Millions of Americans could receive smaller checks after filing their 2018 tax returns. The average refund is down more than 8 percent compared to the same time last year, according to the IRS. I joined CBS This Morning to clear up some of the confusion.
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Americans are starting to see the full effects of the government's tax overhaul. The IRS finds the average refund is down almost eight percent so far this year. I joined the CBS Evening News to discuss.
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I joined joins CBS This Morning: Saturday to discuss some key financial tips from my new book, “The Dumb Things Smart People Do with Their Money: Thirteen Ways to Right Your Financial Wrongs.”
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If you agonize about money, you're not alone. Almost seven out of 10 Americans said finances are a "significant" source of stress in a recent survey. My very first book, “The Dumb Things Smart People Do with Their Money,” may provide some solutions. I joined CBS This Morning to discuss some of the ways people can right their financial wrongs.
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Apple stunned investors with a rare warning that revenue from its first quarter will not meet expectations. In part the company blames slower iPhone sales in China. CEO Tim Cook says a weaker Chinese economy and trade tensions with the U.S. are hurting Apple. What it means for the global economy. I discussed on CBS This Morning.
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Short-term interest rates are higher after the Fed raised rates Wednesday by a quarter point, to a range of 2.25 percent to 2.5 percent. It's the fourth rise this year and the highest level since 2008. The Dow closed down almost 352 points after the announcement, the lowest close of the year. How does the rate rise impact Americans? I discussed on CBS This Morning.
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The Federal Reserve raised its key interest rate by a quarter percent Wednesday, marking its fourth increase this year. The news caused stock markets to reverse course. I discussed on the CBS Evening News.
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The Affordable Care Act may be going back to the Supreme Court after a federal judge ruled the entire law unconstitutional. I joined CBS This Morning to discuss.
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Retiring comfortably at 65 is now out of reach for millions with more and more Americans facing three main obstacles: They're living longer, median wages have stagnated over the past 20 years and a shift from pension plans to 401(k)s have all put a burden on employees. I discussed on the CBS Evening News with Jeff Glor.
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Money can be an awkward topic of conversation. Many Americans say they would rather talk about almost anything else. A recent Capital Group survey asked more than 1,200 adults about what topics they considered "too taboo" to discuss with friends. Income, retirement savings, and the amount of debt were at the very top. I discussed on CBS This Morning.
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On Tuesday, the Dow Jones Industrial Average fell by almost 800 points and shares of tech giants fared even worse. It was a reversal from the market's gains Monday, when Wall Street celebrated news of a truce in the U.S.-China trade fight. I discussed on the CBS Evening News with Jeff Glor.
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The wage gap separating men and women is much wider than previously thought, according to a new report. The Institute for Women's Policy Research claims women earned $0.49 for each dollar that a man was paid over a 15-year span. That's a big difference from census data that show women make $0.80 for each dollar a man earns. I joined CBS This Morning to discuss the gender pay gap.
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On Small Business Saturday, a growing number of shoppers supported their independent neighborhood bookstores. After being nearly wiped out a decade ago, small bookstores are booming. Here’s my piece from the CBS Evening News.
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Black Friday sales are expected to hit a new record this year, with 71 percent of Americans planning to shop over the Thanksgiving weekend. Shoppers could spend more than $1 trillion this holiday season, for the first time ever. I joined CBS This Morning to discuss why consumer confidence is so high.
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Caregiving for elderly Americans can be a huge expense in time and money for their loved ones. A new report shows 20 percent of all caregivers say they spend more than 40 hours a week providing that help. For many, that's about the equivalent of a full time job and close to eight in 10 pay for the costs out of their own pockets. I joined CBS This Morning to discuss why the burden of taking care of elderly loved ones tends to fall disproportionately on one family member and particularly women.
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The CBS News battleground tracker poll finds an overwhelming majority of Americans are optimistic about the economy, with 76 percent of voters rating it as "very" or "somewhat" good. I joined CBS This Morning to discuss why some economists say U.S. growth could "cool" next year.
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In 2008, the banking system was near total collapse, the stock market was in free fall, and government officials (it seemed to many) were as clueless as the rest of us. I joined CBS Sunday Morning for a look back at the housing and banking crisis that almost dragged the world down into another Great Depression, talking with historian Adam Tooze and Wall Street Journal reporter Gretchen Morgenson about how many of the new rules put into place to protect the system from suffering another meltdown are being diluted.
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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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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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