Why we are talking about the housing recovery. The broader housing market has been on fire lately. We have seen housing prices in cities across the country rise very rapidly, and in many cases, this trend has made housing unaffordable. Construction has not been able to keep up with demand for houses in numerous zip […]
So, how’s the economy doing these days? Our latest peek at the state of the U.S. economy came out on Friday, and Commerce Department numbers show the economy expanded at a rate of 2.6 percent in the second quarter of the year. That is a big improvement over the 1.2 percent rate of growth we […]
How is the American consumer doing? Because the American consumer is one of the most important components of the American economy. You have heard me say many times on this show that consumer spending is responsible for 70 percent of GDP. (Gross Domestic Product). Where the American consumers go, the economy tends to follow. […]
Financial expert Jini Thornton wants to see people living their best money life. So she’s open to helping people get better informed about their finances. This week, she answers listener questions about car buying, bankruptcy, and more. Listen below: Follow The Willie Moore Jr. Show on Facebook and Follow Us on Twitter!
Financial literacy is so important. What is the current thinking about it? There is some bad news, and there is some good news. The bad news is that the emphasis on financial literacy has been significantly lacking in this country, and we can see the results in testing. On the positive side of the ledger, […]
A new study is out that will give parents of college students another thing to think about. What does it say? If parents of college students, or college-bound students, did not have enough to think about financially – be it paying tuition or dealing with student loans– a new study from Nerdwallet found that college […]
The National Urban League has been releasing its annual report, The State of Black America, for 41 years; it’s an amalgamation of data which quantifiably measures African American (and now Hispanic) progress in six key areas: economics, employment, education, health, housing, and criminal justice.
A new study shows women are better at saving for retirement than men. That’s right. A new study of Fidelity Investments client data found that women earned 0.4 percent higher returns and save a higher percentage of their paychecks than men do, at that is true at every salary level. According to the data, women save 9 percent […]
Why is it that auto loans may be harder to come by? In recent weeks, a number of prominent lenders, from JP Morgan Chase, to Ally Bank, to Wells Fargo, have announced their auto loan originations have dropped sharply. At Wells Fargo, new loan origination for auto purchases dropped 29% in the first quarter of 2017 […]
This morning’s topic is an important one – the retirement savings gap between blacks and whites. What is the latest? The news continues to be bad. According to an article in Forbes last week by Rodney Brooks, Black Americans continue to lag far behind whites when it comes to retirement savings. Data from 2013 – the most […]
You want to make sure consumers don’t let our politics influence our investments. Why is this on your mind? In the current political environment, it can feel like everything is political. But if you mingle your politics and your money, it can have real financial consequences. I cannot overstate the importance of divorcing personal politics […]
Rapper-turned-businessman-turned husband-turned father-turned the guy who Solange attempted to dropkick on that faithful evening inside of an elevator, Jay Z, has decided to expand his resume by launching his own venture capital fund. One of his partners will be Jay Brown, a longtime business associate and president of Roc Nation who has been instrumental in […]
