As CNBC's senior personal finance correspondent, Sharon Epperson covers the many facets of how people manage, grow and protect their money. Her expertise includes saving and investing for retirement, paying for college, managing mortgage, student loan, credit card and other debt, and building a financial legacy through estate planning.
Epperson was named one of the "Best Personal Finance Experts of 2014." In addition to reporting for CNBC and CNBC.com, she appears regularly on the syndicated program On the Money and Public Television's Nightly Business Report. Both shows are produced by CNBC. Epperson is also a regular contributor on NBC's Today, NBC Nightly News, MSNBC and NBC affiliates nationwide.
Her book, The Big Payoff: 8 Steps Couples Can Take to Make the Most of Their Money-and Live Richly Ever After, was a finalist for the Books for a Better Life Awards, honoring works that have "changed the lives of millions." She also was a contributing writer for The Experts' Guide to Doing Things Faster.
Her personal finance expertise has been featured in numerous publications, including The Wall Street Journal, The Washington Post, The Boston Globe, USA Weekend, Self, Essence, Ebony and TIME, where she had covered business, culture, social issues and health as a correspondent prior to joining CNBC.
She is the winner of the Alliance for Women in Media's 2014 Gracie Award for Outstanding Online Host for her "Financial Advisor Playbook" video series on CNBC.com. She has received the Vanguard Award for her distinguished career in business and personal finance reporting from the National Urban League Guild, and the All-Star Award from the Association of Women in Communications. She also has won awards from the New York Festivals, the New York Association of Black Journalists and the National Association of Black Journalists.
She is committed to improving financial literacy, particularly in underserved communities. She has been invited to the White House to speak about financial literacy and to moderate a public meeting of the President's Advisory Council on Financial Capability at the U.S. Treasury Department. She also speaks frequently at conferences and events for local and national organizations, colleges and universities about many facets of personal finance.
An adjunct professor at Columbia University's School of International Public Affairs for more than a decade, Epperson enjoys teaching the importance of budgeting and building long-term savings as part of her course on professional development for graduate students interested in media careers.
Epperson received her bachelor's in sociology and government from Harvard University and a master's of international affairs degree from Columbia University. A Pittsburgh native, Epperson lives with her husband and two children in Westchester County, N.Y.
Energy traders' fears are rising right along with the flood levels along the Mississippi River.
It has been the silver bullet for many investors, the best performing commodity so far this year. Now it's taking a breather. The reason behind the stunningly rapid rise in silver prices in the last few months — the frenzy of speculative interest — may be the main reason for the metal's recent decline.
The same investors that turned silver red hot are now being blamed for its decline. They are short-term traders who helped drive the nearly 30% parabolic price climb in silver futures in the past month and analysts say they were behind its dramatic fall Sunday and Monday.
"One of the things Boomers have to do is own the trade. If energy is more expensive, they probably should have a larger portion of that in their portfolio. If they're concerned about food being more expensive, the same," says one portfolio manager.
Some OPEC members may see oil prices peaking at $120 a barrel but in some parts of the U.S., oil prices are already at that level or higher. The Iraqi Oil Minister said Monday that $120 oil is an "acceptable price" that will not hinder global growth. But many analysts disagree, saying $120 is the breaking point for consumers, putting a halt to the economic recovery.
About 40 percent of female Baby Boomers are divorced, widowed or never married, according to AARP. That's why financial planners say it's more important than ever for women to take control of their money, whether or not they are currently married.