Finance

The ‘Netflix of Financial Content’ Is Going Public Via a SPAC

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Traders on the floor of the New York Stock Exchange as SPAC shares are priced.


NYSE

There are more than 60 million self-directed investors in the U.S. by one count. That retail crowd is only getting more active and, well, invested in their investments. For those interested in going beyond their social media feeds for actionable advice on how to make their money grow, there is a cottage industry of newsletter writers, commentators, and analysts who sell access to their insights on a subscription basis.

Beacon Street Group wants to be a giant in that field. It announced

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Why The Coronavirus Did Not Bring The Financial Rout That Many States Feared

In his survey, Peter DeGroot, head of municipal research and strategy at J.P. Morgan, found a handful of states, including Idaho, South Dakota and New Mexico, that managed to take in even more money last year than in 2019. The survey also identified several states where tax revenues have not yet bounced back because they depend heavily on tourism, oil and gas, or coal extraction — among them Hawaii, Nevada, Florida, Texas and West Virginia.

Ms. Sheiner’s analysis showed that Idaho had the biggest revenue recovery of any state. She conducted her research with Byron Lutz,

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Should You Finance an RV or Tiny Home?

RV manufacturers have been busy. With many companies sending employees to work from home during the pandemic, more Americans are moving out of crowded cities, abandoning cramped offices and apartments for big skies, open meadows and more affordable real estate.

The housing market will be changed, potentially for years to come. But while a New Yorker might be able to buy a single family home in, say, East Tennessee, for less than what they spend for a studio apartment in Manhattan, many of these big-city drop-outs aren’t opting for larger dwellings.

According to a January 2021 report, the RV

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Prosecutors Investigating Trump Focus on His Finance Chief

State prosecutors in Manhattan who are investigating former President Donald J. Trump and his family business are sharpening their focus on the company’s long-serving chief financial officer, asking witnesses questions about his dealings at the company, according to people with knowledge of the matter.

The increased focus on the executive, Allen H. Weisselberg, could step up pressure on him to cooperate with the investigation if the prosecutors unearth evidence of wrongdoing on his part. He has served as the Trump Organization’s financial gatekeeper for more than two decades and could be a vital source of information for the government about

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‘It’s instant, it’s ferocious’: A 40-year veteran on mining and finance

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It’s the speed of the industry that John Skinner notices most when remarking on changes in mining and finance.

On Friday Skinner was a guest on Kitco Roundtable podcast with correspondent Paul Harris and mining audiences manager, Michael McCrae.

Skinner has been in and out of the resource sector since starting his career in the mid ‘80s at Yorkton Securities.

“The thing I’ve noticed since I was in the industry is just how different and how much faster everything happens because of social media. You used to

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The Federal Reserve Is Financing Future Debt Problems



Illustration:

Chad Crowe

Economists John Greenwood and Steve H. Hanke ably sound the alarm in “The Money Boom Is Already Here” (op-ed, Feb. 22). Too many have looked away as the Federal Reserve prints dollars by another name: quantitative easing. While the authors rightly describe the profound implications of the massive surge in M2 from the money that has already been spent, they neglected to mention the implications for the pending $1.9 trillion in Covid spending that President Biden and many at Treasury and the Fed have requested. Follow their logic and understand the

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