Today’s Money Mondays segment focuses on interest rates. The Federal Reserve’s Federal Open Market Committee will meet this week, and most of the people that follow it believe that the Committee will raise interest rates. This is something we have been expecting for some time, but it looks more certain now with unemployment falling […]

What is new in the auto loan industry that we need to know about? Mellody: You may have already heard that the auto industry is booming. Last year, auto sales broke records. And in november, U.S. auto sales rose 3.7% compared with a year ago. Wage growth, consumer confidence, and cheap gas have all contributed […]

The biggest names in entertainment, business and politics gathered together in Washington D.C. to honor Black excellence at the 2016 BET Honors.

  Tom: Good morning, Mellody! Mellody: Good morning, Tom! Tom: This morning for Money Monday you are going to give us a heads up on some…

What are some year-end financials tips? MELLODY: The end of the year is always a busy time with all of the planning for the season, the…

Tom: You join us this morning with a very interesting topic today – the unbanked. Mellody: It is an interesting subject, tom, even if it sounds…

Tom: What’s expected for the retail sector during this holiday shopping season? Mellody: That is the big question, Tom. Overall, the retail sector has had a…

Skip: Hello, Mellody! Mellody: Good morning, Skip!  Skip: Today is our final segment in our retirement series!  Mellody: It is. In the previous 3 weeks…

Tom: Good morning, Mellody Hobson! Mellody: Good morning! We are talking about retirement again today and this time we are focusing on Generation X. Generation…

Mellody is president of Ariel investments, a Chicago-based money management firm that serves individual investors and retirement plans through its no-load mutual funds and separate…

Tom: Today we are going to start a short series for Money Mondays focusing on the retirement landscape for different age groups. Mellody: That is correct,…

This is the perfect response to the backlash the new Star Wars film has received for having a black actor in one of the leading roles.