Stocks climb on House vote, good economic news
Personal Income and Spending, Durable Goods Orders and New Home Sales showed marginal improvement, highlighting the importance of the House approval of short-term stimulus
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Jill Schlesinger, CFP®, is the Emmy and Gracie Award-winning business analyst for CBS News, where she translates complicated business and economic news into understandable, relatable topics for everyday viewers and listeners. She covers the economy, markets, investing and anything else with a dollar sign on TV, on the "Jill on Money" podcast, radio (including her nationally syndicated show, "Jill on Money," which won the 2018 and 2021 Gracie Award for Best National Talk Show), the web and her blog, "Jill on Money." Jill also won a 2018 Personal Finance Reporting Award from the Radio Television Digital News Association (RTDNA)/National Endowment for Financial Education (NEFE).
Prior to her second career at CBS, Schlesinger spent 14 years as the co-owner and chief investment officer for an independent investment advisory firm. She began her career as a self-employed options trader on the Commodities Exchange of New York, following her graduation from Brown University.
Schlesinger's second book, "The Great Money Reset," was published in January 2023 by St. Martin's Press and her first book, "The Dumb Things Smart People Do With Their Money," was published in February 2019 by Ballantine Books.
Personal Income and Spending, Durable Goods Orders and New Home Sales showed marginal improvement, highlighting the importance of the House approval of short-term stimulus
Two economic reports underscore the need for both an extension of unemployment benefits and the payroll tax cut to stimulate the economy
The Dow closed up over 335 points after better-than-expected housing starts and good news from Germany
MoneyWatch Week Ahead: With a temporary tax-cut extension in jeopardy, investors will focus on Capitol Hill, reports on U.S. economic growth and housing during the last full week of the trading year
Bankrate's Financial Security Index shows improvement in every component from six months ago, but down from a year ago
Year-end tax planning and investment allocation are the hot topics for "Jill on Money" radio listeners
The window of opportunity is rapidly closing on year-end tax savings, but there's still time to pay less to the IRS in April
Now that Congress has averted a government shutdown, it takes up the extension of the payroll tax cut and long-term unemployment benefits
Jon Corzine, the Goldman Sachs trader-turned-senator-turned-governor-turned-CEO strolled back in the casino for one last spin of the roulette wheel and came up empty for MF Global
Women in business have made no significant gains in the last year and are no further along the corporate ladder than they were six years ago, according to new research
Stocks were down 1.5 percent, as investors bet that the EU Summit and the new fiscal compact will not solve the debt crisis
MoneyWatch Week Ahead: Investors turn from the European debt crisis to U.S. economic data and the final Federal Reserve meeting of the year
Listeners have not yet entered into holiday brain freeze, which allowed us to field questions ranging from year-end tax tips, to real estate to investments and allocation
A new fiscal pact leaves the U.K., three other nations out in the cold, as European leaders scramble to calm investors
There's no ignoring the sound of Europe's debt crisis ticking down -- if the EU doesn't find a solution, the financial firestorm will hit the U.S., too