Money

Mellody Hobson explains the debt ceiling in today’s “Money Mondays” segment. Let’s start at the beginning. A common misperception is that the debt ceiling is the amount of money the government owes, and that raising the ceiling means increasing the federal debt. The federal debt is what it is…$16.76 trillion as of September 30th, according […]

Money

September means college for a lot of people, so today, Mellody Hobson addresses the financial issues around pursuing a higher education. Where should people start? Every financial issue should start with honest and open communication. For college, that means talking to your kids sooner rather than later about what you can afford and what you’re […]

Money

Mellody Hobson talks about women and money on today’s “Money Mondays” segment. I know we touched on this last month when we talked about a survey that found women are becoming more and more financially savvy and as a result are investing more to meet their goals. But today, I want to delve deeper into […]

If You Missed It, Originals

Tom and the crew open the show talking about Mellody Hobson’s baby, Nelson Mandela’s condition and much more.

Entertainment

NEW YORK (AP) — “Star Wars” creator George Lucas and new wife Mellody Hobson have had a baby daughter. Representatives for the 69-year-old filmmaker announced the birth Monday. Everest Hobson Lucas was born Friday, the first child for Lucas and Hobson, who were married in June. The baby was born via surrogate. Hobson is Lucas’ […]

Money

Mellody Hobson talks about money and the economy on today’s “Money Mondays” segment. Today, I want to talk about jobs. Specifically, what do you think is the highest paying, most meaningful job in the country? Payscale.com is a website that allows people to see what they’re worth and what they should be paying employees. Payscale […]

Top News

Former mayor of Chicago, Richard M. Daley, 71, has stepped out on the town with his reported girlfriend, Dr. Adele Joy Cobbs, 41, reports DNAInfo.com. The…

Money

Mellody Hobson talks about organizing in this week’s “Money Mondays” segment. This morning I have a cautionary tale for you. Last week, a woman in Queens threw away her life savings. She literally threw it away in a rusted out old refrigerator. She didn’t remember she’d stashed her cash in there until later that night. […]

Originals

Mellody Hobson talks women and money in today’s “Money Mondays” segment. I’m happy to say that I’m the bearer of good news. It turns out that while the recession put most people off track when it comes to saving and investing, it may have had the opposite affect on women—pushing them to become financially savvier. […]

Money

Mellody Hobson talks about the summer travel paradox in today’s “Money Mondays” segment. Last month, we talked about how to protect yourself from all-too-common summer credit card scams and how to be a smart traveler when it comes to your money—like talking to your bank before you travel and monitoring account activity online. But today […]

If You Missed It, Originals

Tom and the crew open the show talking about the heat wave occurring on the west coast, the death of 19 firefighters in Arizona, the death at the Cirque Du Soleil and Mellody Hobson‘s Chicago reception starring Prince.

Money Mondays

Mellody Hobson talks about philanthropy in today’s “Money Mondays” segment. A Florida newspaper and the Center for Investigative Reporting recently put together a list of the nation’s worst charities. Before we get into specifics, I have to stress that this list of the “worst charities” focuses on nonprofits on the fringes—they are NOT the norm, […]