recession

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 […]

People in this country still believe in the American Dream, but after one of the worst recessions this country has seen, many are fearful that they may be standing on a trapdoor instead of a ladder to success. For as long I can remember, I have watched African-Americans create their own opportunities by working hard, […]

WASHINGTON (AP) — Fewer Americans bought homes in August, as investors retreated from real estate and first-time buyers remained scarce. Sales of existing homes fell 1.8 percent to a seasonally adjusted annual rate of 5.05 million, the National Association of Realtors said Monday. That snaps a four-month streak of gains. August sales are down from […]

The National Urban League‘s 38th annual “State Of Black America” report highlights that job creation in the country is of smaller benefit to Black and…

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. […]

WASHINGTON (AP) — U.S. employers are sending a message of confidence in the economy — hiring more workers, raising pay and making the job market appear strong enough for the Federal Reserve to slow its bond purchases as early as September. The economy gained a robust 195,000 jobs in June and many more in April […]