How American consumers will be affected: most mortgages and credit card interest rates are tied to U.S. Treasuries. That means higher mortgage payments and credit card bills.
CBS MoneyWatch editor-at-large Jill Schlesinger explains how your personal finance is affected by the hopeful jobs numbers and depressing market conditions
Author Don Peck examines how the Great Recession has affected individual Americans financially and psychologically, and discusses what impact those changes will have on American society overall.
Republican and Democratic lawmakers are expected to vote today on the tentative deal to raise the debt ceiling. But it's unclear what, if any, of the budget solution will come from taxes.
It's easy to panic in these shaky economic times, but two financial experts give their advice on how to maintain perspective and control over yourself and your money.
Even people in the magical realm have tightened their belts since the Great Recession. The Tooth Fairy has been paying children less money for their baby teeth.
