Author: super@dmin
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The Wall Street Journal: TPG fires top exec Bill McGlashan over alleged role in college admissions scam
Private-equity firm TPG ousted William McGlashan Jr., founder of its growth investment unit and head of the firm’s impact investment team, on Thursday after he was charged in this week’s wide-ranging criminal college admissions scandal.
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Cryptos: Tether reverses claim of 100% dollar backing, sparking criticism
Tether is back in the headlines after the company updated its terms and conditions to suggest its dollar-pegged digital currency may not be 100% backed by traditional currencies — a claim it had repeatedly stood by in the past.
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In One Chart: This chart shows bad loans for Italian banks are dropping like a stone
Investors concerns around bad loans in Italian banks should diminish, according to this chart
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The parents in the college admissions scandal cheated their kids out of learning grit
Students with more grit are more likely to show higher levels of self-control, resilience, and mental well-being, research shows.
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Americans have some disturbing misconceptions about their financial advisers
When it comes to money, we’re ripe for the plucking.
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The Tell: What ‘small-cap cryptos’ are telling us about the broader market
In equity markets, analysts regularly turn to small-cap stocks for a barometer of the overall state of the market. Now, participants in a lesser-known asset class believe the small-cap analysis is not just a stock-based theory.
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Why aren’t Americans saving? They just haven’t gotten around to it, survey shows
The economy may be improving, but apparently that doesn’t mean Americans are saving.
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Encore: People need to use their home equity in retirement
But the step-up in basis at death for income taxation acts as a disincentive
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How listening to Kenny G could make you rich
Easy listening music makes it easier to take smart financial risks, new research suggests.
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Metals Stocks: Gold pulls back from March high to edge back below $1,300 an ounce
Gold retreats Thursday, giving back gains scored a day earlier to trade back below the $1,300-an-ounce level as the U.S. dollar regains its footing.