Category «Financial System»

The 8 Most Common 2019 Tax Return Questions, Answered by Experts

The New York Times – The most important changes to the tax code in decades have taken effect — and filers are confused. We asked CPAs and other tax-prep pros to simplify things “Some level of bafflement attends tax-filing season every year. But in 2019, as Americans examine their returns for the first time under the …

Subjects: Financial System, Government Documents, Legal Research

Record 7 million Americans are 3 months behind on car payments – red flag for the economy

The Washington Post: “A record 7 million Americans are 90 days or more behind on their auto loan payments, the Federal Reserve Bank of New York reported Tuesday, even more than during the wake of the financial crisis. Economists warn that this is a red flag. Despite the strong economy and low unemployment rate, many …

Subjects: Economy, Financial System, Government Documents, Transportation

2018 Global Go To Think Tank Index Report

“The Think Tanks and Civil Societies Program (TTCSP) of the Lauder Institute at the University of Pennsylvania conducts research on the role policy institutes play in governments and civil societies around the world. Often referred to as the “think tanks’ think tank,” TTCSP examines the evolving role and character of public policy research organizations. Over …

Subjects: Economy, Environmental Law, Financial System, Government Documents, Knowledge Management

The government is using the wrong data to make crucial decisions about the internet

Recode – Bad maps mean federal money isn’t being spent where it should be to build out broadband connectivity. “High-speed internet is not really available where the government says it is. And that misinformation means that a lot of Americans, especially those in poor and rural areas, can’t get access to broadband — a service …

Subjects: Economy, Financial System, Government Documents, Internet, Knowledge Management

Bribery, Kickbacks, and Self-Dealing: An Overview of Honest Services Fraud and Issues for Congress

CRS report via FAS – Bribery, Kickbacks, and Self-Dealing: An Overview of Honest Services Fraud and Issues for Congress, January 30. 2019. “As the trials of Sheldon Silver and Dean Skelos illustrate, corruption among high-profile public officials continues to be a concern in the United States. Likewise, recent examples abound of powerful executives in the …

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

U.S. wealth concentration returns to levels last seen during the Roaring Twenties

NBER Working Paper Series: Global Wealth Inequality , Gabriel Zucman, Working Paper 25462, January 2019. “This article reviews the recent literature on the dynamics of global wealth inequality. I first reconcile available estimates of wealth inequality in the United States. Both surveys and tax data show that wealth inequality has increased dramatically since the 1980s, …

Subjects: Economy, Financial System, Government Documents

There’s No Good Reason to Trust Blockchain Technology

Opinion – Wired: “…What blockchain does is shift some of the trust in people and institutions to trust in technology. You need to trust the cryptography, the protocols, the software, the computers and the network. And you need to trust them absolutely, because they’re often single points of failure. When that trust turns out to …

Subjects: Cybercrime, Cybersecurity, Economy, Financial System

Cisco 2019 Data Privacy Benchmark Study

Cisco newsroom: “Organizations worldwide that invested in maturing their data privacy practices are now realizing tangible business benefits from these investments, according to Cisco’s 2019 Data Privacy Benchmark Study. The Study validates the link between good privacy practice and business benefits as respondents report shorter sales delays as well as fewer and less costly data …

Subjects: Cybersecurity, EU Data Protection, Financial System, ID Theft, Privacy

Investigative report – IBM eliminated more than 20,000 workers 40 and above

ProPublica – As it scrambled to compete in the internet world, the once-dominant tech company cut tens of thousands of U.S. workers, hitting its most senior employees hardest and flouting rules against age bias. “As the world’s dominant technology firm, payrolls at International Business Machines Corp. swelled to nearly a quarter-million U.S. white-collar workers in the …

Subjects: Civil Liberties, Economy, Financial System, Legal Research