Tom: Good morning, Mellody! Mellody: Good morning, Tom! Tom: This morning for Money Monday you are going to give us a heads up on some changes that were caused by the recent budget deal which Congress passed and the President signed last month. Mellody: I am, Tom. While the country happily avoided brinksmanship and another government […]
Tom: Happy New Year! You are here to talk about some suggestions for resolutions for 2016 that will improve our money management. Mellody: You’ve got it, Tom. Today I have three tips for our listeners, and if you stick with these, 2016 will be a year of improving finances. Tom: That sounds great! Give […]
What are some year-end financials tips? MELLODY: The end of the year is always a busy time with all of the planning for the season, the holiday celebrations, and of course running to the mall – or hopping online – for those last-minute gifts. But in the midst of all of this, it is always good […]
Tom: You join us this morning with a very interesting topic today – the unbanked. Mellody: It is an interesting subject, tom, even if it sounds strange. Currently, surveys show that more than 7 percent of households representing some 25 million adults – or roughly 1 in 10 American adults – do not have access to […]
Tom: What’s expected for the retail sector during this holiday shopping season? Mellody: That is the big question, Tom. Overall, the retail sector has had a tough fall, with sluggish sales numbers emerging in recent months, and inventories building up as a result. But, people have already been shopping and are expected to spend more than […]
Skip: Hello, Mellody! Mellody: Good morning, Skip! Skip: Today is our final segment in our retirement series! Mellody: It is. In the previous 3 weeks we have looked at how millennials and Gen X are doing when it comes to preparing for retirement. We also talked about the President’s new program – myRA – that […]
Tom: Good morning, Mellody Hobson! Mellody: Good morning! We are talking about retirement again today and this time we are focusing on Generation X. Generation X is made up of those of us who were born between 1965 and 1978. At this point, this generation is in the prime of their careers, and probably earning […]
Tom: Today we are continuing our series on retirement, but we have a new development. Mellody: We do have a new development on the retirement landscape, as of last week! On November 4, the Department of Treasury announced that they would be rolling out the new MyRA program to the entire population that is eligible to […]
Tom: Today we are going to start a short series for Money Mondays focusing on the retirement landscape for different age groups. Mellody: That is correct, Tom. This month has seen a number of stories emerge about how retirement is changing for many Americans. Whether it is Social Security’s cost of living adjustment, or recent reports […]
Tom: A very interesting topic today: we are talking about the changing profile of America’s Black consumers. Mellody: We certainly are, Tom! Nielsen recently released a report on the growing influence of Black households in the United States, and the results are really quite stunning. Across a broad range of topics, Black Americans are making […]
Tom: This morning, we are talking debt ceiling, correct? Mellody: We are, Tom. It may seem like déjà vu all over again, but the debt-ceiling squeeze is back. Treasury secretary Jack Lew has said that the debt ceiling needs to be raised in two weeks, by November 3. As you know, the last few times that […]
Tom: You are joining us this morning to talk about Volkswagen? Mellody: That is right, Tom! I figured with the size of this recent recall, and the size of your audience, we are bound to have some people impacted by this story, and by other recalls that will inevitably pop up from other companies. But […]