Stock markets got a shot in the arm after promising news of a vaccine and election results were announced. I joined CBS This Morning to explain the factors behind the market surge.
I joined CBS This Morning to discuss the financial lessons from the coronavirus pandemic and how Americans can regain financial security.
Uncertainty on Wall Street after President Trump tested positive for COVID-19. I joined CBS This Morning to discuss the possible impact of his diagnosis on the economy.
The coronavirus is leaving its mark on colleges and universities, perhaps permanently. With schools working hard to keep COVID-19 off-campus, 13% percent of colleges will offer online-only classes, while 35% will offer a mix of virtual and socially-distanced in-person classes. Here's my piece for CBS Sunday Morning on how educators and students are adjusting to an on-campus experience that will be, as one university professor describes it, “some combination of a monastery and a minimum security prison.”
The economy added another 4.8 million jobs in June, dropping the new unemployment rate to 11.1%. I joined CBS This Morning to discuss whether the data indicates the beginning of economic recovery.
The nation's pending home sales jumped a record 44.3% in May, according to the National Association of Realtors. It's the highest one-month gain in the history of the index, which began in January 2001. I joined CBS This Morning to explain how the pandemic is impacting the housing market and why home prices remain high despite record low mortgage rates.
The U.S. economy added 2.5 million jobs in May, stunning experts who anticipated losses on the scale of the Great Depression. I joined CBS This Morning: Saturday to discuss the new 13.3% unemployment rate and the outlook for Americans and the country as it recovers from the coronavirus pandemic.
In a surprising turn, the economy added 2.5 million jobs in May, dropping the new unemployment rate to 13.3%. I joined CBS This Morning to discuss the reasons behind the unexpected positive data.
More than 2.1 million Americans filed for unemployment last week, bringing the number of jobless claims to more than 40 million over the last 10 weeks. I joined CBS This Morning to discuss which industries are scrambling to hire some of those workers.
More than 38 million Americans filed for unemployment over the last nine weeks. I joined CBS This Morning to discuss what this means for overall unemployment and new projections about how long the financial fallout could last.
Nearly 3 million Americans filed new unemployment benefit claims last week, according to the Department of Labor on Thursday. That means more than 36 million workers have filed for unemployment benefits in the past eight weeks. I joined CBS This Morning to explain the significance of the numbers.
A record 20.5 million Americans lost jobs in April, according to an unemployment report released by the Labor Department Friday. The U.S. unemployment rate jumped to 14.7%, the worst since the Great Depression. I joined CBS This Morning: Saturday to unpack the staggering figure and discuss what it means for the future of the country.
For the seventh straight week, unemployment claims are in the millions. More than 33 million Americans have now filed claims for unemployment benefits since mid-March. I joined CBS This Morning to discuss what this means to the economy and which Americans are being hit hardest.
As Americans shelter at home, everyday shopping habits have changed, perhaps permanently, with online grocery sales way up, and department stores struggling to survive. For CBS Sunday Morning, I spoke with Brookfield Properties executive Stephanie Brager; Jan Whitaker, who has written about the history of department stores; and Scott Galloway, a professor of marketing at New York University, about the future of retail.
The Labor Department's latest report says roughly 3.8 million Americans filed for unemployment last week. The figure, comparatively lower than the last five weeks, brings the six-week total to 30 million U.S. workers filing jobless claims. The devastating total reflects the coronavirus pandemic's effect on the economy, despite trillions of dollars in stimulus spending. I joined CBS This Morning to break down the staggering figures.
Many companies are being forced to adapt to the financial impact from the coronavirus pandemic. I joined CBS This Morning to discuss the future of business.
This week saw another significant spike in unemployment claims. Just over 4 million Americans filed for unemployment, bringing the pandemic's five-week total to roughly 26 million people without jobs. President Trump recently signed off on nearly $500 billion extra in addition to the initial coronavirus stimulus package, designed to help mitigate the pandemic's blow to the economy. I joined CBS This Morning to discuss what all of this means for the U.S. and American workers.
The Labor Department says 4.4 million Americans filed for unemployment, bringing the total number to roughly 26 million jobless claims in the last five weeks since the pandemic began. I break down the number and the pandemic's impact on the economy on CBS This Morning.
Charities are struggling to find new ways to help record numbers of Americans who are out of work during the pandemic, adding to the millions who already experience food insecurity. I talked with food pantries in New York, Maine and California, whose work in their communities is being strained, by increased demand, costlier supplies, and a reduced workforce, and yet has never been more valuable.
More than 5 million people filed for unemployment in the last week as coronavirus lockdowns continue through the country. Although the number is lower than the previous two weeks, the figure rounds out a grim four-week span in which over 20 million Americans filed jobless claims. I joined CBS This Morning to talk about what that figure means for the U.S.'s road to economic recovery.