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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President Trump took the first step toward slapping as much as $60 billion in tariffs on products imported from China. That stoked fears on Wall Street, and the Dow lost more than 700 points.
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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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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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President Trump tweeted that "trade wars are good and easy to win." Mr. Trump said when other countries "get cute, don't trade anymore, we win big." I joined CBS This Morning to talk about the new steel and aluminum tariffs and the impact they will have on the market.
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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.
