Trending 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 […]
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, […]
Peloton might have difficulty scaling its business. The stock falls 8 percent after opening below its initial public offering (IPO) in market debut. The Slump will most likely continue because its products and subscriptions are too expensive. The company’s bikes...
By MacKenzy Pierre
According to a report from the Organization for Economic Co-operation and Development (OECD), it could take 150 years for a child from a poor UK family to earn the average national income. That child has two options: find a way...
By Article Posted by Staff Contributor
On Tuesday, House Speaker Nancy Pelosi announced a formal impeachment inquiry into President Donald Trump. We will have to wait until the morning to see how the global economy accepts that news. The futures market give us a hint before...
By MacKenzy Pierre
Creating a list of best credit cards for new immigrants is essential because great financial products expedite the assimilation process. Credit and the American economy are intertwined. After all, seventy percent of America’s gross domestic product (GDP) is consumer spending. ...
By Article Posted by Staff Contributor
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
A Realistic Approach to Budgeting Imagine sitting down with your paycheck, trying to figure out how to stretch it across bills, groceries, rent, and maybe something...
By Article Posted by Staff Contributor
Introduction: Facing the Unexpected When someone agrees to be your co-signer, they do more than just sign their name on a dotted line—they’re making a serious...
By MacKenzy Pierre
As of 2024, a stark disparity exists in the 32 NFL franchises, with no Black majority owners. While notable Black figures have been part of ownership...
By MacKenzy Pierre
If you’ve been investing for a while, you’ve probably experienced some market losses. It’s not...
The lingering shadows of the Gilded Age stretch into the present, casting a long silhouette...
It’s a crisp Monday morning in the heart of Manhattan. While the city hustles and...