Teresa Ghilarducci, "Rescuing Retirement" author
Preparing for retirement is increasingly a do-it-yourself project. With just 13 percent of private employers providing pensions, amidst questions about Social Security's future, Americans are increasingly dependent on their employer's 401(k) plans. But 40% of workers have less than $10K in these accounts and not everyone has access to one. Economist Theresa Ghilarducci says she has a bipartisan, public-private solution.
Detroit Auto Show
Phil Lebeau, Reporter
As U.S. automakers continue breaking annual sales records, the big question at this year's Detroit Auto Show is where will new vehicles be made? President-elect Donald Trump wants more of those jobs created in the U.S., not overseas. Since then, Fiat Chrysler announced plans to invest $1B in Michigan and Ohio plants. And Ford cancelled plans to shift some SUV production to Mexico. With new vehicles in high demand, Phil LeBeau shows us some of the latest models.
Lars Petersson, IKEA US President
Since starting in Sweden in 1943, IKEA has sold tables, bookshelves, sofas and more that you put together yourself. With 43 stores and more than 13,000 employees in the U.S., IKEA is bringing some of Scandinavia's generous social model here. After working at IKEA for just a year, all employees are now eligible for 3 months paid parental leave and 4 months if you've worked for IKEA 3+ years. We ask IKEA US President Lars Petersson what's next for the world's largest furniture retailer.
Closing The Gap
Sallie Krawcheck, Ellevest CEO & co-founder
While women control 80 percent of consumer spending and comprise more than half the workforce, the world of investing is still male-dominated. About 86% of financial advisors are men. Former Wall Street executive and entrepreneur Sallie Krawcheck has a new book called "Own It: The Power of Women at Work." She explains why women don't have to act like men to advance in the work place, and her take on the gender investing gap.
Mobile Travel Agent
Paul English, Lola co-founder and CEO
Travel agent jobs have vanished since websites like Expedia, Kayak and Priceline have let you plan and book your own trip. But Kayak's co-founder created a new travel app that uses real, live travel agents to do the work. Lola is a messaging app and personal travel service that books hotels, flights through its mobile text service. We ask Lola co-founder and CEO Paul English how it works and if the cost is worth the time saved.
Next Week: We welcome a new president. What will the next four years mean for your money?