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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 […]
FedNow: Transforming the Future of Money Transfers in the US To modernize money transfers and foster a more efficient and secure payment ecosystem, the Federal Reserve has launched “FedNow,” an instant payment platform. This groundbreaking initiative aims to facilitate faster cash flow for businesses and individuals, enabling seamless transactions in seconds. However, while FedNow promises […]
BRICS and non-BRICS nations are lining up to escape the dollar hegemony. The BRICS (Brazil, Russia, India, China, and South Africa) are among the world’s largest economies. They have been exploring the possibility of launching a new currency to challenge the dominance of the US dollar in international trade. The BRICS ran a trade surplus, […]
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
Scams Are Getting Harder to Spot: The Best Defense is Knowing the Top Scams Happening Now Scammers are no longer just a nuisance—they’re a real and growing threat. Scams have become so sophisticated that even the savviest among us can...
By Article Posted by Staff Contributor
If you’ve been looking at buying a luxury home or property in a high-cost area, you’ve probably come across the term “jumbo mortgage.” But what does...
By MacKenzy Pierre
The answer to whether paying off collections will improve your credit score is: it depends. If you’ve ever found yourself dealing with a collections account, you...
By MacKenzy Pierre
Late payments are the kryptonite of a good credit score, and too many of you have been hit hard by them. Learn how to remove late...
By MacKenzy Pierre
If you’ve been investing for a while, you’ve probably experienced some market losses. It’s not something people love to talk about, but let’s be honest—losses happen,...
By MacKenzy Pierre
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,...
By FMC Editorial Team
It’s a crisp Monday morning in the heart of Manhattan. While the city hustles and bustles, Sarah, a 35-year-old former marketing executive, sips her coffee overlooking...
By Article Posted by Staff Contributor
You’ve probably heard it over and over: “A high FICO® Score is important.” But too many of you don’t realize the real savings that come with...
By MacKenzy Pierre
You hear it all the time: “Your credit score is important.” Yet, too many people still don’t understand the factors that go into that three-digit number....
By Article Posted by Staff Contributor
Introduction: The Rise of Luxury in a Capitalist World Luxury was once the exclusive domain of the ultra-rich—a status symbol for kings, aristocrats, and oil magnates....
By Article Posted by Staff Contributor
Imagine this: You’re sipping your morning coffee, sorting through a stack of bills that seems taller than Mount Everest. Credit card statements, medical bills, student loans—you...
By Article Posted by Staff Contributor
If you’ve been looking at buying a luxury home or property in a high-cost area,...
The answer to whether paying off collections will improve your credit score is: it depends....
Late payments are the kryptonite of a good credit score, and too many of you...