U.S. stocks fell Wednesday, with the Dow losing more than 600 points. I joined the CBS Evening News to explain what's behind the drop.
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There will soon be a new way to calculate your credit score. The company behind FICO, the country's most widely used credit score, is launching the Ultra FICO Score early next year. It looks at cash accounts and banking behavior to determine if you are able to pay back a loan or credit card balance. I joined CBS This Morning to discuss what it could mean for your money.
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Stock market investors have been enjoying the longest bull market in Wall Street history, but the bulls stumbled badly earlier in the week, before making a slight comeback Friday. All three of the major indexes posted losses of up to four percent for the week, the worst five-day run in six months. I joined CBS This Morning: Saturday to discuss what investors should do next.
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The markets are coming off the biggest two days of losses since February. The Dow Jones Industrial Average lost nearly 546 points Thursday, a 2.1 percent drop, on top of an 831-point plunge on Wednesday. The S&P 500 was also down 2.1 percent. I joined CBS This Morning to discuss what's behind the sell-off.
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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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Efforts to overhaul the NAFTA free trade agreement are entering a critical new phase. President Trump and his outgoing Mexican counterpart announced a preliminary deal to replace the trade agreement for three North American countries. Stocks hit record highs, even though Mr. Trump threatened to place tariffs on Canadian-made cars if Canada does not reach a deal. I joined CBS This Morning to break down the deal and discuss the possible impact.
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 government released its gross domestic product report for the second quarter. It showed the U.S. economy grew 4.1 percent from April through June. That's the best showing since 2014. I joined CBS This Morning to discuss the report.
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The Trump administration is preparing tariffs on another $200 billion in Chinese imports. The latest round could impact the price of everything from seafood to shampoo. I explain what that means for consumers on the CBS Evening News.
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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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I joined CBS This Morning: Saturday to discuss what the U.S. has to lose if it gets into a trade war with China and how trade wars often lead to a recession.
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It was a tough day on Wall Street Monday, as the Dow plunged as much as 700 points, hitting it's low for the year, before recovering at the end of the day. The dip was partly due to concerns about a trade war, but that wasn't all.
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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.