Award-winning CNN Senior Correspondent Allan Chernoff is one of the nation's trailblazing journalists specializing in personal finance and business affairs.
Chernoff appears on CNN, CNN International, HLN and CNN Radio and writes for MONEY.COM and CNN.COM. He frequently serves as CNN's economic and personal finance analyst. For more than two decades, Chernoff has helped viewers, listeners and readers understand economic swings, the ups and downs of the stock, bond and commodity markets and how to best manage their personal finances. Prior to the recent financial crisis, Chernoff reported extensively on the looming mortgage meltdown, the implications it could have, and how homeowners could best brace themselves.
Among his many CNN exclusives, Chernoff has exposed serious safety gaps in the airline industry; fraud in the healthcare system; and ecological damage caused by ethanol production. As part of his extensive coverage of the oil spill in the Gulf of Mexico, he revealed the fact that oil rig blowout preventers, used as a fail-safe by the oil drilling industry, had a history of failure before the BP disaster.
Chernoff was the first to report that insurance companies were refusing to compensate homeowners victimized by Hurricane Katrina, which led to multiple lawsuits against the industry. He broke news of the insider trading guilty plea of former ImClone CEO Sam Waksal; SEC fraud charges against WorldCom; the plan to dissolve accounting firm Arthur Anderson; and details of the global settlement between tobacco companies and the states. He has covered every major business scandal since the 1980s, from Milken to Martha to Madoff.
Chernoff was a founding journalist of Financial News Network (FNN), television's first network devoted to finance and business and was FNN's first New York Correspondent.
Prior to joining CNN in 2000, he reported for CNBC and NBC programs, including the weekend editions of NBC Nightly News and Today, as well as for MSNBC and WNBC. He reported on international, political and economic affairs from Japan, Russia, Germany, Israel, Mexico and Canada. At CNBC, Chernoff created and presented the network's "Managing Your Money" segments and later rose to become CNBC's first Senior Correspondent.
Among his honors, Chernoff is a six-time winner of best reporting awards from the Society of Professional Journalists' New York chapter, Deadline Club. He has won two National Headliner Awards; two New York Festival Awards; and a Prism Award. Chernoff's reporting contributed to a CNN DuPont Award and his coverage of the Gulf oil spill, Hurricane Katrina and analysis of economic issues in the 2008 presidential campaign were each part of CNN's Peabody Award-winning efforts. His work has also been honored by the Sidney Hillman Foundation and the University of Maryland.
He has written on business, foreign affairs, travel and sports for The New York Times, The Wall Street Journal, Financial Times, Los Angeles Times, as well as other publications.
Chernoff is a graduate of Brown University and earned an Executive Certificate in Financial Planning from Fordham University.
He sits on the board of the Deadline Club, is a career advisor for Brown University, and was an interviewer for the Survivors of the Shoah Visual History Project and a board member and Secretary of the New York Financial Writers Association.