Category «Economy»

Trump Administration Takes Steps to Refund $166 Billion in Tariffs

The New York Times, Gift Article: Trump Administration Takes Steps to Refund $166 Billion in Tariffs. “…When President Trump unveiled his sprawling global tariffs last spring, he boasted that they would generate windfall profits and “make America wealthy again.” But after suffering a significant Supreme Court defeat, Mr. Trump is about to pay the money …

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

Prediction markets are breaking the news and becoming their own beat

NeimanLab: “Depending on whom you ask, prediction markets are either: A dangerous, unregulated form of gambling that allows for degenerate betting on real events, unfettered by the economic and legal rules that keep stock markets and sports betting in check, creating an opportunity for corruption and insider trading on a scale we have never seen …

Subjects: Economy, Financial System, Internet, Knowledge Management, Legal Research, Social Media

Trump’s federal workforce changes cost the economy more than $165.6B, analysis finds

Government Executive: “The Trump administration’s reforms to the federal government cost the U.S. economy more than $165.6 billion, according to a new estimate from the Partnership for Public Service. “This is an administration that has claimed that it is trying to reduce waste, and yet the choices that it has made have created phenomenally larger …

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

Artificial Intelligence Acquisitions

Artificial Intelligence Acquisitions: Agencies Should Collect and Apply Lessons Learned to Improve Future Procurements. GAO-26-107859. Federal agencies use AI for facial recognition at airports, analyzing veterans’ benefit claims, and more. They often work with private sector companies to acquire and support AI. We talked with many agency officials about challenges acquiring AI. For example, some …

Subjects: AI, E-Government, Economy, Financial System, Government Documents, Knowledge Management

Insurance carriers quietly back away from covering AI outputs

CSO: “Several major insurance carriers have begun to back away from providing cybersecurity and other insurance to companies using AI to run internal processes, insiders say. While there’s no standard response to customer use of AI in the insurance market, many carriers are now quietly declining to write policies for claims related to AI-generated outputs …

Subjects: AI, Cybercrime, Cybersecurity, Economy, Financial System, Legal Research

AI in Finance and Banking, April 15, 2026

Via LLRX – AI in Finance and Banking, April 15, 2026 – This twice a month column by Sabrina I. Pacifici highlights news, government documents, NGO/IGO papers, conferences, industry white papers and reports, academic papers and speeches, and central bank actions on the subject of AI’s fast paced impact on the banking and finance sectors. The …

Subjects: AI, Economy, Education, Financial System, Internet, Knowledge Management, Legal Research, Search Engines

Pentagon Approaches Automakers, Manufacturers to Boost Weapons Production

WSJ (Gift Article): Pentagon Approaches Automakers, Manufacturers to Boost Weapons Production. “The Trump administration wants automakers and other American manufacturers to play a larger role in weapons production, reminiscent of a practice used during World War II. Senior defense officials have held talks about producing weapons and other military supplies with the top executives of …

Subjects: Defense, Economy, Legal Research

New Tool Will Hunt Down the Cheapest Gas Prices In Your Area

Follow up to These Apps Can Help You Find the Cheapest Gas See also The Drive A tool originally made to track beer prices unites public data, crowdsourced photos, and robocalls to find the cheapest gas near you. “…Appropriately called “The Gas Index,” the project started as a tool to track the price of a …

Subjects: Economy, Energy, Environmental Law, Search Engines, Transportation

Yale Report Finds Colleges Deserve Blame for Higher Education’s Problems

Report of the Yale Committee on Trust in Higher Education April 10, 2026 – The New York Times – A 10-member committee offered a brutal assessment of academia’s role in creating the forces challenging American colleges and universities [gift article]: “American colleges and universities bear significant responsibility for plunging public trust in higher education, a …

Subjects: Censorship, Civil Liberties, Economy, Education, Knowledge Management, Legal Research