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:Â 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: IÂ am, Tom. One of the huge stories that has emerged…
Tom: This morning we have a bit of a serious topic: estate planning. Mellody:Â 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 gone…
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 Mossack…
Tom: Tax day is just around the corner. Do you have tips for those who have procrastinated? Mellody: The annual late tax talk. Of course…
Tom: This morning we have another topic that listeners had a number of questions about: Social security. Are you ready to help us out? Mellody: I most…
Tom: We have a great topic this morning – how to take care of your old 401k accounts. Mellody:  This is a very important topic,…
