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Category Archives: Economy

Nine AI Bills Pass US House Science, Space and Technology Committee

Tech Policy Press: “On Wednesday, September 11, 2024, the United States House of Representatives Committee on Space, Science, and Technology hosted a full committee markup on nine bills focused on developing and using artificial intelligence (AI) in a safe and trustworthy manner and providing resources to research and standards efforts. The bills included in the markup are as follows (with descriptions drawn from the Committee website)…”

MA only state to successfully cut food wasts

Washington Post: “Researchers studied the effect of five laws requiring supermarkets and restaurants to reduce waste, part of a broader effort to keep food out of landfills, where it contributes to climate change…Nearly every state-led effort to ban food waste analyzed by researchers appears to be failing — except one, according to a new study.… Continue Reading

Klobuchar and Warren want generative AI investigated before it kills journalism

“U.S. Senator Amy Klobuchar (D-MN), Chairwoman of the Judiciary Subcommittee on Antitrust, Competition Policy and Consumer Rights, along with Senators Richard Blumenthal (D-CT), Mazie Hirono (D-HI), Dick Durbin (D-IL), Sheldon Whitehouse (D-RI), Tammy Duckworth (D-IL), Elizabeth Warren (D-MA), and Tina Smith (D-MN) sent a letter to Assistant Attorney General Jonathan Kanter and Federal Trade Commission… Continue Reading

Society at a Glance 2024 OECD Social Indicators

Society at a Glance 2024: OECD Social Indicators, the tenth edition of the biennial OECD overview of social indicators, addresses the growing demand for quantitative evidence on social well-being and its trends. The report features a special chapter on fertility trends which discusses evidence from recent OECD analysis on the effect of labour market outcomes,… Continue Reading

FHFA Releases Mortgage Loan and Natural Disaster Dashboard

“The Federal Housing Finance Agency (FHFA) released an online risk analysis tool [and a FAQ] that provides geographic estimates for physical risks from various types of natural disasters as well as nationwide data on housing and the mortgage market. The tool — known as the Mortgage Loan and Natural Disaster Dashboard — is intended to give… Continue Reading

Executive Excess 2024

Institute for Policy Studies – The “Low Wage 100” corporations are enriching CEOs at the expense of workers and long-term investment. Introduction Key findings Recommendations Social Toolkit Download full report At a time of intense political divisions, Americans across the political spectrum share enormous common ground on at least one problem facing our nation: the… Continue Reading

In Tied Presidential Race, Harris and Trump Have Contrasting Strengths, Weaknesses

“Ahead of the scheduled Sept. 10 presidential debate between Vice President Kamala Harris and former President Donald Trump, the presidential race is deadlocked. About half of registered voters (49%) say if the election were held today, they would vote for Harris, while an identical share say they would back Trump. With less than two months… Continue Reading

Billion-Dollar Bank Accused of Secretly Sending Customers’ Personal and Financial Information to Facebook, Google and Microsoft

The Daily Hodl: “The eighth-largest bank in the US by total assets is accused of secretly collecting personal and financial information from its customers and sharing the data with tech giants. A new class-action lawsuit alleges Capital One engaged in an “outrageous, illegal, and widespread practice of disclosing – without consent – the Nonpublic Personal… Continue Reading

Imports make up growing share of U.S. fresh fruit and vegetable supply

USDA: “Imports play a vital and increasingly important role in ensuring that fresh fruit and vegetables are available year-round in the United States. Since the 2008 completion of the transition to tariff- and quota-free trade among Mexico, Canada, and the United States under the North American Free Trade Agreement (NAFTA), U.S. fresh fruit and vegetable… Continue Reading

Retailers Locked Up Their Products and Broke Shopping in America

Bloomberg no paywall: “…In retailers’ eyes it might be their best option, but it’s one that appears to be backfiring. Neil Saunders, managing director of the retail practice at the firm GlobalData, describes the locking up of merch as “a blunt instrument.” Several years into this experiment, the instrument’s outcomes are becoming clear: miserable workers,… Continue Reading

Some Lawyers Using Venmo Are Exposing Confidential Client Information

LawSites – and they May Not Even Know It  – “Multiple lawyers who are using the payments app Venmo in their law practices are exposing client information to the public — and they may not even know it. These accounts expose client names and sometimes other details, such as payment amounts, the nature of the… Continue Reading

Social Security Administration Digitizes or Removes Signature Requirements for Many Forms

Move eases burden on millions of customers: “Today, the Social Security Administration (SSA) announced progress this year to reduce customer burden by transitioning wet (physical) signature requirements to digital signatures for over 30 forms as well as removing the signature requirements altogether for 13 forms. These actions simplify application processes for people, including removing a… Continue Reading