Category «Economy»

Supplemental Measure of Poverty Remains Unchanged

Census news release: “The nation’s poverty rate was 16.0 percent in 2012, unchanged from 2011, according to the supplemental poverty measure released today by the U.S. Census Bureau. The 2012 rate was higher than the official measure of 15.0 percent. The official poverty rate in 2012 was also not significantly different from the corresponding rate …

Subjects: Economy, Financial System, Government Documents

News – First Global Census Shows Record of 2,170 Billionaires Worldwide

News release: “The inaugural Wealth-X and UBS Billionaire Census 2013, released today, reveals that the global billionaire population reached a record 2,170 individuals in 2013 and total billionaire wealth in Asia surged nearly 13 percent, making it the fastest-growing region. At current growth rates, the Wealth-X and UBS Billionaire Census 2013, the first-ever comprehensive global …

Subjects: Economy, Financial System

Social Security Administration – Wage Statistics for 2012

“The national average wage index (AWI) is based on compensation (wages, tips, and the like) subject to Federal income taxes, as reported by employers on Forms W-2. Beginning with the AWI for 1991, compensation includes contributions to deferred compensation plans, but excludes certain distributions from plans where the distributions are included in the reported compensation subject to …

Subjects: Economy, Financial System, Government Documents

Effects of Policy Guidance on Perceptions of Fed’s Reaction Function

Federal Reserve Bank of New York Staff Reports – The Effects of Policy Guidance on Perceptions of the Fed’s Reaction Function. Katherine Femia, Steven Friedman, Brian Sack. Staff Report No. 652. November 2013. “In the past few years, the Federal Open Market Committee (FOMC) has been using forward guidance about the federal funds rate in …

Subjects: Economy, Financial System, Government Documents

Report – Understanding Innovation Funds, Impact Bonds, and Impact Investing

Social Finance: A Primer Understanding Innovation Funds, Impact Bonds, and Impact Investing By Sonal Shah and Kristina Costa | November 5, 2013 [snipped] “In recent years, a growing number of philanthropic foundations, policymakers, social service providers, and researchers have come to recognize that the social sector is changing. Shrinking public-sector budgets have limited traditional government grant programs. An increasing number …

Subjects: Economy, Financial System, Government Documents, Health Care

U.S. v. S.A.C. Capital Advisors, SDNY

“As described below, this Indictment charges the corporate entities responsible for the management of a major hedge fund with criminal responsibility for insider trading offenses committed by numerous employees and made possible by institutional practices that encouraged the widespread solicitation and use of illegal inside information. Unlawful conduct by individual employees and an institutional indifference …

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

Net Unrealized Gains (Losses) On Available-For-Sale Securities

Graph: Net Unrealized Gains (Losses) On Available-For-Sale Securities, Large Domestically Chartered Commercial Banks (NUGLCBW027SBOG) – FRED Economic Data – Federal Reserve Bank of St. Louis. Also via FRED at the same link as above – create faceted charts by defining respective parameters – Net Unrealized Gains (Losses) On Available-For-Sale Securities, Large Domestically Chartered Commercial Banks …

Subjects: Economy, Financial System, Government Documents

OECD report measures human cost of crisis

How’s Life? [November 5, 2013] “finds that subjective well-being deteriorated in countries most affected by the crisis. Between 2007 and 2012, reported average life satisfaction declined by more than 20% in Greece, 12% in Spain, and 10% in Italy. However, moderate increases were recorded in Germany, Israel, Russia, Mexico and Sweden. The report also finds that citizens in …

Subjects: Civil Liberties, Economy, Education, Energy, Free Speech, Government Documents, Health Care

CRS – Unemployment Insurance: Consequences of Changes in State Unemployment Laws

Unemployment Insurance: Consequences of Changes in State Unemployment Compensation Laws – Katelin P. Isaacs, Analyst in Income Security, October 30, 2013 “This report analyzes several types of recent changes to state Unemployment Compensation (UC) programs. Three categories of UC state law issues are considered: (1) changes in the duration of state UC unemployment benefits; (2) …

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

New GAO Reports – DHS, Native American Veterans, Small Business Innovation Research

DEPARTMENT OF HOMELAND SECURITY – Opportunities Exist to Enhance Visibility over Collaborative Field Mechanisms, GAO-13-734, Sep 27, 2013 NATIVE AMERICAN VETERANS – DOL Needs a Clear Plan to Improve Employment and Training Services on Tribal Lands, GAO-13-664, Sep 26, 2013 SMALL BUSINESS INNOVATION RESEARCH – Data Rights Protections, GAO-14-116R, Nov 4, 2013

Subjects: Defense, Economy, Government Documents

The Legislative Attack on American Wages and Labor Standards, 2011–2012

Economic Policy Institute: The Legislative Attack on American Wages and Labor Standards, 2011–2012 – By Gordon Lafer | October 31, 2013 “Over the past two years, state legislators across the country have launched an unprecedented series of initiatives aimed at lowering labor standards, weakening unions, and eroding workplace protections for both union and non-union workers. This …

Subjects: Economy, Financial System

The October 2013 Senior Loan Officer Opinion Survey on Bank Lending Practices

“The October 2013 Senior Loan Officer Opinion Survey on Bank Lending Practices addressed changes in the standards and terms on, and demand for, bank loans to businesses and households over the past three months. Domestic banks, on balance, reported having eased their lending standards and having experienced little change in loan demand, on average, over …

Subjects: E-Government, Economy, Financial System