Ray Brady, Longtime Money Reporter for CBS News, Dies at 94

Ray Brady, who coated business, economics and Wall Avenue for CBS television and radio for virtually 3 a long time, has died. He was 94.

Brady died in his slumber Tuesday in his Manhattan condominium right after a very long illness, the network announced.

Brady appeared routinely on the CBS Night Information, the place he delivered common “Money Crunch” segments that aided hard cash-strapped People in america get additional for their income in the 1990s.

For his work on the CBS Night Information With Dan Rather, he won an Emmy in 1982 for a sequence of studies about unemployed Individuals dealing with the recession and was honored by American University in 1998 for a two-section series, “Secrets of the IRS.”

On his retirement in 2000, then-CBS News president Andrew Heyward mentioned: “Ray’s deep knowledge of his area, his impressive perception of integrity, his legitimate desire in the men and women he fulfilled along the way and his unflagging enthusiasm for the future story make him a fantastic reporter. He was a pioneer who brought Wall Street home to Key Street with grace, humor and wisdom. The adult males and girls who protect the marketplaces today stand on his shoulders.”

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Born in Philadelphia on April 3, 1926, Brady served in the U.S. Navy for the duration of Earth War II and earned his bachelor’s degree in history from Fordham University in 1948.

He began his career as a police reporter for the Extended Department Each day Record in New Jersey, then worked for Forbes and Barron’s publications before serving as the editor of Dun’s Overview, a publication of Dun and Bradstreet, setting up in 1961.

In 1972, Brady joined CBS in New York at Newsradio 880 even though still at Dun’s Overview. He moved to WCBS-Television as organization editor in 1976 and was hired as a correspondent for the CBS Early morning Information a 12 months later on.

Brady also contributed to CBS Sunday Morning, claimed for the financial information web page MarketWatch and stepped in as interim host of PBS’ Wall Avenue 7 days in the summer of 2000.

Brady was an avid equestrian who participated in foxhunts in New Jersey and Eire and wrote about his encounters in The New York Situations and elsewhere.

Survivors include his stepchildren David and Nicki, three granddaughters and two terrific-granddaughters. Donations in his memory can be made to St. Benedict’s Preparatory School, 520 Dr. Martin Luther King Jr. Blvd., Newark, NJ 07102.

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