Category «Financial System»

Full-time female lawyers continue to earn less than male counterparts

ABA Journal – “Median pay for full-time female lawyers was 77.4 percent of the pay earned by their male counterparts, according to data for 2014 released earlier this month by the U.S. Census Bureau. In all law-related jobs, median pay for female workers in 2014 was 51.6 percent of the pay received by male workers, …

Subjects: Economy, Financial System, Government Documents, Marketing

Taxpayer Interest Income Hits New Low According to Latest IRS Data

“Assertions and questions about alleged income disparity as well as reports of Americans’ stagnant wages have become important aspects of this year’s election debate. You can do your own fact-check on such issues using the free Taxpayer Returns application on the Transactional Records Access Clearinghouse (TRAC) website. This unique tool lets you examine the kinds …

Subjects: Economy, Financial System, Government Documents

Job openings rise to 5.5 million in January; annual hires and quits increase in 2015

“The number of job openings rose to 5.5 million on the last business day of January, the U.S. Bureau of Labor Statistics reported today. Hires declined to 5.0 million while separations edged down to 4.9 million. Within separations, the quits rate was 2.0 percent, and the layoffs and discharges rate was 1.2 percent. This release …

Subjects: Economy, Financial System, Government Documents

Oil and Gas Exploration and Production Lending: Revised Comptroller’s Handbook Booklet

News release: “The Office of the Comptroller of the Currency (OCC) issued today the “Oil and Gas Exploration and Production Lending” booklet of the Comptroller’s Handbook. This revised booklet replaces the “Oil and Gas Production Lending” booklet issued in April 2014. This booklet provides updated guidance to examiners on the risks inherent in lending to …

Subjects: Economy, Energy, Financial System, Government Documents

Federal Reserve issues FOMC statement

Federal Reserve Board and Federal Open Market Committee release economic projections from the March 15-16 FOMC meeting “The attached table and charts released on Wednesday summarize the economic projections and the target federal funds rate projections made by Federal Open Market Committee participants for the March 15-16 meeting. The table will be incorporated into a …

Subjects: Economy, Financial System, Government Documents

IRS Cutbacks Result in Billions in Lost Revenue

“IRS attention to auditing very large and giant corporations has plummeted from FY 2010 through the first five months of FY 2016. This is a consequence of Congress’s continued sharp cuts in IRS budgets, according to a new analysis of agency records by the Transactional Records Access Clearinghouse (TRAC) at Syracuse University.  The likely result: …

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

U.N. Statistical Commission issues draft global indicators framework

Via Fox News: “EXCLUSIVE: Six months after giving birth to a cluster of nebulous Sustainable Development Goals that aim to dramatically change the economic, social and environmental course of the planet, the United Nations is working on a drastic renovation of global data gathering to measure progress against its sweeping international agenda. The result that emerged late last …

Subjects: E-Government, Economy, Education, Financial System, Food and Nutrition, Government Documents, Internet, Knowledge Management, Legal Research, Poverty

From waterfall to agile: How a public-sector agency successfully changed its system-development approach to become digital

McKinsey & Company – March 2016 – From waterfall to agile: How a public-sector agency successfully changed its system- development approach to become digital, Martin Lundqvist and Peter Braad Olesen. “Government agencies around the world are under internal and external pressure to become more efficient by incorporating digital technologies and processes into their day-to-day operations. …

Subjects: E-Government, Economy, Financial System, Knowledge Management

New on LLRX – The Mediachain Project: Developing a Global Creative Rights Database Using Blockchain Technology

Via LLRX.com – The Mediachain Project: Developing a Global Creative Rights Database Using Blockchain Technology – Alan Rothman’s article focuses on a creative, innovative effort to deploy the blockchain as a form of global registry of creative works ownership – specifically a global rights database for images. The co-founders of a new metadata protocol they …

Subjects: Copyright, E-Commerce, Economy, Financial System, Intellectual Property, Internet, Knowledge Management, Legal Research

New on LLRX – Global Skills for U.S. JD Students

Via LLRXcom – Global Skills for U.S. JD Students – This article by Theresa Kaiser-Jarvis, Assistant Dean for International Affairs, University of Michigan Law School, discusses a pivotal issue that represents an increasingly significant development in the practice of law in the United States. Kaiser-Jarvis shines a bright light on the skills, knowledge and abilities …

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

Human Survival, Risk, and Law: Considering Risk Filters to Replace Cost-Benefit Analysis

Draper, John William, Human Survival, Risk, and Law: Considering Risk Filters to Replace Cost-Benefit Analysis (January 30, 2016). Fordham Environmental Law Journal, Vol. 27, 2016 Forthcoming. Available for download at SSRN: http://ssrn.com/abstract=2745520 “Selfish utilitarianism, neo-classical economics, the directive of short-term income maximization, and the decision tool of cost-benefit analysis fail to protect our species from …

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

Paper – Can Government Demand Stimulate Private Investment?

International Monetary Fund – Shafik Hebous; Tom Zimmermann, March 10, 2016: Can Government Demand Stimulate Private Investment? Evidence from U.S. Federal Procurement. Summary: “We study the effects of federal purchases on firms’ investment using a novel panel dataset that combines federal procurement contracts in the United States with key financial firm-level information. We find that …

Subjects: Economy, Financial System, Government Documents