32 Burst results for "Jill Schlesinger"

"jill schlesinger" Discussed on WTOP

WTOP

03:28 min | 5 d ago

"jill schlesinger" Discussed on WTOP

"And 47. And in roslin. It's 1241 to the economy now, job growth, much better than expected last month. The Labor Department says businesses added 263,000 jobs in November. The nation's unemployment rate holding at 3.7%. All this despite the Federal Reserve's efforts to slow the labor market and tackle inflation. We dug into the latest report with CBS business analyst Jill schlesinger. It seems to be the strong or the solid part of the economy with 263,000 jobs. Again, with stronger than expected, but still, we do know that job growth is decelerating. Let me put a fine point on that. In the first three months of 2022, we were averaging more than half a million jobs a month. Now we're in the last three months of the year. More than half a million is going to be sliced in half, more like 250,000. So we are certainly decelerating, but it is stronger than I think many people would have thought at this point in the recovery and also stronger when you hear these stories about boy these technology sector jobs are vanishing and real estate and media. So I think you have to remember, it's a very broad labor market. And this shows you that it is still really holding up pretty okay. Yeah, and at the same time, the feds are trying to cool the economy. What does this all mean now for interest rate increases? Well, I think this is why we're seeing stocks selling off and that is that this is like the bizarro land of investing. Or economic data is good, so it's bad. So we're really seeing is that because the labor market remains strong because we are seeing consumers being able to spend pretty well here in the early parts of the holiday season and companies still hiring. That might make the fed's job a little bit more difficult. Now, fed chair Jerome Powell spoke this week. He said, oh, we may not have to do 75 basis points .75% at the next meeting. I mean, but really, who cares? If they do a half a percentage point, they might have to do another quarter in January. We could be at 5% in the fed funds rate pretty quickly, and I think this is the kind of report that scares investors because it kind of led credence to the idea that the fed may have to keep rates higher for a longer period of time. And so again, I don't suggest that you look at the market day to day, but I think that the gyrations really show you that investors are more hopeful when they think, oh, maybe the rates won't be as high for as long. A day like today they say, uh oh, higher rates are with us for a while. Jill, as you dissect this report, for people who are looking for a new job, what areas of the economy are hiring the most right now? This has been a real role reversal. Remember in COVID, what was the hardest hit sector? Leisure and hospitality, right? And the ones that was hiring the most technology. Well, now it has flipped technology jobs, they're falling off a cliff, leisure and hospitality added 88,000 jobs in November. There's still smaller than they were before pre COVID. I mean, we still have about a million fewer positions filled in leisure and hospitality than we did during COVID, but that's an area that's hiring. Another area that lost jobs early in the pandemic now adding back those jobs, healthcare, adding 45,000 jobs. Local governments seem to be hiring a bit, so that's interesting. I think the one area where you might think, oh, it's very easy to find a job because it's the holiday season, retail, retail lost 30,000 jobs last month. So there's a big change going on in that industry. That

fed Jill schlesinger roslin Labor Department Jerome Powell CBS Jill
"jill schlesinger" Discussed on WTOP

WTOP

01:31 min | 3 weeks ago

"jill schlesinger" Discussed on WTOP

"Rebound could happen with CBS Jill schlesinger. 12 noon? This is CBS News on the hour sponsored by rocket mortgage. Cami McCormick, it was a tragic night at the University of Virginia in Charlottesville, three students were shot and killed, and two wounded after a field trip. We just received information the suspect is in custody. Police chief Timothy Longo, the shooting led to a school lockdown or students were sheltered where they were. And more than 500 of them were sheltered in buildings throughout grounds. Studying in libraries, classrooms, and other places. The suspect Christopher Darnell Jones, a student who allegedly opened fire on members of the football team, university president James Ryan. My heart is broken for the victims and their families and for all those who knew and loved them. The place did not say where the suspect was apprehended. And Indonesia, President Biden sat down today with his Chinese counterpart for a lengthy discussion CBS News correspondent Stephen portnoy has more. At a news conference after the three hour meeting, the president spoke of an open and candid conversation that had him bringing up Taiwan, human rights, and detained Americans. We were very blown with one another. He told reporters he does not believe the tensions will necessarily lead to a new Cold War. We're not going to be able to work everything out. I'm not suggesting it's going to, this is kumbaya, you know, everybody is going to go away with everything in agreement. Biden aides said the intent of the meeting was to set a floor for the U.S. China relationship. That

Jill schlesinger Cami McCormick Timothy Longo CBS News Christopher Darnell Jones University of Virginia President Biden Charlottesville CBS James Ryan Stephen portnoy football Indonesia Taiwan Biden U.S. China
"jill schlesinger" Discussed on WTOP

WTOP

02:27 min | 2 months ago

"jill schlesinger" Discussed on WTOP

"The sinking stock market investors have been riding a roller coaster. It mostly appears to be plunging, so what should you do during the market uncertainty? This morning, CBS business analyst Jill schlesinger explains for us why it is better to ride throughout the turbulent wars. I know we all feel our emotions when things are going really well, so a year ago markets were making new highs and I got contacted by a lot of our listeners who said, I just want to pile into all the stuff that's really done great like all those technology stocks. That's your greed, right? That's your greed light. And then a year later, here we are with market stand with stocks down in bonds down and everyone's freaking out and now all of a sudden the fear part of your brain lights up and it says, get out, get out, get out. And what I would ask is that you know you're going to have these feelings. The real idea here is to not react and do something around those emotions. In fact, doing nothing in sticking to your game plan is actually an incredibly smart way to be a successful long-term investor. So do nothing, huh? Is there anything that we should be examining about our portfolios during this time? If you really want to do something, do something where you are controlling the aspects of your investing world that you can control. Maybe it's that you have not rebalance your retirement account in 6 years and you own a pile of company stock and you've never done anything with it. Maybe it is that you have expensive investment vehicles like a big, mutual fund that someone's managing and you can replace that with an inexpensive index fund and the money you save just falls to your bottom line. And in that respect, you are focusing on what you can control and maybe being able to save money in the process. Is there a way to ease the blow for investors who may be looking to cut back on some fees or things like that? I think that you can replace a lot of investment professionals these days with one of the automatic investment platforms. Also, if you do need financial planning help, overall, long-term financial planning help. I encourage you to work with someone who adheres to this thing called the fiduciary standard. It means they are required to act in your best interests all

Jill schlesinger CBS
"jill schlesinger" Discussed on WTOP

WTOP

02:43 min | 4 months ago

"jill schlesinger" Discussed on WTOP

"The labor force is just like our weather red hot right now. The government reports 528,000 jobs created last month, more than twice what many economists had predicted, and it means the total number of jobs have actually returned to the February 2020 pre-pandemic level. This morning, CBS business analyst Jill schlesinger, with her take. The gains for the month were very broad based, but if we look back to February 2020, right? That's the month before COVID really shut things down. The disparities are pretty striking. Leisure and hospitality, for example, down 1.2 million jobs from the pre COVID era. That's remarkable to me. Whereas we look at other areas have actually regained their jobs that were lost, retail, construction, manufacturing, they're all just above their pre-pandemic levels. But then you look a couple of other areas that have just soared professional and business services, adding almost a million more positions than in February of 2020. And transportation and warehousing, almost 750,000 above its February 2020 level. So you can imagine is the idea around the great resignation is probably not the case. It's probably a real reshuffling of people moving from one sector to another. Jill in these inflationary times, what about earnings for workers getting back into the workforce? Well, interesting. If you just looked at the number, you'd be heartened. You'd say, wow, average hourly earnings are up by 5.2% from a year ago. Isn't that great? Yes, that number is historically high, but it's so much lower than our current inflation rate of 9.1%. So up until the end of March, most Americans were funding the difference by using their savings. A lot of people piled up savings during the pandemic and then you've had enhanced child tax credits. You had tax refunds. So I think through March, people felt like they could kind of absorb the higher prices. Then the second quarter comes prices keep going even higher and we had that big jump in gas and food prices, and then all of a sudden we see that people funded the difference between what was coming in and what was necessary to spend to float your household. People funded that gap with credit cards. Credit card balances have jumped by $46 billion in the second quarter from the first, what's more important is the annual increase in the balances were at highest levels in more than two decades. So that means that we've got to keep an eye out on people at the lower end of the earnings spectrum. Younger workers, also people who already have low credit scores, those are the people who are going to start piling on debt if these prices remain high for much longer. CBS business analyst just

