
Unemployment: Emotional Cost Behind the Figures
Jill Schlesinger: Until We Start to Hate Mondays Again, This Recession Will Not End
Watch CBS News
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.
Schlesinger 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.
Jill Schlesinger: Until We Start to Hate Mondays Again, This Recession Will Not End
CBS MoneyWatch.com's Jill Schlesinger Remembers Walter Cronkite
Jill Schlesinger Examines the President's Claims About Health Care
In President Obama's weekly radio address, he said: "Under our proposal, if you like your doctor, you keep your doctor. If you like your current insurance, you keep that insurance. Period, end of story." Really? What happens if your employer decides to change health plans? Isn't this akin...
When I walked through the CBS news room for the first time this past April, I was awestruck. I'll admit it--I'm not a jaded former investment adviser, I'm a delighted (and recent) convert to two "dying" industries: terrestrial news radio and network news. I find both to be amazing endeavors. So...
The Commerce Department reported some unexpected, but welcome news this morning. June Housing Starts rose 3.6%, as construction of single-family dwellings jumped by the most since 2004. Don't get too excited with this data point--I'm about to bring you down. It all started last when I read Jo...
The explanation for yesterday afternoon's rally was obvious: Nouriel Roubini, economist, professor and lead Cassandra of the housing/credit crisis and recession, had donned rose-colored glasses. Reuters reported that Roubini said "the worst of the turmoil has passed." Hooray! If Dr. Doom says we'...
The House Committees on Ways and Means, Energy and Commerce and Education and Labor, as well as the Senate Health Committee (the Senate Finance Committee has not yet presented its version), have come up with 1,000+ pages of health care reform. I was asked to turn those proposals into a two-minute se...
What's the difference between the like-able winners and the odious ones? One word: humility. Scanning the morning papers, it's clear that Wall Street firms are long arrogance and short humility. (New York Times: "$3.4 Billion Profit at Goldman Revives Gilded Pay Options," Wall Street Journal:"Loa...
While everyone was hyper-focused on Goldman Sachs' second-quarter earnings (they were great, in case you didn't hear), I was busy trying to remember how many zeros are in one trillion. The answer is one trillion is the number one, followed by 12 zeros, or 1,000,000,000,000. The trillion question ...
The friendly folks at CBS Radio woke me up early this morning to talk about a front page New York Times article about Goldman Sachs. In my sleepy, throaty voice, all I could ask is, "Goldman again?" Goldman will release its second-quarter earnings before the bell tomorrow morning amid high expect...
Noah endured 40 days and 40 nights on his ark, the Hebrews traveled for 40 days and nights before the parting of the Red Sea and now, after 40 days and nights, General Motors has emerged from bankruptcy as of 6:30 this morning. The new GM is leaner: it's exiting bankruptcy with $48 billion in...
Last weekend, Vice President Biden didn't rule out a second government stimulus package. Today, Warren Buffett said a second stimulus package "may well be called for." On the other hand, "just eight of 51 economists in The Wall Street Journal's latest forecasting survey said more stimulus is necessa...
In a culture that craves immediate gratification, I beg you to shore up your strength and instead pin your hopes on a slow and boring economic recovery. As noted in my mid-year update, the flow of data points to improvement, but that does not mean that recession and its lagging effects are over--tha...
You know that someone has struck a nerve when everyone on Wall Street is talking about Rolling Stone magazine for the first time in about twenty years. Author Matt Taibbi's article about Goldman Sachs, "The Great American Bubble Machine," is causing quite a ruckus everywhere I turn. I have had a ...