Corporate-bond trades have shrunk to the smallest in a year, exchanging hands in chunks that have contracted 39 percent from before the credit crisis in another sign of a dealer pullback that threatens to drive up borrowing costs.
College-admissions officers are increasingly looking at information on applicants that has nothing to do with grade-point averages, SAT scores or extracurricular work. They want to know if a young person is going to make trouble or shows signs of bad behavior that could lead to bad publicity or a legal investigation.
Karen McNeill, Ph.D., used to teach history at the University of California, Berkeley. In June, she took a job as head of family history with Ascent Private Capital Management, a new unit of U.S. Bancorp that manages the affairs of ultra-wealthy families.