Jill schlesinger CBS Jill
"jill schlesinger" Discussed on WTOP

WTOP

02:06 min | 5 months ago

"jill schlesinger" Discussed on WTOP

"Of these higher costs? I really do believe that if you can put off a purchase, that is about as good as you can get right now. I mean, if you have to commute and you need your car and you can't get on a metro because it's just not where you are, you have to drive. So the advice of drive less, of course, but a lot of people don't have that choice. I do also think that the economy is in a changing moment here, right? We are seeing rates go higher. We are also seeing economic growth potentially slow down. So before you just run out and say, I better get a raise or else I'm leaving. I've been a little bit cautious about that as well because if the economy is going to slow down, if we do go into a recession, maybe it's better to be the longtime employee that someone who is loyal rather than the new person whose head could get chopped off in the next downturn. So just be a little bit careful right now. I do believe we are in a transition period. CBS News business analyst Jill schlesinger, the conversation with Deb and Barr. You are listening to 103.5 FM and WTO P dot com. Where the job now is three 25 speaking of which, money dudes on double DTP we bring you each half hour at 25 and 55. It's gonna preview now of your business day this Thursday on TOP. This is a Bloomberg money minute. Inflation isn't finished with us yet. A day after the government reported the biggest annual increase in retail inflation since 1981, we get another report. This time on June wholesale prices, analysts are forecasting a double digit year over year gain 10.7%. That would actually be a touch lower than the May increase of 10.8. Stocks are coming off a down day after the government said consumer prices last month were up more than 9% from a year ago, the biggest increase since 1981 sent the Dow down more than half a percent. The S&P NASDAQ showed smaller lawsuits. The start of second quarter earnings season will also keep investors busy

Jill schlesinger CBS News Barr Deb WTO Bloomberg government S
"jill schlesinger" Discussed on WTOP

WTOP

02:02 min | 6 months ago

"jill schlesinger" Discussed on WTOP

"And it's changed, your feelings about retiring, well, listen up. We break it down now with CBS business analyst Jill schlesinger. I think a lot of people who left the workforce amid COVID. And I'm talking about folks who are over 55, I think they got really spooked because it was scary times and all the evidence was that older Americans were more at risk, so a lot of people removed themselves from the labor force, and they certainly counted on stimulus checks and extended unemployment benefits. Those things started to wear off. And to some extent, a lot of the people who were tired were like, oh, this is actually okay because the markets were doing so well. And then the markets fall apart, and then the inflation takes off. And now we are starting to see early evidence. It's not a trend yet, of some people feeling like, you know what? Maybe I called it quits a little too early. Many of those people heading back into the labor force to try to make up for the fact that both inflation and diving markets have taken a real bite out of their future retirement plans. What are they finding now that they're trying to get back in? Well, good news. I mean, this is the weirdest thing, which is we know the fed is trying to slow down the economy. And yet the labor force remains pretty strong. And yes, you probably heard some reports about some high-tech companies that said, okay, we're going to slow down our hiring or we're going to let some people go. But the vast majority of folks in the sort of broader economy, they're still looking for employees. So this is a fantastic time actually to say, hey, wait a second. Do I need a little extra money every single month? Maybe this is a time to start doing some part time work. I'm not saying you have to go back and do exactly what you were doing before, but while the opportunity exists and while prices are still high and before the economy softens too much, now could be a very good time to get a few bucks coming in that will help offset some of these price increases. CBS business analyst Jill schlesinger. Sports on the way. It's one 13. An orthopedic surgeon makes understanding pain, painless. It's the biggest frustration that patients have. This is doctor Pamela Mehta, talking about aches with unexpected origins

Jill schlesinger CBS fed Pamela Mehta
"jill schlesinger" Discussed on WABE 90.1 FM

WABE 90.1 FM

01:40 min | 6 months ago

"jill schlesinger" Discussed on WABE 90.1 FM

"Discount CBS business analyst Jill schlesinger of Jill on money Thank you again Thanks so much for having me And if you're a teen looking for a job this summer we want to hear from you Practice emailing email or submit a voice recording to letters adhere and now dot org It's been a means for speed a force for freedom and an icon of counter culture and sexual freedom It's the bicycle Susan B. Anthony once said the bike had done more to emancipate women than anything else in the world Author Jody Rosen's new book picks a fresh look at a form of transportation that's been romanticized and demonized That's next time on one a tonight at 8 on 90.1 I'm Jack Lapierre's former attorney general William Barr says he pushed back against former president Donald Trump's false claims of election fraud in the weeks after the 2020 election Barr told the House January 6th committee he told the president he investigated such claims and found them to have no merit A new report finds nearly 200 German clerics in the monster Catholic diocese sexually abused minors between 1945 and 2020 The report commissioned by the diocese says it identified more than 600 victims but that the actual figure may be ten times that amount Major automakers like Ford GM and Toyota are asking Congress to expand tax credits for people who buy electric vehicles They want anyone who buys an EV or hybrid to be eligible right now the number of tax credits is.

Jill schlesinger Jody Rosen Jack Lapierre William Barr Susan B. Anthony CBS House January 6th committee Donald Trump Barr GM Toyota Ford Congress
"jill schlesinger" Discussed on WTOP

WTOP

03:10 min | 7 months ago

"jill schlesinger" Discussed on WTOP

"The edge of a bear market Friday when the S&P 500 fell more than 20% below its peak said earlier this year capping a 7th straight losing week the longest since 2001 Right now on the Dow is up 673 points the S&P 500 up 76 NASDAQ up one 86 CBS business analyst Jill schlesinger joined us earlier to tell us if we're in a bear market right now The bear is way out of the cave when it comes to the NASDAQ composite And I think that's worth mentioning a lot of these things are I mean there's somewhat arbitrary right I'm telling you that a bear market is defined as a 20% loss from the recent peak But if I told you it was 18 or 23 it wouldn't really matter There's been a lot of selling in the stock market And this goes back to pretty much in the fall when it comes to the NASDAQ composite And we saw a peak in November of last year for the NASDAQ composite All those tech companies that did so well out of COVID And then that market and a lot of those stocks started to sell off accelerating this year And you know the NASDAQ composite down by more than 30% but the S&P 500 just touched below that 20% level on Friday but closed higher and we're starting the session off a little bit higher Let's be clear I can not guarantee anything in the next minute or the next hour or the next ten hours or even the next ten days All right well given that you don't have a crystal ball what advice do you have for nervous investors right now We talked about this last week in that it's very difficult to sit still and try to really stick to your game plan But I think if you don't need your money within the next 12 months that's obviously the best thing you can do I do think we can focus on some action items when it comes to worries about a recession because just like bear markets are part of market cycles a recession or a contraction in the economy that's a part of the economic cycle And I don't know when that's coming but we are slowing down And so what can you do to prepare for that I think the first thing that's very clear is if you have an emergency reserve fund 6 to 12 months a year living expenses hey what we know about consumers right now is they spent a lot of the money they saved during the pandemic So maybe beef that up again before you take a really long trip Number two reduce your credit card or other high interest debt especially the kind of interest that is variable on the way up Then of course if you can afford to you fund your retirement plan to the best of your ability what a great time to put money to work because you are buying a lot of stocks down 20 or 30% right now The last thing I would mention about a recession is in COVID we had a great lesson and what I call the break the glass plan Like oh my God it's an emergency What do I do I would pull that plan off and I dusted off a bit meaning that you want to detail the money that you think you would have to spend for a three month period and prioritize it Food shelter utilities health insurance medications Those are your big 5 What are we worried about A recession can cause job loss and wage stagnation and we want to try to limit that by beefing up your real financial life not your stock market life Some good advice from CBS business analyst Jill schlesinger 1214.

