President Trump and The Trump Organization are suing House Oversight Committee Chairman Elijah Cummings to block a subpoena of Trump’s financial records. The lawsuit, filed today (Monday) in federal court, comes a week after Cummings subpoenaed Trump’s longtime accounting firm, Mazars USA. Cummings said the committee needs to see Trump’s records after his former lawyer and fixer Michael Cohen claimed 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 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 […]

  Tom: Today you’re giving us an update on the state of Black entrepreneurship. Mellody: I decided that a good way to close out Black History…

  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.…

What are some year-end financials tips? MELLODY: The end of the year is always a busy time with all of the planning for the season, the…

Tom: You are joining us this morning to talk about Volkswagen? Mellody: That is right, Tom! I figured with the size of this recent recall,…

Today Mellody is talking about financial information, and how to protect it. Mellody: With numerous headlines over the past few years about data breaches at major…

Mellody: Last week, we learned the FCC will fine AT&T $100 million for capping it’s data usage of subscribers who were signed up for unlimited data…

  Tom: Good morning Mellody! What are we covering today?  Mellody: Good morning. Today we are talking about credit card debt, Tom. Over the past 6…