As Coronavirus cases spread throughout the world, the fear and uncertainty is taking a drastic toll on the financial markets. I weigh in as Meg Oliver reports.
CBS This Morning: Cost of Coronavirus
American companies doing business in China, including Ford and Apple, have closed factories and retail locations in the country due to the coronavirus outbreak. Supply chains, flights and cruises are all being disrupted as the number of new cases exceeds 15,000 in light of new diagnosis methods. I joined CBS This Morning to break down the coronavirus’ global economic impact.
CBS This Morning: Tax Season
In just the first week of this tax season, the IRS says it has processed nearly 13 million returns and issued nearly 4.3 million refunds. The filing deadline is April 15. I joined CBS This Morning with what you need to know before filing your taxes.
CBS This Morning: Macy's Cuts
The largest department store chain in America is closing 125 stores and cutting 2,000 jobs. Macy’s is making the cuts in an effort to end a yearlong slump, though it’s unclear how many total jobs will be affected once retail workers factor into the final count. I joined CBS This Morning to break down the implications of the retail giant’s massive move.
CBS This Morning: Avoiding Common Money Mistakes
On average, college students who graduated in 2018 owe more than $29,000 in loans. I joined CBS This Morning to look at some of the most costly mistakes people make with their finances and what people can do to shrink student debt faster.
CBS This Morning: FICO Score Update
The company that turns your credit history into what’s known as a FICO score is updating how that number is calculated. These scores are used to determine whether you can receive a new credit card, or get a home or auto loan. I joined CBS This Morning to discuss a new report that shows the average U.S. FICO score hit an all-time high of 703 last year.
CBS This Morning: Should I Refinance?
Almost 63% of mortgage applicants are homeowners looking to refinance. I joined CBS This Morning to explain how low mortgage rates could help homeowners cut their costs.
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"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.
CBS This Morning: Senior Roommates
Senior citizens are getting creative to make ends meet financially: getting roommates. More than 33% of Americans age 65 and over do not have any money saved for retirement. In 2016, 70% more seniors lived with roommates than a decade before. Check out my story for CBS This Morning about two strangers who took a cue from the “Golden Girls” and moved in together in New York to save money.
CBS This Morning: Financial Resolutions
Many Americans are ringing in the New Year with resolutions. One Fidelity Investments survey of financial resolutions found 53% of Americans hope to save more in 2020, 51% hope to pay down debt and 35% hope to spend less. I joined CBS This Morning to discuss how to make those goals happen.
CBS This Morning: Lagging Retirement Savings
Many Americans are being left behind when it comes to saving for retirement. Almost half of people 55 and older have saved nothing, according to the Economic Policy Institute. I joined CBS This Morning to discuss how you can catch up financially.