Are Colleges and Universities Meeting the Online Learning Challenge?

Online learners deserve the same engaging experience as traditional learners — and colleges have good reason to make it happen. As we all know, a college education isn’t cheap. For institutions of higher learning, there is a massive opportunity to expand potential enrollment to students who might not have the time or financial resources to attend brick-and-mortar […]

U.S. Bank to cut thousands of branch workers in digital push

U.S. Bancorp is eliminating thousands of branch workers as it adjusts to changing customer preferences, according to a person briefed on the decision. The cuts will be in the low thousands, the person said, asking not to be identified because the number isn’t public. In a memo seen by Bloomberg, Chief Executive Andy Cecere said […]

The Stock Market and Bank Risk-Taking

30 NOV 2016WORKING PAPER SUMMARIES The Stock Market and Bank Risk-Taking by Antonio Falato and David ScharfsteinIt is clear that risk-taking by financial institutions is one of the main causes of financial crises and severe recessions. Yet we know relatively little about what gives rise to such risk-taking in the first place. This paper presents […]

The Economic Effects of Private Equity Buyouts

Private equity buyouts are a major financial enterprise that critics see as dominated by rent-seeking activities with little in the way of societal benefits. This study of 6,000 US buyouts between 1980 and 2013 finds that the real side effects of buyouts on target firms and their workers vary greatly by deal type and market […]

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