As CNBC's personal finance correspondent and senior commodities correspondent, Sharon Epperson reports on personal finance for the network and also covers the global energy, metals and commodities markets from the floor of the New York Mercantile Exchange.
In addition to reporting for CNBC and CNBC.com, Epperson is a regular contributor on NBC's "Today" and Today.com and appears frequently on NBC Nightly News, MSNBC and NBC affiliates nationwide. She also frequently reports for Public Television's "Nightly Business Report," which is now produced by CNBC.
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.
Epperson's personal finance expertise has been featured in numerous publications, including USA Weekend, The Wall Street Journal, The Washington Post, The Boston Globe, Self, Essence, Ebony and Time, where she had covered business, culture, social issues and health as a correspondent prior to joining CNBC.
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.
Epperson 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.
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.
Regardless of the cause of current price levels, there are, incredibly, more losers in this situation than seems imaginable. Consumers, transportation companies, and the airlines are the easy ones to identify in this camp.
Well before Memorial Day weekend, U.S. motorists will spend more than $1.5-billion per day on gasoline. I still believe that world demand for crude is not exceeding supply, but maintain that paper demand for paper oil contracts is the primary culprit behind the surge.
Energy prices are flat. Gasoline prices have fallen. What country is the Labor Department talking about? Certainly not the U.S. or New York or Alaska or many other parts of the country where gasoline prices are near or have surpassed $4 a gallon.
Energy speculators are getting a bum rap. Instead of condemning them, they ought to be blessed, as impartial messengers of a greener future. That’s one key message in Goldman Sachs’s widely cited ‘Super Spike’ report issued Tuesday about oil prices very likely ramping to $150-200 per barrel, possibly by the time of the presidential elections.
Oil prices hit another new all-time high on the momentum ignited by two, very alarming words: Super Spike. In its latest report, Goldman Sachs predicted the possibility of oil reaching $150-$200 over the next 6-24 months. Remember, it was Goldman that ignited a firestorm in 2005 when Arjun Murti's team predicted oil would reach a then-outrageous...
Washington is on the warpath against high energy prices by going after excessive speculation in energy markets. Its latest efforts--closing the so-called ‘Enron loophole’ and just last week, siccing the Federal Trade Commission on energy markets--will either finally make a difference, or soon be exposed as another feckless, false promise to American consumers.
Is this a short-covering rally that's taken oil prices to another milestone over $120/barrel? Traders here on the NYMEX floor say it certainly feels like it. Traders and analysts will be sifting through Friday's open interest data to confirm whether pension funds were in fact largely responsible to $4 rally at the end of last week.
This is the last of three posts today from guest blogger Tom Kloza. Tom is Chief Oil Analyst at OPIS (Oil Price Information Service) and has his own blog. He has been writing about downstream oil markets since 1975 and was among the founders of OPIS over 25 years ago.
This is the second of three posts today from guest blogger Tom Kloza. Tom is Chief Oil Analyst at OPIS (Oil Price Information Service) and has his own blog. He has been writing about downstream oil markets since 1975 and was among the founders of OPIS over 25 years ago.