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A recent New York Fed study, Key Mechanics of the U.S. Tri-Party Repo Market [Adam Copeland, Darrell Duffie, Antoine Martin, and Susan McLaughlin, Octoer 1, 2012] provides a primer on the issues and key mechanics that have contributed to the markets fragility and proved an obstacle to industry reform efforts. In the report, the authors …
News release: “The Consumer Financial Protection Bureau (CFPB) today announced an enforcement action with orders requiring three American Express subsidiaries to refund an estimated $85 million to approximately 250,000 customers for illegal card practices. This action is the result of a multi-part federal investigation which found that at every stage of the consumer experience, from …
News release: “In 2010, working-age adults made an average of 3.9 visits to doctors, nurses or other medical providers, down from 4.8 in 2001, according to a report released today by the U.S. Census Bureau. Among those with at least one such visit, the average number of visits also declined, from 6.4 to 5.4 over …
News release: “The Federal Trade Commission issued revised Green Guides that are designed to help marketers ensure that the claims they make about the environmental attributes of their products are truthful and non-deceptive. The revisions to the FTCs Green Guides reflect a wide range of public input, including hundreds of consumer and industry comments on …
Solar Energy – Federal Initiatives Overlap but Take Measures to Avoid Duplication, GAO-12-843, Aug 30, 2012 Batteries and Energy Storage – Federal Initiatives Supported Similar Technologies and Goals but Had Key Differences, GAO-12-842, Aug 30, 2012 Ambulance Providers – Costs and Medicare Margins Varied Widely; Transports of Beneficiaries Have Increased, GAO-13-6, Oct 1, 2012
Rich McCue: “In addition to the technology questions weve been asking UVic Law students over the past ten years, we decided for the first year to ask more detailed questions about student use of tablets and e-readers for academic use, along with questions about their usage of cloud services for file storage and collaboration. This …
“With ever-expanding global markets, international labor statistics have assumed a greater role in assessing the relative performance of individual economies and in influencing both national and international policy decisions. However, direct comparisons of statistics across countries can be misleading because concepts and definitions often differ. To improve the comparability of international labor statistics, the International …
“Over the past three decades, employment opportunities in both the United States and the New York-northern New Jersey region have become increasingly polarized into high- and low-skilled jobs, according to a recent New York Fed study. Technological advances and globalization have created new jobs for workers at the high end of the skill spectrum and …
Use of Financial Services by the Unbanked and Underbanked and the Potential for Mobile Financial Services Adoption – Matthew B. Gross, Jeanne M. Hogarth, and Maximilian D. Schmeiser, Federal Reserve Board, September 24, 2012. “The increased use of mobile devices coupled with the evolution of technologies that enable consumers to conduct financial transactions using mobile …
Michael Stratford, Chronicle of Higher Education: “The percentage of borrowers defaulting on their federal student loans within two years of beginning repayment rose again last year, though some default measurements appear to have stagnated, according to government data released on Friday. Of borrowers who entered repayment from October 1, 2009, to September 30, 2010 (the …
