Fact Sheet via WH: “Federal Student Aid, a part of the U.S. Department of Education, is the largest provider of student financial aid in the nation. At the office of Federal Student Aid, our more than 1,400 employees help make college education possible for more than 10 million students each year. Federal Student Aid is… Continue Reading
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Category Archives: Economy
Decentralized Autonomous Organizations (DAO) 2023
Via LLRX – Decentralized Autonomous Organizations (DAO) 2023 – As stated by Ethereum, “a DAO is a collectively-owned, blockchain-governed organization working towards a shared mission.” Marcus P. Zillman features resources on how DAOs can impact business operations, identifies challenges to participation, and delivers a diverse bibliography of NFT resources that includes governance, regulation, blockchain and… Continue Reading
Millions of pensions at risk because investment consultants overlook threat of climate tipping points
Carbon Tracker: “Financial institutions, banks and politicians misled by ‘flawed’ economic research. Pension funds are risking the retirement savings of millions of people by relying on economic research that ignores critical scientific evidence about the financial risks embedded within a warming climate, warns a report released today by Professor Steve Keen – Loading the DICE… Continue Reading
Generative AI and the future of work in America
McKinsey Report, July 26, 2023 Generative AI and the future of work in America During the pandemic (2019–22), the US labor market saw 8.6 million occupational shifts, 50 percent more than in the previous three-year period. Most involved people leaving food services, in-person sales, and office support for different occupations. By 2030, activities that account… Continue Reading
SEC is giving companies four days to report cyberattacks
Quartz: “The US Securities and Exchange Commission (SEC) wants public companies to be more transparent and forthcoming about “material cybersecurity incidents,” the federal agency said yesterday (July 26). Its new rules, passed by a 3-2 vote, dictate companies must disclose details of incidents and their effect on the bottomline in a section of the Form… Continue Reading
Migration Into America’s Most Flood-Prone Areas More Than Doubled Since the Start of the Pandemic
Redfin News: “The most flood-prone U.S. counties saw 384,000 more people move in than out in 2021 and 2022—a 103% increase from the prior two years, when 189,000 more people moved in than out. The same trend took hold in the places most vulnerable to wildfires and heat as the pandemic homebuying boom and a… Continue Reading
What is the relation between climate change and violent conflicts?
German Foreign Office.: Climate & Conflict. What is the relation between climate change and violent conflicts? Which role do socio-economic scope conditions play in exacerbating climate impact? How can we allow analysts and policymaker to make better decisions — based on heterogenous, multi-faceted information sources?…we are currently investigating dynamic, data-driven hotspot detection as well as… Continue Reading
Artificial intelligence, job quality and inclusiveness
OECD Employment Outlook 2023: Artificial Intelligence and the Labour Market – Artificial intelligence, job quality and inclusiveness. Andrew Green Angelica Salvi del Pero Annelore Verhagen. OECD e-library. “For many workers, the effects of artificial intelligence (AI) will be visible not in terms of lost employment but through changes in the tasks they perform at work… Continue Reading
Capital markets: The hidden pipeline for fossil fuel financing
“A new report – Capital markets: The hidden pipeline for fossil fuel financing by the Sierra Club’s Fossil-Free Finance campaign on the role of big US banks in capital markets reveals a hidden pipeline for fossil fuel financing through the banks’ underwriting of bonds and equities for polluting companies. The analysis raises important questions about… Continue Reading
FedNow is finally live in the US
Tech Crunch: “The U.S. government’s instant payment system, FedNow Service, went live this week. Here’s a quick refresher on what that is: FedNow is an instant payment infrastructure for transferring money that promises to be a faster payment rail for financial institutions, offering immediate access to funds no matter the day or time. As you… Continue Reading
Study of Elite College Admissions Data Suggests Being Very Rich Is Its Own Qualification
The New York Times [free link]: “Elite colleges have long been filled with the children of the richest families: At Ivy League schools, one in six students has parents in the top 1 percent. A large new study, released Monday, shows that it has not been because these children had more impressive grades on average… Continue Reading
Forrester’s Top 10 Emerging Technologies in 2023 and Beyond
Tech Republic: “In an expansive Forrester report on the top 10 emerging technologies of 2023, it comes as no surprise that generative AI tops the list, followed by autonomous workplace assistants and conversational AI. These three technologies “… are poised to deliver a return on investment soon,” which Forrester defines as less than two years.… Continue Reading
