sharon, thank you very much. >> sure. >> that's sharon epperson.p next "on the money," a look at the news for the week ahead and are you looking for a new wine to bring in the new year? we've got some great options to enjoy before the ball drops. robinhood believes now is the time to do money. without the commission fees and account minimums. so, you can start investing wherever you are - even on the bus. download now and get your first stock on us. robinhood. >>> here are the stories coming up that may impact your money this week. monday is national bacon day treat yourself to a slice or two. on tuesday, we'll see how consumers are feeling with the consumer confidence report for december and it's also new year's eve as 2019 ends, happy new year, everybody. wednesday is january 1st, and of course, the markets will be closed for the new year day holiday. and then on thursday, we'll get a read on the economy with the manufacturing pmi. that's the purchasing managing index for december tomorrow marks the days that apple computer was incorporated back

r "nightly business report," i'm sharon epperson. >>> and before we go, final look at this shortened day on all street because of th holiday.the dow fell 36 points. nasdaq climbed 7 to close at its ninth straight record, first ti it's happened since 1998. the s&pff was a fraction today. that's "nightly business report" for tonight. i'm bill griffith. thank you so much for watching. have a great evening. wel see you tomorrow witeca l holiday edition of nbr. good night. made possible by... man: babbel, a language learning app that teaches real uses speech recognition technology. daily 10 to 15 minute lessons are voiced by native speakers and they are at babel. b-a-b-b-e-l.com. narrator: fundinro was alsoded by... the freeman foundation. by judy d peter blum-kovler foundation. ng solutions for america's neglected needs. and by contributions to this pbs station from viewers like you, thank you. woman: and now, bbc world news.

sharon epperson, always a pleasure to have you. >> my sure, my pleasure. >>> before we go, here's another look at the day's final numbers the dow fell 268 to 2783. the nasdaq down 97. and the s&p 500 slipped 27. and that is "nightly business report" tonight. i'm sue herera. thanks for watching. this is the time of year your public television stations seek your support. >> i'm bill griffeth and we thank you veror much f that support. have a great evening. se narrator: funding for this presentatiois made possible by... woman: babl, a langua app that teaches real life conversations in a new language, like spanish, french, german, italian and more. babbel's 10 to 15 minute lessons are available as an app or online. more information on babbel.com. narratorfunding was also provided by... the freeman foundation. by judy and peter blum-kovler foundation. pursuingions for america's neglected needs. and by contributions to this pbs station from viewers like you, thank you. womane and now, bbc world ws.

could decide which one. >> those are great options sharon, thank you. >> my pleasure. >> sharon epperson. >>> up next "on the money," a look at the news for the week ahead. >>> and author dave berry on life lessons you could learn from your dog. >> dogs have time always, always for whoever they are with. no matter what i wore, i worried someone might see my bladder leak underwear. so, i switched. to always discreet boutique. its shape-hugging threads smooth out the back. so it fits better than depend. and no one notices. always discreet. >>> here are the stories coming up that may impact your money this week. on monday the number of new homes that were sold for the month of november. on tuesday we will see how many durable goods, those are items intended to last three years, were sold last month tuesday is christmas eve markets will be closing early that day and of course they will be closed on wednesday for christmas day. merry christmas, everybody then we come back on thursday and it is kwanzaa. that is the week-long celebration of african heritage. on friday it is national fruitcake d

senior personal finance correspondent sharon epperson joins us with year-end tax tips.ood to see you. >> good to be mere frhere from washington. >> what's changed in 2019? >> three things to keep in mind. changes involve alimony. got divorced finalized in 2019, the person who is paying the alimony can no longer deduct that expense that is a change also, the medical expense deduction. the threshold you need to exceed in order to claim that deduction is 10% of your adjusted gross income unreimbursed medical expenses have to be above 10% of your ags. higher and aspects a lot of people and health insurance tax penalty. you no longer pay a penalty. that's eliminated. >> one of the biggest changes that happened in 2018 double of standard duction change in line for that to 2019? >> good news actually went up again a little. a couple hundred dollars for single filers now $12,200. married finaling jointly, $24,400. head of household over $18,000 keep in mind, that if you are trying to figure out whether or not you should take the standard deduction or itemize, there are a couple

