Category «Financial System»

Big Tech in Financial Services

CRS Report – Big Tech in Financial Services, May 16, 2022: “For the past decade or so, “Big Tech”—which hereinafter refers to the large technology companies Amazon, Apple, Google, and Facebook (now Meta Platforms), unless otherwise noted—has been offering a variety of financial services products to retail customers. Big Tech uses advanced data analysis and …

Subjects: Congress, Economy, Financial System, Legal Research

Why This Computer Scientist Says All Cryptocurrency Should “Die in a Fire”

Current Affairs, May 2022 – UC-Berkeley’s Nicholas Weaver has been studying cryptocurrency for years. He thinks it’s a terrible idea that will end in disaster. “Despite being hyped in expensive Super Bowl ads, cryptocurrency is now having a difficult moment. As the New York Times reports, “the crypto world went into a full meltdown this …

Subjects: Economy, Education, Financial System

Algorithmic Stablecoins and the TerraUSDCrash

CRS Insight, Algorithmic Stablecoins and the TerraUSD Crash, May 16, 2022: “…TerraUSD (UST) stablecoinuses an arbitrage mechanism typical of some algorithmic stablecoin arrangements consisting of two coins or tokens: the stablecoin, in this case UST, meant to maintain a stable value or “peg,” and a balancer token, in this case,LUNA, the value of which can …

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

The Atlantic Introducing an Expanded Books Section

The Atlantic: “…That quality of literature—and the criticism that helps make sense of it—is a large part of why we’re excited to be expanding books coverage at The Atlantic. Since its founding in 1857, this magazine “of Literature, Art, and Politics” has been home to great writing about the momentous books and literary debates of …

Subjects: Climate Change, Economy, Education, Environmental Law, Financial System, Knowledge Management, Libraries, Recommended Books

Revealed: the ‘carbon bombs’ set to trigger catastrophic climate breakdown

The Guardian, Exclusive: “The world’s biggest fossil fuel firms are quietly planning scores of “carbon bomb” oil and gas projects that would drive the climate past internationally agreed temperature limits with catastrophic global impacts, a Guardian investigation shows. The exclusive data shows these firms are in effect placing multibillion-dollar bets against humanity halting global heating. …

Subjects: Climate Change, Economy, Energy, Environmental Law, Financial System

The Great Resignation: The toll taken on the legal field and what comes next

ABA Journal: “The pandemic has reshaped thinking around the value of work. The Thomson Reuters Stellar Performance: Skills and Progression Mid-Year Survey uncovered three specific priorities legal professionals are factoring into their career decisions. Balance: Young professionals are more in tune with work-life balance and place a higher value on mental well-being, leisure and other …

Subjects: Economy, Financial System, Health Care

FY2023 Budget Documents: Internet and GPO Availability

CRS Report – FY2023 Budget Documents: Internet and GPO Availability Updated May 4, 2022: “Every year the President submits a series of volumes to Congress containing the President’s proposed budget for the coming fiscal year. The President’s submission is required on or after the first Monday in January, but no later than the first Monday …

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

Over 60 million Americans have taxes so simple the IRS could do them automatically

Vox: “For many Americans, doing your taxes isn’t all that complicated. It’s just data entry. The actual work of doing your taxes mostly involves rifling through various Internal Revenue Service forms you get in the mail. There are W-2s listing your wages, 1099s showing miscellaneous income like from one-off gigs, 1098s showing mortgage interest or …

Subjects: Economy, Financial System, Government Documents

LLRX April 2022 Issue

Articles and Columns for April 2022 Web Guide for the New Economy 2022 – Accurate and actionable data on the economy is critical to many aspects of our research and scholarship. This guide by research expert Marcus P. Zillman provides researchers with links to information on a range of sources focused on new economy data and …

Subjects: Censorship, Cybercrime, Cybersecurity, Defense, Economy, Education, Financial System, Libraries, Search Engines, Social Media, Transportation

Here is a great resource for what you can do in the fight for abortion rights in all 50 states

Lit Hub: “A Supreme Court draft opinion was leaked last night in which Justice Samuel Alito lays out the court’s pending decision to overturn Roe v. Wade; should this ruling come to pass it would represent one of the largest roll-backs of personal freedom in the history of this country. If you care about an …

Subjects: Civil Liberties, Courts, Economy, Education, Financial System, Government Documents, Health Care, Internet, Medicine, Social Media