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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, […]
The United States has long been considered the land of opportunity, where hard work is supposed to lead to financial success. However, in recent decades, the wages of American workers have stagnated, even as productivity has continued to increase. This phenomenon, known as wage stagnation, is a severe issue that affects millions of people in […]
In recent years, there has been an unprecedented expansion of the global middle class. According to the World Bank, between 1990 and 2015, the percentage of people living in extreme poverty fell from 36% to 10%, and the global middle class grew from 1.8 billion to 3.2 billion. This expansion has been driven by economic […]
Filing Your Taxes in 2022 might be more complicated due to advanced child tax credit, stimulus check, and covid-19 pandemic economic relief measures. Taxpayers can begin filing their taxes with the Internal Revenue Service (IRS) starting January 24 through April 18. The IRS has not said anything about extending the deadline. Continue reading to […]
A series of interest rate hikes coming this year, said the Federal Reserve Chairman Jerome Powell during his confirmation hearing before the U.S. Senate Committee on Banking, Housing, and Urban Affairs. The federal funds rate or benchmark rate is currently at a range of 0% to 0.25%. This year, it can go up as high […]
CEO pay skyrocketed in 2020 while millions of hungry Americans turned to food banks for the first time. 8.4 million Americans are still unemployed, and millions more continue to depend on food banks and federal government assistance to survive. According...
By MacKenzy Pierre
President Biden pitched his $2.5 trillion infrastructure plan on Wednesday in Pittsburg, Pennsylvania. However, convincing republicans and moderate democrats will take more than the promise of steel and bridges. Biden scored the first legislative initiative of his presidency last month. ...
By Article Posted by Staff Contributor
Nearly 6,000 Amazon’s workers from an Alabama warehouse have been casting their ballot to unionize since February. Yesterday was the deadline for all mail-in voting. The counting of the votes starts today. The warehouse workers are complaining about the harsh...
By Article Posted by Staff Contributor
Universal basic income (UBI) or guaranteed income has been gaining more and more momentum since then-presidential candidate Andrew Yang made it the cornerstone of his 2020 presidential run. UBI promises to give people a fixed amount of money every month...
By MacKenzy Pierre
The Initial Public Offering (IPO) market is a significant barometer for economic health and investor sentiment. As we approach the end of 2023, a reflective analysis...
By MacKenzy Pierre
2024 IPO Draft Class: Ranking the Top Prospects Following the pattern of last year’s tumultuous market conditions, the 2024 IPO landscape presents a mix of familiar...
By MacKenzy Pierre
Due to their boredom, long-term, low-cost, and passive investing strategies have lost ground to more speculative asset classes. This article aims to make a case for...
By MacKenzy Pierre
Yes, Bitcoin is a financial asset, but it’s not ready yet to be inside your 401(k), 403(b), and Traditional IRAs. If you know me, then you...
By MacKenzy Pierre
Cash Management for Growing Businesses: Navigating the Waters of Growth and Liquidity In the early stages, startups often focus on deploying significant capital with minimal immediate...
By MacKenzy Pierre
Biggest Financial Crimes: Adelphia Adelphia Communications Corporation, once a titan in the cable industry, became synonymous with corporate fraud in the early 2000s. This article delves...
By Article Posted by Staff Contributor
Commercial Credit Reports & Commercial Reporting Agencies Commercial credit reports are documents compiled by credit bureaus that provide detailed information about a business’s credit history. These...
By Article Posted by Staff Contributor
Entrepreneurship is a challenging journey, often marked by initial success that can be followed by unforeseen difficulties. While 20% of small businesses survive their first year,...
By MacKenzy Pierre
Roth IRA vs. Roth 401(k): Which Is Better for You? As the adage goes, the early bird catches the worm. When it comes to planning for...
By Article Posted by Staff Contributor
Traditional 401(k) vs. Roth 401(k): Which Is Better for You? When it comes to planning for those golden years of retirement, you have numerous tax-deferred accounts...
By MacKenzy Pierre
The Initial Public Offering (IPO) market is a significant barometer for economic health and investor...
2024 IPO Draft Class: Ranking the Top Prospects Following the pattern of last year’s tumultuous...
Due to their boredom, long-term, low-cost, and passive investing strategies have lost ground to more...