Mellody Hobson

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 […]

  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 should we be thinking about if we are impacted by a natural disaster? As we watch the remnants of Hurricane Matthew swirl off the Atlantic Coast, I was thinking of those who were impacted by Katrina, and Sandy, and other events that have impacted great numbers of people in our country. Thankfully, Matthew does not […]

Yet another story that raises concerns about privacy and security. What do we need to know about the Yahoo breach? Mellody: We have obviously seen an increase in breaches lately, as fraudsters and hackers continue to find ways into companies’ systems. But this latest breach at Yahoo is a really extraordinary for a few reasons. […]

There is good news about wages out of the Census Bureau this past week. Mellody: On Tuesday, we learned that after a slow and steady recovery in the wake of the great recession, 2015 was a breakout year for American wages. Last year, median household income grew to $56,500, up 5.2 percent from the previous year. That […]

There is good news as it relates to the job market. How can listeners can take advantage of it? Mellody: In the last Money Monday segment, we covered the strong housing sector, which is a key component of the U.S. economy. On Friday, we received some great news from the Labor Department. According to the […]

What’s going on in the stock market this week?  Last week, we saw the Dow break through the previous ceiling that was set in may of 2015, closing at 18,516 on Friday. And remember, this happened in the seventh year of this bull market, the second longest bull market in history! What pushed the markets […]

What is multigenerational living and how does it impact us financially?  When we hear the term multigenerational living, all it means is more than one generation of adults in a family living under one roof. Now, as everyone gets ready to celebrate the Fourth with friends and family, some of our listeners might think to […]

What do we need to know about the shocking development of Britain leaving the European Union? Mellody: This is a historic event and it will have broad economic and political consequences in the UK, Europe and here in the United States. First, a little background on the subject. To deal with political pressures ahead of […]

Tom: You have a great topic for us today: Paying for college. Mellody: It is that time of year, Tom. College acceptance letters have gone…