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UBS
UBS is based in Zurich, Switzerland.
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UBS
UBS is cutting jobs.
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Market crash 2008
Traders work on the floor of the New York Stock Exchange in New York on November 25, 2008.
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This is a photo of a US $100 bill with a red arrow pointing downwards in front of it.
The stock market could continue to tumble in the face of rising inflation and a recession.
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Happy Saturday, folks. I'm Phil Rosen, it's good to see you today.

As we've talked about all week, there's a looming debt-ceiling deadline right around the corner, and unless lawmakers get their act together, financial markets could soon be in for a world of pain.

Today I'm eager to share my conversation with a top personal finance and economy expert from Bankrate.