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Category Archives: Financial System

The Economic Impacts of Learning Losses

OECD September 2020, The Economic Impacts of Learning Losses: “The worldwide school closures in early 2020 led to losses in learning that will not easily be made up for even if schools quickly return to their prior performance levels. These losses will have lasting economic impacts both on the affected students and on each nation unless… Continue Reading

OpenSecrets unveils new online ads database

“With the digital-dominated 2020 election shifting into high gear, OpenSecrets is releasing a new searchable, sortable online ads database that provides comprehensive details about political ad spending on Google and Facebook.  OpenSecrets is tracking over 80,000 online political advertisers, more than four times the number of committees registered with the Federal Election Commission. Each advertiser has its… Continue Reading

Report – Managing Climate Risk in the U.S. Financial System

CFTC – “The Commodity Futures Trading Commission’s Climate-Related Market Risk Subcommittee of the Market Risk Advisory Committee (MRAC) today released a report entitled Managing Climate Risk in the U.S. Financial System.  The Climate Subcommittee voted unanimously 34-0 to adopt the report. CFTC Commissioner Rostin Behnam, sponsor of the MRAC, noted: “Today would not be possible… Continue Reading

CBO – US budget deficit hits record $3 trillion

Congressional Budget Office, September 8, 2020: “The federal budget deficit in August 2020 was $198 billion, CBO estimates, $3 billion less than the deficit in August of last year. However, that comparison is distorted by shifts in the timing of certain payments in both years that had opposite effects on the August deficit in their… Continue Reading

Google’s new ‘Verified Calls’ feature will tell you why a business is calling you

Google Blog: “Businesses often rely on phone calls to reach out to new customers and serve existing ones. But here’s the hang-up: customers often don’t answer the call if they don’t recognize the number. They worry it could be spam, or worse, a scam: a 2019 FTC report found that phone calls were the number… Continue Reading

2020 Cost of a Data Breach Report

Via Bluefin: “IBM and the Ponemon Institute’s long-awaited 2020 Cost of a Data Breach Report has finally arrived — and with it comes critical insight into the current landscape of cyber security. For the fifteenth consecutive year, IBM and the Ponemon Institute have partnered to analyze the latest breaches at over 500 organizations to uncover… Continue Reading

Why Steve Bannon faces fraud charges: 4 questions answered

Via LLRX – Why Steve Bannon faces fraud charges: 4 questions answered – Federal prosecutors in New York have arrested former senior Trump adviser Steve Bannon and three other men, and charged them with allegedly defrauding hundreds of thousands of donors to an online fundraising campaign to build portions of wall along the U.S. border with… Continue Reading

COVID-19: Brief Update on Initial Federal Response to the Pandemic

COVID-19: Brief Update on Initial Federal Response to the Pandemic. GAO-20-708: Published: Aug 31, 2020. Publicly Released: Aug 31, 2020. “This report updates our oversight of some aspects of the federal response to the COVID-19 pandemic. Findings include: Spending. Federal obligations totaled $1.5 trillion and expenditures totaled $1.3 trillion, as of June 30. Public health.… Continue Reading

Mining Data on the Internet 2020

Via LLRX – Mining Data on the Internet 2020 – Data mining is a constantly evolving discipline applied in many fields including finance, law, healthcare, marketing, science and engineering, the retail industry, telecommunications, social media, and government. This guide by Marcus P. Zillman encompasses free, fee based and consultancy related sources to assist info pros,… Continue Reading

New Book – How to Destroy Surveillance Capitalism

Medium OneZero – Editor’s Note: “Surveillance capitalism is everywhere. But it’s not the result of some wrong turn or a rogue abuse of corporate power — it’s the system working as intended. This is the subject of Cory Doctorow’s new book, which we’re thrilled to publish in whole here on OneZero. This is how to… Continue Reading

The State of the American Restaurant, City by City

New York City, San Francisco, Honolulu are still down over 80% from a year ago in terms of “seated diners.” Then there is the “LN-shaped” recovery in Pittsburgh. By Wolf Richter for WOLF STREET – “Six months into the Pandemic, restaurants that haven’t given up yet are still in survival mode. In many places, dining outside has been… Continue Reading