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: You’re talking about wages this morning?   MELLODY: I am, Tom. We have talked a […]

Azie Taylor Morton was the first and only African-American to hold the position of Treasurer of the United States. Despite hardships, Ms. Morton excelled by entering one of the highest offices in the land. Born February 1, 1936 in Dale, Texas, Morton worked in the cotton fields as a teen. Because Dale didn’t have any […]

It’s kind of hard to believe that a Young MONEY rapper would be broke, but according to Gary With Da Tea it might be the…

For iPhone:   Cyber Monday is big business. Last year, Americans spent over $1.7 billion online the Monday following Thanksgiving, an 18% increase over 2012, the fourth straight year of double digit growth. But anytime people are logging on and spending money, you are going to find scammers trying to take advantage of you. So, […]

National News, News

NEW YORK (AP) — After a busy holiday weekend in shopping malls, millions of Americans are expected to log on and keep shopping on the day dubbed Cyber Monday. That day, the Monday after Thanksgiving, has been the biggest online shopping day of the year since 2010. The day could take on added importance after […]

  Mellody 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.  MELLODY: Good morning, Tom! TOM: What do you have on tap for us […]

National News

OKLAHOMA CITY (AP) — The ex-wife of multibillionaire energy tycoon Harold Hamm plans to appeal a court ruling that awarded her nearly $1 billion in a divorce settlement, according to her attorney. An Oklahoma County judge awarded $995.4 million this week to Sue Ann Hamm, who was married for more than 20 years to Continental […]

National News

OKLAHOMA CITY (AP) — The chairman and CEO of energy giant Continental Resources Inc. must pay his ex-wife nearly $1 billion as part of a divorce settlement, an Oklahoma judge ruled Monday. Oklahoma County District Judge Howard Haralson’s order directs Harold Hamm to pay his ex-wife, Sue Ann Hamm, $995.4 million for “property division alimony.” […]

  Mellody 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.  MELLODY:  Good morning, Tom! Tom: What do you have for us today, […]

Mellody 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…

Mellody 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. For iPhone:   TOM: Good morning Mellody. You come bearing more good news this morning?   MELLODY: I […]

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. For iPhone:   TOM: Good morning, Mellody! MELLODY: Good morning, Tom! TOM: This morning we are […]