Today you are here to discuss a racial disparity few people talk about. What is it? We have covered a number of different forms of economic and financial racial disparities on Money Monday, but unfortunately we have not discussed them all, as a new study makes clear. A new report from the Equality of Opportunity […]
You are joining us with more news following the recent tax bill. What has happened now? Last week, the Treasury Department released new guidance and withholding tables for employers that will directly impact how much your employer withholds from your paycheck for taxes. Under those new tables, the Treasury estimates that 90% of people who […]
The holiday season is fast approaching. But a major retailer, Toys R Us, is struggling. Why? It has been a tough road for this company. They have been in a vicious financial cycle since they were acquired by investors twelve years ago for $6.6 billion. The purchase was a leveraged buyout, meaning the investors took […]
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 […]
Tom: This morning we have a bit of a serious topic: estate planning. Mellody: Obviously, no one likes to think about their own mortality, but I don’t see this as a dark topic. Rather than taking the negative view of this, you should consider all of the positive outcomes of that task, such as ensuring […]
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 out, and parents and graduates are starting to take a hard look at schools, and an even harder look at their ability to pay for college. And it deserves […]
Tom: Good morning, Mellody! Mellody is president of Ariel Investments, a Chicago-based money management firm that serves individual investors and retirement plans through its…
Tom: Good morning, Mellody! 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 separate accounts. Additionally, she is a regular financial contributor and analyst for CBS News. Mellody: Good morning, Tom. Tom: You are digging into the differences between men […]
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 separate accounts. Additionally, she is a regular financial contributor and analyst for CBS News. TOM: Good morning Mellody. MELLODY: Good morning, Tom! Tom: What do you have for us today, […]
