Mellody Hobson

Mellody Hobson is now the first Black woman to have NFL equity due to her stake in The Walton-Penner group's $4.65 billion Broncos buyout.

As the TJMS comes to an end, so does Mellody Hobson’s Money Mondays column. Today’s column will be the last. Many thanks to Mellody for helping our listeners over the years make their very best financial decisions with her tips, pointers and advice. Here are 5 of her top tips that should help you live […]

What do you have for us today on Money Monday, Mellody? Well Tom, it is November 11 and you – the hardest working man in radio – are about to hang up your mic! So before I go any further, I want to recognize your incredible career, your incredible team – Sybil, Skip, and everyone […]

IT’S THE TIME TO TURN OUR ATTENTION TO OUR HEALTH CARE COVERAGE OPTIONS FOR NEXT YEAR, CORRECT? WHAT DO YOU HAVE FOR US TODAY?  As you know, the open enrollment period is the time of year when most people have a chance to change your health insurance coverage or sign up for new coverage for […]

WHAT DO WE NOW KNOW ABOUT INCOME INEQUALITY? Last week, the Census Bureau reported that the gap between the richest and the poorest American households is now larger than it has been in the past 50 years. While we have seen the gap between low-income and high-income households grow in recent decades, based on the […]

Today we are talking about the August jobs report. Why did it catch your eye? What really piqued my interest was what it told us about the economy, Tom. In the Labor Department’s report released Friday, we can really see a tension between the positive and negative factors that are at work in our economy. […]

HURRICANE DORIAN HAS YOUR MIND ON THE FINANCIAL EFFECTS OF NATURAL DISASTERS, IS THAT RIGHT? As Hurricane Dorian – now a Category 5 storm – approaches the southeastern states, I wanted to help our listeners better understand how to prepare themselves and their families financially for a natural disaster. THAT SOUNDS GREAT. LET’S START WITH […]

WHY ARE OLD RETIREMENT ACCOUNTS ON YOUR MIND TODAY?  MELLODY: Put simply, people change jobs pretty regularly. According to the Bureau of Labor Statistics, the average worker in America changes employers every 4 years or so. And when we do this, many of us end up starting a new retirement account. But that does not […]

THIS MORNING WE ARE ONCE AGAIN FOCUSED ON THE US-CHINA TRADE TENSIONS THEIR RIPPLE EFFECTS. WHAT IS THE LATEST OUT OF WASHINGTON? More shots were fired in the trade war last week. On Thursday, President Trump took to Twitter to announce that he intends to impose a 10 percent tariff on the remaining $300 billion […]

Today we are discussing debt collection. Why? Debt collection affects millions of Americans. For several years. the number of households who had accounts in collection was in decline, as many households embraced more responsibly financial practices in the wake of the financial crisis. However, recently we have seen this trend reverse.  Over 25 million Americans […]

Why is it now so important to talk about retirement planning for workers without an employer-sponsored plan? Only about half of all Americans have access to plans available through their job, according to a 2018 report from the Stanford Center on Longevity. The other half are freelancers or workers with multiple jobs or part-time jobs […]

What’s the good news in the stock market? I am happy to join Money Monday this morning with good news, and that is not an April Fool’s joke. On Friday, the US markets closed out a great quarter. The S&P 500 rose 0.7% to 2834.4, closing out the quarter up 13% for the quarter, its […]