In this edition of Money Mondays, Mellody Hobson covers the latest news surrounding student loans. What’s the latest in the student loan front? Just over a week ago, Secretary of Education Betsy DeVos, rescinded some Obama-era memos aimed at reforming the way student loan borrowers interact with their servicing agents, the companies charged with collecting […]

We are talking retirement again this week, but from a different perspective. This morning, you are here to give us some tips for retiring single. Why? There are simply more people facing retirement without a spouse – either by choice, or because they are divorced or widowed. In 2015, for the first time in the […]

  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 […]

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

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

  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…

  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.…

Tom: Today we are talking about some very interesting survey findings – from the Ariel investments Black Investor Survey 2015. Mellody: That’s right! And all…

  Tom:  Good morning, Mellody! You are joining us this morning with some reminders for our taxes.  Mellody: I am, Tom. I know it is not…

Tom: Today we are talking about market volatility, correct?  Mellody: Yes we are! Since December, the stock market has experienced a period of volatility that has been unsettling…