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 […]

Tom: This morning we have a bit of a serious topic: estate planning. Mellody: Obviously, no one likes to think about their own mortality, but I…

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…

  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…