I joined CBS Mornings to explain why the stock market plunged and what the economy could look like heading into the holiday season.
Stocks plummeted on Wall Street Wednesday, as poor results from retailers led to renewed fears. I joined CBS Mornings to discuss.
Job growth in the U.S. held steady as employers added 428,000 new jobs in April. The unemployment rate stayed unchanged at 3.6%, according to a new jobs report. Despite this, stocks dipped on Friday, capping a volatile week in U.S. markets.
I joined CBS Mornings to discuss the dramatic stock market drop following the Federal Reserve raising interest rates to combat high inflation.
Monday, stocks saw the biggest drop in months due to a Chinese property developer on the brink of bankruptcy. I joined CBS Mornings to discuss the impact on the market, what investors should do now and if this will impact the two-day Federal Reserve meeting.
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.
The Dow and NASDAQ’s Friday closing numbers marked the end of U.S. markets’ worst week since the 2008 financial crisis. The economic fallout has also lead to massive layoffs and predictions of an unprecedented slowdown. I joined CBS This Morning: Saturday to break down the latest financial information.
The New York Stock Exchange will temporarily close its famous trading floor on Monday after two people tested positive for the coronavirus. Trading is set to resume electronically. On Wednesday, the Dow closed below 20,000, erasing nearly all its gains since President Trump took office. I joined CBS This Morning with reaction to the extreme economic uncertainty.
Coronavirus fears led to another terrible day for stocks Monday, amid growing concerns the world may be headed into a new recession. Consumer spending makes up 68% of the U.S. economy. I joined CBS This Morning with some tips on how everyday people can cope with the financial uncertainty.
Wall Street is hoping to rebound Tuesday after Monday's historic losses, but traders still worry about the long-term impact of the outbreak. Some finance experts are fearing the coronavirus pandemic could lead to a recession. I joined CBS This Morning to explain where the U.S. economy stands, and who could be impacted the hardest.
Financial markets suffered losses of historic proportions Monday, with the Dow falling almost 3,000 points, the biggest one-day point drop of all time. The tumble comes as President Trump concedes the country "may be" heading for a recession. Here’s my report for the CBS Evening News.
The stock markets ended a brutal week on a positive note. The Dow bounced back by nearly 2,000 points, picking up more than 9% on Friday. Here’s my report from the CBS Evening News.
The Dow plummeted nearly 10%, leaving investors fearing that the government has not done enough to help the economy amid the coronavirus pandemic.
Another day of big losses on Wall Street, after oil markets plunged overnight. Markets in Australia, Japan and parts of Europe are down more than 5%, adding to the economic uncertainty blamed on the coronavirus. I joined CBS This Morning to explain what's going on amid the spread of coronavirus.
Panic over a coronavirus outbreak could send the stock market into its worst week since the 2008 financial crisis. The Dow Jones industrial average saw its worst one-day point drop in history on Thursday as it lost an entire year’s worth of gains over the course of a week. I joined CBS This Morning to discuss the likely economic fallout.
As Coronavirus cases spread throughout the world, the fear and uncertainty is taking a drastic toll on the financial markets. I weigh in as Meg Oliver reports.
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.
Have a money question? Email me here.
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.
Have a money question? Email me here.
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.
Have a money question? Email me here.