93,000. It is one of 12 bottles made to celebrate the royal wedding. Little was revealed about the seller. The auction house says the bids did not receive the desired minimum price.
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