Jill schlesinger CBS S
"jill schlesinger" Discussed on WTOP

WTOP

04:40 min | 7 months ago

"jill schlesinger" Discussed on WTOP

"I'm more glueless And I'm Gigi Barnett Jocelyn chess and is our producer The top story we're following another robust jobs report and more woes on Wall Street CBS News special report a selloff on Wall Street Markets open sharply lower after the Dow's worst day in two years It's coming back some now down 204 points on the heels of this morning's jobs report Investment adviser Michael Farr Stocks are moving lower in a continuation of those sales that are weighing more heavily on the tech sector and NASDAQ stocks than they are the more value oriented stocks and industrial stocks and those stocks known for their more solid balance sheets The Nas off one 15 right now employers added 428,000 jobs last month Business analyst Jill schlesinger The unemployment rate remains right above that three and a half percent which is where we were before COVID and matches a 50 year low President Biden says his administration is building an economy that values the dignity of work but acknowledges inflation is still a challenge CBS News special report I'm Deborah Rodriguez Senate majority leader Chuck Schumer isn't backing away from a vote next week on abortion rights even though he knows the odds are stacked against Democrats getting little legislation passed The latest from WTO's Mitchell Miller on Capitol Hill The majority leader says the vote coming after the leaked draft of a Supreme Court decision that could overturn roe versus wade will be one of the most important lawmakers will take This century Republicans will have two choices They can own the destruction of women's rights where they can reverse course and work to prevent the damage But there will not be enough Republican support to overcome a 60 vote filibuster Still New York's Kirsten gillibrand says it's important to fight for abortion right Something Democrats hope voters will remember in the coming months The ability to make your own decisions about your own life and your own death are on the ballot in November On Capitol Hill Mitchell Miller WTO news Meantime lawmakers on the hill are working toward a compromise on President Biden's $33 billion aid package to Ukraine They plan to have it ready as soon as next week But Democrats may need to give in to Republican objections and drop the president's goal of including pandemic spending in that Bill the price tag particularly for military spending could increase and other details could change There is a wide agreement on both sides about the urgency of helping Kyiv and its allies to resist Russia's attacks The latest last remaining Ukrainian fighters in mariupol hold up inside a sprawling steel plant are refusing to surrender to Russian forces A senior Ukrainian official says today that almost 500 civilians have been evacuated from the steel plant and it's surroundings adding that the next stage is underway and rescuing our people from the facility In his nightly video address Ukrainian president volodymyr zelensky described the situation at the plan as hell especially for the many children who are still there A United Nations aid convoy is on the way to the shattered port city Intelligence provided by the U.S. helped the Ukrainian sink that Russian ship last month we're hearing this from a senior defense official The U.S. shared intelligence on the location of the ship in the Black Sea but Pentagon spokesman John Kirby says the U.S. did not provide specific targeting information to the Ukrainians and the U.S. was not involved in their decision to strike the ship The U.S. has been providing the Ukrainians with a range of intelligence to help them understand the threat posed by Russian ships in the Black Sea The strike against the muscovite was considered one of the Ukrainian militaries biggest victory so far That CBS Pentagon correspondent cami McCormick Meantime First Lady Jill Biden is headed back to Ukraine to meet with displaced families and get an up close look at the refugee crisis there The White House says that she'll spend Mother's Day in a small Slovakian village on the border with Ukraine Doctor Biden did not say whether she would enter Ukraine though This is her second trip to the area She will also serve dinner to U.S. troops at a military base on the Black Sea in Romania In the minutes ahead Amber Heard describes horrific stories of abuse in the Johnny Depp defamation case I'm John dome It is ten 36 Let's face it Real estate is broken Commissions are outrageously high Service is poor and there's been little to no innovation for the last 50 years Until now let me tell you about Hauser there are disruptor brand kind of like what Uber is for public transportation They're bringing so many new things to market that truly benefit you the customer Flat fee listings that put hard.

President Biden Mitchell Miller Gigi Barnett Michael Farr CBS News Jill schlesinger Deborah Rodriguez WTO Ukraine Chuck Schumer mariupol U.S. Dow chess Kirsten gillibrand volodymyr zelensky Capitol Hill Black Sea
"jill schlesinger" Discussed on WTOP

WTOP

01:55 min | 7 months ago

"jill schlesinger" Discussed on WTOP

"It was a very rough day on Wall Street today after the fed's announcement It would raise its benchmark interest rate that happened yesterday There was the big advance yesterday today the big sell off the NASDAQ down more than 5% the S&P down almost 4% Dow dropped by 3% So what should you do to protect that nest egg of yours CBS business analyst Jill schlesinger says stay the course if you don't plan to touch your money anytime soon It is helpful to remember that most of us are saving for a long-term goal So presuming that you don't need your money within the next year and I know there's some people who do But if you're invested and you needed your money within a year shame on you you weren't supposed to do that But if you're thinking about the long term years decades in the future you have to remind yourself these things happen It's awful I don't want to go through it but even if you were thinking about retiring this year or next year and you have that itch like I got to do something just remember that your money needs to last you 20 30 years in the future So you can't afford to just wholesale get out and abandon your game plan Again CBS business analyst Jill schlesinger A federal judge dismissed a defamation lawsuit against Alec Baldwin which was filed by the family of a Wyoming marine killed in Afghanistan Baldwin had sent the family $5000 after Lance Corporal Riley McCollum was killed in Kabul in August then shortly before the one year anniversary of the capitol riot sister Royce McCollum posted a photo of demonstrators at the Washington Monument on Instagram She was in the district January 6th but the suit claims she was not arrested or charged with any crime The McCollum family claims Bowen then subjected them to online harassment The judge said the Wyoming court does not have jurisdiction but an attorney for the McCollum said the lawsuit will probably be refiled in New.

Jill schlesinger CBS fed Lance Corporal Riley McCollum S Royce McCollum Alec Baldwin Wyoming Baldwin Kabul Afghanistan Washington Monument McCollum Wyoming court Bowen
"jill schlesinger" Discussed on WTOP

WTOP

03:40 min | 10 months ago

"jill schlesinger" Discussed on WTOP

"But maybe not that's not so easy these days You see the cost of home ownership continues to skyrocket apparently keeping many would be buyers out of the marketplace altogether Nationwide there are only right now about 250,000 homes currently for sale that are considered affordable and there's more A record 146 new cities have become $1 million cities where the typical home value is at least 1 million bucks The total number of cities falling into that group right now numbers more than four 80 this morning CBS News business analyst Jill schlesinger with more It has been a very strange couple of years in the housing market I'm sure that anyone who's looking for a house doesn't have to be reminded that the competition is stiff But we've seen surging demand for people who would like larger spaces especially as a lot of people work from home And then we had this period where there were very low mortgage interest rates prices surged and now at the very time where some people thought like hey I've got some money saved up We still have this huge problem which is we're just aren't that many homes for sale Part of it has to do with existing homes where you know normally in periods where we're starting to see people maybe change their housing maybe they're downsizing or moving somewhere else A lot of people are just aging in place They're staying in their homes And so we don't have a lot of inventory there And then we had a whole period where you just couldn't have a lot of new homes built in many parts of the country because of the nature of the pandemic and supply chain issues So we just don't have a ton of homes for sale Prices are high and now mortgage rates are on the march higher as well So it's a tough time to be looking for a home Now I'm going to be a little bit more less of a Debbie downer Debbie And that is that you know what There is clearly going to be a loosening of the inventory There is going to be more housing stock that comes online It's just that it's very difficult right now What do you think we're going to have to do Because this doesn't just affect the middle class it's also those who are trying to build wealth And if you can't get into the housing market it becomes increasingly difficult to do that What direction do people go I know that we have always talked about housing being a very good way to create some wealth But I also think that renters get short shrift sometimes In that there are some markets where it is so hard to buy a home that you are better off renting especially if you've found a decent rental availability right And so what does that mean It means that you have to actually take this opportunity to say okay I don't have mortgage and I don't have principle and interest And I don't have maintenance What am I going to do to build my wealth So what I would encourage people to do is that if you have that free cash flow that you were saving for a new home then maybe you redirect some of that money and you start building out your retirement There's plenty of people who rent across the country who are able to sock a little bit more money way into savings because they're not stocking their money away into their homes And what's really interesting about that is it could give you greater opportunity in the future But again not if you just blow the extra money just spending without being mindful about it So I do think that there is a possibility here And again I believe there will be more inventory that comes online Don't be weirded out by the fact that you are renting Renting is fine but you've got to make sure you capture that money so that it helps build your net worth in other areas Business analysts Jules schlesinger talking they remarked about the latest on the housing market You are listening Model 3.5 FM and WTO P dot com.

