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“This Spotlight on Statistics provides an overview of occupational employment and wages in May 2013, with an emphasis on STEM jobs and occupational data by required entry-level education.” Published August 2014. “United States workers held over 130 million jobs in May 2013—but what kind of jobs were they? Over 21 million were office and administrative …
A meeting of the Federal Open Market Committee was held in the offices of the Board of Governors of the Federal Reserve System in Washington, D.C., on Tuesday, July 29, 2014, at 10:00 a.m. and continued on Wednesday, July 30, 2014, at 9:00 a.m. [snipped from the release] Staff Review of the Economic Situation” The information …
“Attorney General Eric Holder and Associate Attorney General Tony West announced today that the Department of Justice has reached a $16.65 billion settlement with Bank of America Corporation – the largest civil settlement with a single entity in American history ¬— to resolve federal and state claims against Bank of America and its former and …
IMF Working Paper – Monetary and Capital Markets Department – The Effects of Unconventional Monetary Policies on Bank Soundness. Prepared by Frederic Lambert and Kenichi Ueda. Authorized for distribution by Gaston Gelos. August 2014. “Unconventional monetary policy is often assumed to benefit banks. However, we find little supporting evidence. Rather, we find some evidence for heightened medium-term risks. First, in …
Federal Reserve Bank of New York: Thomas Klitgaard and Preston Mui, August 20, 2014 “The United States has been borrowing from the rest of the world since the mid-1980s. From 2000 to 2008, this borrowing averaged over $600 billion per year, which translates into U.S. spending exceeding income by almost 5.0 percent of GDP. Borrowing fell during the …
News release: “Today, the U.S. Department of Agriculture (USDA) released its annual report, Expenditures on Children by Families, also known as the Cost of Raising a Child. The report shows that a middle-income family with a child born in 2013 can expect to spend about $245,340 ($304,480 adjusted for projected inflation*) for food, housing, childcare and …
Telemarketing Regulation: National and State Do Not Call Registries. Kathleen Ann Ruane, Legislative Attorney. August 14, 2014 “Today, it is axiomatic that telemarketers in the United States generally are not permitted to place outgoing telemarketing calls to phone numbers on the national do not call list, unless an exception applies. This was not always the case, however. The …
“RegData [beta], developed by Patrick A. McLaughlin, Omar Al-Ubaydli, and the Mercatus Center at George Mason University, improves dramatically on the existing methods used to quantify regulations. Previous efforts to assess the extent of regulation in the United States have used imprecise variables such as the number of pages published in the Federal Register or …
CFPB – “Whether you’re one of the millions of workers who pay Social Security taxes or the 50 million retired Americans and dependents who receive benefits, it’s good to keep track of your Social Security benefits. National My Social Security Week takes place August 17 to 23 — the perfect time to take a step toward creating …
CFPB – “Parents are the strongest influence on how kids learn and think about money, and the back-to-school shopping season is a great time for some major money lessons.This year, try thinking differently about back-to-school shopping. While you plan and shop, say what you’re doing—your children are listening. You don’t have to give lectures. Just make …
Calabresi, Guido, A Broader View of the Cathedral: The Significance of the Liability Rule, Correcting a Misapprehension (August 15, 2014). Law and Contemporary Problems, Vol. 77, No. 2, 2014. Available for download at SSRN: http://ssrn.com/abstract=2481211 “Recent years have seen a resurgence of Torts viewed as a purely private legal arrangement: whether described in terms of compensatory …
Wu, Mark and Salzman, James, The Next Generation of Trade and Environment Conflicts: The Rise of Green Industrial Policy (August 15, 2014). Northwestern University Law Review, Vol. 108, No. 2, 2014. Available for download at SSRN: http://ssrn.com/abstract=2481209 “A major shift is transforming the trade and environment field, triggered by governments’ rising use of industrial policies …
