WHY IS MILLENNIAL DEBT ON YOUR MIND? Last week, Northwestern Mutual released a report showing that young Americans – particularly millennials – are carrying significantly levels of debt. The data shows many young people have financial burdens that their parents and grandparents did not have, and it is likely to have profound implications for their […]

The woman who posted R. Kelly’s bond is asking the court for a refund since it doesn’t look like he’s getting our of jail at all. But, the judge doesn’t want to give her a refund, so naturally she’s upset. She may have to just chalk it up to being a $100,000 lesson.

Life & Style

BACKGROUND: The unemployment rate for all Americans is near historic lows at 3.7% and the unemployment rate for African-Americans is currently at 5.5%, the lowest level ever recorded in our country’s history. With so many people working, the advantage should be with the worker in the current job market. Yet, wages are up only 3% in the […]

News

WASHINGTON (AP) — The U.S. Department of Housing and Urban Development’s independent watchdog on Thursday cleared Secretary Ben Carson of any misconduct in connection with the order of a $31,000 dining room set for his office suite. HUD’s Office of Inspector General launched a probe last year into allegations that Carson violated federal law by […]

Life & Style

73% of American home owners are planning to do renovations on their home this year. HGTV star and real estate expert Egypt Sherrod gave us some advice on which projects they should tackle first common misconceptions, and more. 1. Plan for the unexpected (mentally and financially!) No matter how well you plan, every homeowner will […]

We heard a lot of talk about bad economic news last week.   “Recession” seemed like the word of the week last week. And it can be a word that causes people a lot of anxiety. This morning, I want to make sure our listeners understand what is going on in the economy, and how to […]

News broke that the Queen of Soul left behind close to $1 million in un-cashed checks. Tom for one was not surprised to hear this news. Sybil felt like someone should have made sure that she cashed her checks but Tom brought up a good point, who’s going to tell the Queen what to do?

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NEW YORK (AP) — The divide between retail winners and losers is widening. That became even more evident Wednesday with the latest batch of earnings reports: Big-box stores and off-price retailers have been responding faster to shoppers’ increasing shift online with expanded deliveries and better merchandise. But many mall-based clothing chains and department stores continue […]

News

FORT LAUDERDALE, Fla. (AP) — The will that Jeffrey Epstein signed just two days before his jailhouse suicide puts more than $577 million in assets into a trust fund that could make it more difficult for his dozens of accusers to collect damages. Estate lawyers and other experts say prying open the trust and dividing […]

This morning we’re talking about the recent turbulence in the markets. What have we seen lately? There is no denying that the markets have been choppy in recent weeks. After a very strong period at the beginning of the summer, the NASDAQ fell by 3.75% in the past two weeks, while the Dow Jones shed […]

THIS MORNING WE ARE ONCE AGAIN FOCUSED ON THE US-CHINA TRADE TENSIONS THEIR RIPPLE EFFECTS. WHAT IS THE LATEST OUT OF WASHINGTON? More shots were fired in the trade war last week. On Thursday, President Trump took to Twitter to announce that he intends to impose a 10 percent tariff on the remaining $300 billion […]

Life & Style

A few years ago, my best friend said something that really stuck with me. The gist was this: It doesn’t matter whether you make $25,000 or $100,000 a year — you’ll still feel like you don’t have enough money. That’s easy for someone making $100,000 to say, I thought at the time. But here’s the […]