Category «Financial System»

Mapped: How 6 Billionaire Family Fortunes Fund Project 2025

DeSmog – “As scrutiny of Project 2025 continues to grow, defenders of the Heritage Foundation-led initiative, which would reshape federal governance and give the next Republican president unprecedented new powers, say it’s the criticism — not the 922-page plan itself — that’s too extreme. In a piece published last month, Fox News cited prominent conservatives who …

Subjects: Censorship, Civil Liberties, Economy, Financial System, Freedom of Information, Government Documents, Legal Research

Verizon collects your browsing history, screen clicks, and even your living room floorplan

Via Reddit – What Verizon Collects – Source: Verizon Full Privacy Policy: https://www.verizon.com/about/privacy/full-privacy-policy Identity & Billing Info (Name, SSN, Driver’s License, Voiceprints): Verified on page 2. Your Usage Data (Call/text records, websites visited, app usage, location): Verified on page 2. Service Details (Device IDs, router info, streaming habits, driving speed): Verified on page 2. Website/App …

Subjects: E-Commerce, E-Records, Financial System, Internet, Legal Research, Privacy, Search Engines

The Untold Saga of What Happened When DOGE Stormed Social Security

ProPublica: “…The shock troops of DOGE, at the Social Security Administration and myriad other federal agencies, were the advance guard in perhaps the most dramatic transformation of the U.S. government since the New Deal. And despite the highly public departure of DOGE’s leader, Elon Musk, that campaign continues today. Key DOGE team members have transitioned …

Subjects: E-Government, E-Records, Economy, Financial System, Legal Research

How JPMorgan Enabled the Crimes of Jeffrey Epstein

The New York Times gift article: “Epstein had long been a treasured customer at JPMorgan. His accounts were brimming with more than $200 million. He generated millions of dollars in revenue for the bank, landing him atop an internal list of major money makers. He helped JPMorgan orchestrate an important acquisition. He introduced executives to …

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

Technology Providers and Financial Stability: Overview of Risks and Regulatory Frameworks

Federal Reserve Bank of Boston – Technology Providers and Financial Stability: Overview of Risks and Regulatory Frameworks By Gene Amromin, Rebecca Chmielewski, Patty Cowperthwait, Cindy Hull, Brett Solimine, Emma Weiss, Kenechukwu E. Anadu, Falk Bräuning, Siobhan Sanders, Amy Chapel, Meeoak Cho, Lorenzo Garza, and Sam Schulhofer-Wohl. June 2025. “Technology-focused Third-Party Service Providers (TPSPs) have become …

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

This is the critical detail that could unravel the AI trade: Nobody is paying for it.

Morningstar – “Late last year, David Shor, one of the Democratic Party’s top data scientists, surveyed some 130,000 voters about whether they had a “favorable” or “unfavorable” opinion of Jewish people. Hardly anyone over the age of 70 said their view was unfavorable. More than a quarter of those under 25 did. The question is …

Subjects: AI, Education, Financial System

How the Richest People in America Avoid Paying Taxes

The Atlantic – gift article: “According to the Joint Committee on Taxation, the richest of rich Americans pay an average tax rate of 34 percent, higher than any other cohort’s. In reality, as everyone has long known, they pay less than that. A new study by some of the country’s most preeminent economists has finally …

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

LLRX August 2025 Issue – Articles and Columns

There are eight new articles and seven new columns in the August 2025 Issue: The Trump Administration’s Continued War Against Science, Research and Public Health, Part 2 – This is a follow up to Sabrina I. Pacifici’s July 31, 2025 article, The Trump Administration’s Continued War Against Science, Research and Public Health. In just one …

Subjects: AI, Cryptocurrency, Cybercrime, Economy, Education, Financial System, Internet, Knowledge Management, Legal Research, Privacy, Search Engines, Social Media

Several Countries Suspend Postal Shipments To US. Here’s Why

Follow up to previous post – Maps – Tracking Trump’s New Tariffs on Every Country, See also Forbes: “The postal services of Mexico, India, Japan and several other countries have suspended the shipment of packages to the U.S. as a result of President Donald Trump’s tariffs and new rules implemented by his administration that end …

Subjects: E-Commerce, Economy, Financial System, Government Documents

Global carriers halt US shipments

Semafor – Global mail carriers suspended deliveries to the US in the face of uncertainty over new duties on low-cost packages. “US President Donald Trump last month ordered the end of the “de minimis” provision, which allowed goods valued under $800 to enter the US duty-free. The government closed the loophole for China and Hong …

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

Charting How U.S. Tariffs Will Hit Key Products

Visual Capitalist: “U.S. tariffs have climbed to an average rate of 18.6%—the highest since 1933. But what does this mean for everyday consumers? This visualization, developed in collaboration with the Hinrich Foundation, highlights major goods expected to face sustained price increases due to rising tariffs. Based on data from the Yale Budget Lab, it explores …

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