Articles by Lydia O'Neal

Lydia is a reporter on the Political Capital Team from Philadelphia and an Emory University graduate in French and economics. Previously an IBTimes breaking news writer specializing in business, she has written for CNN, Consumer Reports, the Philadelphia Inquirer, and the Allentown Morning Call.

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Panamanian Finance Minister Reflects On Tax Haven Scandal

A year and a half after the Panama Papers leak hit headlines across the globe, the country's finance minister sat down with IBT to discuss what his department has been doing since then to clean up Panama's reputation on the world stage and keep the use of secretive tax havens in check.

Private Equity Firm Solidifies Ties To Obama Administration

Years after the Obama administration's EPA adjusted its renewable energy laws to favor the refinery owned by private equity firm Carlyle Group, the former president made a stop at the company's recent conference as part of his paid speaking tour this year.

What Equifax Knew About The Company’s Risks

In financial filings before the hack, Equifax expressed worries of a data breach, and the possibility that the company’s "insurance may not be adequate to compensate us" for an associated business loss.

How Tax Evasion Makes Inequality Worse

Using the notorious Panama Papers and a similar leak of information on clients of the British bank HSBC, researchers in the U.S. and Scandinavia found that the wealthier households are, the more likely they are to hide money in nations like Switzerland and the Cayman Islands — making inequality appear less extreme than it is in reality.

Why Colleges Still Prefer Legacies

Daniel Golden — the author of "The Price of Admission," which pointed out the somewhat sketchy history of Jared Kushner's Harvard acceptance — spoke to IBT about the repercussions of preferential treatment for legacy students, in light of a recent eyebrow-raising survey from the university's newspaper.

Unmarried... With Children, And Paying For It

Millennials are having children prior to or even without marriage at historically high rates, and while greater cultural acceptance of different lifestyles may be a good thing, foregoing matrimony in a less-than-favorable economic environment may not be.