What do we need to know about the shocking development of Britain leaving the European Union? Mellody: This is a historic event and it will have broad economic and political consequences in the UK, Europe and here in the United States. First, a little background on the subject. To deal with political pressures ahead of […]

How are race and spending habits linked? We have heard a lot in recent years about economic inequality, but most, if not all, of the discussion has focused on income inequality. However, a new study out of Duke University, and highlighted in the Atlantic, points to another way economic inequality persists between white and Black […]

How are new home loan trends are impacting communities of color? It is a very important trend and one that we need to keep our eyes on. In the wake of the housing bubble, regulators moved to rein in subprime lending, the type of lending that led to the housing crisis. As a result, we […]

Today’s Money Mondays topic is crowdfunding. Why? Mellody:  As of last week, new rules rolled out by the Securities and Exchange commission will permit anyone, not just the well-heeled, to risk their own money investing in small companies in exchange for a stake in the business. Essentially, it allows anyone to act as a venture […]

  Tom: You have a great topic for us today: Paying for college. Mellody: It is that time of year, Tom. College acceptance letters have…

  Tom: Let’s start with the basics: what are the Panama Papers? Mellody: They are 11.5 million internal files from a Panamanian law firm called…

  Tom: Tax day is just around the corner. Do you have tips for those who have procrastinated? Mellody: The annual late tax talk. Of…

Tom: We have a great topic this morning – how to take care of your old 401k accounts. Mellody:  This is a very important topic,…

Tom: This morning you join us to talk about overdraft charges. Mellody: I do, because this is a very big issue many people are confronted with every…

  Tom: Today you’re giving us an update on the state of Black entrepreneurship. Mellody: I decided that a good way to close out Black History…

Tom: The topic this morning is inequality in credit scores. Tell us about it. Mellody: Well, Tom, it turns out that pay is not the…

  Tom: Hi, Mellody! Mellody: Good morning, Tom! Tom: This morning you join us to talk about tax time saving, and a campaign to promote savings.…