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“This is the Beta version of a website that we will continue to develop throughout the summer for a full launch expected in August 2014. In development include full custom economic area capability, key features on the region and cluster dashboards, enhanced related cluster visualizations, and additional data. The U.S. Cluster Mapping Project is a national economic …
WSJ – “Who is the highest-paid bank CEO in the U.S.? The bank proxies are all in and SNL Financial has run the numbers and ranked the CEOs by their 2013 total compensation. Wells Fargo CEO John Stumpf received $19.3 million in total compensation to top the list, followed by Capital One‘s Richard Fairbank, who collected $18.3 million. J.P. Morgan Chase & Co. CEO Jamie Dimon, …
“Developing countries are headed for a third consecutive year of disappointing growth below 5 percent, as first quarter weakness in 2014 has delayed an expected pick-up in economic activity, says the World Bank’s latest Global Economic Prospects report, issued on June 10, 2014. In contrast, recovery in high-income countries is gaining momentum, despite first quarter weakness …
Selected residential property price series – The detailed data set of nominal residential property prices consists of around 300 series from 54 countries, collected from national central banks. The data set is updated on a monthly basis. Residential property price developments – fourth quarter of 2013 Long series on nominal residential property prices – “The long series have …
“Congress created the CFPB to stand on the side of consumers and ensure they are treated fairly in the financial marketplace. Since we opened our doors, we’ve been focused on making consumer financial markets work better for the American people, and helping them improve their financial lives. In our fifth Semi-Annual Report, we describe our efforts …
Ezra Klein and Susannah Locke on June 9, 2014 ‘The future of the nations will depend on the manner of how they feed themselves, wrote the French epicurean Jean Anthelme Brillat-Savarin in 1826. Almost 200 years later, how nations feed themselves has gotten a lot more complicated. That’s particularly true in the US, where food insecurity coexists with …
Redesigning the central bank for financial stability responsibilities – Speech by Mr Jaime Caruana, General Manager of the Bank for International Settlements, on the occasion of the 135th Anniversary Conference of the Bulgarian National Bank, Sofia, 6 June 2014. “Central banks are being redesigned to better deal with their financial stability responsibilities – in just five years, over …
“The Federal Deposit Insurance Corporation (FDIC) today announced significant new improvements to the deposit insurance education materials available on the FDIC’s website, www.fdic.gov. The enhancements are designed to improve the accessibility and presentation of deposit insurance information for the general public through organizational changes as well as through the expanded use of explanatory videos and interactive …
“The federal government ran a budget deficit of $439 billion for the first eight months of fiscal year 2014, CBO estimates—$188 billion less than the shortfall recorded over the same span last year and the smallest deficit for those months since fiscal year 2008. Compared with the amounts at this point last year, revenues were …
“Our work force — and families — look different than ever before. Like moms, many dads don’t have access to paid leave or flexible workplaces. And it’s harder than ever for them to balance work and family. Take a look at what that looks like, and then share this if you learned something new.”
Speech by Governor Daniel K. Tarullo – Member, Board of Governors of the Federal Reserve SystemAt the Association of American Law Schools 2014 Midyear Meeting, Washington, D.C. June 9, 2014. “In my remarks this afternoon I will try to further the collaboration between corporate and financial law scholarship by suggesting how the nature of finance and financial regulation affects corporate …
Federal Reserve Bank of New York – David Lucca, Amit Seru, and Francesco Trebbi “Drawing on a large sample of publicly available curricula vitae, this paper traces the career transitions of federal and state U.S. banking regulators and provides basic facts on worker flows between the regulatory and private sectors resulting from the revolving door. We find strong countercyclical …
