Gaby talks to a compulsive buyer to understand the real motivations for over-shopping. April Benson, one of the leading psychologists who helps compulsive buyers, introduces us to the emotional and psychological reasons for shopping. And to get a personal look at it, Avis Cardella, author of "Spent: Memoirs of a Shopping Addict," talks about her own experience and motivation for compulsive buying. Finally, because our culture seems so addicted to shopping, Lan Nguyen Chaplin gives us some insight into where that comes from: spoiler alert, we learn it as children.
TW: One of the guests in this episode refers to "the two genders."
The renewed volatility on Wall Street has many wondering whether the worst of the pullback is over, or if tough times are just beginning. In this week's podcast, the MoneyBeat crew dissects the big moves in stocks, bonds and oil and offers predictions for what's in store for the rest of the year.
Stephen Wilmot joins Miriam Gottfried and Ken Brown from London to discuss how Tesla and BMW may be the U.S. car industry's unlikely patriots. Then, Aaron Back talks about why big banks have emerged as the biggest winners in the credit-card rewards arms race.