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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 […]
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 […]
Capitalism always ignores politics and significant social justice issues. Rumor has it that Tesla Inc might move its headquarters to Austin, Texas. The company held its annual shareholder meeting there yesterday. Oracle, Apple (second-largest campus), Charles Schwab, and many more Silicon Valley companies have moved to Texas over the past couple of years. Moreover, many […]
The financial crisis of 2007-2008 has lasting economic impacts. In the fall of 2008, the US gross domestic product (GDP) fell by 4.3 percent. Two well-researched academic papers proposed a different reason for the Great Recession. The paper by Professor Baijnath Ramraika and Michael Benatar, titled “Real Estate Prices, Subprime Lending and Financial Crisis: Lessons […]
According to Brookings Institute, by 2020, more than half of the world’s population will be in the middle-class. While the economic anxiety of the developed world’s middle class is real, the citizens of the developing countries have been escaping extreme...
By MacKenzy Pierre
Apple Card is here, should you apply? The short answer is not yet. After all, Apple Card is just another credit card. With all the hoorah about the Apple Card, one would think that there is something different about this...
By MacKenzy Pierre
Zoning laws limit the construction of affordable housing; the intended and unintended consequences of those laws are Alphabet District in Northern Las Vegas and Los Angeles Skid Row. Zoning laws contribute significantly to the income gap, wealth inequality, and lack...
By MacKenzy Pierre
Bitcoin and Smart Money is not a pure moronic title, but the middle-income earners have to stop being the last ones on the investing bandwagon. The Bitcoin fever has proven Wall Street right once again. Retail investors, often middle-income America,...
By MacKenzy Pierre
Picture this: the wind rushing through your hair, the thrill of the open road, and the freedom to explore new horizons. Owning a motorcycle can be...
By Article Posted by Staff Contributor
Closing costs are unavoidable in home-buying, adding a significant financial burden to an already expensive transaction. However, there are ways to ease the burden of these...
By Article Posted by Staff Contributor
Introduction A fixer-upper property is undeniably captivating. The charm of restoring a neglected house to its former glory or customizing a home to suit your unique...
By MacKenzy Pierre
Mobile, manufactured, and modular homes have become affordable alternatives to traditional housing options. These types of homes offer flexibility, cost-effectiveness, and various financing options. In this...
By Article Posted by Staff Contributor
If you find yourself in a situation where you still owe money on your car but desire to purchase a new one, trading in your current...
By Article Posted by Staff Contributor
Introduction: When managing personal finances, it’s crucial to clearly understand the various charges and fees associated with credit and loan accounts. Learning how to calculate finance...
By Article Posted by Staff Contributor
A swimming pool can be a fantastic addition to any home, offering a refreshing escape from the summer heat and a gathering place for family and...
By Article Posted by Staff Contributor
Acquiring land can be an important step towards achieving your real estate goals, whether for building your dream home, starting a farm, or developing commercial property....
By Article Posted by Staff Contributor
Owning a boat is a dream for many water enthusiasts, but the cost of purchasing one can be a significant barrier. Fortunately, there are various financing...
By Article Posted by Staff Contributor
Introduction: Starting a profitable business is a dream for many entrepreneurs. To maximize success, it’s crucial to identify industries with growth potential, low startup costs, and...
By Article Posted by Staff Contributor
Picture this: the wind rushing through your hair, the thrill of the open road, and...
Closing costs are unavoidable in home-buying, adding a significant financial burden to an already expensive...
Introduction A fixer-upper property is undeniably captivating. The charm of restoring a neglected house to...