Category «Economy»

Half of older U.S. workers are pushed out of longtime jobs before they choose to retire

“A new data analysis by ProPublica and the Urban Institute shows more than half of older U.S. workers are pushed out of longtime jobs before they choose to retire, suffering financial damage that is often irreversible. [h/t Pete Weiss] Many Americans assume that by the time they reach their 50s they’ll have steady work, time …

Subjects: Civil Liberties, Economy, Financial System, Legal Research

Nearly 75% Of Coastal States Aren’t Prepared For Sea Level Rise

Forbes: “…As climate change progresses, storms will increase in strength,  sea levels will rise more rapidly, U.S. coasts will flood more frequently, and shoreline properties will disappear. Each year, $500 million worth of coastal structures are lost as coastlines disappear. The federal government spends nearly $150 million each year to manage the loss of beaches and coastal real estate. Two-thirds of …

Subjects: Climate Change, Economy, Environmental Law, Financial System, Housing

How private equity firms are fueling the housing crisis

New York Magazine – Intelligencer: “Nationwide, single-family homes — white-picketed symbols of the American Dream — are increasingly owned by far-flung investors, with the percentage held by landlords growing from 13 percent nationally to 17 percent between 2008 and 2016, according to the Census Bureau’s American Community Survey. These homes are offered to local residents …

Subjects: Economy, Financial System, Government Documents, Housing

New on LLRX – Will America’s libraries miss out while Harvard grows still richer? Library endowment could help

Via LLRX.com –Will America’s libraries miss out while Harvard grows still richer? Library endowment could help. David Rothman is an indefatigable advocate for a national library endowment. He states: “Just ten Americans are together worth more than half a trillion dollars, and the assets of the top 400 U.S. billionaires added up to a cool …

Subjects: Economy, Education, Financial System, Libraries

How Credit Cards are used to Finance Mass Shootings

How Banks Unwittingly Finance Mass Shootings: “The New York Times reviewed hundreds of documents including police reports, bank records and investigator notes from a decade of mass shootings. Many of the killers built their stockpiles of high-powered weapons with the convenience of credit. No one was watching. Mass shootings routinely set off a national debate …

Subjects: Economy, Financial System, Government Documents, Knowledge Management, Legal Research

In Talks With Elsevier UCLA Reaches for Novel Bargaining Chip

The Chronicle of Higher Education: In Talks With Elsevier, UCLA Reaches for a Novel Bargaining Chip: Its Faculty “…In a letter on Tuesday, campus officials asked faculty members to consider declining to review articles for Elsevier journals until contract negotiations “are clearly moving in a productive direction.” The letter also asked professors to consider publishing …

Subjects: Economy, Education, Knowledge Management, Libraries

OECD Economic Survey of the United States: Key Research Findings

“This volume collects four studies that were prepared as background research to the 2018 OECD Economic Survey of the United States. Using micro-data survey responses, regional and sectorial data, these studies seek to provide insights into how employment responds to labour market disruption and the drivers of household financial vulnerability in the United States. This …

Subjects: Economy, Financial System, Government Documents, Legal Research

The Highest Paid CEOs of 2018

24/7 Wall Street: “Hundreds of CEOs earn eight-figure salaries — at least $10 million — each year. And many pull in even higher salaries, several times that amount. Top-performing — and sometimes less than top-performing — CEOs are rewarded with lucrative contracts that generally include salary, bonuses, stock and options grants, and benefits. In a …

Subjects: Economy, Financial System, Legal Research

Technology has over-saturated us

Axios: “For millennia, technology, in terms of its big-picture impact, was, well, meh. Look at the straight line in the chart — that includes every major invention since the year 1 AD, including the printing press. Then James Watt triggered the Industrial Revolution by reinventing the steam engine, and before you knew it we all …

Subjects: AI, Cybercrime, Economy, Financial System, Internet, Knowledge Management, Recommended Books, Social Media