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Selling plasma to survive: how over a million American families live on $2 per day by Dylan Matthews on September 2, 2015 – “In early 2011, 1.5 million American households, including 3 million children, were living on less than $2 in cash per person per day. Half of those households didn’t have access to in-kind …
President Obama, Dena’ina Civic and Convention Center Anchorage, Alaska – September 1, 2015: “…Our understanding of climate change advances each day. Human activity is disrupting the climate, in many ways faster than we previously thought. The science is stark. It is sharpening. It proves that this once-distant threat is now very much in the present. …
Big data moves into the collective sphere of farmers who use it now directly to plan and manage all phases of crop production – WSJ.com: “Farmers and entrepreneurs are starting to compete with agribusiness giants over the newest commodity being harvested on U.S. farms—one measured in bytes, not bushels. Startups including Farmobile LLC, Granular Inc. …
Mian, Atif R. and Sufi, Amir and Verner, Emil, Household Debt and Business Cycles Worldwide (September 3, 2015). Available for download at SSRN: http://ssrn.com/abstract=2655804 “A rise in the household debt to GDP ratio predicts lower output growth and higher unemployment over the medium-run, contrary to standard macroeconomic models. GDP forecasts by the IMF and OECD …
401(K) Plans: Clearer Regulations Could Help Plan Sponsors Choose Investments for Participants, GAO-15-578: Published: Aug 25, 2015. Publicly Released: Sep 4, 2015: “Employers who sponsor 401(k) plans report using a range of default investment types to automatically enroll employees in their plans based on each type’s design and other attributes. From 2009 through 2013, the …
Foundations of Financial Well-Being: Insights into the Role of Executive Function, Financial Socialization, and Experience-Based Learning in Childhood and Youth. Journal of Consumer Affairs – Article first published online: 11 MAR 2015. DOI: 10.1111/joca.12068 “During childhood and youth we build the foundations for financial well-being later in life, acquiring the knowledge, skills, attitudes, and personality traits …
BLS News Release: “Total nonfarm payroll employment increased by 173,000 in August, and the unemployment rate edged down to 5.1 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care and social assistance and in financial activities. Manufacturing and mining lost jobs. Household Survey Data – In August, the unemployment …
BEA report: “The U.S. monthly international trade deficit decreased in July 2015 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $45.2 billion in June (revised) to $41.9 billion in July, as exports increased and imports decreased. The previously published June deficit was $43.8 billion. The goods …
Bloomberg – The Unlikely Cities That Will Power the U.S. Economy: “..In San Diego, 9.3 percent of workers hold STEM jobs. The city kickstarted its tech economy by investing in local universities beginning in the 1960s. Durham, N.C., has a STEM labor force that’s 13.9 percent of all workers. Its biotech economy started with a …
Hadzic, Muris and Weinbaum, David and Yehuda, Nir, News Content, Investor Misreaction, and Stock Return Predictability (September 2015). Available for download at SSRN: http://ssrn.com/abstract=2653920 “Using a large dataset of news releases, we study instances of investors’ mistaken reaction, or misreaction, to news. We define misreaction as stock prices moving in the direction opposite to the …
National Inter Agency Fire Center, September 2, 2015: “The majority of the large fire activity continues throughout Idaho, Montana and Washington. Nationally, 56 large fires burned 1,961,095 acres. No new large fires were reported and one fire was contained in Texas….Year to date statistics for 2015 – Fires: 43,819 – and acres consumed 8,202,557. Washington …
This posting from Census is replete with facts and figures on the 2015-2016 school year – “Summertime is winding down and vacations are coming to an end, signaling that back-to-school time is here. It’s a time that many children eagerly anticipate — catching up with old friends and making new ones, and settling into a …
