money

You have an interesting topic on tap for us this morning: lotteries. Mellody: We are indeed talking about lotteries this morning, but not in a good way. You may have noticed that lately it seems like the major multi-state lottery jackpots have been getting larger and larger, with more frequency. And you would be right! […]

What do Black Americans need to know about the racial wealth gap? Last week was a glass half-full segment, with a stellar jobs report. I want to talk about a new report from the Corporation For Enterprise Development (CFED) and the Institute For Policy Studies. The report examined the growing racial wealth divide for Black and […]

America's Wealth Coach Deborah Owens stopped by NewsOne Now to discuss how Britain's exit will impact Blacks and the U.S. economy and your pocket.

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 […]

In today's unpredictable economy, many companies are offering their employees buyouts as a way to shrink the size of their pension plans and ultimately reduce their longterm financial obligations.

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:  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 […]

Owens joined Roland Martin on NewsOne Now to share seven tips that will help you build a million dollar 401k plan and retire in financial security.

  Tom: You are here this morning to talk about the growth of freelancing, correct? Mellody: I am, Tom. One of the huge stories that has…