Republicans in Congress are prioritizing tax cuts as their first legislative action in 2025, focusing on making the 2017 Trump-era tax cuts permanent. Critics argue this move disproportionately benefits the wealthy, including many Republican lawmakers themselves, whose net worth far exceed that of the average American. Financial disclosures reveal that in 2012, the average net…
Tech billionaire Elon Musk recently called for the elimination of the Consumer Financial Protection Bureau (CFPB), the federal agency that oversees buy-now-pay-later (BNPL) programs. These programs, while marketed as convenient, are pushing many Gen Z consumers into mounting, often insurmountable, debt. Musk’s stance has reignited debates about the importance of consumer protections as BNPL services…
Bitcoin and some stocks with fixed shares outstanding can be compared to a Ponzi scheme in their reliance on continuous inflows of money to sustain and grow their value. While they are not explicitly fraudulent like a Ponzi scheme, they share some structural similarities that make them vulnerable to crashes when the flow of new…
President elect Donald Trump has proposed a bold approach to reshaping trade by implementing substantial tariffs on goods imported from China, Mexico, and Canada. His plan includes a 25% tariff on Chinese imports, a 10% tariff on Mexican goods, and a 5% tariff on Canadian products. The goal is to protect American industries, reduce reliance…
With the incoming administration planning to extend key provisions of the 2017 Tax Cuts and Jobs Act (TCJA), the winners and losers in this tax landscape are becoming clear. While the highest earners stand to benefit significantly, the middle class may find any modest gains offset by rising costs, particularly due to increased tariffs on…
Dreaming of a lifestyle that balances quality and affordability? Whether you’re planning a move or just curious, check out this list of the 10 cheapest states to live in the USA. These states boast low living costs, affordable housing, and excellent opportunities to stretch your dollar. Arkansas Missouri Indiana Kansas Alabama Oklahoma Tennessee Mississippi Iowa…
Retirement marks the beginning of a new chapter, and finding the right city to enjoy it in is crucial. Many retirees seek places that combine affordability with a high quality of life. Here’s a look at the top 10 cities to retire in the U.S. 1. Laredo, Texas 2. Toledo, Ohio 3. Knoxville, Tennessee 4….
Living in a major city often comes with a hefty price tag, but some urban hubs take the cost of living to another level. From sky-high rents to expensive dining and transportation, these cities demand a significant budget to enjoy their vibrant lifestyles and unparalleled opportunities. Whether it’s the bustling streets of New York or…
Scams come in many forms, but they all have one goal: to steal your hard-earned money. Despite warnings and the abundance of information available, people continue to fall for some of these traps. Here’s a look at the top 10 scams that still catch people off guard, along with tips on how to spot and…
Inflation is when the prices of things like food, gas, and clothes go up over time, making it harder for people to afford what they need. Over the past few years, inflation has been a big problem in the United States, and it’s important to understand why that happened and who is to blame. Blaming…
