Category «Economy»

GAO Report on Government Efficiency and Effectiveness

Government Efficiency and Effectiveness: Opportunities to Reduce Fragmentation, Overlap, and Duplication and Achieve Other Financial Benefits, GAO-16-579T: Published: Apr 13, 2016. Publicly Released: Apr 13, 2016: “GAO’s 2016 annual report identifies 92 new actions that Congress and executive branch agencies could take to improve the efficiency and effectiveness of government in 37 areas. GAO identifies …

Subjects: Congress, Economy, Financial System, Government Documents, Knowledge Management

Goldman Sachs Agrees to Pay More than $5B in Connection with Sale of Residential Mortgage Backed Securities

DOJ news release, April 11, 2016: “The Justice Department, along with federal and state partners, announced today a $5.06 billion settlement with Goldman Sachs related to Goldman’s conduct in the packaging, securitization, marketing, sale and issuance of residential mortgage-backed securities (RMBS) between 2005 and 2007.  The resolution announced today requires Goldman to pay $2.385 billion …

Subjects: Congress, Economy, Financial System, Government Documents, Housing, Legal Research, Legislation

FTC, DOJ Issue Joint Statement on Preserving Competition in the Defense Industry

“The Federal Trade Commission and the Department of Justice today issued a joint statement reaffirming the importance of preserving competition in the defense industry. The statement describes the agencies’ framework for analyzing defense industry mergers and acquisitions and emphasizes that the antitrust agencies work closely with the Department of Defense, which is in a unique …

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

Searching for Fair Housing

Fennell, Lee Anne, Searching for Fair Housing (April 10, 2016). Boston University Law Review, Forthcoming. Available for download at SSRN: http://ssrn.com/abstract=2762026 “There is a blind spot in the scholarly and legal treatment of housing discrimination: the racial biases of home seekers. Search strategies routinely incorporate information about neighborhood racial composition, either as a proxy or …

Subjects: Civil Liberties, Economy, Financial System, Housing

FACT SHEET: On Equal Pay Day, President Obama to Designate National Monument Honoring Women’s Equality

“On Equal Pay Day, April 12, 2016, President Obama will designate a new national monument at a historic location in Washington, D.C., to honor the movement for women’s equality. The new Belmont-Paul Women’s Equality National Monument will protect the iconic house that has served as the headquarters for the National Woman’s Party since 1929. From …

Subjects: Civil Liberties, Economy, Government Documents

Updates to Census Business Builder: Small Business Edition

“The latest update to the Small Business Edition includes the addition of American Community Survey statistics, new features including a new data dashboard and performance improvements. An update to the Regional Analyst Edition will be available later this month. Four new American Community Survey statistics were added based on user feedback: Percentage of workers using …

Subjects: Economy, Financial System, Government Documents

GAO Report – Nonbank Mortgage Servicers

Nonbank Mortgage Servicers: Existing Regulatory Oversight Could Be Strengthened, GAO-16-278: Published: Mar 10, 2016. Publicly Released: Apr 11, 2016: “The share of home mortgages serviced by nonbanks increased from approximately 6.8 percent in 2012 to approximately 24.2 percent in 2015 (as measured by unpaid principal balance). However, banks continued to service the remainder (about 75.8 …

Subjects: Economy, Financial System, Government Documents, Housing

Pew – Planning for responsible shipping in Canada’s Arctic waters

Via Pew Charitable Trusts: “The world is looking to Canada’s Arctic Ocean for the promise of faster and cheaper intercontinental shipping and unexploited natural resources. The Arctic ice is melting because of climate change, which is creating a longer shipping season and has already resulted in vessel traffic increases of 166 percent through the Canadian …

Subjects: Economy, Environmental Law, Financial System, Government Documents, Transportation

World military spending resumes upward course, says SIPRI

(Stockholm, 5 April 2016) “World military expenditure totalled almost $1.7 trillion in 2015, an increase of 1 per cent in real terms from 2014, according to new figures from the Stockholm International Peace Research Institute (SIPRI). The data is being released to coincide with the start of the Stockholm Forum on Security and Development. The …

Subjects: Civil Liberties, Defense, Economy, Financial System, Government Documents, Legal Research

Profits from cloud computing ring up billions in micro charges

Billing by Millionths of Pennies, Cloud Computing’s Giants Take In Billions by Quentin Hardy – “This economics of tiny things demonstrates the global power of the few companies, including Amazon, Microsoft and Google, that can make fortunes from the small..Amazon Web Services…Andrew R. Jassy, the senior vice president of Amazon Web Services. The per-millionth pricing …

Subjects: E-Commerce, Economy, Internet

Analytic Research Foundations for the Next-Generation Electric Grid

“Electricity is the lifeblood of modern society, and for the vast majority of people that electricity is obtained from large, interconnected power grids. However, the grid that was developed in the 20th century, and the incremental improvements made since then, including its underlying analytic foundations, is no longer adequate to completely meet the needs of …

Subjects: Economy, Energy, Government Documents, Knowledge Management