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. Skip: There were some jitters on the markets last week. You are here this morning to help […]

National News, News

DETROIT (AP) — The formalities may be over for Detroit, which officially exits bankruptcy after midnight Wednesday and shrugs off the yoke of state receivership. But efforts to make the Motor City livable for residents and appealing to businesses will likely have to last for years to come. “The reality is tomorrow’s not any different […]

  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 on tap for us […]

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…

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. For iPhone:   TOM: Good morning Mellody. You come bearing more good news this morning?   MELLODY: I […]

Mellody Hobson 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. For iPhone:   TOM: Good morning, Mellody! MELLODY: Good morning, Tom! TOM: This morning we are […]

For iPhone:   TOM: Good Morning, Mellody. MELLODY: Good Morning, Tom!  TOM: An important topic this morning – reading the fine print. What caused you to want to talk about this?  MELLODY: This past week there were articles on the Huffington Post and in the New York Times discussing the new trend of companies putting […]

Entertainment

He may be knucklehead in his personal life, but in the ring and at the sports betting table is pure MONEY. Like they say, give the devil credit for living in Hell. The bottom line is Floyd Mayweather Jr. knows HOW to make money. This past Sunday he did it again in ‘Vegas, thanks to […]

  For iPhone:   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: You are joining us today with another round of seasonal tips.  MELLODY: That’s […]

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: This morning we are talking about the changing face of America’s labor force. This past week was […]

National News

LOS ANGELES (AP) — The penalty for using an ATM that is not affiliated with your bank went up 5 percent over the past year. The average fee for using an out-of-network ATM climbed to a new high of $4.35 per transaction, according to a survey released Monday by Bankrate.com. Overdraft fees also surged, rising […]

National News

NEW YORK (AP) — Shares of Home Depot sank before the opening bell Tuesday after confirming that its payment systems had been hacked, potentially exposing millions of shoppers who used credit and debit cards at its more than 2,000 U.S. and Canadian stores. The breach could turn out to be one of the biggest in […]