What one dollar would buy you each year from 1945 to present
Mandy Kennedy – “Anyone who’s approached a vending machine with a buck in their hand realizes that a dollar doesn’t get you too far these days, but that wasn’t always the case.”
Category «Financial System»
New on LLRX – Crowd Funding Resources 2016
Via LLRX.com – Crowd Funding Resources 2016 – This white paper link dataset compilation by Marcus Zillman focuses on reliable and actionable sources and sites on crowd funding from around the world. For many entrepreneurs in the planning stages or for those already creating startups and seeking to develop monetary sources, crowd funding has become an essential part of …
Report – Algorithms Probably Caused a Flash Crash of British Pound
MIT Technology Review – Jamie Condliffe, October 7, 2016: “Overnight, the British pound dropped by 6 percent, to $1.13. Analysts are pointing the finger at an increasingly familiar financial scapegoat: the algorithm. Though the crash hasn’t yet been definitively linked to algorithmic trading, the Economist argues that the speed of last night’s drop points at software gone haywire. Financial algorithms—or algos to …
Draft – Implementing Category Management for Common Goods and Services
A Notice by the Federal Procurement Policy Office on 10/07/2016: “The Office of Federal Procurement Policy (OFPP) in the Office of Management and Budget (OMB) is proposing to issue a new OMB Circular, Implementing Category Management for Common Goods and Services, to codify category management, a strategic practice where Federal contracting for common goods and …
OPM Should Improve the Availability and Reliability of Payroll Data to Support Accountability and Workforce Analytics
Federal Human Resources Data: OPM Should Improve the Availability and Reliability of Payroll Data to Support Accountability and Workforce Analytics, GAO-17-127: Published: Oct 7, 2016. Publicly Released: Oct 7, 2016. “The Enterprise Human Resources Integration (EHRI) payroll data are not fully supporting the Office of Personnel Management’s (OPM) strategic and open data goals. This is …
SSRN launches beta of new features and full text search
Follow up to previous posting – SSRN Acquired by Elsevier – “At the beginning of Summer, we promised to share our evolving technology roadmap. With new resources for design and development, we are reimagining SSRN’s possibilities. First, we implemented our long-awaited full-text search. Now we’re sending a portion of our users to a Beta version of …
IMF World Economic Outlook 2016
“IMF Sees Subdued Global Growth, Warns Economic Stagnation Could Fuel Protectionist Calls. October 4, 2016. Global growth subpar at 3.1 percent in 2016, with slight increase to 3.4 percent next year Persistent stagnation in advanced economies could further fuel anti-trade sentiment, stifling growth Countries need to rely on all policy levers—monetary, fiscal and structural—to lift …
Agencies Post Public Sections of “Targeted Submissions” for Eight Firms
“The Federal Reserve Board and the Federal Deposit Insurance Corporation (FDIC) on Tuesday posted the public portions of the required “targeted submissions” for the eight systemically important, domestic banking institutions. To foster transparency, the agencies required all of the firms to file a public portion of their targeted submissions. In April of this year, the …
IG – Major Management Challenges for the Fed Board and the CFPB
The Office of Inspector General (OIG) for the Board of Governors of the Federal Reserve System (Board) and the Consumer Financial Protection Bureau (CFPB) is an independent and objective oversight authority established under the Inspector General Act of 1978, as amended: “Though not statutorily required, the OIG compiles annual listings of major management challenges facing …
Brookings – October 2016 Update to TIGER: Tracking Indexes for the Global Economic Recovery
“The latest update of the Brookings-FT Tiger index presents a picture of general despondency in the global economy that more than offsets isolated signs of strength in some economic indicators in a few countries. Click a country name below the Overall Growth Index to view charts for the main TIGER indexes by country and charts …
IMF Releases the 2016 Financial Access Survey, A Key Tool to Foster Financial Inclusion
“The International Monetary Fund (IMF) released today the results of the seventh annual Financial Access Survey (FAS). The FAS is a key source of data on financial inclusion, providing insights on the availability and use of financial products such as deposit accounts, loans, and insurance policies by individuals and firms across the globe. The information …
TRAC – New York Times Publication of Trump’s 1995 Tax Records Underlines High End Audit Challenge
“This weekend, The New York Times published the tax returns that Donald Trump had filed with New York, New Jersey and Connecticut where the Republican candidate for president claimed nearly a billion dollar business loss for that year. Although the Times said the experts it had consulted did not believe the records suggested anything improper, …
