In this edition of Money Mondays, Mellody Hobson covers the latest news surrounding student loans. What’s the latest in the student loan front? Just over a week ago, Secretary of Education Betsy DeVos, rescinded some Obama-era memos aimed at reforming the way student loan borrowers interact with their servicing agents, the companies charged with collecting […]

We are talking retirement again this week, but from a different perspective. This morning, you are here to give us some tips for retiring single. Why? There are simply more people facing retirement without a spouse – either by choice, or because they are divorced or widowed. In 2015, for the first time in the […]

  This morning we are discussing the labor market. Why is the labor market making news right now? Right now, the labor market is making news because it is on a tear, Last week, we learned the number of Americans filing for unemployment benefits is closing in on a 44-year low, signaling that the job […]

12/19/16 – Rob Wilson gives tips on holiday shopping including one big no-no: don’t use credit for holiday shopping! Rob Wilson is a financial advisor, television contributor and new media personality who concentrates his practice on providing advice to and managing financial affairs for successful professional athletes, entertainers and other young professionals. His work providing […]

  Today’s Money Mondays segment focuses on interest rates. The Federal Reserve’s Federal Open Market Committee will meet this week, and most of the people that follow it believe that the Committee will raise interest rates. This is something we have been expecting for some time, but it looks more certain now with unemployment falling […]

What is new in the auto loan industry that we need to know about? Mellody: You may have already heard that the auto industry is booming. Last year, auto sales broke records. And in november, U.S. auto sales rose 3.7% compared with a year ago. Wage growth, consumer confidence, and cheap gas have all contributed […]

  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 and CBS.com. Tom: Today we are talking about the financial benefits of exercise. Maybe this morning’s […]

  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…

  Tom: We have a great topic this morning – how to take care of your old 401k accounts. Mellody:  This is a very important…

  Tom: The topic this morning is inequality in credit scores. Tell us about it. Mellody: Well, Tom, it turns out that pay is not…

  Tom: Hi, Mellody! Mellody: Good morning, Tom! Tom: This morning you join us to talk about tax time saving, and a campaign to promote savings.…

  Tom:  Good morning, Mellody! You are joining us this morning with some reminders for our taxes.  Mellody: I am, Tom. I know it is not…