What is multigenerational living and how does it impact us financially? When we hear the term multigenerational living, all it means is more than one generation of adults in a family living under one roof. Now, as everyone gets ready to celebrate the Fourth with friends and family, some of our listeners might think to […]
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 […]
Mellody Hobson 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 accounts. Additionally, she is a regular financial contributor and analyst for CBS news and CBS.com. Skip: You are joining us this morning to talk about credit card debt, correct? […]
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 are here this morning to talk about the growth of freelancing, correct? Mellody: I am, Tom. One of the huge stories that has emerged…
Tom: This morning we have a bit of a serious topic: estate planning. Mellody: Obviously, no one likes to think about their own mortality, but I…
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…
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…
