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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.
The President is peeved--OK, maybe downright mad. Evidently, President Obama told congressional leaders, who are wrangling over a debt ceiling compromise, that "enough's enough." I talked about the deficit (which is like your family's annual cash flow), the national debt (like your family's...
JP Morgan Chase said second-quarter profit and revenue were better than analyst estimates. In Q2, the financial giant earned $5.4 billion, or $1.27 per share (vs. estimates of $1.21 and up from $1.09 in Q2 2010) on revenue on a managed basis (revenue excluding the impact of credit-card securitizati...
Despite to the drumbeat of bad news, you might be forgiven if you didn't realize that US stocks are closing in on all-time highs. Assuming reinvested dividends, the S&P 500 is only 6.5 percent the October 2007 high and the broader Wilshire 5000 is within 2 percent of its all-time high. Perhaps ...
The June Jobs report was lousy. The Labor Department said the US economy added only 18,000 non-farm jobs last month and the unemployment rate ticked up to 9.2 percent. Even President Obama had to admit how bad it was, but he did offer a few ideas that he thinks could help the ailing US labor market....
The June jobs report showed that the unemployment rate for adult men was 9.1 percent and 8.0 percent for adult women. But don't be fooled: while the Great Recession was indeed harder on men (job losses were concentrated in sectors where men dominate, like construction, auto and manufacturing), the r...
[caption id="" align="alignright" width="200" caption="Obama speaking in the White House Rose Garden (Credit: White House/Flickr Creative Commons)"][/caption] There's not enough bright lipstick in America for this pig. The June Jobs Report was lousy and despite President Obama's best efforts, eve...
The June jobs report is out and it was another lousy report. The Labor Department said the US economy added only 18,000 jobs last month and the unemployment rate ticked up to 9.2 percent. The jobs market along with the other problem child of the economy, housing, is just not making fast enough pr...
Forget the noise associated with today's ADP private sector employment report (better than expected at 157,000 jobs added) and Weekly Claims (a decrease of 14,000 to 418,000, the 13th straight week with claims above 400,000) -- it's all about tomorrow's Labor Department June tally of jobs. I dis...
When I worked with clients, I marveled at how difficult it was to get them to focus on their money during the summer months. Instead of fighting the inevitable "summer brain freeze," I talked to CBS stations about 5 Ways to Simplify Your Money this summer. [video=6255882] Increase Your Saving...
Opinion shifted from the "recovery is slowing down" and "Greece is broke," to "we'll make it up in the second-half" and "we'll deal with Greece later". Stocks closed out their best week almost two years (7/17/09), ahead of the long holiday weekend. Ben Bernanke and the Fed allowed QE2 to sail into...
Happy Independence Day...or Financial Independence Day, for "Jill on Money" listeners! Bill from NV has been financially independent since 1994, but he wanted to know whether he would still be entitled to Social Security and Medicare benefits. I double-checked my answer after the show and it ...
There is nothing better than spending time with my friends Jeff Bakalar, Wilson Tang and Justin Yu on their podcast, the 404, which airs daily on CNET. In this episode, I answer financial questions from the awesome fans of the show AND sing an off-key duet with Justin.
Today, the Federal Reserve will wind down the $600 billion bond buying plan known as "Quantitative Easing 2" or "QE2". The point of the plan, according to Fed Chairman Ben Bernanke, was to boost the moribund economy, by (1) encouraging banks to lend the near-trillion dollars they hold in excess res...
When Congress, the Federal Reserve and banks are involved, chances are nothing good is going to happen. That's what became obvious after the Fed released its plan to limit debit-card "interchange" or "swipe" fees yesterday. Swipe fees are what banks charge merchants every time a customer uses pla...
Last year, Bank of America CEO Brian Moynihan said that he would fight lawsuits over disputed mortgage-backed securities. His "day-to-day, hand-to-hand combat" has concluded with a white surrender flag and a fat $8.5 billion settlement. A group of 22 investors, led by BlackRock, MetLife, PIMCO an...