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Category Archives: Economy

Wealth inequality has widened along racial, ethnic lines since end of Great Recession

Pew – Racial, Ethnic Wealth Gaps Have Grown Since the Great Recession “The Great Recession, fueled by the crises in the housing and financial markets, was universally hard on the net worth of American families. But even as the economic recovery has begun to mend asset prices, not all households have benefited alike, and wealthContinue Reading

OECD Pensions Outlook 2014

OECD Pensions Outlook 2014 “This 2014 edition of the OECD Pensions Outlook examines the ever-changing pensions landscape. It looks at pension reform, the role of private pensions and retirement savings. Population ageing and longevity risk is examined as are the means of increasing coverage and providing automatic enrolment. The volume is rounded out by aContinue Reading

2014 Livability Index of the 35 best cities for people 35 and under

The Livability Index: The 35 Best U.S. Cities For People 35 and Under  Our semi-exhaustive, largely scientific guide to America’s most livable cities, updated for 2014 “To reach our top 35, we started with the 100 most populous cities in America and used open-source Internet data to measure vital stats like salary and employment rates,Continue Reading

Why U.S. Women Are Leaving Jobs Behind

Why U.S. Women Are Leaving Jobs Behind  By CLAIRE CAIN MILLER and LIZ ALDERMAN “The work force participation of American women has declined, as it has for men. But their situation is often quite different.”

Gallup – In U.S., Standard of Living Ratings Improving in 2014

News release: “In line with a recent raft of good economic news — including robust gross domestic product growth in the third quarter and November’s strong jobs report — nearly six in 10 Americans said in November that their standard of living was getting better (58%). This is close to the highest monthly value inContinue Reading

New GAO Report – College and Career Readiness, Health Care, Hurricane Sandy, Aviation Securrity

College-and-Career Readiness: States Have Made Progress in Implementing New Standards and Assessments, but Challenges Remain, GAO-15-104R: Published: Dec 12, 2014. Publicly Released: Dec 12, 2014. Grant Program Consolidations: Lessons Learned and Implications for Congressional Oversight, GAO-15-125: Published: Dec 12, 2014. Publicly Released: Dec 12, 2014. Grants Management: Programs at HHS and HUD Collect Administrative Cost Information butContinue Reading

CFPB Spotlights Concerns with Medical Debt Collection and Reporting

“…the Consumer Financial Protection Bureau (CFPB) released a report that found medical debt has a significant impact on consumer credit, as 43 million Americans have overdue medical debt on their credit reports. The CFPB is concerned that the systems for incurring, collecting, and reporting medical debt can create difficult challenges for consumers. To better addressContinue Reading

The Vanishing Male Worker – NYT

The Vanishing Male Worker: How America Fell Behind, by Binyamin Appelbaum: “Working, in America, is in decline. The share of prime-age men – those 25 to 54 years old – who are not working has more than tripled since the late 1960s, to 16 percent…Many men, in particular, have decided that low-wage work will notContinue Reading

Web Index Annual Report 2014

WebIndexReport 2014-15 “Growing inequality is one of the defining challenges of our time. What role can the World Wide Web play in tackling it? Seven out of 10 people live in countries where the gap between rich and poor is greater than it was 30 years ago, according to Oxfam research. In some countries these disparitiesContinue Reading

Revisions to the securitisation framework

“The Basel Committee on Banking Supervision’s revisions to the securitisation framework aim to address a number of shortcomings in the Basel II securitisation framework and to strengthen the capital standards for securitisation exposures held in the banking book. This framework, which will come into effect in January 2018, forms part of the Committee’s broader BaselContinue Reading

Criteria for identifying simple, transparent and comparable securitisations

“The Basel Committee on Banking Supervision (BCBS) and the International Organization of Securities Commissions (IOSCO) released today a consultative document on Criteria for identifying simple, transparent and comparable securitisations. The purpose of these criteria is to identify – and to assist the financial industry’s development of – simple, transparent and comparable securitisations structures, as well as to helpContinue Reading

SIGAR High Risk List

Special Inspector General for Afghanistan Reconstruction December 2014 “SIGAR’s experience in Afghanistan, as well as the experience of other oversight agencies, has shown that there are several sources of risk in implementing reconstruction programs in Afghanistan. These include (but are not limited to): • limited institutional and human-capital capacity in Afghan institutions • operational demands and constraints imposed by anContinue Reading