. >> sharon epperson, as always. >> my pleasure. >>> finally tonight, auctions for the ages. the bat that babe ruth used to hit his .500 career home run was auctioned off over the weekend for mor than $1 million. the bat which ruth's autograph was given to a friend named jim rice, then mayor of suffrin, new yo. and a separate auction saw a pair of john lennon's sunglasses sell a forbout $183,000. or was put up f auction by the late musician's former chauffeur. it is unclear, though, who won that auction. >>> before we go, one more look at the day on wall another record day. the dow up to 28,000.round with the nasdaq up 79 and s&p 500 added 22. santa claus, the rally -- >> isomg to town. >> -- is under way right now. >> that's "nightly business report." i'm sue herera. anks for joining us. >> i'm bill griffith. see you tomorrow. for this preseation is made possible by... woman: babbel, a language app that teaches real life conversations in a new language, like spanish, french, german, italian and more. el's 10 to 15 minute lessons are available as an app or online. more inform

you're senior personal finance correspondent sharon epperson is here with tips on that how do they differe called challenger fings from ntech, financi technology start ups your tech companies. and the purpose of them is to low you to have easier access to banking with a branchless bank wh digital nks, get checking account savings accounts and then o mostthe time but you have to check on this they're partnerwood a federally insured fdic insured bank to assure thayou protection. but there are a number of companies doing this like chime that has 6.5 million accounts to so, a refinancing company for student loans but now also has sof. >>> money and t-mobile money and betterment. a lot of companies in the mix doing this. >> what arehe advantages if there are some for consumers? >> well they are lower cost because they may not have overdraffe , no minimum balance, may not be -- may be higher rates that you did rowe can get on loansnd there -- and your savings accs andou then may have greater access to credit because artificial techlogy making it easier to get more access. and then the specializ

bank joining us right now with more on this is our senior personal finance correspondent sharon eppersonn, hello. >> hello >> nice to see you in person >> good to see you in person too. >> let's talk about this new breed of banks, how do they work, how are they different from brick and mortar ones >> people may have heard google announcing it's going to have checking accounts coming up or apple's new credit card. a lot of fin tech companies, financial technology companies, they're innovative, they're into digital technology and they want to get into banking as well. and many banks are partnering with these fin tech companies to offer the services a lot of people want right away on their phones >> what are the benefits you get if you sign up for one of these new things >> there are many benefits and many different players in this market probably about 40. what they're calling challenger banks that are in the u.s. some of the bigger ones are ones like chime or betterment actually has a money app also. >> no branches with this this is strictly over your phone. >> no branches t-mobile is eve

sharon epperson is here with that. >> there are a few big changes this year. here's what you need to know. if you divorced in 2019, alimony payments can no longer be written off and unreimbursed medical expenses now must exceed 10% of your adjusted gross income to take the deduction if you don't have health insurance, the tax penalty has been eliminated. so the best way to cut your backs pill is to be proactive right now. here's what you need to do selling losing investments in your taxable accounts by december 31st will help offset capital gains in your portfolio. and if you have an overall net capital loss, you can use up to $3,000 of that loss to offset ordinary income and roll the rest over. small business owners can give themself a gift, buy the vehicle, furniture that you need and put it into service before december 31st. you could get a deduction of up to $1 million. and savers of course should match out their pretax 401 contributions. the 2019 max is $19,000 or $25,000 if you're 50 or older. and there are plenty for year-end tax tips. go to cnbc.com/yo

sharon epperson join us more on that story hi, sharon. >> hi, wilf.more than 173 million americans face financial hardship because of medical debt making the rising cost of health care a hot button issue on the 2020 campaign trail. >> there is two pieces to this everybody worries about. what is my premium and what's the deductable. >> tense of millions of american struggling to pay medical bills. >> 500,000 people go bankrupt because of medically related issues >> to pay the bills, many are turning to credit cards. according to compare cards.com, 33% of card holders are in debt because of medical bills and nearly 6 oh% said they used a card because they had no other way to pay if you are saddled with debt you need to take action. reach out to the doctor or hospital to see if they negotiate the charges. get on a payment plan which will break down the bill into affordable monthly installments. many hospitals let you spread this them out over a period of time and often won't charge as long as you make payments. if you have debt upon a high interest credi

. >> later this week i will talk to cnbc's sharon epperson about how she adapted to change in the blinkurvalue.com. knowyourvalue.com. ♪oh there's no place like home for the holidays.♪ ♪for the holidays you can't beat home sweet home.♪ we go the extra mile to bring your holidays home. tthe bad news? outhe perfect photo is not.d. depend® fit-flex underwear offers your best comfort and protection guaranteed. because, perfect or not, life's better when you're in it. be there with depend®. little things can be a big deal. psoriasis, that's why there's otezla. otezla is not a cream. it's a pill that treats plaque psoriasis differently. with otezla, 75% clearer skin is achievable. don't use if you're allergic to otezla. it may cause severe diarrhea, nausea, or vomiting. otezla is associated with... ...an increased risk of depression. tell your doctor if you have a history of depression or suicidal thoughts or if these feelings develop. some people taking otezla reported weight loss. your doctor should monitor your weight and may stop treatment. upper respiratory tract infection and headache m