Jill schlesinger CBS News Jules schlesinger WTO
"jill schlesinger" Discussed on WTOP

WTOP

03:09 min | 10 months ago

"jill schlesinger" Discussed on WTOP

"The number of jobs in the U.S. has surged the Labor Department reported on Friday that 467,000 jobs were created last month labor force participation increased to more than 62% That's the highest level since March of 2020 and all of this much better than many economists had predicted Joining us live is CBS News business analyst Jill schlesinger Jill very good news in this report but economists were bracing for the worst Why is that And where did we see boost to the economy I think it really had to do with amaron We just had no idea how this might impact the hiring practices and also just the behavior among consumers And we just were kind of shrugging our shoulders saying don't know So the range was huge I mean really we showed love A lot of people predicting losses of 250,000 jobs up to gains of two 50 so the four 67 was quite shocking on the upside Now that said these numbers are always revised right The two subsequent reports come out and they have the little last paragraph from the bureau of labor statistics It says hey here's what happened in the last two months as we revise them I think the part that's really interesting though may be that a lot of employers were looking past the variant So we saw leisure and hospitality and a 151,000 new jobs Now you wouldn't think that would happen amid the variant but I think again that people were saying okay we're going to get through this It's going to get better We still need more workers So we saw leisure and hospitality show good games Professional and business services showing more than 80,000 jobs We saw retail adding more than 50,000 jobs So I think it was broad based and I think what this really does tell us is the labor market has really made tremendous progress since those horrible days of April of 2020 were not a 100% of the way back but a lot of sectors are doing quite well So what does this teach us about how we look at the economy And specifically how we should view it in 2021 Well I mean look 2021 was an interesting year because it was a lot of fits and starts But if you look at the entire year the BLS the bureau of labor statistic did release the annual benchmark revisions And you know what we find it's kind of like what my dad always said It's never quite as good or as bad as you think Looking back at 2021 we thought the summer was unbelievable in terms of hiring And it was a little less wonderful We had revisions downward The end of the year November and December we were all worried oh my gosh we're seeing lower numbers of people going to work Well you know what That was better than initially reported All in all 555,000 jobs on average every month in 2021 It was a huge year for the jobs market We are not going to see that kind of progress going forward but that doesn't mean that there aren't opportunities According to a separate report from the Labor Department we have almost 11 million open jobs right now So if you are unhappy with where you are you may want to look elsewhere All right Not you guys You say where you are You too because we need you for all of this Thanks so much Jill CBS News business analyst Jill schlesinger All.

Jill schlesinger Jill amaron Labor Department BLS CBS bureau of labor statistic U.S. Jill CBS Jill schlesinger
"jill schlesinger" Discussed on WTOP

WTOP

03:10 min | 11 months ago

"jill schlesinger" Discussed on WTOP

"Your free estimate today Can't wait for that warmup It is ten 11 up and down up and down If you've been riding the Wall Street roller coaster this year you know that volatility defines the start of 2022 and continued throughout the month So what can we expect moving forward Joining us live now is CBS business analyst Jill schlesinger Jill my goodness what a tough start to this year What happened earlier this month and what exactly are we seeing now Well I think what's important to remember is that these volatile times are actually very important for the market They help kind of relieve pressure that's building up And so what has happened is that since about last November early December there were a lot of different investors who were pouring money into stocks and into cryptocurrencies into even like real esoteric cryptocurrencies not the big ones and they were simply just doing that without seeking well why is the risk And so now we have a lot of risk because many of these risky assets have been deflated some And it's dragged down the overall market I think at the end of the day we are entering a period where the Federal Reserve is starting to raise interest rates where the big gains and a lot of these companies maybe got overdone and so you've got a rotation and a reconsideration of where big investors and smaller like want to put their chips right now What should investors now be watching for or bracing for as the case may be and what's your best advice about staying in a market like this Well first of all you should be bracing for more volatility You know we have not seen a period like this in a very long time meaning we have not seen the Federal Reserve raise interest rates reactively meaning that we've seen the fed raise rates they started to do that in 2015 but there was no inflation It was just sort of like hey the economy's doing well We can raise rates now This is the first time in decades where we've seen the fed say oh boy prices are up We better get going And that is something that could dis really disarm many investors and it creates a lot of volatility Here's what I want you to remember You're a long-term investor If you are looking forward and you say well what would happen if not just a 10% reduction Let's say there was a bear market at 20% reduction Would that impact my life today The answer is no then you're probably fine You've probably have a game plan You probably have a well diversified portfolio But if for some reason you got a little ahead of yourself You put a bunch of them money that you were going to use to buy a house next year in the stock market And you think to yourself wow if my $25,000 got knocked down by 20% 25% that would be really bad I couldn't execute my game plan Then you've got too much risk So this is about you And yeah you know what I'm a party pooper and I'm sticking to it I was the kid in high school who said let's not tap that other keg You guys their parents are coming home soon Okay Well we know who not to invite to the Super Bowl party Indeed Jill thank you some good advice this morning That is CBS business analyst Jill schlesinger Ten 14.

Jill schlesinger Jill fed CBS Super Bowl party Jill Jill schlesinger
"jill schlesinger" Discussed on WTOP

WTOP

03:30 min | 1 year ago

"jill schlesinger" Discussed on WTOP

"Schedule your free estimate today 11 minutes past 10 o'clock the end of 2021 is fast approaching and before the ball drops on New Year's Eve there are some financial homework assignments for you to complete That's right and from taxes the planning your retirement there's a lot to think about Let's take a look at some of those things right now with CBS business analyst Jill schlesinger Jill thanks for being here Great to be with you Thanks for having me Great to have you here And even though many of us can kick the can down the road you know with our taxes and that sort of thing we try not to think about it until next year You're saying there's some things we should be thinking about right now Absolutely Of course a lot of the IRS deadline triggers come at the calendar yearend not just the April 15th deadline So for example let's say that you go to the IRS dot gov website which I know you have you all have bookmarks so don't tell me otherwise But if you go there you're going to use the withholding estimator and you want to see have I had enough money set aside to pay my tax bill in April Maybe if you haven't you talk to your payroll department you say hey can you take some more money out of my last couple of paychecks before the end of the year That might really help you out If you are self employed this is very important time to see if you may be need to make a quarterly estimate This can really reduce the headaches come April Keep your hands on a bunch of notifications you're going to get from the government They're about child tax credit payments the economic impact or stimulus payment You'll probably get a note from the health insurance marketplace just throw it all in a file 2021 tax is have it nearby because it's just hard to go recover that stuff if you've tossed it out by mistake And Joe what should we be doing or at least thinking about when it comes to our retirement plans and account Well just remember that this year end is also a deadline for putting money away into a pre-tax retirement account and that can really help you reduce your tax bill come April So maybe you work for a place and it allows you to change the amount that's going in your 401k the limit this year $19,500 for all of these employer sponsored plans So maybe you say to your payroll department hey you know what My contribution level has been 5% But I actually find myself with extra cash on hand Let's book booted up to 1520 25% A lot of companies allow you to go up to 50% and that could actually reduce your taxes come April You should also know that of course when it comes to retirement this may be a great year for you to think about a Roth conversion If your income dropped this year for some reason you may be able to take a traditional account where taxes haven't been paid and pay the taxes today maybe you're at the lower rate and then when you retire in the future no tax do One thing that I also want to remind everyone about your retirement plans the retired required minimum distribution from retirement plans is back in place We got a little pause on that and you got to reprieve from taking your RMDs you must take your required minimum distribution or else you will pay a huge penalty 50% of the amount that you should have withdrawn So if you are over the age of 72 please please please pay attention Big deadline looming Some great advice Thank you so much Jill Take care Coming up on how our church in our area is raising awareness about a spike in violence in the community sports next ten 14 Hey football fans Hall of Famer whitson here when I played in Baltimore I love the energy from the purple nest Now what I'm looking for excitement I head over.

