Money
YOU JOIN US THIS MORNING WITH AN UPDATE ON THE ONGOING TRADE WARS. WHAT IS THE LATEST? Last month, President Trump imposed a 10% tariff on an additional $200 billion of imports from China. Those tariffs went into effect on last Monday, and will rise to 25% in January. With this move, the Trump administration […]
Segment Q&A: Lessons (Hopefully) Learned 10 Years after the Financial Crisis Background: September 15th, 2018 marked the 10 year anniversary of the bankruptcy of storied Wall Street firm Lehman Brothers which set off the chain of events that we’ve come to refer to as the Financial Crisis. While the economy at large has mostly recovered, […]
Actress Kim Coles sits down with author, entrepreneur and financial expert Dr. Bill Pickard to discuss tips on meeting one’s financial goals in this panel presented by AARP during the 2018 Allstate Tom Joyner Family Reunion. CLICK OVER FOR PART 2
Why do we need to pay more attention to childcare these days? According to a new study by Care.com, the cost of childcare has gone up for the fifth year in a row. In fact, a division of real estate site Zillow analyzed the study and found that at $1,385 a month, the average cost of child care in […]
People have been buzzing since news broke that Aretha Franklin left her $80 million estate without a will. Financial expert, Rob Wilson says she’s not the only one, Prince, James Brown, Tupac, and Martin Luther King, didn’t leave wills either. Financial expert Rob Wilson says the main reasons people don’t leave a will is “procrastination” […]
TODAY WE ARE TALKING ABOUT OUR OLD RETIREMENT ACCOUNTS. WHY? As you may have heard, the labor market is very tight. This means we are likely to see increased churn in the labor market as people try to take advantage of the fact that the negotiating power currently rests with workers, not employers. As people […]
THIS MORNING YOU JOIN US WITH A TOPIC YOU KNOW WELL: THE STOCK MARKET. WHAT HAS PIQUED YOUR INTEREST THIS WEEK? We are the verge of a record. The U.S. stock market could soon lay claim to being in the longest bull run in modern history. Barring a 20% market correction in the next 72 […]
LAST WEEK WE TALKED ABOUT THE WAGE GAP. TODAY WE ARE TALKING ABOUT THE LEADERSHIP GAP? Last week, one of the iconic women of corporate America – Indra Nooyi – announced she was stepping down as CEO of PepsiCo after 12 years at the helm. As a result, the number of female CEOs fell again, […]
WHAT IS EQUAL PAY DAY? There is a pay gap between men and women in this country. The average American woman makes about 80 cents on the dollar compared to the average American man. But when you take race into account, this wage gap widens considerably. To illustrate this, the Equal Pay Today campaign has […]
Today we are talking about the economy? The numbers looked good last quarter. What is driving it? The economy certainly seems to be in high gear at the moment. On Friday, the Commerce Department reported that gross domestic product – a figure that measures goods and services produced in the economy – grew 4.1 percent in […]
When it comes to millennials and money, there’s good news and bad news. Good news: The 75 million millennials born between 1981 and 1997 are collectively set to inherit over $30 trillion in wealth from their parents. Bad News: Those that will treated their mothers well and will actually inherit something, probably won’t get it […]
People all over the country are struggling with a serious dilemma: They’re trying to get out from underneath a mountain of consumer debt, which just hit a total of $13 Trillion in the US at the end of 2017. Simultaneously, they’re woefully behind in planning for retirement as nearly half of Americans have less than […]
