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Americans borrow more heading into the holidays
Consumer credit increased for the second straight month; meanwhile consumer watchdog proposes new credit card rules
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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.
Consumer credit increased for the second straight month; meanwhile consumer watchdog proposes new credit card rules
Obama underscores income inequality; middle class opportunity for growth and prosperity; and balance and fairness of the tax code
Stocks are rising as German Chancellor Angela Merkel and French President Nicolas Sarkozy meet in Paris to discuss the upcoming EU Summit -- will the bulls keep running?
MoneyWatch Week Ahead: European leaders, led by German Chancellor Angela Merkel, will convene in Brussels to discuss European fiscal union and tighter controls
With stocks up over seven percent on the week, radio show questions ranged from emerging markets to IPO's; followed by some financial basics on real estate and life insurance
The U.S. economy added 120,000 new jobs in November and the unemployment rate dropped to 8.6 percent from 9 percent in October
The Dow rallied nearly 500 points after the Federal Reserve and several other major central banks took coordinated action to fight the spread of Europe's sovereign debt crisis
Standard & Poor's ratings service cut the ratings of Goldman Sachs, Bank of America, Morgan Stanley, Citigroup, JP Morgan and Wells Fargo
U.S. stocks gained 3 percent after word of a potential European deal and stronger than expected Black Friday sales results
MoneyWatch Week Ahead: The focus remains on Europe, and more specifically on Italy, the EU's third largest economy, while in the U.S., the monthly jobs report will take center stage
On this week's radio show, we cover retirement funding and investing questions; Social Security and when it's time to hire an advisor
The Fed will test the stability of the nation's top 31 financial institutions amid a potential "financial doomsday" scenario
On the day before Thanksgiving, economic data is gloomy and global stock markets are tanking
US stocks are falling hard, pushing the Dow back into negative territory for the year
Global stock markets are falling, but it's not the supercommittee failure -- it's all about Europe (again).