May 5, 2021

Proposed financial disclosure bills wouldn’t make current lawmakers’ finances public

A new proposal in the Michigan House would compel lawmakers and state officers to disclose their personal financial interests for the first time — but that information wouldn’t be public until after they leave office, an arrangement that if signed into law, would diverge significantly from the 48 other states that currently require financial disclosure.

Michigan has long been an outlier when it comes to identifying and regulating potential financial conflicts of interest for elected officials. It’s one of two states – and the only one with a full-time legislature – with no requirement for state public officials to disclose

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How Much Money Do Millennials Make? It’s No Longer a Taboo Question

When 25-year-old Grace Woodward has friends over to her apartment for the first time, they often react to her striking navy-blue walls by asking, “Did your landlord let you paint?”

Ms. Woodward, a graduate student at Yale Divinity School, says she doesn’t hesitate to tell them that the landlord is her mother. “I’m pretty open with people that my mom owns this and that I don’t pay rent,” says Ms. Woodward, who often goes on to explain that her mother had extra money after the sale of her house in Arlington, Va., in 2017, and was able to pay for

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Why is My Personal Loan APR Different Than the Interest Rate?

Select’s editorial team works independently to review financial products and write articles we think our readers will find useful. We may receive a commission when you click on links for products from our affiliate partners.

Taking out a personal loan can sometimes feel like a whirlwind.

Between submitting your information for a soft pull (otherwise known as getting prequalified) and evaluating loan offers to choose the best one, it’s easy to overlook the many personal loan fees that can get tacked onto the money you borrow.

Just like any kind of loan or credit product, personal loans come with interest

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The Indicator from Planet Money : NPR

KAREN BLEIER/AFP via Getty Images

(KAREN BLEIER/AFP via Getty Images)

KAREN BLEIER/AFP via Getty Images

On the show, we’re joined by Dan Weissmann, the host of “An Arm and a Leg”, a podcast all about the cost of health care. He shared some news about changes to Obamacare that happened recently. Remember how four years ago, the Trump administration made a lot of noise about wanting to get rid of Obamacare? Ultimately, they couldn’t get the votes in Congress to actually do it. Well, it turns out the Biden administration has kind of done the opposite: They actually got Congress to expand a lot of

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Here Are the Top Finance Stories of the Day for May 4

Good morning and welcome to Insider Finance. I’m Dan DeFrancesco, and here’s what’s on the agenda today:

If you’re not yet a subscriber, you can sign up here to get your daily dose of the stories dominating banking, business, and big deals.

Like the newsletter? Hate the newsletter? Feel free to drop me a line at [email protected] or on Twitter @DanDeFrancesco.

Inside the network of dozens of spin-off hedge funds from billionaire New York Mets owner Steve Cohen

steve cohen hedge funds 4x3

Point72; Shayanne Gal/Insider

An Insider review found more than 80 hedge funds connected to Point72 founder Steve Cohen. Big names include

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