There is good news about wages out of the Census Bureau this past week. Mellody: On Tuesday, we learned that after a slow and steady recovery in the wake of the great recession, 2015 was a breakout year for American wages. Last year, median household income grew to $56,500, up 5.2 percent from the previous year. That […]
Mellody Hobson is President of Ariel investments, a Chicago-based money management firm that serves individual investors and retirement plans through its no-load mutual funds…
