Whether your retirement is two years or 22 years away, Mellody has some info for you. Here’s what she wants each age group from millennials to baby boomers to know. LET’S START WITH THOSE WHO ARE CLOSEST TO RETIREMENT: THE BOOMERS. HOW ARE THEY DOING WHEN IT COMES TO SAVING FOR THE GOLDEN YEARS? Research […]

We heard a lot of talk about bad economic news last week.   “Recession” seemed like the word of the week last week. And it can be a word that causes people a lot of anxiety. This morning, I want to make sure our listeners understand what is going on in the economy, and how to […]

This morning we’re talking about the recent turbulence in the markets. What have we seen lately? There is no denying that the markets have been choppy in recent weeks. After a very strong period at the beginning of the summer, the NASDAQ fell by 3.75% in the past two weeks, while the Dow Jones shed […]

THIS MONTH MARKS A BIG DAY FOR THE US ECONOMY. WHY? According to the National Bureau of Economic Research (NBER), June 2009 was the last month the U.S. economy was in recession. That means unless the U.S. economy has now seen its longest expansion in history! WHY HAS THE ECONOMY STAYED ON A POSITIVE COURSE […]

THERE IS A LITTLE-NOTICED CHALLENGE IS CONFRONTING BLACK AMERICANS. WHAT IS IT? Most of us have seen the ads on television with Tom Selleck or others pitching reverse mortgages. They have been a fixture on television since the financial crisis, and they often promise a no-hassle way for seniors to take advantage of the equity […]

We are covering the benefits of a college degree this morning. Why is this on your mind? We often talk about the costs associated with college. Tuition prices have risen steeply in recent decades and student loans burdens now accompany millions of Americans after their studies. These concerns have led many to ask whether the […]

 PRESIDENT TRUMP AGAIN INCREASED TARIFFS ON CHINESE GOODS LAST WEEK. CAN YOU GIVE US A SNAPSHOT OF WHAT HAPPENED? As you know, the US and China have been engaged in an escalating trade battle since last year. In September, the U.S. imposed 10% tariffs on $200 billion worth of goods imported from China, with tariffs […]

WHAT DID WE LEARN LAST WEEK THAT’S A POSITIVE ON THE ECONOMIC FRONT? According to the Commerce Department, the U.S.gross domestic product rose at a 3.2 percent annual rate in the first three months of the year. This is an impressive number, considering many economists and analysts have been concerned about the possibility of a […]

TODAY WE ARE TALKING ABOUT GRADUATES OF HISTORICALLY BLACK COLLEGES AND UNIVERSITIES, AND STUDENT LOAN DEBT. WHAT IS THE LATEST? A recent article in The Wall Street Journal caught my eye. In it, the authors note that while historically Black colleges and universities have helped millions of Black students achieve financial prosperity, they may now […]

Earlier this month, the New York Times highlighted a study published in the Journal of Consumer Research that shines further light on a problem many couples face: how to distribute responsibility for finances. The study’s author discovered that when couples divide money management unequally, the person taking a less active role is putting themselves at […]

You are here this morning to discuss why some states and cities are fighting the move away from cash. What’s the story? In recent years we have seen a rapid shift away from cash, both in the U.S. and around the world. Fewer people are using paper money, and the number of retailers cutting out […]

YOU ARE JOINING US TO TALK ABOUT CHARITABLE GIVING THIS MORNING. WHY? As we kick off the first filing season under the Tax Cuts and Jobs Act, which was signed into law in December 2017, there are questions about how it could affect charitable giving. While Americans are incredibly generous, and most people give to […]