Accurate, Focused Research on Law, Technology and Knowledge Discovery Since 2002

Category Archives: Financial System

Importance of Individual Account Retirement Plans and Home Equity in Family Total Wealth

Employee Benefit Research Institute – Importance of Individual Account Retirement Plans and Home Equity in Family Total Wealth, May 2017, Vol. 38, No. 7. “This EBRI Notes examines the level of assets held by families with a working family head ages 25-64 in individual account (IA) retirement plans (employment-based defined contribution (DC) plans and individual retirement accounts (IRAs)) relative to all of their financial assets. Furthermore, this study also shows the importance of home equity held by families.”

The South Is Home to 10 of the 15 Fastest-Growing Large Cities

“Ten of the 15 fastest-growing large cities were located across the South in 2016, with four of the top five in Texas, according to new population estimates released today by the U.S. Census Bureau. Conroe, Texas (near Houston), was the fastest-growing large city (population of 50,000 or more) between 2015 and 2016 at 7.8 percent,… Continue Reading

2015 E-Stats Report: Measuring the Electronic Economy

May 24, 2017 – “This report summarizes e-commerce statistics on shipments, sales and revenues from four sectors of the economy: manufacturing, wholesale, services & retail…The 2015 E-Stats provides estimates of e-commerce activity in key sectors of the U.S. economy for 2015, revises previously released estimates for 2014 and earlier, and places these estimates in historical… Continue Reading

CBO Analysis of American Health Care Act of 2017

H.R. 1628, American Health Care Act of 2017 – May 24, 2017 – Cost Estimate “CBO and the staff of the Joint Committee on Taxation (JCT) have completed an estimate of the direct spending and revenue effects of H.R. 1628, the American Health Care Act of 2017, as passed by the House of Representatives. CBO and… Continue Reading

Cmte. for a Responsible Federal Budget challenges Trump’s huge spending cuts

Committee for a Responsible Federal Budget President Maya MacGuineas said the following: “President Trump’s first full budget was previewed tonight. [America First – A Budget Blueprint to Make America Great Again] The budget calls for $3.6 trillion of spending reductions and reforms over the next decade. The White House Office of Management and Budget estimates that… Continue Reading

States Where the Most People Work for the Government

24/7 Wall St – “Despite consistent urging from a portion of the American public to slim down government, a large number of residents continue to make a living by working in government. In 2016, more than 3 out of every 20 American jobs involved working for the federal, state, or local government. Not all states,… Continue Reading

OECD Economic Survey of China 2017

“The latest OECD Economic Survey of China projects that the Chinese economy will remain the major driver of global growth for the foreseeable future, with per capita GDP on course to almost double by 2020 from 2010 levels. The Survey recommends continued efforts to rebalance the economy from investment to consumption and to address key risks… Continue Reading

Financial Times 2017 Ranking of world’s best MBA programs

Global MBA Ranking 2017 – Every year, the FT ranks the world’s best MBA programmes using multiple criteria. Use the interactive table below to compare schools. Continue Reading

This Map Reveals the Top 2017 Brands for each Country

“You can probably rattle off the names of a few dozen countries around the world. But can you name each of those countries’ biggest brands? Probably not. And yet, many of those brands have more money and power than most countries. So perhaps schools should teach less geography, more global brands. This map is a… Continue Reading

Wall St 24/7 – The Value of a Dollar in Each State

“The value of a dollar is not the same everywhere. Prices even of identical items vary dramatically depending on where they are sold. The Bureau of Economic Analysis calculates regional price parities — differences in the price levels of goods and services — in each state. Using this data from the BEA, 24/7 Wall St.… Continue Reading

Household Debt Reaches New Peak Driven by Gains in Mortgage, Auto, and Student Debt

Federal Reserve Bank of New York: “The Center for Microeconomic Data’s latest Quarterly Report on Household Debt and Credit reveals that total household debt achieved a new peak in the first quarter of 2017, rising by $149 billion to $12.73 trillion—$50 billion above the previous peak reached in the third quarter of 2008. Balances climbed… Continue Reading

GAO – Gov’t Opportunities to Address Pervasive Management Risks and Challenges while Reducing Federal Costs

Government Efficiency and Effectiveness: Opportunities to Address Pervasive Management Risks and Challenges while Reducing Federal Costs, GAO-17-631T: Published: May 17, 2017. Publicly Released: May 17, 2017: “The federal government is on a long-term, unsustainable fiscal path—it is spending more money than it is collecting. We’ve made hundreds of recommendations through our High Risk list and… Continue Reading