Trending Now :
The lingering shadows of the Gilded Age stretch into the present, casting a long silhouette over America’s economic landscape. Families like the Waltons, the Mars clan, and the Cargill-MacMillans stand as pillars of enduring wealth, their fortunes built over decades and, in some cases, centuries. These dynasties have accumulated vast resources and mastered the art […]
If you’ve been waiting for a sign to make big moves with your finances, this is it. The Federal Reserve just made its first interest rate cut since 2020, slashing the federal funds rate by a full half percentage point. This is no small step—it’s a loud and clear signal that the era of “cheap […]
Housing in America is in crisis. Skyrocketing rents, climbing mortgage rates, and a relentless shortage of affordable homes have left millions of Americans struggling to keep a roof over their heads. In response to this mounting challenge, Vice President Kamala Harris has unveiled a sweeping plan aimed at lowering housing costs and expanding access to […]
Democrats keep floating the idea of taxing unrealized gains, but let’s be real—it’s a non-starter. Why? Because they’re unrealized. Sure, they’ll tell you it’s aimed at the ultra-wealthy, those sitting on $100 million or more, and they’ll calculate it by subtracting liabilities from assets—essentially boiling it down to net worth. But let’s pause for a […]
From Dot-com to U.S. Housing to Chinese Real Estate, there have been about nine notable global asset bubbles since the Great Depression. The most recent was the Special Purpose Acquisition Company (SPAC) bubble, which resulted from hyper-speculation. SPACs are shell companies created to take private companies public. Nikola Corporation, DraftKings, and Trump Media are notable […]
Seeing a sudden, significant drop in your credit score can feel like a punch in the gut. A sharp decline can be alarming whether you monitor your credit regularly or only check in occasionally. You might feel panicked, confused, or...
By MacKenzy Pierre
Americans owe a staggering $1.14 trillion in credit card debt, a record-breaking figure that shows no sign of slowing down. Credit card balances surged by $27 billion in the second quarter alone, marking a 5.8% increase over the previous year....
By MacKenzy Pierre
When you think of luxury homes, images of sprawling estates, breathtaking views, and the finest amenities come to mind. But for those seeking the pinnacle of real estate, a home priced at $20 million or more represents the ultimate status...
By Article Posted by Staff Contributor
Budgeting can feel overwhelming, especially if you’ve tried before and failed. Maybe the idea of tracking every penny makes your head spin, or perhaps you’ve started a budget only to abandon it halfway through the month. The good news? You’re...
By Article Posted by Staff Contributor
We were ready to write the epitaph for the U.S. IPO market, at least for this year. Then Newsmax, the right-wing media outlet, gave it a...
By MacKenzy Pierre
Commerce Secretary Howard Lutnick said during an interview with Fox News a few weeks ago that when the new gross domestic product (GDP) number is released...
By MacKenzy Pierre
A few days ago, I saw a social media video of a guy who, not even 35 years old, spent a considerable amount of time in...
By MacKenzy Pierre
When managing your finances, two terms often pop up: saving and investing. But what’s the difference, and how do you decide which one’s right for you?...
By Article Posted by Staff Contributor
Introduction In 2023, about 4.2% of U.S. households—equivalent to approximately 5.6 million families—remained unbanked. Despite years of economic growth and increased financial services accessibility, millions of...
By FMC Editorial Team
The question of whether to rent or buy a home has been overanalyzed by just about everyone with a calculator and an opinion. And yet, too...
By MacKenzy Pierre
Introduction: The Safety Net You Can’t Afford to Ignore Life is full of unexpected events—whether it’s a surprise medical bill, a sudden car breakdown, or a...
By Article Posted by Staff Contributor
Maximize Your Retirement Savings in 2024: Key IRS Adjustments to Know Saving for retirement just got a bit easier—and potentially more lucrative—thanks to new cost-of-living adjustments...
By Article Posted by Staff Contributor
The Bureau of Economic Analysis (BEA) report indicates solid economic growth in the third quarter of 2024, with the U.S. real GDP increasing by 2.8% annually....
By FMC Editorial Team
Introduction: Why Zero-Based Budgeting? Have you ever gotten to the end of the month and wondered where all your money went? You’re not alone. Most people...
By Article Posted by Staff Contributor
We were ready to write the epitaph for the U.S. IPO market, at least for...
Commerce Secretary Howard Lutnick said during an interview with Fox News a few weeks ago...
A few days ago, I saw a social media video of a guy who, not...