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By MATTHEW GOLDSTEIN, NICOLE PERLROTH and DAVID E. SANGER “The huge cyberattack on JPMorgan Chase that touched more than 83 million households and businesses was one of the most serious computer intrusions into an American corporation. But it could have been much worse. Questions over who the hackers are and the approach of their attack concern government and industry officials. …
EPIC: Speaking to delegates at the OECD Global Forum for the Knowledge Economy in Tokyo, EPIC President Marc Rotenberg urged OECD member countries to endorse “algorithmic transparency,” the principle that data processes that impact individuals be made public. Mr. Rotenberg explained that companies are too secretive about what they collect and how they use personal data. Mr. …
EIA: “U.S. coal exports have continued to decline from their record volumes in 2012. During the first half of 2014, coal exports totaled 52.3 million short tons (MMst), 16% below the same period in 2013. Most of these exports go to countries in Europe and Asia. Export declines reflect both lower European demand for steam …
Gallup: “In the U.S., entrepreneurs are more likely to be thriving in purpose well-being than other workers (51% vs. 44%, respectively). This is especially true for female entrepreneurs, who are more likely to have strong purpose (56%) than male entrepreneurs (47%) and other female workers (48%). Importantly, these findings hold true even when taking into account …
Rachel Cernansky, Yale environment 360: “An increasing number of sewage treatment plants in the U.S. and Europe are processing food waste in anaerobic biodigesters, keeping more garbage out of landfills, reducing methane emissions, and producing energy to defray their operating costs. In February, trucks from Waste Management, Inc. started working new routes in Los Angeles County, California. …
“This is an annual publication that provides data on payments and payment, clearing and settlement systems in the CPMI countries. This version of the statistical update contains data for 2013 and earlier years. There are detailed tables for each individual country as well as a number of comparative tables. Please note that this publication contains some provisional …
“The Federal Reserve Board on Tuesday announced that it will begin a quantitative impact study (QIS) to evaluate the potential effects of its revised regulatory capital framework on savings and loan holding companies and nonbank financial companies supervised by the Board that are substantially engaged in insurance underwriting activity (insurance holding companies). In July 2013, the …
“Today the U.S. Census Bureau released additional data from the 2012 Economic Census Industry Series reports, including new data for the finance sector on nondepository credit intermediation. These new data showed that: Total nondepository credit intermediation (NAICS code 5222) revenue was $564.5 billion in 2012, an increase of 10.0 percent from the $513.3 billion in revenue generated …
Knowledge@Wharton: “Happy workers make good workers, all to the benefit of the firm and its shareholders. That, at least, is the view on the progressive side of the management-theory spectrum. Others, of course, believe that employees work hardest under the crack of the whip and fear of unemployment. In the early 20th Century, some economists argued that …
“Rixen, Thomas and Zangl, Bernhard, The Politicization of International Economic Institutions in US Public Debates (September 28, 2014). The Review of International Organizations: Volume 8, Issue 3, 2013, pp. 363-387. Available for download at SSRN: http://ssrn.com/abstract=2502520 “Recent research has noted a trend of increased “politicization” of international politics, i.e., decisions of international institutions are increasingly debated …
Labor Force Participation Elasticities of Women and Secondary Earners within Married Couples: Working Paper 2014-06, By Robert McClelland and Shannon Mok, both of CBO, and Kevin Pierce, of the Internal Revenue Service. “Labor supply elasticities are often used to evaluate the effect of changes in tax rates on the total hours worked in the economy. Historically, …
CRS – Dark Pools in Equity Trading: Policy Concerns and Recent Developments. Gary Shorter, Specialist in Financial Economics. Rena S. Miller, Specialist in Financial Economics. September 26, 2014. “The term “dark pools” generally refers to electronic stock trading platforms in which pre-trade bids and offers are not published and price information about the trade is only made public after the trade …
