After a huge data breach in 2017, credit monitoring agency Equifax agreed to pay out $700 million, up to $425 million of which would establish a fund to compensate consumers. About 147 million people, nearly half of the country’s population, had their personal and financial information exposed. Equifax admits “no wrongdoing,” and a federal court still needs to sign off on the settlement. I joined CBS This Morning to discuss how you can find out if you’re eligible for a payment.
A recent creditcards.com survey found that a large majority of Americans with debt would not be willing to cut spending on either leisure travel or clothing and shoes by 50%. I joined CBS This Morning to discuss how these choices can impact your credit.
Americans can help fight identity theft by freezing their credit – now free of charge – at the three main credit-monitoring services. This new policy is part of a law called The Economic Growth, Regulatory Relief and Consumer Protection Act. Over a year ago, a hack of one of those credit services, Equifax, affected nearly 150 million people and exposed personal information including names, social security numbers and birth dates. I joined CBS This Morning to discuss the importance of freezing your credit, how to do it, and what to do if you are experiencing fraud.
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A wild week on Wall Street came to an end with a small rally on Friday. I joined CBS This Morning to explain why such volatility might not be a bad thing.
Wall Street opens after the Dow suffered its second-worst points drop ever. It closed more than 1,000 points lower Thursday. The worst drop in history, nearly 1,200 points, happened Monday. I join CBS This Morning to discuss why the market is in correction territory.
U.S. stocks tumbled again after huge swings earlier this week. On Thursday, the Dow lost more than 1,000 points. Here's my latest appearance on the CBS Evening News with Jeff Glor to help explain what's behind the volatility.
U.S. stocks plunged Monday, marking a second day of steep declines. I joined CBS Evening News anchor Jeff Glor to discuss what we can expect moving forward.
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It was a bad end to a bad week on Wall Street. The Dow plunged 666 points Friday, or 2.5 percent -- the biggest percentage drop in a year and a half. For the year, however, it is still ahead.
Tech giants including Amazon, Google's parent company Alphabet and Apple are celebrating record-breaking sales. I joined CBS This Morning to discuss what contributed to Amazon's massive increase in sales and why Apple was able to increase their revenue despite lackluster sales numbers.
Amazon, Berkshire Hathaway and JPMorgan Chase announced plans to create a new health care company aimed at tackling rising insurance costs. How could it impact the economy?
About 65 million Americans are part of Generation X, and they will be the next generation to retire. A recent TD Ameritrade survey finds only 33 percent of Gen X workers expect to be "very secure" in retirement. Almost half worry about running out of money.
President Trump is heading to Davos, Switzerland, to attend the World Economic Forum. The president's "America First" policies will contrast with what has typically been an event that champions globalization.
President Trump is approving tariffs on imported solar-energy components and large washing machines in a bid to help U.S. manufacturers. The administration is imposing an immediate tariff of 30 percent on most imported solar modules, with the rate declining before phasing out after four years.
The Dow opened at a record high after soaring more than 300 points and closing above 26,000 for the first time. I joined Norah O'Donnell, Gayle King and John Dickerson on CBS This Morning to discuss the gains and how a looming government shutdown could impact the surge.
Generation X, or Americans born between the mid-60s and mid-80s, won't start hitting retirement age for another 12 years, but a new report says many believe they're not on track. Thirty-seven percent say they'd like to fully retire, but don't think they'll be able to afford it and 43 percent say they're behind in their savings.
