Tom: Today we are talking about the minimum wage – again! What’s the latest, Mellody? Mellody: It certainly is a topic that keeps popping up,…

  Tom: Good morning, Mellody! Mellody is president of Ariel Investments, a Chicago-based money management firm that serves individual investors and retirement plans through its…

  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…

In Case You Missed It

  It’s a new year and that means you should have a new financial plan if you’re not happy with where you are. Here are…

  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…

Money can often be the cause for the demise of many marriages, so instead of dealing with things down the line, why not start things…

For iPhone:  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…

For New Jersey Powerball lottery winner Pedro Quezada, the Dominican bodega owner who just collected $215 million, the adage “Mo’ money, mo’ problems” has already…

By Rashad Phillips There’s an old saying: “It isn’t what you know but who you know.” But as we move into 2012 and beyond, the new saying will be “It’s what you know and who you know.” Why? Because in this new economic environment, the average American doesn’t have access to the cash or credit […]

By Rashad Phillips We’ve all heard the statement that money doesn’t grow on trees. And after hearing that statement so many times, we accept it as true. But talk to an Apple Farmer, during the harvest season, and he’ll tell you that money does grow on trees. The apples picked from his trees are called […]

It’s time to have the talk. About what? The topic that most Americans are afraid to discuss. Now is the time to find the courage to release our fears and let our friends and family know if we are experiencing or will soon experience financial challenges. I call this Money Talk, an open and honest […]

Spring time should be known for more than heightened allergies and losing an hour of sleep. It’s that time of year when even border line hoarders get the urge to purge through the mounds of unnecessary clutter in their homes. But instead of just throwing everything out, why not put a little planning into getting […]