Jill schlesinger Jill IRS CBS headaches Joe Famer whitson Jill football Baltimore
"jill schlesinger" Discussed on WHAS 840 AM

WHAS 840 AM

01:36 min | 1 year ago

"jill schlesinger" Discussed on WHAS 840 AM

"I mean, it's really easy to do and it would be a fraction of the cost. If you feel like you want to, you know, Maintain some relationship. You could leave a little bit of money there. But my guess is that unless this person is actually doing full blown financial planning for you all the time and really in your face, and just like, what can I do to help you? How can I help you with your career? How can I help you with this? I mean, very mere fact that there's a custodial account and this person hasn't said move it into a 5 29 plan. Kind of proves to me not the greatest advisor in the world. That's just my two cents. I agree. Yep. Absolutely. Does it feel awful for you to think about firing her? Not necessarily. I'm not. I don't You know, it's you hate to fire people. Because, you know, we all have to do that sometimes, But but no, I'm I. I value my money more than that relationship not to sound too callous, but not at all. Okay. We saw a little bit more to finish up with Lois. I know it seems I've got to tell you when you come on the air with us, there's more to ask. So if you've got a financial question, let us know. It's asked Jill Jill and money dot com or hop onto the website Jill on money, com will be right. Back. Green. What would you do if you had an extra 2 to 3 hours a week?.

"jill schlesinger" Discussed on WHAS 840 AM

WHAS 840 AM

07:21 min | 1 year ago

"jill schlesinger" Discussed on WHAS 840 AM

"Line from Boston. Welcome to the program. How can we help you out today? I am a relatively young person. I am 28 years old. My wife is actually just turning 28 as well. We both started our career and the nonprofit sector. Um and I, We actually both changed jobs. Recently she started working at I'm a search firm, and I actually started working at a small consulting Salesforce consultant company. So we have a couple goals. One of them is to buy a house. Um and then not too distant future and we're also looking to have a baby in the next few years but wanted to ask about saving for retirement asset allocation. Since we both started new jobs. We have to go through all that and figure out what we want our asset allocation and also whether it's a enrolling wrath for own case or in traditional Faro and case and what might be best to do their got it. So let me ask you a couple of questions. So you're both now you have left nonprofit land here both now in for profit land. Correct. Yeah, that's correct. My wife was actually on furlough for six months and then was laid off so We're a little bit of a gap there, and I was luckily employed through that. But we did both changed careers pretty close together with a challenge. That's a lot to take in those I mean, like to both start new jobs is tough. I'm so glad you both have jobs. So that's fantastic. To hear. Has the shift in career meant a change in compensation? Are you making more or less or the same than you were? Yeah, we are. Luckily, making more given. We're both in different sized nonprofits, But we are making a good bit more than we were. How much you earning now, George? Yeah, Combined we make 127,000. And are you both eligible for 41 case through the new work? We are. I have a 90 day waiting, period. So we have a little bit of a gap there. But we are both eligible and four Oh, one K, So they both 41 K plans. Yes, they're both for one case, and they both have rough options. They do? Yeah, they both have wrought prescriptions and matching as well or not. Mine has a a match of 5% match. My wife actually has some profit sharing. So it's a little bit new for us coming from the nonprofit sector. So you're renting right now. How much do you pay in rent? We have a little bit of a funny situation there. Um During the pandemic. We had an opportunity to move from our small one bedroom into the house that my wife's grandparents used to live in that her parents were renting. So we are basically paying, you know the property taxes and we're paying about $900 a month because of that, that situation so that so far so far, I like that rent. Is this a house that you would have would like to buy from the family and live in or not? Yeah, Initially, we thought that might be the case. But the cost of living in the area that the house is the values is probably too high for what we could afford. So we probably would look Elsewhere. We're not quite sure how long we would be here, but we're kind of in a in a waiting period. While this is an opportunity where we can pare it pretty low rent, but it probably will get sold in a year or two. Something like that. Okay, because that's like such a great deal. What about Let's go into some of the other particulars? Do you have some debt that's left over may be schooled at or other debt. That's outstanding. We are also very fortunate in that capacity. We neither of us have any debt coming in. So I love that love it Fantastic. Okay, now in looking at the old retirement plans, What did you do with those? Did you leave them where they were? Did you roll them over What happened? My old retirement plan, which is traditional for O and K. I did roll that over. It was with fidelity. So I kept it infidelity. My wife's plan. She did not roll her is over You and I actually wish we would have rolled it over and maybe even converted to Iraq last year because our income was a lot lower with I'm with her being furloughed and then laid off, But we missed the boat on that. But it is not currently rolled over. How much is in each of these accounts? I have just about 85,000 and hers is about 28,000. Do you guys have any other Their retirement accounts. You have Roth IRAs right now or not. We did start those a couple years ago. Mine has about 24,000. And hers has about 15,000. And you're putting in six grand a year. We just started a few years ago. But that is the plan to Max out as early as we can with the 44 6000, okay? Once you start contributing to your 41 K. What is your goal in terms of how much you're going to put in their given our situation this year where our expenses are pretty low, and we both started new jobs. We are potentially planning on maxing out. Maybe even both. I'm not sure how How close will be able to get there. But given our expenses are pretty low and are only big savings goals. The hostel payment that we actually already have about $124,000 save for a house down payment. We figured we might divert our energies into saving more for retirement this year. Given our situation, see of 124,000 in the House Down payment fund is that separate from your emergency reserve? Is that all sort of clustered in together? It is separate. Our emergency fund is is 12,000 actually is about five months of expenses right now, because our our expenses are so low at this time, but you might look at beefing that up a little bit. How much must you spend on a home? Let's talk about that. Our jobs that we did start might have the potential for remote work were kind of wondering maybe a couple of years or even that a year or two down the line. We might look a little outside of the Boston area. Try not gone too far, but might help us be able to purchase the house by not maybe you get to go to New Hampshire, where there's no state income tax, right? Yeah, that that's something that's actually not that. Not that far away. I know like Southern New Hampshire. It's always so weird. I lived in New England for a while, and I was like what There's but But But But But I know that the property taxes there are killer. So you sometimes you pay one way or the other. What are you thinking about in terms of the amount of money that you would spend on the house? So that house down payment fund? Um, what does that represent? What's the house value that you think you could afford right now? I think our down payment fund. Um it's pretty close to what we would need to cover. Um, the 20% down payment and any extra any other costs that come with closing process. So like 5, 56 100,000 is like the type of the amount that you would be spending. Um, that's part of the conflict. I I personally feel like it be pretty nerve wracking to buy a house that expensive which that's kind of the reality of the area, But I would ideally like to pay closer to 404 50. Okay, Max, but.

