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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 […]
These are Services that Middle-Class Americans Won’t Be Able to Afford by 2030 Due to Inflation and Price Gouging Taking your kids to a sporting event used to be an affordable weekend pastime for families. Seeing your favorite band whenever they were in town didn’t break the bank. But those days are quickly fading. Now, […]
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 […]
Auto Workers go on strike. Nearly 50,000 auto workers, all across the country, will not be going to work this morning. Although GM is making record profits, almost 11 billion dollars last year, the company closed down four facilities so...
By Article Posted by Staff Contributor
Drone attacks on massive and small oil facilities in Saudi Arabia have sent the price oil swelling President Tweeted last night that, “we are locked and loaded, but are waiting for the Kingdom.” Saudi Arabia, supported by the Trump Administration,...
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Banks are an integral part of social mobility; this is more so for immigrants. Having access to financial services, including inexpensive checking and saving accounts is one of the first steps to achieve the American Dream. More often than not,...
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Credit cards for bad credit can help increase your credit. a credit score below 640 is bad. When you have poor credit, everything becomes more expensive, especially credit card debt. If you are experiencing financial difficulties, getting an unsecured credit...
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The American middle class was feeling the gust front for months before the Katrina-like financial storm hit in 2008. The name of this financial storm could...
By MacKenzy Pierre
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?...
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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...
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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...
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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
The American middle class was feeling the gust front for months before the Katrina-like financial...
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...