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EU: “The USA remains the EU’s top trading partner and export market. The EU and US economies account for about half the entire world’s GDP, and for nearly a third of world trade flows. The European Commission reported in 2016 that over 10 million European jobs depend on exports to the USA. This Infographic provides …
24/7 Wall St: Where You’ll Pay the Most in Electric Bills – From powering kitchen appliances to leaving a light on at night to getting on the internet, electricity is at the center of many of modern life’s most basic functions. However, the cost of electricity is not fixed nationwide and running a refrigerator could …
Quartz – “The robots on the other side of the customer support line could soon start to sound a lot more human. Google is reportedly shopping its Duplex AI system around as a tool for call centers, according to The Information, including a large insurance company. Duplex would handle simple calls for the insurance company, …
News release: “Today [July 3, 2018], Senate Select Committee on Intelligence Chairman Richard Burr (R-NC) and Vice Chairman Mark Warner (D-VA) released the Committee’s unclassified summary of its initial findings on the Intelligence Community Assessment (ICA) on Russian activities in the 2016 U.S. elections. The Committee finds that the overall judgments issued in the ICA …
Washington Post [paywall]: “Two new reports show how hard it is for women to shoot through Uncle Sam’s glass ceiling, even when they carry guns. Studies by the Equal Employment Opportunity Commission and the Justice Department’s inspector general demonstrate that in federal public safety and law enforcement occupations, it’s still a man’s world — and men …
“The share of teens with summer jobs has plunged since 2000, and the type of work they do has shifted. As recently as the turn of the 21st century, roughly half of U.S. teens could expect to spend at least part of their summer vacation lifeguarding, dishing up soft-serve ice cream, selling T-shirts or otherwise …
MIT Technology Review – Martin Giles: “Facebook, Amazon, and Google will resist attempts to restrain their market power. But for the sake of our collective prosperity and our personal privacy, it’s a fight we can’t afford to lose…With over two billion users, the company is the colossus of social networking, dwarfing rivals like Twitter and …
“Axios has obtained a leaked draft of a Trump administration bill [scroll down to see the text of the bill embedded in this article as referenced] — ordered by the president himself — that would declare America’s abandonment of fundamental World Trade Organization rules. The draft legislation is stunning. The bill essentially provides Trump a …
Bloomberg – Walmart, Samsung, Koch Industries and Hermes have built some of the biggest fortunes to ever be handed down between generations. “From Mars bars to Hermes scarves, supermarkets to hotels and data firms to drug makers, the source of this wealth is varied and its scale is startling: more than the market cap of …
Bloomberg: Carbanak’s suspected ringleader is under arrest, but $1.2 billion remains missing, and his malware attacks live on. “Since late 2013, this band of cybercriminals has penetrated the digital inner sanctums of more than 100 banks in 40 nations, including Germany, Russia, Ukraine, and the U.S., and stolen about $1.2 billion, according to Europol, the …
Text as Data – Matthew Gentzkow, Stanford; Bryan T. Kelly, Yale and AQR Capital Management; Matt Taddy, Chicago Booth: “An ever increasing share of human interaction, communication, and culture is recorded as digital text. We provide an introduction to the use of text as an input to economic research. We discuss the features that make …
The Scholarly Kitchen: “Today, in looking at the scholarly publishing sector, equity markets are focused on the European national-level consortial negotiations. If analysts are not surprised at the strong rhetoric about cancelling Big Deal packages that has emerged from the university sectors, they are troubled to see entire nations actually canceling their licenses. They have …
