What 'Compassion' Isn't

The Best Money Advice Of All Time Authored by Ellen Chang, Kerri Anne Renzulli, and Chris Taylor via Kiplinger’s Personal Finance, Financial advice is everywhere these days. In the digital age, you can find insights and tips about how best to save, invest, and manage your money from adviser and financial services websites; YouTube, TikTok, and other social media platforms; podcasts, newsletters, and Substacks; and your 401(k) provider, among other outlets. The challenge is figuring out the very best advice you could get for your circumstances. Dreamstime/TCA Then there are all the traditional sources, such...

US Southern Command said on Wednesday that its forces bombed another alleged drug-running boat in the Eastern Pacific Ocean as the Trump administration continues the extra-judicial executions at sea. SOUTHCOM said the strike killed two male “narco-terrorists,” a term the Trump administration has adopted in its attempts to justify killing people for an alleged crime […]

Gundlach Warns "Bagholders" Will "Lose Money" In Private Credit As BDCs Slash Asset Values, JPM Faces $500MM Loss In Biggest "Hung" Deal This Year Add another vocal warning to the chorus singing about the dangers of private credit.  DoubleLine CEO Jeffrey Gundlach, who has been especially critical of private credit for the past year warning last November that the space “has the same trappings as subprime mortgage repackaging had back in 2006,” raised fresh concerns about financial advisers and other principals who ushered retail investors into private credit and other so-called...