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FDIC Releases Economic Scenarios for 2015 Stress Testing

“The Federal Deposit Insurance Corporation (FDIC) today released the economic scenarios that will be used by certain financial institutions with total consolidated assets of more than $10 billion for stress tests required under the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. The baseline, adverse, and severely adverse scenarios include key variables that reflectContinue Reading

2014 Current and Emerging Global Themes: China report

TowersWatson – 2014 Current and Emerging Global Themes – Employee Benefits: A Headquarters Perspective – China Report As Chinese multinationals ramp up their global expansion, they are paying increasing attention to developing, managing and retaining global talent. Half of Chinese multinationals are at the initial stages of their global benefit management journey. Chinese multinationals need to consider takingContinue Reading

Potential for Predictive Analytics and Rapid-Cycle Evaluation to Improve Program Development and Outcomes

The Hamilton Project: “Public administrators have always been interested in identifying cost-effective strategies for managing their programs. As government agencies invest in data warehouses and business intelligence capabilities, it becomes feasible to employ analytic techniques used more-commonly in the private sector. Predictive analytics and rapid-cycle evaluation are analytical approaches that are used to do more than describe the current status of programs:Continue Reading

American Community Survey: 2011-2013

“The U.S. Census Bureau today released the second of its annual series of data sets from the American Community Survey, this one combining the three years of data collected between 2011 and 2013. The statistics paint a detailed portrait of the nation, all states, and the District of Columbia, all congressional districts and all otherContinue Reading

Regional and State Employment and Unemployment Summary – September 2014

BLS news release: “Regional and state unemployment rates were generally little changed in September. Thirty-one states had unemployment rate decreases from August, 8 states had increases, and 11 states and the District of Columbia had no change, the U.S. Bureau of Labor Statistics reported today. Forty-two states and the District of Columbia had unemployment rateContinue Reading

So Little Paper to Chase in a Law Firm’s New Library – NYT

New York Times, David W. Dunlap: “The law firm Kaye Scholer left a lot behind when it moved this month from 425 Park Avenue, where it had been since 1957, into new quarters at 250 West 55th Street. It left behind offices that had served giants like Milton Handler, one of whose students, Justice Ruth Bader Ginsburg,Continue Reading

Tuition costs of colleges and universities

National Center for Education Statistics (NCES) Fast Facts: “What are the trends in the cost of college education? Response: For the 2011–12 academic year, annual current dollar prices for undergraduate tuition, room, and board were estimated to be $14,300 at public institutions, $37,800 at private nonprofit institutions, and $23,300 at private for-profit institutions. Between 2001–02 and 2011–12, pricesContinue Reading

Wastebook 2014: What Washington doesn’t want you to read

“Wastebook 2014 — the report Washington doesn’t want you to read —reveals the 100 most outlandish government expenditures this year, costing taxpayers billions of dollars.” The Fiscal Times – Coburn’s 2014 Wastebook: A $25 Billion Taxpayer Loss

U.S. Energy-Related Carbon Dioxide Emissions, 2013

U.S. ENERGY-RELATED CARBON DIOXIDE EMISSIONS INCREASED 2.5% IN 2013 “Energy-related carbon dioxide emissions (CO2) increased from 5,267 million metric tons (MMmt) in 2012 to 5,396 MMmt in 2013 (2.5%). The 2013 increase was largely the result of colder weather leading to an increase in energy intensity (energy measured in Btu per dollar of gross domesticContinue Reading

The impact of liquidity regulation on banks

Ryan Banerjee and Hitoshi Mio, Working Papers No 470. October 2014: “To the best of our knowledge, this is the first study to estimate the effect of liquidity regulation on bank balance sheets. It takes advantage of the fact that not all banks were made subject to tighter liquidity regulation by the UK Financial Services Authority (FSA)Continue Reading

New GAO Report – Individual Retirement Accounts

Preliminary Information on IRA Balances Accumulated as of 2011 [Reissued on October 22, 2014]. GAO-14-878T: Published: Sep 16, 2014. Publicly Released: Sep 16, 2014. “For tax year 2011 (the most recent year available), an estimated 43 million taxpayers had individual retirement accounts (IRA) with total reported fair market value of $5.2 trillion. About 99 percent ofContinue Reading

New Environmental Report Documents Fracking’s Toxic Loophole

News release: “Despite a federal ban on the use of diesel fuel in hydraulic fracturing without a permit, several oil and gas companies are exploiting a Safe Drinking Water Act loophole pushed through by Halliburton to frack with petroleum-based products containing even more dangerous toxic chemicals than diesel. For example, a drilling company in West TexasContinue Reading