economy

Tom: This morning we are talking about low oil prices, is that right? Mellody: It sure is, Tom. This past week, the price of a…

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…

Saturday, the White House unveiled its Year Of Action Progress Report, which serves to highlight the maneuvers and political actions taken by President Barack Obama…

With the release of the National Urban League‘s 38th annual State Of Black America Report, a panel discussion involving key figures of NUL opens up an examination…

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…

President Barack Obama is not interested in playing golf with Republicans. But he does want to play hardball. Sitting inside the White House several hours…

More than one million people lost their unemployment benefits this past Saturday, due to the expiration of the emergency program that Congress did not extend.…

The recent headlines on America’s housing situation paint a rosy picture. Home prices are rising. Housing stock is dropping. And even cities like Las Vegas…

Mellody Hobson talks about how to let our kids spread their wings and fly financially on today’s “Money Mondays” segment. According to the Pew Research…

Last Friday, February’s jobs report was released, boasting a decrease in unemployment at 7.7 percent, which is the lowest level of unemployment in four years.…

WASHINGTON — Senate Majority Leader Harry Reid accused the House of Representatives Thursday of being a “dictatorship” — albeit an extremely poor one. Reid (D-Nev.)…

According  to the Washington AP, the U.S. economy added a solid 146,000 jobs in November and the unemployment rate fell to 7.7 percent, the lowest since December 2008. The Superstorm Sandy had only a minimal effect on the numbers, said the government. Hiring remained steady during the storm but the economy added 49,000 less jobs […]