The holiday shopping season is about to officially kick off. I am told you are with us today to dispel some myths about the big sales that start this Thursday, is that right? Every year, shoppers get excited for Black Friday sales so they can snag the best deal on that must-have toy or […]

There is good news about wages out of the Census Bureau this past week. Mellody: On Tuesday, we learned that after a slow and steady recovery in the wake of the great recession, 2015 was a breakout year for American wages. Last year, median household income grew to $56,500, up 5.2 percent from the previous year. That […]

  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. Tom: Good morning!   Mellody: Good morning, Tom.   Tom: What is on tap this […]