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Category Archives: Financial System

COVID-19: Financial Relief and Assistance Resources for Renters

CRS Insight via LC – COVID-19: Financial Relief and Assistance Resources for Renters, September 10, 2020: “This Insight highlights resources from selected federal agencies and other organizations that may aid renters at risk of eviction due to circumstances related to the Coronavirus Disease 2019 (COVID-19)pandemic. These resourcesprovide information on COVID-19 related renter protections and resources at federal, state, and local levels…”

Tracking Federal Awards: USAspending.gov and Other Data Sources

CRS Report via LC – Tracking Federal Awards: USAspending.gov and Other Data Sources, September 15, 2020: USAspending.gov, available at http://www.USAspending.gov, is a government source for data on federal awards by state, congressional district (CD), county, city, and zip code. The awards data in USAspending.gov are provided by federal agencies and represent contracts, grants, loans, and other… Continue Reading

A majority of young adults in the U.S. live with their parents for the first time since the Great Depression

“The coronavirus outbreak has pushed millions of Americans, especially young adults, to move in with family members. The share of 18- to 29-year-olds living with their parents has become a majority since U.S. coronavirus cases began spreading early this year, surpassing the previous peak during the Great Depression era. In July, 52% of young adults… Continue Reading

RAND – Top 1% of Americans Have Taken $50 Trillion From the Bottom 90%

TIME: “Like many of the virus’s hardest hit victims, the United States went into the COVID-19 pandemic wracked by preexisting conditions. A fraying public health infrastructure, inadequate medical supplies, an employer-based health insurance system perversely unsuited to the moment—these and other afflictions are surely contributing to the death toll. But in addressing the causes and… Continue Reading

Pete Recommends – Weekly highlights on cyber security issues, September 12, 2020

Via LLRX – Pete Recommends – Weekly highlights on cyber security issues, September 12, 2020 – Privacy and security issues impact every aspect of our lives – home, work, travel, education, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the… Continue Reading

U.S. National Strategy for Financial Literacy 2020

U.S. National Strategy for Financial Literacy 2020 – U.S. Financial Literacy and Education Commission, September 2020 – “Financial education is key to unlocking the foundations of economic opportunity and powering a strong and resilient economy. Americans must acquire financial skills and knowledge to fully participate in our dynamic economy. In a 2018 study, only one-third… Continue Reading

The Economic Impacts of Learning Losses

OECD September 2020, The Economic Impacts of Learning Losses: “The worldwide school closures in early 2020 led to losses in learning that will not easily be made up for even if schools quickly return to their prior performance levels. These losses will have lasting economic impacts both on the affected students and on each nation unless… Continue Reading

OpenSecrets unveils new online ads database

“With the digital-dominated 2020 election shifting into high gear, OpenSecrets is releasing a new searchable, sortable online ads database that provides comprehensive details about political ad spending on Google and Facebook.  OpenSecrets is tracking over 80,000 online political advertisers, more than four times the number of committees registered with the Federal Election Commission. Each advertiser has its… Continue Reading

Report – Managing Climate Risk in the U.S. Financial System

CFTC – “The Commodity Futures Trading Commission’s Climate-Related Market Risk Subcommittee of the Market Risk Advisory Committee (MRAC) today released a report entitled Managing Climate Risk in the U.S. Financial System.  The Climate Subcommittee voted unanimously 34-0 to adopt the report. CFTC Commissioner Rostin Behnam, sponsor of the MRAC, noted: “Today would not be possible… Continue Reading

CBO – US budget deficit hits record $3 trillion

Congressional Budget Office, September 8, 2020: “The federal budget deficit in August 2020 was $198 billion, CBO estimates, $3 billion less than the deficit in August of last year. However, that comparison is distorted by shifts in the timing of certain payments in both years that had opposite effects on the August deficit in their… Continue Reading

Google’s new ‘Verified Calls’ feature will tell you why a business is calling you

Google Blog: “Businesses often rely on phone calls to reach out to new customers and serve existing ones. But here’s the hang-up: customers often don’t answer the call if they don’t recognize the number. They worry it could be spam, or worse, a scam: a 2019 FTC report found that phone calls were the number… Continue Reading