New England 90 day New Hampshire six months 20% George 28 years 12,000 127,000 one K Boston Southern New Hampshire 124,000 last year Iraq 41 case 5, 56 100,000 a year four 28
"jill schlesinger" Discussed on WHAS 840 AM

WHAS 840 AM

01:49 min | 1 year ago

"jill schlesinger" Discussed on WHAS 840 AM

"Or are you more than $10,000 in debt Feel like you're on a never ending treadmill, staying in one place and never getting ahead with those minimum payments. You feel like there's no way out. Don't let the credit card companies bully you anymore. There are programs in place to help you get free of your debt, and you don't have to pay the entire amount you all the program at total financial freedom can help you get dead free and months instead of decades, Get off the debt treadmill and stop the harassment get free of credit card debt signature loans. Department store cards, Internet loans and medical bills. Call Now at 805 33 66 05 for free information for about 10 years, Total financial freedom has helped thousands. Their A plus rated by the better Business bureau to get off the endless cycle without having to declare bankruptcy. You'll have the right to settle your debt for a mere fraction of what you owe called total financial Now at 805 +33 66 +05 That's 805 +33 66 +05. If the pandemics taught us anything, it's that the easiest way for germs to get into your body is the knows we all know how to wash our hands. But how do you clean your nose for over two million Americans. The answer is no voyage. Nasal care, nervous uses powered suction to flush out allergens, mucus and germs that cause congestion, colds and flu so you can breathe better sleep deeper, snore less and feel healthier. Better yet savages all natural and drug free. That's why one of America's top respiratory hospitals recommends nasal irrigation to stay healthy, explaining that bacteria and viruses thrive in warm and moist environments.

Over 18,000 Migrant Kids Are Now In U.S. Custody

Jill Schlesinger on Money

00:37 sec | 1 year ago

Over 18,000 Migrant Kids Are Now In U.S. Custody

"More than 18,000 unaccompanied migrant Children in U. S custody, But his members of Congress make trips to the southern border. The vast majority of people who show up at our border. We're turning away. White House communications Director Kate Bedingfield on ABC is this week's as President. Biden is working to not only create more space for unaccompanied migrant Children, but also to work on more systemic issues in the region. What we need to do is address the root causes of migration. It's something that President Biden did. When he was vice president. He spent time in the Northern Triangle countries that people are migrating from Working to try to address the the lack of infrastructure. The lack of programs. A new

Kate Bedingfield U. Congress President Biden Biden White House ABC
Trump accuses FDA of slowing COVID-19 vaccines

Jill Schlesinger on Money

00:30 sec | 2 years ago

Trump accuses FDA of slowing COVID-19 vaccines

"Saturday on Twitter. President Trump accused quote the deep state or whoever at the FDA of slowing down testing of covert 19 vaccines and therapeutics. He suggested they were trying to delay until after the election. He offered no evidence. But today on ABC He's this week. White House chief of staff Mark Meadows says the FDA needs to feel a sense of urgency. I think you're going to hear an announcement later today, which really hey, he had to make sure that they felt the heat If they don't see the light, they need to feel the heat because the American people are

President Trump FDA Mark Meadows Twitter Chief Of Staff White House ABC
Powell Emphasizes Inequality in Pandemic-Fueled Job Losses

Jay Talking

00:25 sec | 2 years ago

Powell Emphasizes Inequality in Pandemic-Fueled Job Losses

"CBS was Jill Schlesinger says fed chairman Jerome Powell is concerned about the labor market Powell reiterated his concern that millions of Americans could become permanently unemployed from the crisis he also said the downturn has not fallen equally on all Americans the rising joblessness has been especially severe for quote lower wage workers women African Americans and

CBS Jill Schlesinger Jerome Powell FED Chairman
Dow industrials end down over 450 points as coronavirus fears rise

WTOP 24 Hour News

00:39 sec | 3 years ago

Dow industrials end down over 450 points as coronavirus fears rise

"In stocks have tumbled this morning after China announced a sharp rise in the number of cases of coronavirus threatening to cramp global economic growth right now the Dow down almost four hundred and sixty four points the S. and P. down over fifty points but CBS news business analyst Jill Schlesinger says she doesn't think the current adviser corona virus cases here will have a significant impact on the US economy I don't think that five or ten or even fifty cases that's not what's going to impact the United States economy what's going to impact the U. S. economy is at if everyone is freaked out and they're scared to go out shopping they're scared to do things that's what starts to impact the real

China Jill Schlesinger CBS Business Analyst United States
Fed cuts rates again, telegraphs possibility of one more

Mark Larson

00:53 sec | 3 years ago

Fed cuts rates again, telegraphs possibility of one more

"Report as was widely expected the federal reserve's movie short term interest rates lower for the second time this year a quarter point cut it may not be the last cut this year live to CBS news business analyst Jill Schlesinger Jr what's this mean to consumers. we're not hearing Jill we have a little bit of a problem there will get back to her fed chair Jerome Powell is said to give his news conference at this hour they'll be much attention to what he says and whether he indicates future rate policy five fed officials have said they expect one if not more rate cuts this year the open market committee meeting in July indicated the labor market remains strong in job gains have been solid household spending is also been rising at a strong pace right now on Wall Street however the Dow was down a hundred and seventy one points the nasdaq off

Business Analyst Jerome Powell CBS Jill Schlesinger Jr
Employment bounces back in March with 196K jobs added

Mike Slater

00:32 sec | 3 years ago

Employment bounces back in March with 196K jobs added

"Icho. Some good news in the March employment report, CBS news, Steve Kathan reports. The government says employers added one hundred ninety six thousand jobs last month. Good numbers as CBS news business analyst Jill Schlesinger. They have care industry continues to add jobs forty nine thousand in March almost four hundred thousand jobs in healthcare over the past twelve months. We also saw good gains in professional and technical services. And the nation's jobless rate held steady at three point eight percent near the lowest level in almost

CBS Jill Schlesinger Steve Kathan Business Analyst Eight Percent Twelve Months
Investing: Wait For It...?

The Indicator from Planet Money

07:00 min | 4 years ago

Investing: Wait For It...?

