Americans facing retirement are now the fastest growing group of people filing for bankruptcy. A new study by the Consumer Bankruptcy Project reveals the rate of people older than 65 who filed for bankruptcy has tripled since 1991. I joined CBS This Morning to discuss the findings and offer advice.
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A new study reveals a jarring truth for baby boomers. Instead of retirement and relaxation, many are facing bankruptcy. More than 12 percent of those who file for bankruptcy protection are over 65, a figure that was just over 2 percent in 1991. I discussed on the CBS Evening News with Jeff Glor.
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Apple, the first trillion-dollar publicly traded corporation in U.S. history, was valued at $1,001,679,220,000 when Wall Street closed Thursday. I joined CBS This Morning to discuss how Apple has evolved under CEO Tim Cook and how the technology industry is dominating on Wall Street.
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The Federal Reserve says a "resilient economy" is one reason why it's raising a key interest rate for the second time this year. The central bank increased the short-term rate a quarter point to a range of 1.75 to 2 percent. The Fed also predicts four rate hikes this year after an earlier forecast of three. I joined CBS This Morning to discuss what this means for you.
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A judge approved AT&T's $85 billion purchase of Time Warner with no conditions. It's a deal that has been opposed by the Trump administration, but what does the decision mean for consumers? I explain on the CBS Evening News with Jeff Glor.
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Mexico, Canada and the European Union are vowing to retaliate against the U.S. for new tariffs on imported steel and aluminum. The Trump administration's 10 percent tariff on aluminum and 25 percent on steel took effect today. I joined "CBS This Morning" to discuss the impact on consumers.
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The latest jobs report shows the unemployment rate was down to 3.9 percent in April, the lowest level since December 2000. But wages are only up 2.6 percent from a year ago. I joined the CBS Evening News to explain what that means for workers.
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Many people admit they don't save enough for retirement, but it's never too late to invest in the future. I joined the CBS Evening News with Jeff Glor to explain how your tax refund could be a good jumping off point.
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Toys R Us announced plans to start closing down all of its U.S. stores. The iconic toy store will liquidate overnight after 70 years in business. The move puts around 30,000 employees out of a job. I joined CBS This Morning to discuss the ripple effect this will create.
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Have a money question? Email me here.
With the new tax plan now in effect, Americans at most income levels will eventually get some relief. I joined CBS This Morning to discuss what to do with that extra money every month and why you shouldn't count on getting the same tax refund next year.
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The continuing threat of a trade war sent stocks lower again on Friday after a 420-point drop Thursday. I joined CBS This Morning: Saturday to discuss why President Trump's tariffs on aluminum and steel could ultimately slow down world economic progress.
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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.
