From a colloquial perspective—“If Mama ain’t happy, ain’t nobody happy!”—we’ve long understood the power of mothers. Now The Nielsen Co., which tracks consumer trends and behavior around the world, has actual data that supports the adage as well. So in honor of Mother’s Day, May 9 (I know you won’t forget!) I want to focus on the growing economic power of moms.

(NNPA)—Like a relentless tide, foreclosures are pressing people into corners; closing in and eroding their ability to keep their homes. This is the reality confront­ing millions of American homeowners—many of them over 50 and many of them people of color. Sadly, the dream and investment of a lifetime—home ownership—is slipping away as job loss, the cost of getting sick, high interest rates and battered retirement funds challenge consumers’ ability to keep up with their mortgage payments.

I’m often asked questions such as, “What’s a good stock to pick?” or “How is the stock market doing?” These questions are generally followed up with statements such as, “I don’t invest because I know very little about stocks.” or “I don’t invest because I’m afraid I will lose all my hard earned money.” These are legitimate concerns. One should know, however, that America has the largest, richest economy in the world. Although it’s true that any investment you make is subject to risk that involves a possible loss of the money invested, a balanced mix of investment products will help to offset potential losses.

Business networking

MAY 5—The University of Pittsburgh Small Business Development Center and the Diversity Business Resource Center will host a Social Networking for Small Business seminar from 2-4 p.m. at the Sigma Conference and Event Center, 1717 Babcock Blvd., Ross Township. Attendees will learn how to enhance marketing efforts with social networking sites like Twitter, Facebook, MySpace, LinkedIn and more. The cost is $25. For more information, call 412-322-3272 or e-mail This email address is being protected from spambots. You need JavaScript enabled to view it. .