"Things a lot of smart people apparently do with their money. It is also a question. We get a lot here at the indicator, namely, timing the market. So basically, this is just trying to figure out what the stock market's gonna do. For instance, is the stock market gonna go up. So you should go buy a bunch of stocks right away. Or you know is the market gonna go down. You should celebrate of stocks. So j. Jill timing. The market's first of all there is this classic smart person mistake, which goes something like this. I am really smart. If I put a lot of time and energy and focus on researching something I will yield better results than the schlub down the whole for me, who's throwing darts rice. That's that's really, the classic smart person homework. I'll do homework exactly know how to perform yet is like so spot on. So the problem is that first of all investing is not just about homework. It is emotional market timing classic example. So here's what market timing is generally as we speak today on this in this moment, the stock market went down at the end of December and rallied in January and continued to rally in February. And now people are writing in and saying to me. Well, I was going to invest my tax refund in my Roth IRA, but I think I'll wait because the market's going up right S. Well, yeah, you don't wanna like what if the market falls again next month? And then you're it's like when you buy a sweater, and you walk by the store three days later and the sweaters been marked down sixty percent. And you feel like a jerk jerk. Right. And so people don't want to make that jerky decision. Like that's fine for the dumb people. But I'm smart, of course. And now, I'm here to tell you that my own dumb thing was trying to time the market, and it is a class, and by the way to classic traders mistake, also that they're the reason why I could make money as a traitor in the late eighties on the floor of the commodities exchange traded exhaust were there. Any other women there? Eight women eight hundred men really yeah. It was great. I was fun. I feel like you could hold your own. But was it fun? Or was it difficult to it was it was not fun in the moment. It was a fun place to have worked. The there is one one of the the classic scenes of my life. Is that I walked home my sister. And I lived in the same apartment building at the time. And I came home, we step dinner all the time together. And so I walked in. And she was where you're trading jacket home. It's disgusting. What you got ink all over you? And I said, oh, oh that's not Inc. It's blood, and she said blood, it's all over your jacket. What happened to you? I said, oh, these two guys were in the ring, and they got into a fight and one guy head, but another guy blood splur- splattered all over me. So I turned around, and I said NICKY, are you? Okay. And then someone said a half bid for a hundred. I turned my back, and I screamed sold a fire. The ring I don't even know what happened to those two guys. They could have got. From blood lots. All right. Let's get back to market time. Yes. Market timing. But it was your job as a traitor to timely. So I really learned about money and emotions the reasons that you make a lot of money in that day and age in on a trading floors at someone would say, you know, what is the price of this thing and at one week, right, right? You say silver. You know, I will buy it at ten cents. I would sell it at fifteen cents. And you could literally have someone say buy and sell them. They could basically have both sides of the transaction happen simultaneously. And you make that nickel in the moment. That's how you make money as a traitor you grab Nichols. And the problem that is market timing. Is you have to make to brilliant decisions. You have to decide when to sell and then went to buy back in or conversely the other way round, right? So when I was investment advisor used to write a column, and I was very hyper about the technology boom of the nineteen nineties, and at the end of the boom, I wrote an article about how I was going to unload a lot of my technology stocks. And I. Thought that it was dangerous market and thought it was a genius because guess what the market fell at a bed in two thousand the only problem is that I kept writing about how it's not time to get back in. You can't do it. You can't do it. You can't do it and someone very wisely. At the end of two thousand two wrote to me and said you've missed the entire recovery of the market or is two thousand three you've missed the first year of this recovery. And I said, you know, what you're right. I got huge Ed on my face was a great lesson. It is hard to time the market and actually it's not a good. It's not even a good way to accumulate wealth. Because if you stick with your game plan over time, you'll probably be just fine. But by trying to time when to get in and out, you could really hurt yourself. You could really blow up your financial plan. And so when people say, I just got my tax refund, and I'm scared to put money into my Roth IRA, and you're twenty eight years old. I wait a minute. You're investing for thirty years from now what if you're fifty eight years old if you're fifty eight years old, and you're invite. Testing for the next. Let's say ten years, you might say I'm gonna wanna take as much risk. Okay. You don't have to invest all in stocks. You could put some money in stocks and some money in bonds and some money and cash, but I would also say to you if you're fifty eight years old, and you're investing think about this. Let's say you plan to retire when you're sixty eight you're gonna probably live twenty more years, you're not investing up until the day you retire you are investing through your retirement. So the idea that you think you can time the market is nonsense. You're probably not. So you don't have to do it. And you know, what you don't even have to be a great investor to be hitting your retirement goals, your college savings goals, you really don't which had to do is be a disciplined saver. And I just heard from a woman so funny. She said to me on the worst the says, she starts the call. I'm the worst. Tell me about that. She's well, I'm a teacher in the South Bronx. And I've worked my whole life, and I have a pension, and I had some money in our school retirement account and just had tons of money in the Bank and just the worst. I I said you're put it on her savings. Yeah. Savings because I'm the worst. I said why is that the worst? I said, you know, the hardest part of financial planning is saving bright. And so yeah, I know you wish you were more efficient than you had actually put money away. But you're in great shape, girl. You know, you got your pension coming up. You got some money in your deferred compensation plan. And you know, what the four hundred grand that's in the Bank. You're not the worst. You pretty damn good. Jill Schlesinger, author of dumb things. Smart people do with their money. Thank you. And we're going to have you back soon to answer more personal finance questions, and you know, hopefully, hear more bloody awesome stories about the

Jill Schlesinger Bank Nicky Advisor Nichols South Bronx Fifty Eight Years Twenty Eight Years Sixty Percent Thirty Years Three Days Ten Years One Week
Jill Schlesinger, Business Analyst and CBS discussed on Wisconsin's Morning News with Gene Mueller

Wisconsin's Morning News with Gene Mueller

00:35 sec | 4 years ago

Jill Schlesinger, Business Analyst and CBS discussed on Wisconsin's Morning News with Gene Mueller

"Your money stock markets, sinking extending losses from Wall Street yesterday futures now showing another drop which saw major indexes tumble on Wednesday. Investigators were investors rather worried higher interest rates will dent company earnings CBS news business analyst, Jill Schlesinger. When interest rates brise investor. May say wait a second. I've made a lot of money in the stock market over the last few years. Maybe I'll take some of the money I made in the stock market and now put it into the bond market because I'm getting a higher interest rate. You European markets are all down today after Asia

Jill Schlesinger Business Analyst CBS Asia
Six more women accuse CBS CEO Leslie Moonves of sexual assault or harassment

Clark Howard

00:52 sec | 4 years ago

Six more women accuse CBS CEO Leslie Moonves of sexual assault or harassment

"Moonves says will resign as sexual misconduct allegations against him double to twelve CBS's. Jim taylor. More women are lining up to accuse the CEO of CBS of sexual harassment. CBS does say it's taking the new charges. Very seriously. Six additional women raising the salt claims against CBS chief executive Leslie Moonves report in the New Yorker where six women already made similar claims against him move as hold the New Yorker he had consensual relationships with three of the women CBS has been investigating the allegations. But CBS Jill Schlesinger says the do accusations raise even more question. What is the culture that has been allowed to metastasized for so long that allowed this to occur? And how are we going to address it? I think that's what shareholders wanna know what employees want to know. And that's what the public wants to

CBS Les Moonves Jim Taylor Pam Coulter Jill Schlesinger North County CEO Harassment Chief Executive
US, China invoke new tariffs, launching full-fledged trade war

Armstrong and Getty

02:51 min | 4 years ago

US, China invoke new tariffs, launching full-fledged trade war

"Cbs news on the hour sponsored by theraworx relief i'm deborah rodriguez the trump administration's kept its promise at a minute past midnight at enacted thirty four billion dollars worth of tariffs on chinese imports beijing immediately retaliated with levies on us goods business analyst jill schlesinger how will the us china tariffs actually impact consumers the answer is we don't know yet while the us chamber of commerce said the tariffs would place the cost of china's unfair trade practices squarely on the shoulders of american consumers manufacturers farmers and ranchers there's also the possibility that if wholesale prices rise those increases will not be passed on to consumers china is calling it the largest trade war in economic history asian stock markets closed higher s and p futures are down four scott pruitt is out at the epa but environmentalists still aren't satisfied live to washington and correspondent steven portnoy environmentalists are unhappy because pruitt's deputy andrew wheeler takes over on monday a former republican senate staffer and more recently a coal industry lobbyist wheeler was confirmed in april for the number two slot at epa he's expected to continue carrying out scott pruitt's mission of slashing environmental regulations in his resignation letter yesterday the scandal plagued pruitt pointed to unrelenting attacks that he said taking a sizable toll deborah a tie navy seal has died in the effort to rescue twelve boys and their soccer coach who've been stranded in a flooded cave for fourteen days reporters sophie lang from chiang rai is all with helping supply the voice paved with oxygen he was making very difficult five hour journey fact when he became unconscious gets a rush against time with cruise pumping water out of the cave others looking for alternate ways in torrential rains expected tomorrow a wildfires jumped i five at the california oregon border closing the freeway to traffic for one hundred twenty miles both ways cal fire suzy brady says one thousand people have been ordered out evacuation order has gone affects all all the way north to the border the jobs report for june comes out in an hour and a half with two hundred twenty three thousand jobs created in may and unemployment holding steady at three point eight percent economists mark hamrick says the amount were making is the achilles heel wage growth and this expansion has been the single most appointing aspect and most recently we saw that average hourly earnings had increased year over year two point seven percent that's well below where we would have thought we would have been with unemployment as low as it is elvis costello canceling the rest of his european tour he says he's undergone surgery for an aggressive form of cancer.

