SPAC ATTACK
Out of the 450 IPOs (Initial Public Offerings) that occurred across all US markets in 2020, 55% were Special Purpose Acquisition Company or “SPAC” IPOs. In 2021, the SPAC craze has reached new heights, with SPACs accounting for 78% of all IPOs (SPAC Analytics n.d.).
How Stock Influencers Are Revolutionizing Individual Investing
Gone are the days of Warren Buffet, Bill Miller, and Peter Lynch, who encouraged young investors to stay up to date on shareholder letters and read educational investing books. Today, “Wall Street gurus,” like Dave Portnoy, have little to no financial reasoning behind their irrational investments and instead rely on their humorous efforts to capture the hearts and minds of young investors.
The Travel Industry’s Road to Recovery
For my part, I travel not to go anywhere, but to go. I travel for travel’s sake. The great affair is to move.
OOPS! Can We Get That $900 Million Back?
In August 2020, Citigroup accidentally wired $900 million to the lenders of the cosmetic brand Revlon Inc. while trying to transfer a $7.8 million interest payment that was owed on a 2016 loan.
Why I’m Worried About The Gig Economy & Why You Should Be Too
It is inhumane to only pay employees for the time they are actively interfacing with customers or completing tasks, only compensating them for a portion of the total time they are mandated to be ostensibly ‘at work’.
COVID-19: The Great Equalizer
A rise in unemployment, a decline in women’s economic success, and an uncertain future will only further contribute to a tense political atmosphere.