New housing data shows new and existing home sales fell in April as mortgage rates remained high. The number of homes on the market rose by 9%, but prices are still more than 40% higher than four years ago. I joined CBS Mornings to discuss.
Target is planning to lower prices, saying it will cut the cost of thousands of items this summer, hoping to lure customers back into stores. It comes as Americans juggle short-term needs with long-term financial goals. I joined CBS Mornings to discuss.
For the first time ever, the Dow Jones average rose about 40,000, providing new optimism about the economy. I joined CBS Mornings to discuss.
New inflation data is out, and the numbers could influence what happens to interest rates. I joined CBS Mornings to discuss.
This year, a record number of Americans are expected to retire, but a new study reveals that a majority of Americans turning 65 in the coming years are not financially prepared for retirement. I joined CBS Mornings to discuss.
The Federal Reserve will keep its benchmark rate steady, a sign that inflation has not yet come down to the targeted rate. I joined CBS News to discuss.
The Federal Reserve is set to meet to discuss interest rates that remain at a 23-year high since last summer. I joined CBS Mornings to discuss.
Americans estimate they’ll need $1.46 million saved to retire comfortably, according to a new study. That’s a 53% increase from what people thought they needed just four years ago. I joined CBS Mornings to discuss.
As the tax filing deadline approaches, watch out for the IRS list of the so-called “dirty dozen" which are tax scams the IRS commonly sees. I joined CBS Mornings to discuss.
Americans have until April 15 to file their taxes or file an extension. If you live in Maine or Massachusetts, you have until April 17. I joined CBS Mornings to discuss some last minute tips if you still have to file.
As the tax season progresses, the IRS reports having received over 71.5 million tax returns, already issuing more than 49 million refunds to Americans. With the average refund amounting to $3,109, I joined CBS Mornings to discuss how Americans can make the most of their tax refund.
With the arrival of spring, it's the perfect time to declutter your finances and address pressing financial matters. I joined CBS Mornings to discuss.
A new report found the average American FICO credit score has dropped, primarily due to rising consumer debt and an increase in missed payments. Total credit card debt in the U.S. is more than one trillion dollars, which the Federal Reserve said is a record. I joined CBS Mornings to discuss.
A recent report by Vanguard reveals a record number of Americans took early withdrawals from their 401(k) retirement savings in 2022 and 2023, signaling a concerning trend. I joined CBS Mornings to discuss.
The Federal Trade Commission reveals that con artists swindled consumers out of $10 billion in 2023, with over $126 million lost to Social Security scams alone. I joined CBS Mornings to discuss.
The Biden administration has introduced a rule capping credit card late fees at a maximum of $8, a sharp decrease from the current $32 average. This as a new task force is set to address illegal and unfair pricing practices in essential sectors like groceries, prescription drugs, healthcare and housing. I joined CBS Mornings to discuss.
The tech-centric NASDAQ is closing at a new high, driven by enthusiasm for artificial intelligence. This milestone marks its first record peak since 2021. I joined CBS Mornings to discuss.
I joined CBS Mornings with advice for couples striving for financial harmony, such as discovering the key conversations for alignment on money matters, the pros and cons of joint versus separate accounts, and how to turn those discussions into a solid financial plan.
In a significant boost to the job market, the U.S. economy added 353,000 jobs in January, nearly twice what economists had forecasted. I joined CBS Mornings to break down the importance of these numbers.
Tax season is officially underway. The Internal Revenue Service says they’re anticipating more than 146 million individual tax returns to be filed by the April 15 deadline. I joined CBS Mornings to share some useful tax tips for filers.