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.
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.
The stock market appears to have recovered slightly from Monday's historic coronavirus-related losses. The DOW Jones industrial average saw its largest singl...
The stock market appears to have recovered slightly from Monday’s historic coronavirus-related losses. The DOW Jones industrial average saw its largest single-day point drop in history, with the biggest percentage-wise selloff since the 2008 economic crisis. I joined CBS This Morning to share advice about what the numbers could mean for personal investors.
On Wall Street Monday morning, stocks fell so quickly when the markets opened, trading was suspended for 15 minutes. All three of the major indexes lost arou...
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.
Your 401(k) may be taking a hit this week after another sell-off in the markets. The Dow, Nasdaq and S&P each lost more than 1.5% of their value Wednesday, the second straight day of losses. President Trump placed the blame on his political foes, and "impeachment nonsense."
Your 401(k) may be taking a hit this week after another sell-off in the markets. The Dow, Nasdaq and S&P each lost more than 1.5% of their value Wednesday, the second straight day of losses. President Trump placed the blame on his political foes, and "impeachment nonsense." I joined CBS This Morning to discuss what's really behind the drop.
There are new fears of a recession, and Wall Street took a hit Wednesday. CBS News business analyst Jill Schlesinger joins the "CBS Evening News" to explain.
There are new fears of a recession, and Wall Street took a hit Wednesday. What should you be doing with your money? I joined the CBS Evening News to discuss.
The latest jobs report shows employers added 263,000 jobs in April. The unemployment rate fell to the lowest rate in half a century. Mola Lenghi reports.
The latest jobs report shows employers added 263,000 jobs in April. The unemployment rate fell to the lowest rate in half a century. Mola Lenghi reports on the CBS Evening News, and yours truly makes a guest appearance!
Have a money question? Email me here.
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.
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.
Have a money question? Email me here.
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. CBS News business analyst Jill Schlesinger joins "CBS Evening News" to explain.
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.
Have a money question? Email me here.
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. CBS News business analyst Jill Schlesinger reports.
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.
Have a money question? Email me here.
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.
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 Jones Industrial Average losing more than 600 points. CBS News business analyst Jill Schlesinger joins "CBS Evening News" to explain what's behind the drop.
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.
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.
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.
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.
Have a money question? Email me here.
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. CBS News business analyst Jill Schlesinger joins "CBS This Morning" to discuss how Apple has evolved under CEO Tim Cook and how the technology industry is dominating on Wall Street.
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.
Have a money question? Email me here.
CBS News business analyst Jill Schlesinger joins "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.
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.
Have a money question? Email me here.
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. CBS News correspondent Bianna Golodryga explains.
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.
Have a money question? Email me here.