Beijing Elvis Costello Sophie Lang Soccer Senate Andrew Wheeler Steven Portnoy Washington Us Chamber Of Commerce Business Analyst Deborah Rodriguez CBS Mark Hamrick Suzy Brady California Oregon Border Chiang Rai EPA Scott Pruitt
Spy agency NSA triples collection of U.S. phone records: official report

02:07 min | 4 years ago

Spy agency NSA triples collection of U.S. phone records: official report

"Wpro friday saying the special counsel should not have unfettered power at a hearing in the fraud case involving former trump campaign manager paul manafort judge t s ellis accused muller of using criminal cases to pressure trump allies to turn against him cbs's major garrett during his address to the national rifle association convention in dallas the president came to the defense of indicted former campaign chairman paul manafort dow paul manafort's a nice guy but you know he worked for me perverse short period of time literally trump delighted the pro gun crowd by reading from an article give me that article summarizing federal judge t s elefsis sharp questioning of special counsel robert muller's indictments of manafort court friday hearing the third time manafort is trying to get the charges against him dismissed national security agencies use of cyber surveillance continues to grow the nsa collected five hundred thirty four million records of phone calls and texts sent by americans in two thousand seventeen and if it sounds like a lot it is in fact it's more than triple the records collected in two thousand sixteen why such an uptick report from the office of the director of national intelligence doesn't say a spokesman says in a statement the government hasn't changed methods when it comes to obtaining call detail records but that doesn't satisfy privacy advocates worry about further government overreach into the lives of us citizens they'll rakoff cbs news washington the latest employment report shows job growth last month of sixty four thousand and the one hundred sixty four thousand and the unemployment rate dropped two ticks to three point nine percent cbs jill schlesinger look at the last four months six months or one year and we're in good shape this year we're averaging two hundred thousand jobs a month and considering that we're this deep into a recovery that job number is pretty darn strong baseball season's second no hitter last night as the la dodgers beat the san diego padres four to nothing with four pitchers sharing the no hit honors the game played in monterrey mexico this is cbs news now the best time of year to wrap up insertive comfort wrapup in comfort today with certa icomfort find a retailer at cirta retailers dot com.

Fraud Cirta San Diego Baseball Jill Schlesinger Washington Chairman Dallas National Rifle Association CBS Wpro Monterrey Mexico La Dodgers Director Robert Muller Dow Paul Manafort President Trump Garrett
US-China trade rift could squeeze growth and hurt consumers

Rick and Bubba Show

00:54 sec | 5 years ago

US-China trade rift could squeeze growth and hurt consumers

"The dow and a couple of weeks investors sold stocks in great numbers worrying that tariffs and tough talk between the us and china will touch off a trade war cbs business analyst jill schlesinger the uncertainty is what's moving the market when you talk to big investors what they fear right now is that even if president trump and his team are using this kind of rhetoric just for negotiation that they may find themselves or stumble into a trade war inadvertently investment advisor michael barr says a trade war will hit american consumers where it hurts what we're doing is raising prices we import a lot from china and those prices are going to be going up white house press secretary sarah sanders said today that president trump will remain tough he says americans may have to suffer a little pain but that the country will come out stronger in the long run cbs news updates i'm gary nunn.

United States China Business Analyst Donald Trump Michael Barr Press Secretary Sarah Sanders Gary Nunn Jill Schlesinger President Trump Advisor White House CBS
"This can be a very mean-spirited town," Tillerson says in farewell speech that doesn't mention Trump

All News, Traffic and Weather

02:38 min | 5 years ago

"This can be a very mean-spirited town," Tillerson says in farewell speech that doesn't mention Trump

"In the low forties traffic and weather together coming up good afternoon i'm rod fritz wbz news president donald trump signed an order today that paves the way for imposing tariffs on as much as sixty billion dollars worth of chinese imports to punish beijing for what he said is the theft of american technology and the chinese pressure on us companies to hand it over china has already warned that it will take all necessary measures to defend itself raising the prospect of a trade war between the world's two biggest economies more reaction and the latest from cbs news update announcing the us will impose fifty billion dollars in tariffs against china president trump said a short time ago at the white house doing things for this country that should have been done for many many years we've had this abuse by many other countries mr trump explained the word that i wanna use this reciprocal when they charge twenty five percent for a car to go in and we charge two percent for their car to come into the united states that's not good he said these tariffs are response to china's theft of us technology business analyst jill schlesinger in retaliation it looks like the chinese government is set to really target some big us manufacturers of food specifically the chinese could impose tariffs on everything from soybeans to corn and that a very big export product for the us cbs news update i'm dave barrett more on this and reaction throughout the afternoon here on wbz meanwhile the house in washington is okay day one point three trillion dollars spending bill it will go onto the senate now defense was the big winner in this latest effort to keep the government open one of the greatest priorities here was to rebuild the military and this bill will provide the largest year every year increase in defense spending since world war two it'll be the largest increase for men and women in uniform in salary in the last ten years that's white house legislative affairs director marc short and moments ago former secretary of state rex tillerson bid farewell to state department employees in a brief speech tillerson credited employees for their commitment to their job and country and ask them for one thing in his absence thing i'd like to ask that of you undertake to ensure one act of kindness each day towards another person this can be a very mean spirited town.

Marc Short Director Analyst Mr Trump CBS President Trump Fritz Wbz Tillerson Donald Trump Senate Washington Dave Barrett Chinese Government Jill Schlesinger United States White House China
Bratz toy maker's CEO wants to salvage Toys "R" Us

Rick Jensen

01:04 min | 5 years ago

Bratz toy maker's CEO wants to salvage Toys "R" Us

"Be id badges will also be implementing a program with clare backpacks for all the students starting after spring break we are also going to funnel students and visitors to some confined points where we're actually gonna wind folks the ceo of the company that makes bratz doll says he and other investors pledged two hundred million dollars in an effort to save at least some of the toys r us chain the group plans a crowd funding effort to raise four times that amount business analyst jill schlesinger unlikely to be a hundred percent toys r us back online but maybe some portion of toys r us will be able to survive the plan is to bid for up to four hundred of the seven hundred forty toys r us stores that are due to shut down wall street right now the dow is down three hundred ninety nine points this is cbs news zoom video conferencing featuring video and audio clarity with screen sharing free accounts are available at zoom dot us that's zoom dot us zoom.

CEO Business Analyst Clare Jill Schlesinger CBS Two Hundred Million Dollars Hundred Percent
Martina Navratilova: John McEnroe was paid 10 times as much for Wimbledon commentary

Midday News Break

02:13 min | 5 years ago

Martina Navratilova: John McEnroe was paid 10 times as much for Wimbledon commentary

"Dealing with someone who's using trip wires shows a higher level of sophistication a higher level of skill three earlier devices were doorstep package bombs blamed for two deaths this woman who lives near what happened last night says people are on edge and taking precautions real situation now it's not you know oh don't touch any packages it played no seriously like if you see anything weird you know stressing it to your children students are back at class today at florida international university campus shaken up by last week's deadly pedestrian bridge collapse cbs's marc trestman in miami this is somber day but it's also a day that this university probably needs not forget of course what happened and never get completely beyond it but they they can move somewhat passive there will be a moment of silence today lawyers are filing the first lawsuit over the collapse clair's stores has filed for chapter eleven bankruptcy jewelry and accessories chain says it's confident it will emerge from that proceeding with stores intact and debt under control business analyst jill schlesinger players like toys r us is also a victim of putting together financial deals with private equity firms that saddle the company with debt bill rakoff has the results of new study that asked a key question of young people thirty three percent of recent high school graduates in the colorado state study report writing with an impaired driver at least once in the previous year in addition the survey shows that young adults are more likely to ride with a driver impaired by marijuana than a driver who was drunk over decades women fought for pay equity on the tennis court now some of those stars are in the broadcast booth nine times wimbledon champion martina navratilova says she makes about twenty one thousand dollars providing wimbledon commentary for the bbc so imagine her surprise when she found fellow commentator john mcenroe on the list of the broadcasters highest pay talent is getting at least ten times as much money the bbc insists mcenroe's on a different kind of contract playing a more central role to it's wimbledon and coverage navratilova says she's asking her agent to negotiate a bigger paycheck this time around the key barker cbs news london losses mounting on wall street the dow is down three hundred eighty seven points nasdaq is down.

CBS Marc Trestman Miami Clair Business Analyst Marijuana Martina Navratilova BBC John Mcenroe Florida International Universi Jill Schlesinger Colorado Tennis Twenty One Thousand Dollars Thirty Three Percent