There is recent news about the Affordable Care Act that another private insurance company is pulling out of some exchanges. Can you start by telling us a little about that? Mellody: Aetna announced this week that it was withdrawing from the Obamacare exchanges in 11 of the 15 states it had been doing business – […]
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 are we seeing right now in the housing market and why? Mellody: The housing market continues to be incredibly hot. Home prices continue to break records in numerous markets, such as Seattle and Denver, and talk of bidding wars has returned to many water coolers. This has caused many to wonder if we are […]
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 […]
How are race and spending habits linked? We have heard a lot in recent years about economic inequality, but most, if not all, of the discussion has focused on income inequality. However, a new study out of Duke University, and highlighted in the Atlantic, points to another way economic inequality persists between white and Black […]
How are new home loan trends are impacting communities of color? It is a very important trend and one that we need to keep our eyes on. In the wake of the housing bubble, regulators moved to rein in subprime lending, the type of lending that led to the housing crisis. As a result, we […]
Today’s Money Mondays topic is crowdfunding. Why? Mellody:Â As of last week, new rules rolled out by the Securities and Exchange commission will permit anyone, not just the well-heeled, to risk their own money investing in small companies in exchange for a stake in the business. Essentially, it allows anyone to act as a venture […]
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…
